NASIB FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

BARWAKO NALAYEH

Phone

3103887919

Tax Period

2024-01-01 to 2024-12-31

NASIB FOUNDATION, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $933K in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $885K left a modest 5% surplus.

Mission

OUR MISSION IS TO PARTNER WITH OUR COMMUNITY TO SUPPORT AND ENHANCE THE LIVES OF UNDERPRIVILEGED CHILDREN,TO PROVIDE THEM WITH EDUCATIONAL RESOURCES, AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE AS ALLOWED BY LAW.

Program Service Accomplishments

Program 1

Expenses: $766,536

NASIB FOUNDATION REMAINS COMMITTED TO ITS MISSION OF EMPOWERING AND TRANSFORMING COMMUNITIES WORLDWIDE THROUGH EDUCATION. IN 2022, A SIGNIFICANT PORTION OF OUR PROGRAM-RELATED EXPENSES WENT TOWARD...

NASIB FOUNDATION REMAINS COMMITTED TO ITS MISSION OF EMPOWERING AND TRANSFORMING COMMUNITIES WORLDWIDE THROUGH EDUCATION. IN 2022, A SIGNIFICANT PORTION OF OUR PROGRAM-RELATED EXPENSES WENT TOWARD SUPPORTING INITIATIVES THAT UNDERSCORE OUR UNWAVERING DEDICATION TO ENHANCING ACCESS TO HIGH-QUALITY EDUCATION, PROMOTING LIFELONG LEARNING, AND FACILITATING OPPORTUNITIES FOR INDIVIDUALS AND COMMUNITIES TO REALIZE THEIR FULL POTENTIAL. THROUGH STRATEGIC PARTNERSHIPS AND PURPOSEFUL INVESTMENTS, WE ASPIRE TO FOSTER A BRIGHTER FUTURE IN WHICH EDUCATION PLAYS A PIVOTAL ROLE IN DRIVING POSITIVE CHANGE AND EQUIPPING INDIVIDUALS WITH THE KNOWLEDGE AND SKILLS NEEDED TO BUILD THRIVING, INCLUSIVE, AND SUSTAINABLE SOCIETIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $933,046

Other Revenue $0

TOTAL REVENUE $933,046

Expense Breakdown

Grants Paid $766,536

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $766,536

Other Expenses $118,570

TOTAL EXPENSES $885,106

Year-over-Year Comparison

	2024	2023	Change
Revenue	$933,046	$480,442	+0.9%
Expenses	$885,106	$883,449	+0.0%
Net Income	$47,940	$-403,007	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMIA MOHAMED	PRESIDENT	3.00	Officer Director	$0	$0	$0
PAMELLA TOWNSEND	DIRECTOR	1.00	Director	$0	$0	$0
MUKHTAR AHMED	DIRECTOR	1.00	Director	$0	$0	$0
BARWAKO NALAYEH	SECRETARY AND TREASURER	0.00	Officer	$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	$933,046	$885,106	$20,022,921	$47,940
2023	$480,442	$883,449	$18,739,283	$-403,007
2022	$-1,183,486	$791,691	$17,034,080	$-1,975,177
2021	$20,511,355	$25,933	$20,803,652	$20,485,422