SMYRNA FOUNDATION

EIN: 812027477 501(c)(3) Food, Agriculture & Nutrition

LIVONIA, MI

Total Revenue
$634,606
Total Expenses
$633,213
Total Assets
$12,188
Net Assets
$12,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
SORIN IACOBAN
Phone
7347758044
Tax Period
2025-01-01 to 2025-12-31

SMYRNA FOUNDATION, founded in 2016, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $635K in total revenue in fiscal year 2025. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

PROVIDE FOOD AND EDUCATION TO BATWA AND IK TRIBES IN UGANDAPROVIDE FOOS AND EDUCATION TO ORPHANS AND STREET CHILDREN IN ROMANIA, UKRAINE, AND MOLDOVA

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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 (2025)

Revenue Breakdown

Contributions & Grants $634,606
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $634,606

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $633,213
Other Expenses $633,213
TOTAL EXPENSES $633,213

Year-over-Year Comparison

2025 2024 Change
Revenue $634,606 $492,028 +0.3%
Expenses $633,213 $493,726 +0.3%
Net Income $1,393 $-1,698 -1.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK BALMUS VICE PRESIDENT 20.00
Officer Director
$0 $0 $0
SORIN IACOBAN PRESIDENT 40.00
Officer
$0 $0 $0
TABITHA STIRB SECRETARY 20.00
Officer
$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
2025 $634,606 $633,213 $12,188 $1,393
2024 $492,028 $493,726 $10,795 $-1,698
2023 $584,991 $593,418 $12,493 $-8,427
2022 $755,162 $748,511 $20,920 $6,651
2021 $785,908 $780,282 $14,269 $5,626
2020 $331,880 $331,454 $8,643 $426
2019 $211,437 $204,441 $8,217 $6,996
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