Civic Intelligence

The Hammoud Foundation

990PF • Fiscal year 2022 • EIN 38-3336881

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 20, 2023

18800 Hubbard Dr Ste 200Dearborn, MI 48126

(313) 240-9867

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

0.00x

Higher debt load relative to revenue than 30% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Net Margin

91st percentile

68%

Higher net margin than 91% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • $1M-$5M nonprofits • Source year 2022

Asset Growth

6th percentile

-23%

Faster asset growth than 6% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-11%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,676,590

Down $1,117,720 (-23%) from 2021

Net Assets

Down

$3,676,590

Down $987,720 (-21%) from 2021

Liabilities

Down

$1

Down $129,999 (-100%) from 2021

Revenue

Down

$286,592

Down $35,598 (-11%) from 2021

Expenses

Down

$92,119

Down $41,799 (-31%) from 2021

Net Income

Up

$194,473

Up $6,201 (+3.3%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $649,483Liabilities 2010: $0Net Assets 2010: $649,4832010Assets 2011: $1,357,053Liabilities 2011: $0Net Assets 2011: $1,357,0532011Assets 2012: $1,453,074Liabilities 2012: $0Net Assets 2012: $1,453,0742012Assets 2013: $1,651,031Liabilities 2013: $0Net Assets 2013: $1,651,0312013Assets 2014: $1,809,749Liabilities 2014: $0Net Assets 2014: $1,809,7492014Assets 2015: $1,951,873Liabilities 2015: $0Net Assets 2015: $1,951,8732015Assets 2016: $1,724,633Liabilities 2016: $0Net Assets 2016: $1,724,6332016Assets 2017: $2,586,270Liabilities 2017: $0Net Assets 2017: $2,586,2702017Assets 2018: $2,461,500Liabilities 2018: $0Net Assets 2018: $2,461,5002018Assets 2019: $2,753,583Liabilities 2019: $55,000Net Assets 2019: $2,698,5832019Assets 2020: $4,448,553Liabilities 2020: $0Net Assets 2020: $4,448,5532020Assets 2021: $4,794,310Liabilities 2021: $130,000Net Assets 2021: $4,664,3102021Assets 2022: $3,676,590Liabilities 2022: $1Net Assets 2022: $3,676,5902022Assets 2023: $4,518,403Liabilities 2023: $0Net Assets 2023: $4,518,4032023Assets 2024: $5,952,018Liabilities 2024: $0Net Assets 2024: $5,952,0182024

Highlighted filing

2022

Assets$3,676,590
Liabilities$1
Net Assets$3,676,590

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $6,3252010Expenses 2011: $65,8692011Expenses 2012: $31,0172012Revenue 2013: $239,264Expenses 2013: $41,307Net Income 2013: $197,9572013Revenue 2014: $204,376Expenses 2014: $45,658Net Income 2014: $158,7182014Revenue 2015: $226,799Expenses 2015: $84,675Net Income 2015: $142,1242015Revenue 2016: -$127,730Expenses 2016: $99,510Net Income 2016: -$227,2402016Revenue 2017: $167,874Expenses 2017: $141,509Net Income 2017: $26,3652017Revenue 2018: $188,896Expenses 2018: $93,233Net Income 2018: $95,6632018Revenue 2019: $219,593Expenses 2019: $134,970Net Income 2019: $84,6232019Revenue 2020: $15,013Expenses 2020: $69,776Net Income 2020: -$54,7632020Revenue 2021: $322,190Expenses 2021: $133,918Net Income 2021: $188,2722021Revenue 2022: $286,592Expenses 2022: $92,119Net Income 2022: $194,4732022Revenue 2023: $333,631Expenses 2023: $23,756Net Income 2023: $309,8752023Revenue 2024: $324,567Expenses 2024: $63,048Net Income 2024: $261,5192024

Highlighted filing

2022

Revenue$286,592
Expenses$92,119
Net Income$194,473
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 20, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YASSER T HAMMOUDPresident-$0--
SUSAN HAMMOUDVice President-$0--
TAYSIR HAMMOUDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Hammoud Foundation
EIN
38-3336881
Address
18800 HUBBARD DR STE 200, DEARBORN, MI 48126

Signing Officer

Name
Yasser Hammoud
Title
President
Phone
3132409867
Signed
2023-04-20
Discuss with paid preparer
Yes

Preparer

Firm
Warren Valley Accountants
Address
26169 W WARREN ST, DEARBORN HEIGHTS, MI 48127
Preparer
Housam Deeb
Phone
3137577831
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1125450 OLD HUNDRED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt121401 PRESQUE ISLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1339126 VAN DYKE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2DEARBORN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3DEARBORN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4MEMPHIS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5EAST LANSING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6ANN ARBOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm7LIVONIA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm8TALLAHASSEE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm9DURHAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm10DEARBORN HEIGHTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm11DICKERSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm12MARQUETTE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm13STERLING HEIGHTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1MI
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4TN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd7MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd8FL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd9NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd10MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd11MD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd12MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd13MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd048202
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd148128
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd248128
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd348128
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd438105
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd548824
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd648109
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd748152
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd832306
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd927701
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1048127
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1120842
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1249855
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1348313
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt066808
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt050322
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt069566
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt079818
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt088855
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0121230
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0121230
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0355369
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt066808
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt050322
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt069566
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt079818
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt088855
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt066808
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt066808
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0476599
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0409791
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0HAMMOUD FAMILY LLC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt018800 HUBBARD DRIVE STE 200
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0DEARBORN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0MI
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd048126
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0250000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt0250000
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc0STOCK SHARE CONTRIBUTION
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02022-12-31
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherDecreasesSchedule/OtherDecreasesDetail/Amt01182193
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0ERROR CORRECTION
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EMA ANNUAL FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1ADVISORY FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2CISCO SYSTEMS
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt124643
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2518
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YASSER HAMMOUD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03132409867
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE HAMMOUD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HAMM
ReturnHeader/Filer/EIN0383336881
ReturnHeader/Filer/USAddress/AddressLine1Txt018800 HUBBARD DR STE 200
ReturnHeader/Filer/USAddress/CityNm0DEARBORN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048126
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471157054
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARREN VALLEY ACCOUNTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026169 W WARREN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEARBORN HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048127
ReturnHeader/PreparerPersonGrp/PhoneNum03137577831
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOUSAM DEEB
ReturnHeader/ReturnTs02023-05-13T01:02:34-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YASSER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAMMOUD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.95$0.00$5.95$0.32$0.06$0.26
2023Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$0.33$0.02$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.29$0.09$0.19
2021Detailed filing. Detailed filing data is available for this year.$4.79$0.13$4.66$0.32$0.13$0.19
2020Detailed filing. Detailed filing data is available for this year.$4.45$0.00$4.45$0.02$0.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.06$2.70$0.22$0.13$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.19$0.09$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.17$0.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.13$0.10$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.23$0.08$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.20$0.05$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.24$0.04$0.20
2012Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.03
2011Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.07
2010Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.01