NIBRAS EDUCATION FOUNDATION

EIN: 824841100 501(c)(3) Education

DEARBORN, MI

Total Revenue
$140,058
Total Expenses
$131,490
Total Assets
$21,615
Net Assets
$21,615
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MI
Principal Officer
AHMAD ALHOMSI
Phone
3136037752
Tax Period
2023-01-01 to 2023-12-31

NIBRAS EDUCATION FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $140K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $131K left a modest 6% surplus.

Mission

Provide a hospitable and nurturing environment to encourage the healthy exchange of ideas by hosting numerous readings, book fairs and groups, presentations, and on-line discussions. Engaging with the many diverse peoples and organizations of our community.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $140,058
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $140,058

Expense Breakdown

Grants Paid $74,745
Salaries & Benefits $0
Fundraising Expenses $10,314
Program Expenses $76,251
Other Expenses $56,745
TOTAL EXPENSES $131,490

Year-over-Year Comparison

2023 2022 Change
Revenue $140,058 $106,411 +0.3%
Expenses $131,490 $111,643 +0.2%
Net Income $8,568 $-5,232 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
2
Independent Members
1
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
1
$43,790
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AHMAD ALHOMSI PRESIDENT N/A
Officer
$43,790 $0 $43,790
AHMAD ALHALABI VICE PRESIDENT N/A
$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 No data No data No data No data
2023 $140,058 $131,490 $21,615 $8,568
2022 $106,411 $111,643 $13,046 $-5,232
2021 $80,338 $61,958 No data $18,380
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NIBRAS EDUCATION FOUNDATION with other nonprofits in Michigan and across the country.