Civic Intelligence

The Citizens Foundation USA

EIN 41-2046295 • 501(c)3 • Houston, TX

Profile

Tcf-usa provides quality education for underprivileged children in pakistan. The goal is to build civil society and promote gender equality. An all-female faculty encourages parents to enroll their girls, while simultaneously creating employment opportunities as teachers and principals for thousands of women. Tcf graduates are provided support for college and vocational training.

2900 Wilcrest Dr 225Houston, TX 77042

www.tcfusa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

57th percentile

7.7%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,144,565

Up $1,947,980 (+27%) from 2023

Liabilities

Up

$380,372

Up $244,586 (+180%) from 2023

Net Assets

Up

$8,764,193

Up $1,703,394 (+24%) from 2023

Revenue

Up

$21,703,144

Up $3,399,779 (+19%) from 2023

Expenses

Up

$20,041,260

Up $2,086,936 (+12%) from 2023

Net Income

Up

$1,661,884

Up $1,312,843 (+376%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $3,057,364Liabilities 2011: $15,785Net Assets 2011: $3,041,5792011Assets 2012: $3,775,771Liabilities 2012: $30,125Net Assets 2012: $3,745,6462012Assets 2013: $4,014,664Liabilities 2013: $9,366Net Assets 2013: $4,005,2982013Assets 2014: $4,531,976Liabilities 2014: $43,718Net Assets 2014: $4,488,2582014Assets 2015: $4,114,469Liabilities 2015: $8,454Net Assets 2015: $4,106,0152015Assets 2016: $3,724,719Liabilities 2016: $12,397Net Assets 2016: $3,712,3222016Assets 2017: $3,078,685Liabilities 2017: $44,019Net Assets 2017: $3,034,6662017Assets 2018: $3,629,197Liabilities 2018: $16,135Net Assets 2018: $3,613,0622018Assets 2019: $4,042,267Liabilities 2019: $35,802Net Assets 2019: $4,006,4652019Assets 2020: $6,662,711Liabilities 2020: $177,546Net Assets 2020: $6,485,1652020Assets 2021: $7,765,514Liabilities 2021: $155,124Net Assets 2021: $7,610,3902021Assets 2022: $6,751,837Liabilities 2022: $95,313Net Assets 2022: $6,656,5242022Assets 2023: $7,196,585Liabilities 2023: $135,786Net Assets 2023: $7,060,7992023Assets 2024: $9,144,565Liabilities 2024: $380,372Net Assets 2024: $8,764,1932024

Highlighted filing

2024

Assets$9,144,565
Liabilities$380,372
Net Assets$8,764,193

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $3,480,615Expenses 2011: $3,963,270Net Income 2011: -$482,6552011Revenue 2012: $4,783,610Expenses 2012: $4,079,543Net Income 2012: $704,0672012Revenue 2013: $5,271,026Expenses 2013: $5,011,374Net Income 2013: $259,6522013Revenue 2014: $7,319,746Expenses 2014: $6,856,110Net Income 2014: $463,6362014Revenue 2015: $6,714,909Expenses 2015: $7,203,167Net Income 2015: -$488,2582015Revenue 2016: $8,590,531Expenses 2016: $9,005,147Net Income 2016: -$414,6162016Revenue 2017: $8,471,500Expenses 2017: $9,153,414Net Income 2017: -$681,9142017Revenue 2018: $10,112,573Expenses 2018: $9,464,507Net Income 2018: $648,0662018Revenue 2019: $11,111,367Expenses 2019: $10,779,939Net Income 2019: $331,4282019Revenue 2020: $15,155,393Expenses 2020: $12,719,485Net Income 2020: $2,435,9082020Revenue 2021: $19,916,524Expenses 2021: $18,791,754Net Income 2021: $1,124,7702021Revenue 2022: $20,690,557Expenses 2022: $21,554,327Net Income 2022: -$863,7702022Revenue 2023: $18,303,365Expenses 2023: $17,954,324Net Income 2023: $349,0412023Revenue 2024: $21,703,144Expenses 2024: $20,041,260Net Income 2024: $1,661,8842024

Highlighted filing

2024

Revenue$21,703,144
Expenses$20,041,260
Net Income$1,661,884

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.14$0.38$8.76$21.7$20.0$1.66
2023Detailed filing. Detailed filing data is available for this year.$7.20$0.14$7.06$18.3$18.0$0.35
2022Detailed filing. Detailed filing data is available for this year.$6.75$0.10$6.66$20.7$21.6$0.86
2021Detailed filing. Detailed filing data is available for this year.$7.77$0.16$7.61$19.9$18.8$1.12
2020Detailed filing. Detailed filing data is available for this year.$6.66$0.18$6.49$15.2$12.7$2.44
2019Detailed filing. Detailed filing data is available for this year.$4.04$0.04$4.01$11.1$10.8$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.63$0.02$3.61$10.1$9.46$0.65
2017Detailed filing. Detailed filing data is available for this year.$3.08$0.04$3.03$8.47$9.15$0.68
2016Detailed filing. Detailed filing data is available for this year.$3.72$0.01$3.71$8.59$9.01$0.41
2015Detailed filing. Detailed filing data is available for this year.$4.11$0.01$4.11$6.71$7.20$0.49
2014Summary only. Only limited summary data is available for this year.$4.53$0.04$4.49$7.32$6.86$0.46
2013Summary only. Only limited summary data is available for this year.$4.01$0.01$4.01$5.27$5.01$0.26
2012Summary only. Only limited summary data is available for this year.$3.78$0.03$3.75$4.78$4.08$0.70
2011Summary only. Only limited summary data is available for this year.$3.06$0.02$3.04$3.48$3.96$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.2
Gross Receipts
$22,819,470
Mission and Program Overview

Mission

Tcf-usa provides quality education for underprivileged children in pakistan. The goal is to build civil society and promote gender equality. An all-female faculty encourages parents to enroll their girls, while simultaneously creating employment opportunities as teachers and principals for thousands of women. Tcf graduates are provided support for college and vocational training.

Tcf, usa provides quality education for underprivileged children in pakistan. -see schedule o the goal is to build civil society and promote equality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$359,152$5,330,141▲ $4,970,989
Savings and Temporary Cash Investments$6,422,910$3,611,536▼ $2,811,374
Investments Other Securities$177,547--
Pledges and Grants Receivable$102,757$143,174▲ $40,417
Cash and Non-Interest-Bearing Accounts$124,052$57,415▼ $66,637
Land, Buildings, and Equipment, Net$2,135$1,621▼ $514
Total Assets$7,196,585$9,144,565▲ $1,947,980
Other Assets Total$8,032$678▼ $7,354
Liabilities
Accounts Payable and Accrued Expenses$135,786$380,372▲ $244,586
Total Liabilities$135,786$380,372▲ $244,586
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,399,702$5,213,711▼ $185,991
Net Assets With Donor Restrictions$1,661,097$3,550,482▲ $1,889,385
Total Net Assets Fund Balance$7,060,799$8,764,193▲ $1,703,394
Total Liabilities and Net Assets / Fund Balance$7,196,585$9,144,565▲ $1,947,980

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,621$30,784$32,405
Other Land Buildings$0$5,494$5,494

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$690,699-▲ $46,212-$736,911
2023$613,177-▲ $77,522-$690,699
2022$693,160-▼ $79,983-$613,177
2021$613,874-▲ $79,286-$693,160
2020$571,497-▲ $42,377-$613,874
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Syed Salman HasanCEOFT$153,600$153,600
Fakhia RashidCOO/director DevelopmentFT$119,620$119,620
Danial NooraniDIRECTOR OF DEVELOPMENT (THRU 06/24) "DIRECTOR" FOFT$40,808$40,808

Board Members and Trustees

NameTitle
Arif GafurPresident/director
Abdullah JafariDirector
Dr Adil NajamDirector
Ejaz a ShameemDirector
Haroon IsmailDirector
Jawaid EkramDirector
Kashmala SharifDirector
Masooma BhaiwalaDirector
Salman ZafarDirector
Sohaib AnswerDirector
Zohair RashidDirector
Shimmi KidwaiDirector (thru 09/24)
Haji Vali ModyDirector/secretary
Farri Faraz KhanTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$21,435,979
Program Service Revenue
$0
Investment Income
$267,165
Other Revenue
$0
All Other Contributions
$15,614,070
Change in Net Assets
$1,661,884

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded32$453,429Fair Market Value
Total Noncash Contributions32$453,429-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,703,144
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$71,885
Total Revenue per Audited Statements
$21,775,029
Total Revenue per Form 990
$21,703,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,599,621
Total Fundraising Expense$1,846,513
Other Expenses$1,242,537
Salaries, Compensation, and Employee Benefits$1,199,102
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$17,599,621--$17,599,621
Other Salaries and Wages$73,852$218,717$502,766$795,335
Advertising--$372,133$372,133
Current Officers, Directors, Trustees, and Key Employees$29,160$86,358$198,510$314,028
Office Expenses-$73,735$189,291$263,026
Fees for Services Other$7,521$13,745$77,417$98,683
Payroll Taxes$8,334$24,678$56,727$89,739
Information Technology-$7,847$44,464$52,311
Other Expenses-$2,452$48,877$51,329
Travel-$21,852$21,266$43,118
Conferences and Meetings-$15,219-$15,219
Insurance-$7,130$2,377$9,507
Occupancy-$2,593$136$2,729
Depreciation Depletion-$1,933-$1,933
Total Functional Expenses$17,718,488$476,259$1,846,513$20,041,260

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,071,635
Expenses per Audited Statements$20,041,260
Total Expenses per Form 990$20,041,260
Expenses Not Reported on Form 990$30,375
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
2
Employees
14
Spending
$18,103,630

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
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServicesBUILDING & OPERATING; SCHOOLS (KG-10); CONSTRUCTION, OPERATION, ENDOWMENTS19$17,599,621
North America - Canada and Mexico, But Not the United StatesCentral Office for Management and OperationsOperations Expenses15$504,009
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,116,326
Fundraising Gross Income$1,116,326
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$6,938,235$1,116,326$1,116,326$0
Total Events$6,938,235$1,116,326$1,116,326$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 6

The citizens foundation, usa has an independent board of governing body, see 990 part vii. The board elects one or more other qualified members from various sources. All decisions of the governing body are subject to approval by the majority of votes of the members in the board meetings.

Form 990, Part VI, Section A, Line 7A

The board shall by majority vote designate a governance & nominating committee of three or more members, comprising of at least two directors of the board. The governance & nominating committee shall submit a slate of candidates to the board for acceptance at a regular meeting of the board.

Form 990, Part VI, Section B, Line 11B

The completed form 990 is reviewed by the ceo, treasurer and finance & audit committee and circulated to board members prior to final submittal.

Form 990, Part VI, Section B, Line 12C

The citizens foundation has incorporated its conflict of interest policy in article 9 of its bylaws. The ceo monitors the compliance and enforcement of the policy by key employees, and the board president monitors and enforces compliance by the directors, in accordance with the bylaws.

Form 990, Part VI, Section B, Line 15

The citizens foundation, usa [tcf-usa] board reviews and approves the compensation for their ceo and other key employees. Tcf-usa uses non-profit industry salary benchmarking studies to establish compensations for all employees. They also keep contemporaneous documentation and recordkeeping with respect to deliberations regarding the compensation arrangements.

Form 990, Part VI, Section C, Line 19

The citizens foundation, usa [tcf-usa] makes available its governing documents, conflict of interest policy, and audited financial statements available to the public upon request at its corporate office.

Filing and Contact Details

Filer

Filer Name
The Citizens Foundation USA
EIN
41-2046295
Phone
9723755227
Address
2900 WILCREST DR 225, HOUSTON, TX 77042

Signing Officer

Name
Faraz Khan
Title
President
Phone
9723755227
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faraz Khan
Formed
2002
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
13
Volunteers
378

Preparer

Firm
Calvetti Ferguson
Address
250 W NOTTINGHAM DRIVE SUITE 100, SAN ANTONIO, TX 78209
Preparer
Kimiko Baca
Phone
2105363200
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

The citizens foundation, usa 2900 wilcrest dr., suite 225 houston, tx 77042 employer identification number: 41-2046295 for the year ending december 31, 2024 the citizens foundation, usa is making the de minimis safe harbor election under reg. Sec. 1.263 a)-1(f).

Form 990, Part I, Line 1

Tcf, usa provides quality education for underprivileged children in pakistan. The goal is to build civil society and promote equality.

Form 990, Part XII, Line 2C

The organization's process for assuming responsibility for oversight of the audit, review, or compilation of its financial statements and the selection of an independent auditor have not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The organization's endowment consists of investment funds established for supporting ongoing operations and maintenance of schools built in the area impacted by the 2005 earthquake in pakistan. Investment and spending policy. The organization has adopted investment policies, approved by the board of directors and audit and finance committee, for endowment assets. The organization will invest only in low-risk, conservative investment vehicles in order to maintain the purchasing power of current assets and future contributions in relation to cost increases and inflation and maximize return within reasonable and prudent levels of risk. Investment assets are invested in a well-diversified asset mix, which includes equity and debt securities that are managed by the organization's audit and finance committee to prevent exposing the fund to unacceptable levels of risk. With regards to returns on endowments, the organization has adopted a spending policy which will apply to all endowed funds unless a particular donor has otherwise stipulated spending restrictions. The organization will not spend returns from the endowment if it falls below the original endowment amount. Management, with approval from the audit and finance committee, has discretion over how and whether or not surplus returns are used.

PART X, LINE 2:

The organization applies the provisions of fasb asc topic 740, income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transition. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 649 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.

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IRS990/Desc0ANNUAL OPERATING EXPENSES OF SCHOOLS:IN 2024, TCF-USA PROVIDED OPERATIONAL SUPPORT FOR 534 TCF SCHOOLS. THIS SUPPORT ENABLED THE PROVISION OF QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN ACROSS PAKISTAN. OPERATIONAL EXPENSES COVERED THE EFFECTIVE FUNCTIONING OF SCHOOLS, INCLUDING SALARIES FOR PRINCIPALS, TRAINED TEACHERS, AND ADMINISTRATIVE STAFF. FUNDING ALSO SUPPORTED TRANSPORTATION SERVICES, PARTICULARLY FOR FEMALE TEACHERS, SERVING IN REMOTE AND UNDERSERVED AREAS. ADDITIONALLY, HIGHER EDUCATION SCHOLARSHIPS TOTALING $1.33 MILLION WERE AWARDED TO GRADUATING TCF STUDENTS TO ENABLE THEM TO PURSUE DEGREES IN VARIED FIELDS SUCH AS JOURNALISM, BUSINESS, ENGINEERING, MEDICINE AND HEALTH CARE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (THRU 09/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15COO/DIRECTOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF DEVELOPMENT (THRU 06/24) "DIRECTOR" FO
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IRS990/MissionDesc0TCF-USA PROVIDES QUALITY EDUCATION FOR UNDERPRIVILEGED CHILDREN IN PAKISTAN. THE GOAL IS TO BUILD CIVIL SOCIETY AND PROMOTE GENDER EQUALITY. AN ALL-FEMALE FACULTY ENCOURAGES PARENTS TO ENROLL THEIR GIRLS, WHILE SIMULTANEOUSLY CREATING EMPLOYMENT OPPORTUNITIES AS TEACHERS AND PRINCIPALS FOR THOUSANDS OF WOMEN. TCF GRADUATES ARE PROVIDED SUPPORT FOR COLLEGE AND VOCATIONAL TRAINING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CAMPUS CONSTRUCTION: THIS YEAR TCF-USA FUNDED THE CONSTRUCTION OF 17 NEW PRIMARY AND SECONDARY SCHOOL UNITS IN IMPOVERISHED RURAL AND URBAN COMMUNITIES IN PAKISTAN. EACH NEW CAMPUS ACCOMMODATES UP TO 180 STUDENTS, SIGNIFICANTLY EXPANDING ACCESS TO EDUCATION FOR UNDERPRIVILEGED COMMUNITIES. ADDITIONALLY, EIGHT SCHOOLS WERE CONVERTED TO SOLAR ENERGY, CONTRIBUTING TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AND REDUCED OPERATING COSTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ENDOWMENTS FOR FUTURE OPERATION OF SCHOOLS: IN 2024, TCF-USA CONTRIBUTED $396,968 TOWARD THE ENDOWMENT OF TCF-BUILT SCHOOLS IN PAKISTAN. THESE FUNDS ENSURE THE LONG-TERM FINANCIAL SUSTAINABILITY OF SCHOOL OPERATIONS, HELPING MAINTAIN QUALITY EDUCATION FOR UNDERPRIVILEGED CHILDREN YEAR AFTER YEAR. ENDOWMENT INCOME SUPPORTS RECURRING OPERATIONAL EXPENSES, REDUCING RELIANCE ON FUTURE FUNDRAISING.IN ADDITION TO SCHOOL OPERATIONS, TCF-USA HAS ALSO ESTABLISHED ENDOWMENTS FOR SCHOLARSHIPS TO SUPPORT THE HIGHER EDUCATION OF TCF ALUMNI. THESE SCHOLARSHIP ENDOWMENTS HELP DESERVING GRADUATES PURSUE UNIVERSITY AND PROFESSIONAL DEGREES, EXTENDING THE ORGANIZATION'S IMPACT BEYOND SECONDARY EDUCATION.TCF-USA SUPPORTS STRATEGIC PROJECTS AND PROGRAMS THAT ENHANCE THE LEARNING ENVIRONMENT AND IMPROVE COMMUNITY WELL-BEING. THESE INCLUDE PUBLIC-PRIVATE PARTNERSHIP INITIATIVES, INSTALLATION OF SOLAR PANELS TO REDUCE ENERGY COSTS AND ENVIRONMENTAL IMPACT, AND THE DEVELOPMENT OF WATER FILTRATION PLANTS AT SCHOOL SITES. NOTABLY, IN THE CASE OF WATER PLANTS, BOTH STUDENTS AND SURROUNDING COMMUNITY MEMBERS BENEFIT FROM ACCESS TO CLEAN DRINKING WATER.
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