Civic Intelligence

Assad Abood Foundation Inc.

990 • Fiscal year 2017 • EIN 13-6121959

Jun 01, 2016 to May 31, 2017 • Filed on Dec 21, 2017

20600 Chagrin BoulevardCleveland, OH 44122

(216) 561-9200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-4.1%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

33rd percentile

-1.3%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-8.9%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,455,413

Down $19,152 (-1.3%) from 2016

Net Assets

Down

$1,432,266

Down $19,114 (-1.3%) from 2016

Liabilities

Down

$23,147

Down $38 (-0.2%) from 2016

Revenue

Down

$466,111

Down $45,804 (-8.9%) from 2016

Expenses

Down

$485,225

Down $54,152 (-10%) from 2016

Net Income

Up

-$19,114

Up $8,348 (+30%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $476,017Liabilities 2011: $66,509Net Assets 2011: $409,5082011Assets 2012: $459,328Liabilities 2012: $66,327Net Assets 2012: $393,0012012Assets 2013: $437,685Liabilities 2013: $48,677Net Assets 2013: $389,0082013Assets 2014: $426,589Liabilities 2014: -$12,073Net Assets 2014: $438,6622014Assets 2015: $349,617Liabilities 2015: $0Net Assets 2015: $349,6172015Assets 2016: $1,474,565Liabilities 2016: $23,185Net Assets 2016: $1,451,3802016Assets 2017: $1,455,413Liabilities 2017: $23,147Net Assets 2017: $1,432,2662017Assets 2018: $539,751Liabilities 2018: $2,814Net Assets 2018: $536,9372018Assets 2019: $513,776Liabilities 2019: $111,107Net Assets 2019: $402,6692019Assets 2020: $521,778Liabilities 2020: $242,961Net Assets 2020: $278,8172020Assets 2021: $640,333Liabilities 2021: $249,212Net Assets 2021: $391,1212021Assets 2022: $563,972Liabilities 2022: $227,212Net Assets 2022: $336,7602022Assets 2023: $555,634Liabilities 2023: $227,212Net Assets 2023: $328,4222023Assets 2024: $708,054Liabilities 2024: $0Net Assets 2024: $708,0542024Assets 2025: $778,768Liabilities 2025: $0Net Assets 2025: $778,7682025

Highlighted filing

2017

Assets$1,455,413
Liabilities$23,147
Net Assets$1,432,266

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $346,577Expenses 2011: $379,481Net Income 2011: -$32,9042011Revenue 2012: $328,486Expenses 2012: $344,993Net Income 2012: -$16,5072012Revenue 2013: $463,621Expenses 2013: $467,614Net Income 2013: -$3,9932013Revenue 2014: $524,110Expenses 2014: $474,456Net Income 2014: $49,6542014Revenue 2015: $434,535Expenses 2015: $523,580Net Income 2015: -$89,0452015Revenue 2016: $511,915Expenses 2016: $539,377Net Income 2016: -$27,4622016Revenue 2017: $466,111Expenses 2017: $485,225Net Income 2017: -$19,1142017Revenue 2018: $783,077Expenses 2018: $504,139Net Income 2018: $278,9382018Revenue 2019: $401,392Expenses 2019: $483,973Net Income 2019: -$82,5812019Revenue 2020: $231,262Expenses 2020: $286,104Net Income 2020: -$54,8422020Revenue 2021: $240,486Expenses 2021: $290,459Net Income 2021: -$49,9732021Revenue 2022: $204,220Expenses 2022: $195,961Net Income 2022: $8,2592022Revenue 2023: $128,366Expenses 2023: $73,560Net Income 2023: $54,8062023Revenue 2024: $238,058Expenses 2024: $190,221Net Income 2024: $47,8372024Revenue 2025: $261,658Expenses 2025: $232,429Net Income 2025: $29,2292025

Highlighted filing

2017

Revenue$466,111
Expenses$485,225
Net Income-$19,114
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Dec 21, 2017
Return Version
2016v3.0
Gross Receipts
$637,879
Mission and Program Overview

Mission

The mission of the assad abood foundation inc is to give financial aid, assistance & support to the assad abood public school in aitaneet, lebanon with the goal of ultimately providing tuition-free education for the village of aitaneet & surrounding villages. The foundation hopes that those helped by it will give back to the school to perpetuate the work of the foundation.

The assad abood foundation inc is an organization committed to providing financial support to the assad abood public school in aitaneet, lebanon

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$229,663$246,156▲ $16,493
Land, Buildings, and Equipment, Net$71,063$60,960▼ $10,103
Investments Other Securities$19,432$21,396▲ $1,964
Cash and Non-Interest-Bearing Accounts$136,127$17,821▼ $118,306
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,474,565$1,455,413▼ $19,152
Other Assets Total$1,018,280$1,109,080▲ $90,800
Liabilities
Unsecured Notes Loans Payable$23,185$23,147▼ $38
Total Liabilities$23,185$23,147▼ $38
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,018,280$1,109,078▲ $90,798
Unrestricted Net Assets$433,100$323,188▼ $109,912
Total Net Assets Fund Balance$1,451,380$1,432,266▼ $19,114
Total Liabilities and Net Assets / Fund Balance$1,474,565$1,455,413▼ $19,152

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,554$137,910$151,464
Leasehold Improvements$40,338$93,120$133,458
Buildings-$101,079$101,079
Land$7,068-$7,068
Other Assets Org$2--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,018,280-▲ $148,395$57,597$1,109,078
2015$1,129,226-▼ $55,016$55,930$1,018,280
2014$1,129,752-▲ $42,019$42,545$1,129,226
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nassib AbboudPresident & CEO
Tony DaherVice President
Aj MaghesDirector
Amy SergoDirector
Carl NahraDirector
Charles NajmDirector
Dr Wayne DaumDirector
Lisa MlynekDirector
Madeleine IskanderDirector
Maroun DaherDirector
Maurice AboodDirector
Michael DebsDirector
Roger AboodDirector
Tania NemerSecretary
Keith AboodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,246
Program Service Revenue
$272,848
Investment Income
$174,017
Other Revenue
$0
All Other Contributions
$19,246
Change in Net Assets
$-19,114
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$382,804
Other Expenses$102,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$349,098--$349,098
Payroll Taxes$33,706--$33,706
Occupancy$23,635--$23,635
Fees for Service Investment Mgmnt Fees-$13,835-$13,835
Depreciation Depletion$10,102--$10,102
Travel$5,918--$5,918
Insurance$5,059--$5,059
Fees for Services Accounting-$4,313-$4,313
Fees for Services Legal-$2,401-$2,401
Other Expenses$597$1,918-$597
Total Functional Expenses$462,758$22,467$0$485,225
International Activity

International Summary

Offices
1
Spending
$462,758

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
LebanonOperation of School-10$462,758
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Assad Abood Foundation Inc
EIN
13-6121959
Phone
2165619200
Address
20600 CHAGRIN BOULEVARD, CLEVELAND, OH 44122

Signing Officer

Name
Keith Abood
Title
Treasurer
Signed
2017-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Daum
Formed
1949
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Dingus & Daga Inc
Address
20600 Chagrin Blvd Ste 701, Cleveland, OH 44122
Preparer
Debra Rush
Phone
2165619200
Raw XML AppendixShowing 400 of 560 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ASSAD ABOOD FOUNDATION INC IS AN ORGANIZATION COMMITTED TO PROVIDING FINANCIAL SUPPORT TO THE ASSAD ABOOD PUBLIC SCHOOL IN AITANEET, LEBANON
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt019246
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DINGUS AND DAGA INC
IRS990/BooksInCareOfDetail/PhoneNum02165619200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020600 Chagrin Blvd 701
IRS990/BooksInCareOfDetail/USAddress/CityNm0cleveland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044122
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0136127
IRS990/CashNonInterestBearingGrp/EOYAmt017821
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt019246
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0174017
IRS990/CYOtherExpensesAmt0102421
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0272848
IRS990/CYRevenuesLessExpensesAmt0-19114
IRS990/CYSalariesCompEmpBnftPaidAmt0382804
IRS990/CYTotalExpensesAmt0485225
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0466111
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010102
IRS990/DepreciationDepletionGrp/TotalAmt010102
IRS990/Desc0LEBANON - OPERATION OF PRIMARY & SECONDARY PUBLIC SCHOOL
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0462758
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04313
IRS990/FeesForServicesAccountingGrp/TotalAmt04313
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02401
IRS990/FeesForServicesLegalGrp/TotalAmt02401
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt013835
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt013835
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0true
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0NASSIB ABBOUD
IRS990/Form990PartVIISectionAGrp/PersonNm1TONY DAHER
IRS990/Form990PartVIISectionAGrp/PersonNm2KEITH ABOOD
IRS990/Form990PartVIISectionAGrp/PersonNm3TANIA NEMER
IRS990/Form990PartVIISectionAGrp/PersonNm4MAURICE ABOOD
IRS990/Form990PartVIISectionAGrp/PersonNm5ROGER ABOOD
IRS990/Form990PartVIISectionAGrp/PersonNm6MAROUN DAHER
IRS990/Form990PartVIISectionAGrp/PersonNm7DR WAYNE DAUM
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL DEBS
IRS990/Form990PartVIISectionAGrp/PersonNm9MADELEINE ISKANDER
IRS990/Form990PartVIISectionAGrp/PersonNm10AJ MAGHES
IRS990/Form990PartVIISectionAGrp/PersonNm11LISA MLYNEK
IRS990/Form990PartVIISectionAGrp/PersonNm12CARL NAHRA
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLES NAJM
IRS990/Form990PartVIISectionAGrp/PersonNm14AMY SERGO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0137
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0171905
IRS990/GrossReceiptsAmt0637879
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt05059
IRS990/InsuranceGrp/TotalAmt05059
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0173880
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0173880
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt019432
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt021396
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0229663
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0246156
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0332109
IRS990/LandBldgEquipBasisNetGrp/BOYAmt071063
IRS990/LandBldgEquipBasisNetGrp/EOYAmt060960
IRS990/LandBldgEquipCostOrOtherBssAmt0393069
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0171768
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ASSAD ABOOD FOUNDATION INC IS TO GIVE FINANCIAL AID, ASSISTANCE & SUPPORT TO THE ASSAD ABOOD PUBLIC SCHOOL IN AITANEET, LEBANON WITH THE GOAL OF ULTIMATELY PROVIDING TUITION-FREE EDUCATION FOR THE VILLAGE OF AITANEET & SURROUNDING VILLAGES. THE FOUNDATION HOPES THAT THOSE HELPED BY IT WILL GIVE BACK TO THE SCHOOL TO PERPETUATE THE WORK OF THE FOUNDATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01451380
IRS990/NetAssetsOrFundBalancesEOYAmt01432266
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0137
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0137
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt023635
IRS990/OccupancyGrp/TotalAmt023635
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01018280
IRS990/OtherAssetsTotalGrp/EOYAmt01109080
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND UNIFORMS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01918
IRS990/OtherExpensesGrp/ProgramServicesAmt028645
IRS990/OtherExpensesGrp/ProgramServicesAmt13608
IRS990/OtherExpensesGrp/ProgramServicesAmt22390
IRS990/OtherExpensesGrp/ProgramServicesAmt3597
IRS990/OtherExpensesGrp/TotalAmt028645
IRS990/OtherExpensesGrp/TotalAmt15526
IRS990/OtherExpensesGrp/TotalAmt22390
IRS990/OtherExpensesGrp/TotalAmt3597
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0349098
IRS990/OtherSalariesAndWagesGrp/TotalAmt0349098
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt033706
IRS990/PayrollTaxesGrp/TotalAmt033706
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01018280
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01109078
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0WAYNE DAUM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION,REGISTRATION,SUPP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0272848
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0272848
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0201140
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-45691
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0156133
IRS990/PYProgramServiceRevenueAmt0356466
IRS990/PYRevenuesLessExpensesAmt0-27462
IRS990/PYSalariesCompEmpBnftPaidAmt0383244
IRS990/PYTotalExpensesAmt0539377
IRS990/PYTotalRevenueAmt0511915
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-19114
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019246
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0195140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0242911
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0194509
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0694351
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt029659
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032128
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt036537
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt098324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0272848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0356466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0355453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0271912
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0250056
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01506735
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029659
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032128
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036537
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0126667
IRS990ScheduleA/InvestmentIncomeCYPct00.05440
IRS990ScheduleA/InvestmentIncomePYPct00.04870
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt09287
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt019056
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt028343
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94560
IRS990ScheduleA/PublicSupportPY509Pct00.95130
IRS990ScheduleA/PublicSupportTotal509Amt02201086
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0292094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0551606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0397998
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0514823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0444565
IRS990ScheduleA/Total509Grp/TotalAmt02201086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0321753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0583734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0434535

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$0.26$0.23$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.24$0.19$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.23$0.33$0.13$0.07$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.23$0.34$0.20$0.20$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.25$0.39$0.24$0.29$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.24$0.28$0.23$0.29$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.11$0.40$0.40$0.48$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.78$0.50$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.43$0.47$0.49$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.47$0.02$1.45$0.51$0.54$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.43$0.52$0.09
2014Summary only. Only limited summary data is available for this year.$0.43$0.01$0.44$0.52$0.47$0.05
2013Summary only. Only limited summary data is available for this year.$0.44$0.05$0.39$0.46$0.47$0.00
2012Summary only. Only limited summary data is available for this year.$0.46$0.07$0.39$0.33$0.34$0.02
2011Summary only. Only limited summary data is available for this year.$0.48$0.07$0.41$0.35$0.38$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits