ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT

EIN: 980211642 Unknown
Total Revenue
$420,366,824
Total Expenses
$30,770,978
Total Assets
$13,785,447,168
Net Assets
$13,522,236,650
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Principal Officer
IMAD YOUSEF ABUHUWAIL
Phone
6524959157
Tax Period
2024-01-01 to 2024-12-31

ARAB FUND FOR ECONOMIC AND SOCIAL DEVELOPMENT, founded in 1968, is a major nonprofit in the Unknown sector that reported $420.4M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $389.6M, a strong 93% operating margin.

Mission

TO CONTRIBUTE TO THE FINANCING OF ECONOMIC & SOCIAL DEVELOPMENT IN THE ARAB STATES. THE ORGANIZATION PROVIDES TECHNICAL ASSISTANCE GRANTS & SUPPORTS A FELLOWSHIP PRGRM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $241,382,892
Investment Income $160,727,154
Other Revenue $18,256,778
TOTAL REVENUE $420,366,824

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,077,909
Fundraising Expenses $0
Program Expenses $27,597,616
Other Expenses $10,693,069
TOTAL EXPENSES $30,770,978

Year-over-Year Comparison

2024 2023 Change
Revenue $420,366,824 $280,880,339 +0.5%
Expenses $30,770,978 $29,158,787 +0.1%
Net Income $389,595,846 $251,721,552 +0.5%
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

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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
8
Independent Members
8
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
11
$2,318,053
Total Directors
9
$290,499
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AVELINO DIAS EXECUTIVE ADMINISTRATIVE 35.0
Highest
$960,812 $7,972 $968,784
EMAD AL ATTAR SENIOR ENGINEER 35.0
Highest
$833,064 $14,748 $847,812
SAYED BASHEER SENIOR ADMINISTRATIVE SPECIALI 35.0
Highest
$801,980 $32,229 $834,209
HATEM ABU LOGHOUD SENIOR FINANCIAL ANALYST 35.0
Highest
$724,682 $40,863 $765,545
BADER M A AL SAAD CHAIRMAN/DIRECTOR GENERAL 40.0
Officer
$513,514 $78,334 $591,848
METHQAL M ALI SARTAWI CHAIRMAN CONSULTANT 35.0
Highest
$233,728 $2,513 $236,241
MERZA HASAN SENIOR ADVISOR 35.0
Officer
$213,199 $1,006 $214,205
ABDULLAH AL TAH HEAD OF LEGAL 35.0
Officer
$130,070 $53,192 $183,262
YOUSSEF ABDELAZIZ MOHIELDIN HEAD PROD.PROJ&SOCIAL DEV 35.0
Officer
$177,088 $5,385 $182,473
IMED BEN MINAOUER LIMAN DIRECTOR OPERATION DEPT. 35.0
Officer
$173,465 $8,067 $181,532
IMAD YOUSEF ABUHUWAIL DIRECTOR FINANCE DEPARTMENT 35.0
Officer
$163,804 $13,715 $177,519
ABDULKAREEM AL SAEED HEAD OF HQ BUILDING 35.0
Officer
$168,879 $3,474 $172,353
MOHAMMAD A A ALMERSHED DIRECTOR OF ADMINISTRATION 35.0
Officer
$165,558 $4,739 $170,297
KHALED MESHARI AHAMADAH INVESTMENT OFFICER 35.0
Officer
$121,617 $45,922 $167,539
BASMAH A BOUQAMMAZ HEAD ALTERNATIVE INVESTMENT 35.0
Officer
$121,851 $20,297 $142,148
MAMDOUH AMIN HEAD OF GENERAL ACCOUNTS SEC 35.0
Officer
$103,969 $30,908 $134,877
FAHAD BIN IBRAHIM AL SHETHRI DIRECTOR 1.0
Director
$45,000 $0 $45,000
MUSLIM BIN ALI COTTON DIRECTOR 1.0
Director
$43,000 $0 $43,000
ABDULRAHMAN KEIDI DIRECTOR 1.0
Director
$35,500 $0 $35,500
GHADEER HEJAZI DIRECTOR 1.0
Director
$33,000 $0 $33,000
WALEED ALBAHAR DIRECTOR 1.0
Director
$33,000 $0 $33,000
MARYAM AK AMEERI DIRECTOR 1.0
Director
$33,000 $0 $33,000
FOUZI LAKJAA DIRECTOR 1.0
Director
$30,000 $0 $30,000
TAREQ MOHAMED YOUSEF BEN KHAL DIRECTOR (UNTIL AUGUST 2024) 1.0
Director
$27,032 $0 $27,032
AHMAD GANI DIRECTOR 1.0
Director
$10,967 $0 $10,967
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 $420,366,824 $30,770,978 $13,785,447,168 $389,595,846
2023 $280,880,339 $29,158,787 $13,515,895,011 $251,721,552
2022 $271,203,579 $27,370,110 $13,113,822,041 $243,833,469
2021 $432,470,193 $32,390,841 $13,316,207,638 $400,079,352
2020 $213,225,594 $33,594,987 $12,941,375,330 $179,630,607
2019 $376,049,505 $35,158,416 $12,640,940,594 $340,891,089
2018 $83,221,764 $30,450,123 $12,172,412,201 $52,771,641