MN FOUNDATION INC

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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

2020

Legal Domicile

Principal Officer

MAGDY SHADY

Phone

5164437778

Tax Period

2024-10-01 to 2025-09-30

MN FOUNDATION INC, founded in 2020, is a small nonprofit in the Health Care sector that reported $256K in total revenue in fiscal year 2024. The organization ran a surplus of $246K, a strong 96% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO DONATE MEDICAL EQUIPMENT TO HOSPITALS AND MEDICAL PRACTICES LOCATED IN LOW INCOME AREAS WITHIN THE UNITED STATES AND ABROAD.

Program Service Accomplishments

Program 1

Expenses: $8,755

THE FOUNDATION PROVIDES MEDICAL EQUIPMENT TO HOSPITALS AND MEDICAL PRACTICES LOCATED IN POOR AREAS WITHIN THE UNITED STATES AND ABROAD.

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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 $230,000

Program Service Revenue $0

Investment Income $25,953

Other Revenue $0

TOTAL REVENUE $255,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,755

Other Expenses $10,375

TOTAL EXPENSES $10,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,953	$263,585	0.0%
Expenses	$10,375	$22,100	-0.5%
Net Income	$245,578	$241,485	+0.0%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
AHEMD FAHMY	DIRECTOR	Officer Director	$0	$0	$0
MOHAMED HAKIM	DIRECTOR	Officer Director	$0	$0	$0
MAGDY SHADY	DIRECTOR	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	$255,953	$10,375	$949,903	$245,578
2024	$263,585	$22,100	$715,524	$241,485
2023	$268,936	$9,825	$472,639	$259,111
2022	$200,016	$11,000	$214,729	$189,016