THE HUMAN GROWTH PROJECT

EIN: 921344087 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$950,873
Total Expenses
$309,638
Total Assets
$17,903,690
Net Assets
$17,884,690
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NY
Principal Officer
DR ALI RASHAN
Phone
9179680044
Tax Period
2023-01-01 to 2023-12-31

THE HUMAN GROWTH PROJECT, founded in 2022, is a small nonprofit in the Health Care sector that reported $951K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $641K, a strong 67% operating margin.

Mission

THE CORPORATION'S PURPOSE IS TO USE RESEARCH AND TECHNOLOGY DATA TO EDUCATE PRACTITIONERS AND THE PUBLIC TO IMPROVE HEALTHCARE. THIS WILL BE ACCOMPLISHED UTILIZING DIGITAL DATA TO PROVIDE MORE PRECISE PATIENT CARE AND TRAINING TO MEDICAL PROFESSIONALS. INDEPENDENT CONTRACTORS WILL BE HIRED TO ANALYZE ELECTRONIC DATA BASES AND DOCUMENT THEIR FINDINGS AND PRESENT IT TO THE PUBLIC AND TO TRAIN MEDICAL PROFESSIONALS. THE CORPORATION WILL ALSO PROVIDE SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS WITH MEDICAL PROGRAMS AS WELL AS PROFESSIONALS IN THE MEDICAL FIELD. THE CORPORATION WILL CARRY OUT THESE ACTIVITIES AND ITS OPERATIONS THROUGH FUNDING FROM GIFTS AND CONTRIBUTIONS FROM INDIVIDUALS,PRIVATE CORPORATIONS, AND GOVERNMENTAL GRANTS. THE PUBLISHING OF PUBLIC HEALTH DATA WILL ALLOW THE PUBLIC TO LIVE HEALTHIER LIVES AND TRAINED DOCTORS WILL LEAD TO BETTER PATIENT CARE.

Program Service Accomplishments

Program 1
Expenses: $193,248 Revenue: $0

IN FURTHERANCE OF ITS CHARITABLE AND EDUCATIONAL MISSION, THE CORPORATION'S PRIMARY ACTIVITIES WILL INCLUDE (I) RESERACH AND REVIEW PUBLICLY AVAILABLE INFORMATION UTILIZING DATA ANALYTICS TO IMPROVE...

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IN FURTHERANCE OF ITS CHARITABLE AND EDUCATIONAL MISSION, THE CORPORATION'S PRIMARY ACTIVITIES WILL INCLUDE (I) RESERACH AND REVIEW PUBLICLY AVAILABLE INFORMATION UTILIZING DATA ANALYTICS TO IMPROVE HEALTHCARE (II) THE CREATION OF ORIGINAL EDUCATIONAL MATERIALS, RESOURCES AND PROGRAMMING, (III) HOSTING OF WEBSITE INFORMATION,EDUCATIONAL LECTURES,FORUMS,PANELS AND CONFERENCES AND (III) ACTIVE OUTREACH TO AND SUPPORT OF INDIVIDUALS IN THE MEDICAL PROFESSION WHO ARE LIKELY TO BENEFIT FROM SUCH EDUCATIONAL OPPURTUNITIES. THE CORPORATION SEEKS TOEDUCATE DOCTORS AND MEDICAL PROFESSIONALS FOR THE PURPOSE OF IMPROVING THEIR PERFORMANCE AND ENRICHING LEADERSHIP CAPABILITIES. THE CORPORATION WILL ALSO PROVIDE FINANCIAL SUPPORT TO EDUCATIONAL INSTITUTIONS WITH ESTABLISHED MEDICAL TRAINING PROGRAMS AS WELL AS TO INDIVIDUALS THAT ARE PURSUING A CAREER IN THE MEDICAL PROFESSION.

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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 $800,400
Program Service Revenue $0
Investment Income $150,473
Other Revenue $0
TOTAL REVENUE $950,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,305
Fundraising Expenses $0
Program Expenses $193,248
Other Expenses $37,333
TOTAL EXPENSES $309,638

Year-over-Year Comparison

2023 2022 Change
Revenue $950,873 $16,550,234 -0.9%
Expenses $309,638 N/A N/A
Net Income $641,235 $16,550,234 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
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
3
$149,844
Total Directors
3
$149,844
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ALI RASHAN PRESIDENT 4.00
Officer Director
$57,692 $3,692 $61,384
BERNIE RICHARD TREASURER 4.00
Officer Director
$45,844 $831 $46,675
JESSICA ZHOU SECRETARY 4.00
Officer Director
$40,385 $1,400 $41,785
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 No data No data No data No data
2023 $950,873 $309,638 $17,903,690 $641,235
2022 $16,550,234 No data $16,550,234 No data
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