WORLD LEBANESE CULTURAL UNION INC … - 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

1979

Legal Domicile

Principal Officer

MICHEL HAJJAR

Phone

6174482058

Tax Period

2023-01-01 to 2023-12-31

WORLD LEBANESE CULTURAL UNION INC C/O MICHEL HAJJAR, founded in 1979, is a micro nonprofit in the Human Services sector that reported $24K in total revenue in fiscal year 2023. The organization ran a surplus of $5K, a strong 22% operating margin.

Mission

TO PROMOTE THE DEVELOPMENT OF EDUCATION, CULTURAL, AND CHARITABLE ACTIVITIES BETWEENTHE UNITED STATES OF AMERICA AND THE REPUBLIC OF LEBANON.

Program Service Accomplishments

Program 1

Expenses: $14,299 Revenue: $677

TO PROMOTE THE DEVELOPMENT OF EDUCATION,CULTURAL, AND CHARITABLE ACTIVITIES BETWEEN THE UNITED STATES OF AMERICA AND THE REPUBLIC OF LEBANON.

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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 $440

Program Service Revenue $237

Investment Income $23,726

Other Revenue $0

TOTAL REVENUE $24,403

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,299

Other Expenses $19,009

TOTAL EXPENSES $19,009

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,403	N/A	N/A
Expenses	$19,009	N/A	N/A
Net Income	$5,394	$0	N/A

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

N/A

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
TONY SAROUFIM	ACTING PRESIDENT	8.00	Officer Director	$0	$0	$0
MICHAEL HAJJAR	TREASURER	8.00	Officer Director	$0	$0	$0
HENRIETTE KASSIS	SECRETARY	5.00	Officer Director	$0	$0	$0
HENRIETTE KASSIS	DIRECTOR, 1ST VICE PRESIDE	5.00	Director	$0	$0	$0
ELIAS HARIK	DIRECTOR, 2ND VICE PRESIDE	3.00	Director	$0	$0	$0
AREF ARNOUS	DIRECTOR, 3RD VICE PRES.	5.00	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
2023	$24,403	$19,009	$140,579	$5,394
2022	$15,354	$21,798	$135,185	$-6,444
2021	$38,087	$40,624	$141,629	$-2,537
2020	$35,615	$54,904	$144,166	$-19,289
2019	$18,912	$25,629	$163,455	$-6,717
2018	$11,169	$14,598	$170,172	$-3,429

WORLD LEBANESE CULTURAL UNION INC C/O MICHEL HAJJAR