UNITED GLOBAL INITIATIVE INC

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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

2016

Legal Domicile

Principal Officer

HASNAIN WALJI

Phone

7815057861

Tax Period

2024-01-01 to 2024-12-31

UNITED GLOBAL INITIATIVE INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $3.0M exceeded revenue, resulting in a 156% operating deficit.

Mission

BUILDING STRONGER COMMUNITIES BY HELPING TO PROVIDE ACCESS TO EDUCATION AND RESOURCES FOR DEVELOPING SKILLS PEOPLE NEED TO MAKE A LIVING AND A LIFE.

Program Service Accomplishments

Program 1

Expenses: $2,197,358 Revenue: $0

BUILDING EDUCATION FACILITIES AND PROVIDING RESOURCES FOR EDUCATION THROUGH THE ORGANIZATION AS WELL AS CONTRIBUTIONS TO OTHER NON-PROFITS THAT OPERATE IN LINE WITH THE ORGANIZATIONS MISSION.

Program 2

Expenses: $446,869 Revenue: $0

PROVIDING TRAINING AND OTHER RESOURCES TO GIVE SKILLS TO COMMUNITIES THAT CANNOT AFFORD TO OBTAIN THEM ON THEIR OWN

Program 3

Expenses: $355,127 Revenue: $0

BUILDING MEDICAL FACILITIES & PROVIDING RESOURCES TO COMMUNITIES TO GIVE BETTER AVAIBILITY AND CARE IN HEALTH AND MEDICAL RELATED FIELDS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,119,614

Program Service Revenue $0

Investment Income $51,871

Other Revenue $0

TOTAL REVENUE $1,171,485

Expense Breakdown

Grants Paid $2,914,054

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,999,354

Other Expenses $90,083

TOTAL EXPENSES $3,004,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,171,485	$1,156,455	+0.0%
Expenses	$3,004,137	$1,859,880	+0.6%
Net Income	$-1,832,652	$-703,425	+1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HASNAIN WALJI	DIRECTOR	5.00	Director	$0	$0	$0
LARRY TAYLOR	DIRECTOR	5.00	Director	$0	$0	$0
MUJTABA ALI	DIRECTOR	5.00	Director	$0	$0	$0

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
2024	$1,171,485	$3,004,137	$499,868	$-1,832,652
2023	$1,156,455	$1,859,880	$2,332,519	$-703,425
2022	$1,082,302	$1,134,224	$3,035,944	$-51,922
2021	$3,163,378	$537,323	$3,087,866	$2,626,055
2020	$777,998	$380,895	$461,811	$397,103
2019	$165,036	$165,091	$64,709	$-55
2018	$136,350	$96,684	$64,766	$39,666