AL-ANWAR AL-NAJAFIA FOUNDATION FOR… - Form 990 Financial Data

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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

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, and especially in countries ravaged by war, terrorism, and natural disasters; and to care for the poor, destitute, and disadvantaged across the globe, and especially in countries ravaged by war, terrorism, and natural disasters.

Program Service Accomplishments

Program 1

Expenses: $2,519,100 Revenue: $0

GRANTMAKING. To advance the purpose of providing humanitarian aid to orphans, the organization provided grants to international partners that deliver support to minors orphaned due to war, terrorism...

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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 (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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
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

AL-ANWAR AL-NAJAFIA FOUNDATION FOR CULTURE AND DEVELOPMENT