MY LEGACY FOUNDATION

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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

2019

Legal Domicile

Phone

3133573666

Tax Period

2024-07-01 to 2025-06-30

Mission

PUBLIC SERVICE AND EDUCATION

Program Service Accomplishments

Program 1

Expenses: $196,695

OUR MISSION IS TO HELP TO UNDERPRIVILEGED IN THEIR DAILY ASPECTS OF LIFE. AN ORGANIZATION IN THE COMMUNITY THAT CAN HELP ADMINISTER FOOD AND CLOTHING TO THE NEEDY. ALSO WE WANT TO HELP WITH EDUCATION...

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $196,695

Other Expenses $196,695

TOTAL EXPENSES $196,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$220,005	-1.0%
Expenses	$196,695	$476,944	-0.6%
Net Income	N/A	$-256,939	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

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
MIKE SHEHADI	PRESIDENT	45.00	Director	$0	$0	$0
SHADIA TURFAH	SECRETARY	0.00	Director	$0	$0	$0
RAWAN SHEHADI	DIRECTOR	0.00	Director	$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	No data	$196,695	$5,185,601	No data
2024	$220,005	$476,944	$1,580,501	$-256,939
2023	$2,038,200	$231,040	$1,837,440	$1,807,160
2022	$30,000	$230,648	$30,280	$-200,648