FARIBORZ FRED MATLOOB FOUNDATION

EIN: 954305558 501(c)(3) Unknown

SHERMAND OAKS, CA

Total Revenue
$106,990
Total Expenses
$136,066
Total Assets
$357,102
Net Assets
$357,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
CA
Principal Officer
JOSEPH GABBAIAN
Phone
3108010676
Tax Period
2023-01-01 to 2023-12-31

FARIBORZ FRED MATLOOB FOUNDATION, founded in 1989, is a small nonprofit in the Unknown sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 222% from the prior year, signaling strong growth momentum. Expenses of $136K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE ORGANIZATION HAS RAISED FUNDS AND MADE CONTRIBUTIONS TO VARIOUS CHARITIES SUCH AS CHAI LIFELINE AND THE AMERICAN FRIENDS OF THE JAFFA INSTITUTE.

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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 $94,532
Program Service Revenue $0
Investment Income $12,458
Other Revenue $0
TOTAL REVENUE $106,990

Expense Breakdown

Grants Paid $91,074
Salaries & Benefits $0
Fundraising Expenses $40,862
Program Expenses $91,074
Other Expenses $44,992
TOTAL EXPENSES $136,066

Year-over-Year Comparison

2023 2022 Change
Revenue $106,990 $33,258 +2.2%
Expenses $136,066 $34,378 +3.0%
Net Income $-29,076 $-1,120 +25.0%
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

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
20
Independent Members
20
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH GABBAIAN PRESIDENT 1.00
Director
$0 $0 $0
BADRY KHALILI BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MATLOOB BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE ESHAGHIAN BOARD MEMBER 1.00
Director
$0 $0 $0
ESTER NAEIM BOARD MEMBER 1.00
Director
$0 $0 $0
LIDA EBRAHIMIAN BOARD MEMBER 1.00
Director
$0 $0 $0
NASSER MATLOOB BOARD MEMBER 1.00
Director
$0 $0 $0
ROSA PIRNAZAR BOARD MEMBER 1.00
Director
$0 $0 $0
ROSET BARCOHANA BOARD MEMBER 1.00
Director
$0 $0 $0
SAIID MATLOOB BOARD MEMBER 1.00
Director
$0 $0 $0
SIMA BARAVARIAN BOARD MEMBER 1.00
Director
$0 $0 $0
MANIJEH YOUMTOUBIAN BOARD MEMBER 1.00
Director
$0 $0 $0
MINOO MICHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ELHAM YAGHOBIAN BOARD MEMBER 1.00
Director
$0 $0 $0
NAHID SAHIMI BOARD MEMBER 1.00
Director
$0 $0 $0
GILDA KHALILI BOARD MEMBER 1.00
Director
$0 $0 $0
SHOLEH SHAMS SHAHBAZ BOARD MEMBER 1.00
Director
$0 $0 $0
FARZENEH JAVAHERI BOARD MEMBER 1.00
Director
$0 $0 $0
SABRINA HAKIM BOARD MEMBER 1.00
Director
$0 $0 $0
SIBLE SOROUDI BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $106,990 $136,066 $357,102 $-29,076
2022 $33,258 $34,378 $386,178 $-1,120
2021 $6,052 $37,548 $387,298 $-31,496
2020 $19,262 $45,474 $418,794 $-26,212
2019 $124,982 $65,441 $445,006 $59,541
2018 $68,568 $96,107 $385,465 $-27,539
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