TURMIA FOUNDATION (EIN 814054199) - Form 990 Financial Analysis & Trantor Score

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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

AFSHAN ALI

Tax Period

2024-01-01 to 2024-12-31

TURMIA FOUNDATION, founded in 2016, is a micro nonprofit in the International Affairs sector that reported $3K in total revenue in fiscal year 2024. Expenses of $6K exceeded revenue, resulting in a 123% operating deficit.

Mission

TO HELP UNDERPRIVILIDGED CHILDREN AROUND THE WORLD WITH THEIR SOCIAL, EDUCATIONAL, HEALTH, AND ECONOMIC NEEDS.

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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 $2,219

Program Service Revenue $0

Investment Income $568

Other Revenue $0

TOTAL REVENUE $2,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,160

Other Expenses $6,210

TOTAL EXPENSES $6,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,787	N/A	N/A
Expenses	$6,210	N/A	N/A
Net Income	$-3,423	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
AFSHAN ALI	PRESIDENT	Officer	$0	$0	$0
BAQIR ALI	SECRETARY	Officer	$0	$0	$0
HASSAN ALI	VICE PRES	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
2024	$2,787	$6,210	$165,785	$-3,423
2023	$103,343	No data	$169,208	No data
2022	$104,339	$250,000	$65,865	$-145,661
2021	$109,483	$6,750	$211,526	$102,733
2020	$57,043	No data	$108,793	No data
2019	$56,650	$5,000	$51,750	$51,650
2018	$500	$500	$100	No data

TURMIA FOUNDATION