IRAQI CHILDRENS HOPE

EIN: 844760484 501(c)(3) International Affairs

FAIRFAX, VA

Total Revenue
$271,238
Total Expenses
$353,843
Total Assets
$51,925
Net Assets
$51,925
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
QASSIM ALOWAID
Phone
5713578280
Tax Period
2024-01-01 to 2024-12-31

IRAQI CHILDRENS HOPE, founded in 2020, is a small nonprofit in the International Affairs sector that reported $141K in total revenue in fiscal year 2021. The organization ran a surplus of $29K, a strong 20% operating margin.

Mission

PROVIDE CLOTHING, FOOD, MEDICAL EQUIPMENT, PERSONAL HYGIENE PRODUCTS, SCHOOL SUPPLIES, AND OTHER ESSENTIAL SUUPLIES TO NEEDY KIDS IN IRAQ

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $271,238
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $271,238

Expense Breakdown

Grants Paid $352,213
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $353,843
Other Expenses $1,630
TOTAL EXPENSES $353,843

Year-over-Year Comparison

2024 2023 Change
Revenue $271,238 $314,051 -0.1%
Expenses $353,843 $218,959 +0.6%
Net Income $-82,605 $95,092 -1.9%
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

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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
3
Employees
N/A
Volunteers
3

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
ROZ FULLER VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
FARAH S CHALABI SECRETARY 0.00
Officer Director
$0 $0 $0
QASSIM ALOWAID PRESIDENT 0.00
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
2024 $271,238 $353,843 $51,925 $-82,605
2023 $314,051 $218,959 $134,530 $95,092
2022 $207,488 $214,182 $39,438 $-6,694
2021 $141,277 $112,674 $46,132 $28,603
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