MICHAEL AND CHRISTINE FARAH FAMILY FNDTN

EIN: 920416263 501(c)(3) Philanthropy & Grantmaking

COSTA MESA, CA

Total Revenue
$4,223,189
Total Expenses
$632,869
Total Assets
$7,778,354
Net Assets
$7,778,354
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
MICHAEL FARAH
Phone
9497192625
Tax Period
2024-01-01 to 2024-12-31

MICHAEL AND CHRISTINE FARAH FAMILY FNDTN, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 85% operating margin.

Mission

CHARITABLE CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS. SEE WEBSITE UNDER CONSTRUCTION AND CONTINUOUS UPDATE - HTTPS://THEFARAHFAMILYFOUNDATION.ORG

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,141,477
Program Service Revenue $0
Investment Income $81,712
Other Revenue $0
TOTAL REVENUE $4,223,189

Expense Breakdown

Grants Paid $463,376
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $596,372
Other Expenses $169,493
TOTAL EXPENSES $632,869

Year-over-Year Comparison

2024 2023 Change
Revenue $4,223,189 $1,854,138 +1.3%
Expenses $632,869 $231,730 +1.7%
Net Income $3,590,320 $1,622,408 +1.2%
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

Sign In

Governance

Voting Members
5
Independent Members
N/A
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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FARAH President & CEO 5.00
Officer Director
$0 $0 $0
CHRISTINE FARAH Secretary 0.25
Officer Director
$0 $0 $0
WILLIAM FARAH CFO 0.25
Officer Director
$0 $0 $0
MARIE TOVAR ASST SECRETARY 1.50
Officer
$0 $0 $0
KENNETH BRIGHT ASST CFO 0.50
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 $4,223,189 $632,869 $7,778,354 $3,590,320
2023 $1,854,138 $231,730 $4,048,380 $1,622,408
2022 $1,676,668 $903 $1,675,766 $1,675,765
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MICHAEL AND CHRISTINE FARAH FAMILY FNDTN with other nonprofits in California and across the country.