United Foundation for Global Devel… - Form 990 Financial Data

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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

2021

Legal Domicile

Principal Officer

Daoud Mahmud Barhum

Phone

5102994183

Tax Period

2023-01-01 to 2023-12-31

United Foundation for Global Development, founded in 2021, is a small nonprofit in the Education sector that reported $736K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

To improve the quality of life of the less fortunate.

Program Service Accomplishments

Program 1

Expenses: $769,535

The organization has facilitated the building of 90 water wells in African communities in need of reliable clean water.Provided over 2,700 food packages directly to local communities within African countries in need of food.Provides housing, clothing, and other humanitarian assistance on a needed basis. Improving the lives of approximately 300 communities in Africa.

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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 (2023)

Revenue Breakdown

Contributions & Grants $736,020

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $736,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,234

Program Expenses $769,535

Other Expenses $774,436

TOTAL EXPENSES $774,436

Year-over-Year Comparison

	2023	2022	Change
Revenue	$736,020	$505,053	+0.5%
Expenses	$774,436	$606,561	+0.3%
Net Income	$-38,416	$-101,508	-0.6%

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
Daoud Mahmud Barhum	CEO	Officer Director	$0	$0	$0
Raed Shihda Abdallah	CFO	Officer Director	$0	$0	$0
Hatem Barhum	Secretary	Officer Director	$0	$0	$0
Ishmael Ayesh	Director	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
2023	$736,020	$774,436	$38,472	$-38,416
2022	$505,053	$606,561	$76,888	$-101,508

United Foundation for Global Development