ASSYRIAN FOUNDATION OF AMERICA (EIN 946130840) - Form 990 Financial Analysis & Trantor Score

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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

1964

Principal Officer

SHADRAK SHABBAS

Phone

6506546907

Tax Period

2023-01-01 to 2023-12-31

ASSYRIAN FOUNDATION OF AMERICA, founded in 1964, is a small nonprofit that reported $297K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $116K, a strong 39% operating margin.

Mission

HELP NEEDY ASSYRIANS AROUND THE WORLD; SUPPORT ASSYRIAN EDUCATION BY GRANTING FINANCIAL ASSISTANCE TO QUALIFYING ASSYRIAN STUDENTS, AND PRESERVE AND PROMOTE THE ASSYRIAN LANGUAGE AND CULTURE.

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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 $42,770

Program Service Revenue $40,380

Investment Income $18,673

Other Revenue $194,897

TOTAL REVENUE $296,720

Expense Breakdown

Grants Paid $120,650

Salaries & Benefits $0

Fundraising Expenses $13,513

Program Expenses $155,785

Other Expenses $60,240

TOTAL EXPENSES $180,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$296,720	$258,778	+0.1%
Expenses	$180,890	$168,793	+0.1%
Net Income	$115,830	$89,985	+0.3%

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
JACKLINE YELDA	Secretary	5.00	Officer	$0	$0	$0
ANNIE ELIAS	Vice President	5.00	Officer	$0	$0	$0
SHADRAK SHABBAS	President	10.00	Officer	$0	$0	$0
SHADRAK SHABBAS	Treasurer	5.00	Officer	$0	$0	$0
RAMIN DANIELS	MEMBERSHIP	5.00	Officer	$0	$0	$0
JACK CHAHRBAKHSHI	EDUCATION & CUL	5.00	Officer	$0	$0	$0
ROBERT KAROUKAIN	WELFARE CHAIR	3.00	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	No data	No data	No data	No data
2023	$296,720	$180,890	$2,724,069	$115,830
2022	$258,778	$168,793	$2,533,450	$89,985
2021	$297,133	$136,326	$2,505,846	$160,807
2020	$267,174	$134,717	$2,367,781	$132,457
2019	$304,276	$194,822	$2,279,444	$109,454
2018	$295,264	$157,842	$2,234,031	$137,422

ASSYRIAN FOUNDATION OF AMERICA