MULTIFAITH ALLIANCE INC

EIN: 810799662 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$1,777,229
Total Expenses
$1,453,233
Total Assets
$507,622
Net Assets
$417,518
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DC
Principal Officer
SHADI MARTINI
Phone
9178102820
Tax Period
2023-01-01 to 2023-12-31

MULTIFAITH ALLIANCE INC, founded in 2015, is a community nonprofit in the International Affairs sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $324K, a strong 18% operating margin.

Mission

MULTIFAITH ALLIANCE INCORPORATED'S PURPOSE IS TO HARNESS THE COLLECTIVE POWER OF FAITH-BASED AND SECULAR PARTNERS TO BUILD ON THE STRENGTH AND RESILIENCE OF THE SYRIAN PEOPLE, HELP THEM RESTORE THEIR LIVES, AND PLANT THE SEEDS FOR A MORE STABLE REGION.

Program Service Accomplishments

Program 1
Expenses: $1,325,368

MULTIFAITH ALLIANCE DELIVERS HUMANITARIAN AID TO SYRIANS WHOSE LIVES HAVE BEEN DISRUPTED BY WAR, ADVOCATE FOR RATIONAL POLICIES, CREATE GREATER AWARENESS OF THE STRENGTH AND RESILIENCE OF THE SYRIAN...

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MULTIFAITH ALLIANCE DELIVERS HUMANITARIAN AID TO SYRIANS WHOSE LIVES HAVE BEEN DISRUPTED BY WAR, ADVOCATE FOR RATIONAL POLICIES, CREATE GREATER AWARENESS OF THE STRENGTH AND RESILIENCE OF THE SYRIAN PEOPLE AND THE NEED TO HELP RESTORE THEIR LIVES. IN 2023 MULTIFAITH ALLIANCE PROVIDED 24 TONS OF RICE DURING AN EMERGENCY AID RESPONSE, AS WELL AS ESTABLISHED 2 MODULAR HEALTHCARE FACILITIES. ESSENTIAL RELIEF SHIPMENTS WORTH OVER 140 MILLION WERE DISTRIBUTED AND INCLUDED MEDICINE, MEDICAL EQUIPMENT, HYGIENE KITS, FOOD KITS, AND MORE. MULTIFAITH ALLIANCE INSTALLED 8 SOLAR-POWERED WATER PURIFICATION SYSTEMS IN SCHOOLS AND HEALTH FACILITIES IN NORTHEAST SYRIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,777,229
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,777,229

Expense Breakdown

Grants Paid $0
Salaries & Benefits $539,174
Fundraising Expenses $8,887
Program Expenses $1,325,368
Other Expenses $912,249
TOTAL EXPENSES $1,453,233

Year-over-Year Comparison

2023 2022 Change
Revenue $1,777,229 $929,406 +0.9%
Expenses $1,453,233 $789,617 +0.8%
Net Income $323,996 $139,789 +1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
6
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$163,175
Total Directors
8
$163,175
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR GEORGETTE BENNETT CHAIRPERSON 0.50
Officer Director
$0 $0 $0
DR ABDALMAJID KATRANJI TREASURER 0.50
Officer Director
$0 $0 $0
MARTIN KALIN SECRETARY 0.50
Officer Director
$0 $0 $0
DR MALAZ ATASSI DIRECTOR 0.50
Director
$0 $0 $0
DR YAHYA BASHA DIRECTOR 0.50
Director
$0 $0 $0
DR LEONARD POLONSKY CBE DIRECTOR 0.50
Director
$0 $0 $0
JONATHAN WIESNER DIRECTOR 0.50
Director
$0 $0 $0
SHADI MARTINI CEO 40.00
Officer Director
$110,500 $52,675 $163,175
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $1,777,229 $1,453,233 $507,622 $323,996
2022 $929,406 $789,617 $93,522 $139,789
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