HIGH ATLAS FOUNDATION

EIN: 850478294 501(c)(3) Environment

NEW YORK, NY

Total Revenue
$6,684,160
Total Expenses
$4,655,940
Total Assets
$3,779,217
Net Assets
$1,695,909
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
YOSSEF BEN-MEIR PHD
Phone
6466882946
Tax Period
2023-01-01 to 2023-12-31

HIGH ATLAS FOUNDATION, founded in 2000, is a community nonprofit in the Environment sector that reported $6.7M in total revenue in fiscal year 2023. Revenue surged 185% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 30% operating margin.

Mission

ESTABLISH AND DEVELOP PROJECTS FOR RURAL COMMUNITIES ENABLING THEM TO BECOME ECONOMICALLY STABLE.

Program Service Accomplishments

Program 1
Expenses: $3,646,079 Revenue: $119,967

ESTABLISH AND DEVELOP PROJECTS IN DIFFERENT PARTS OF MOROCCO THAT LOCAL COMMUNITIES DESIGN AND MANAGE, AND THAT ARE IN PARTNERSHIP WITH GOVERNMENT AND NON-GOVERNMENT AGENCIES; WOMENS SELF-DISCOVERY...

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ESTABLISH AND DEVELOP PROJECTS IN DIFFERENT PARTS OF MOROCCO THAT LOCAL COMMUNITIES DESIGN AND MANAGE, AND THAT ARE IN PARTNERSHIP WITH GOVERNMENT AND NON-GOVERNMENT AGENCIES; WOMENS SELF-DISCOVERY AND SOCIOECONOMIC RIGHTS; CREATING GREEN SPACES AT RURAL SCHOOLS BY PLANTING TREES AND PROVIDING/IMPROVING CLEAN WATER SYSTEMS AND BATHROOMS IN THOSE RURAL SCHOOLS; ORGANIC FRUIT TREE PLANTING AND COMMUNITY NURSERIES; CLEAN DRINKING WATER AND VILLAGE-LEVEL INSTITUTION BUILDING IN RURAL MOROCCO; MULTICULTURALISM AND SUSTAINABLE DEVELOPMENT.

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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 $6,551,967
Program Service Revenue $119,967
Investment Income $0
Other Revenue $12,226
TOTAL REVENUE $6,684,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,328,438
Fundraising Expenses $0
Program Expenses $3,646,079
Other Expenses $3,327,502
TOTAL EXPENSES $4,655,940

Year-over-Year Comparison

2023 2022 Change
Revenue $6,684,160 $2,343,118 +1.9%
Expenses $4,655,940 $3,186,979 +0.5%
Net Income $2,028,220 $-843,861 -3.4%
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

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Governance

Voting Members
11
Independent Members
10
Employees
1
Volunteers
58

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
5
$224,800
Total Directors
11
$224,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOSSEF BEN-MEIR PHD President 40.00
Officer Director
$200,059 $24,741 $224,800
HARRY PALUMBO Chairman 2.00
Officer Director
$0 $0 $0
ELLEN PAQUETTE vice chair 2.00
Officer Director
$0 $0 $0
MARTINE ROBERTS Secretary 2.00
Officer Director
$0 $0 $0
SUZANNE BAAZET Treasurer 2.00
Officer Director
$0 $0 $0
Chemsedine Sidi-Baba MEMBER 2.00
Director
$0 $0 $0
Amine Alami Member 2.00
Director
$0 $0 $0
BRUNO MEJEAN MEMBER 2.00
Director
$0 $0 $0
Lamia Fikrat Member 2.00
Director
$0 $0 $0
Nizzar Ben Chekroune Member 2.00
Director
$0 $0 $0
Ruth Huwe Member 2.00
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 $6,684,160 $4,615,801 $3,779,218 $2,068,359
2023 $6,684,160 $4,655,940 $3,779,217 $2,028,220
2022 $2,343,118 $3,186,979 $2,790,974 $-843,861
2021 $1,469,523 $1,501,736 $1,752,209 $-32,213
2020 $1,020,109 $1,143,678 $624,511 $-123,569
2019 $1,002,848 $812,043 $304,410 $190,805
2018 $464,001 $562,041 $158,831 $-98,040
2018 $464,001 $562,041 $158,831 $-98,040
2017 $510,556 $315,835 $326,160 $194,721
2016 $262,145 $281,941 $127,181 $-19,796
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