NED ALUMNI ENDOWMENT FUND INC

EIN: 861894463 501(c)(3) Education

KATY, TX

Total Revenue
$228,366
Total Expenses
$22,332
Total Assets
$224,561
Net Assets
$224,561
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
ENGR ZAHID BABAR
Phone
7037279887
Tax Period
2024-01-01 to 2024-12-31

NED ALUMNI ENDOWMENT FUND INC, founded in 2021, is a small nonprofit in the Education sector that reported $228K in total revenue in fiscal year 2024. Revenue surged 20986% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 90% operating margin.

Mission

TO PROMOTE RESEARCH AND EDUCATIONAL OBJECTIVES THAT IMPACT THE SCIENTIFIC AND TECHNICAL DEVELOPMENT AND PROSPERITY OF NED UNIVERSITY AND ITS ALUMNI

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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 (2024)

Revenue Breakdown

Contributions & Grants $213,371
Program Service Revenue $0
Investment Income $14,995
Other Revenue $0
TOTAL REVENUE $228,366

Expense Breakdown

Grants Paid $22,150
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,150
Other Expenses $182
TOTAL EXPENSES $22,332

Year-over-Year Comparison

2024 2023 Change
Revenue $228,366 $1,083 +209.9%
Expenses $22,332 $26,869 -0.2%
Net Income $206,034 $-25,786 -9.0%
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

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Governance

Voting Members
7
Independent Members
7
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ENGR ZAHID BABAR PRESIDENT N/A
Director
$0 $0 $0
ENGR MAHMOOD AKHTER SECRETARY N/A
Director
$0 $0 $0
ENGR ARIF MANSURI DIRECTOR N/A
Director
$0 $0 $0
ENGR SYED RAZIUDDIN KHAN DIRECTOR N/A
Director
$0 $0 $0
MOHAMMAD R YOUSUF CPA DIRECTOR N/A
Director
$0 $0 $0
ENGR DR SAAD AHMED QAZI DIRECTOR N/A
Director
$0 $0 $0
ENGR SOHAIL BASHIR DIRECTOR N/A
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 $228,366 $22,332 $224,561 $206,034
2023 $1,083 $26,869 $4,368 $-25,786
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