MARA FOUNDATION

EIN: 842466729 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$632,548
Total Expenses
$683,007
Total Assets
$11,268
Net Assets
$11,268
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
KOUROASH NASSER POURHABIB
Phone
3102774657
Tax Period
2023-01-01 to 2023-12-31

MARA FOUNDATION, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $633K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $494,068

THE FELLOWSHIP PROMOTES EACH SYMPOSIUM THROUGH ITS WEBSITE AT HTTPS://WWW.JERICHOFELLOWSHIP.COM. AS EVEN ESTABLISHED (NOT TO MENTION YOUNG UP-AND-COMING) ARTISTS USUALLY STRUGGLE FINANCIALLY AND HAVE...

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THE FELLOWSHIP PROMOTES EACH SYMPOSIUM THROUGH ITS WEBSITE AT HTTPS://WWW.JERICHOFELLOWSHIP.COM. AS EVEN ESTABLISHED (NOT TO MENTION YOUNG UP-AND-COMING) ARTISTS USUALLY STRUGGLE FINANCIALLY AND HAVE LIMITED MEANS, THE FOUNDATION FULLY FUNDS THE VENUE, INSURANCE, DINNER EXPENSES, AND OTHER COSTS OF EACH SYMPOSIUM, SO THAT THERE IS NO ENTRANCE OR OTHER FEE FOR ATTENDEES.THIS YEAR, IN LIEU OF THE FELLOWSHIP PRIZE, THE PRIZE MONEY WAS DIRECTED TOWARDS WORKING DIRECTLY WITH GERI: GENDER EQUALITY & RECONCILIATION INTERNATIONAL. GERI BROUGHT THE ATTENDEES TOGETHER TO SPEAK THE DEPTHS OF THEIR TRUTH, EXPERIENCE THE POWER OF COLLECTIVE HEALING, AND TRANSMUTE DYSFUNCTIONAL GENDER CONDITIONING INTO BELOVED COMMUNITIES, WHICH IS AT THE CORE OF MARA FOUNDATION'S MISSION.

Program 2
Expenses: $136,796

AS AN ADJUNCT EVENT TO THE JERICHO FELLOWSHIP, ACADEMY WAS LAUNCHED IN 2023 AND HOSTED ITS INAUGURAL MULTI-DAY EVENT WITH YOUNG PROMISING ARTISTS IN THE FILM INDUSTRY, ALL UNDER THE AGE OF 18. THE...

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AS AN ADJUNCT EVENT TO THE JERICHO FELLOWSHIP, ACADEMY WAS LAUNCHED IN 2023 AND HOSTED ITS INAUGURAL MULTI-DAY EVENT WITH YOUNG PROMISING ARTISTS IN THE FILM INDUSTRY, ALL UNDER THE AGE OF 18. THE EVENT WAS CREATED TO HELP YOUNG, EMERGING TALENT NAVIGATE THE WORLD OF FILM, TELEVISION AND MEDIA, IN ORDER TO NOURISH, ENRICH, AND SAFELY ANCHOR THEIR LIVES, WORK, AND BEYOND.THE INAUGURAL EVENT BROUGHT TOGETHER 13 TALENTED INDIVIDUALS RESULTING IN A UNIQUE OPPORTUNITY TO BUILD A SAFE, INCLUSIVE ENVIRONMENT WITH A FOCUS ON MENTAL HEALTH THAT GIVES THESE YOUTH THE TOOLS THEY NEED TO BE RESILIENT IN THE ENTERTAINMENT INDUSTRY. THE EVENT AIMS TO EDUCATE AND ENRICH BOTH YOUTH AND MENTORS IN A LEARNING ENVIRONMENT, FILLED WITH EDUCATIONAL FORUMS, SYMPOSIA, WORKSHOPS, THEATRE, AND MUSICAL PERFORMANCES BY ESTABLISHED PROFESSIONALS AND OTHERS IN RELATED FIELDS.

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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 $632,548
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $632,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $630,864
Other Expenses $683,007
TOTAL EXPENSES $683,007

Year-over-Year Comparison

2023 2022 Change
Revenue $632,548 $575,000 +0.1%
Expenses $683,007 $549,909 +0.2%
Net Income $-50,459 $25,091 -3.0%
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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Governance

Voting Members
3
Independent Members
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KOUROASH POURHABIB PRESIDENT 1.00
Officer Director
$0 $0 $0
RYAN WALSH SECRETARY/CFO 1.00
Officer Director
$0 $0 $0
EMILY HARGROVE DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $632,548 $683,007 $11,268 $-50,459
2022 $575,000 $549,909 $61,727 $25,091
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