ASHER CENTER FOR INNOVATION AND ENTREPRENEURSHIP FOUNDATION

EIN: 883191952 501(c)(3) Education

WARRENSVL HTS, OH

Total Revenue
$206,056
Total Expenses
$94,710
Total Assets
$111,346
Net Assets
$111,346
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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
2023
Legal Domicile
OH
Tax Period
2023-01-01 to 2023-12-31

ASHER CENTER FOR INNOVATION AND ENTREPRENEURSHIP FOUNDATION, founded in 2023, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2023. The organization ran a surplus of $111K, a strong 54% operating margin.

Mission

To ensure that Lebanese youth receive the education support and mentoring to become the leading entrepreneurs of their generation by providing funding for their wellbeing during their youth and educational scholarships as well as supporting entrepreneurial centers so that they receiving the guidance to develop their business ideas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,056
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $206,056

Expense Breakdown

Grants Paid $79,270
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,260
Other Expenses $15,440
TOTAL EXPENSES $94,710

Year-over-Year Comparison

2023 2022 Change
Revenue $206,056 N/A N/A
Expenses $94,710 N/A N/A
Net Income $111,346 N/A 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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony J Asher Chairman of the Board of Directors 5.00
Officer Director
$0 $0 $0
Jad Daye Trustee 2.00
Director
$0 $0 $0
George E Kikano Trustee 2.00
Director
$0 $0 $0
Bob Kourieh Trustee 2.00
Director
$0 $0 $0
Rami Chalhoub Trustee 2.00
Director
$0 $0 $0
George Repchick Trustee 2.00
Director
$0 $0 $0
James Kassouf Trustee 2.00
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 $206,056 $94,710 $111,346 $111,346
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