AL-ANWAR AL-NAJAFIA FOUNDATION FOR CULTURE AND DEVELOPMENT

EIN: 831744848 501(c)(3) International Affairs

Dearborn, MI

Total Revenue
$2,498,308
Total Expenses
$2,533,465
Total Assets
$67,812
Net Assets
$67,812
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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
2018
Legal Domicile
MI
Principal Officer
Mohamed Hassan Banoon
Phone
3137030123
Tax Period
2023-01-01 to 2023-12-31

AL-ANWAR AL-NAJAFIA FOUNDATION FOR CULTURE AND DEVELOPMENT, founded in 2018, is a community nonprofit in the International Affairs sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 346% from the prior year, signaling strong growth momentum.

Mission

To care for, educate, develop, and empower orphans across the globe.

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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 $2,498,308
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,498,308

Expense Breakdown

Grants Paid $2,519,100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,519,100
Other Expenses $14,365
TOTAL EXPENSES $2,533,465

Year-over-Year Comparison

2023 2022 Change
Revenue $2,498,308 $560,259 +3.5%
Expenses $2,533,465 $552,560 +3.6%
Net Income $-35,157 $7,699 -5.6%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
5

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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ali Basheerhussein Al-Najafi Chairman 5
Director
$0 $0 $0
Reda Fradi Director 5
Director
$0 $0 $0
Mohamed Hassan Banoon Chief Executive Officer 5
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
2023 $2,498,308 $2,533,465 $67,812 $-35,157
2022 $560,259 $552,560 $102,969 $7,699
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