MYKA FOUNDATION

EIN: 844721706 501(c)(3) Human Services

Houston, TX

Total Revenue
$307,408
Total Expenses
$323,070
Total Assets
$31,515
Net Assets
$31,515
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Phone
7134464999
Tax Period
2024-01-01 to 2024-12-31

MYKA FOUNDATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $307K in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum.

Mission

PROVIDING FORESTATION AND EDUCATION ASSISTANCE IN THE COUNTRY OF LEBANON

Program Service Accomplishments

Program 1
Expenses: $323,070

$260,000.00 DONATED FOR A PROGRAM OF FORRESTATION IN THE COUNTRY OF LEBANON, PART OF WHICH WAS WITH THE COLLABORATION OF THE LEBANESE ARMY, WHERE OVER 7,000 TREES FROM CEDAR AND OTHER CLIMATE...

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$260,000.00 DONATED FOR A PROGRAM OF FORRESTATION IN THE COUNTRY OF LEBANON, PART OF WHICH WAS WITH THE COLLABORATION OF THE LEBANESE ARMY, WHERE OVER 7,000 TREES FROM CEDAR AND OTHER CLIMATE COMPATIBLE TREES WERE PLANTED.BECAUSE OF THE DIRE LEBANESE ECONOMIC SITUATION NO ONE IS TAKING CARE OF LEBANONS ENVIRONMENTAL WEALTH, SO OUR ORGANIZATION TRIES TO BE A LIFELINE IN THIS MATTER.$150,000.00 DONTATED FOR A PROGRAM OF EDUCATION ASSISTANCE BY PROVIDING OVER 1,200 GRANT FOR LEBANESE CHILDREN AND YOUTH IN THE COUNTRY OF LEBANON TO ASSIST THEM IN AFFORDING BASIC EDUCATION SINCE THEY ARE THE FUTURE OF THE COUNTRY. THE COUNTRY OF LEBANON IS EXPERIENCING A DEVASTATING ECONOMIC COLLAPSE THAT IS PUSHING OVER 75% OF THE LEBANESE POPULATION UNDER THE POVERTY LINE. OUR ORGANIZATION TRIES TO OFFER AS MUCH ASSISTANCE AS POSSIBLE TO KEEP HOPE FOR A BETTER FUTURE DESPITE THE CRISIS THAT THE COUNTRY IS CURRENTLY EXPERIENCING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $307,408
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $307,408

Expense Breakdown

Grants Paid $321,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $323,070
Other Expenses $2,070
TOTAL EXPENSES $323,070

Year-over-Year Comparison

2024 2023 Change
Revenue $307,408 $165,027 +0.9%
Expenses $323,070 $424,905 -0.2%
Net Income $-15,662 $-259,878 -0.9%
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

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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
3
Independent Members
N/A
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKY HAOULIA DIRECTOR 0.00
Officer Director
$0 $0 $0
MICHEL YAMMINE DIRECTOR 40.00
Officer Director
$0 $0 $0
KATIA YAMMINE DIRECTOR 40.00
Officer 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 No data No data No data
2024 $307,408 $323,070 $31,515 $-15,662
2023 $165,027 $424,905 $47,177 $-259,878
2022 $512,646 $411,700 $307,055 $100,946
2021 $355,200 $355,200 $206,109 No data
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