Civic Intelligence

Sanad Trust Foundation Inc.

990 • Fiscal year 2016 • EIN 45-2740908

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 20, 2017

PO Box 77-1273Miami, FL 33177

(305) 232-5494

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

55th percentile

5.1%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$27,125

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

29%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$63,690

Up $10,055 (+19%) from 2015

Net Assets

Up

$62,492

Up $9,566 (+18%) from 2015

Liabilities

Up

$1,198

Up $489 (+69%) from 2015

Revenue

Up

$187,468

Up $42,224 (+29%) from 2015

Expenses

Up

$177,902

Up $38,761 (+28%) from 2015

Net Income

Up

$9,566

Up $3,463 (+57%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $20,070Liabilities 2012: $0Net Assets 2012: $20,0702012Assets 2013: $17,880Liabilities 2013: $0Net Assets 2013: $17,8802013Assets 2014: $50,861Liabilities 2014: $0Net Assets 2014: $50,8612014Assets 2015: $53,635Liabilities 2015: $709Net Assets 2015: $52,9262015Assets 2016: $63,690Liabilities 2016: $1,198Net Assets 2016: $62,4922016Assets 2017: $101,900Liabilities 2017: $1,468Net Assets 2017: $100,4322017Assets 2018: $68,466Liabilities 2018: $2,063Net Assets 2018: $66,4032018Assets 2019: $54,084Liabilities 2019: $1,558Net Assets 2019: $52,5262019Assets 2020: $28,777Liabilities 2020: $0Net Assets 2020: $28,7772020Assets 2021: $115,442Liabilities 2021: $0Net Assets 2021: $115,4422021Assets 2022: $229,259Liabilities 2022: $6,147Net Assets 2022: $223,1122022Assets 2023: $221,891Liabilities 2023: $6,415Net Assets 2023: $215,4762023Assets 2024: $200,063Liabilities 2024: $0Net Assets 2024: $200,0632024

Highlighted filing

2016

Assets$63,690
Liabilities$1,198
Net Assets$62,492

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $25,0212012Revenue 2013: $63,491Expenses 2013: $63,277Net Income 2013: $2142013Revenue 2014: $115,509Expenses 2014: $82,529Net Income 2014: $32,9802014Revenue 2015: $145,244Expenses 2015: $139,141Net Income 2015: $6,1032015Revenue 2016: $187,468Expenses 2016: $177,902Net Income 2016: $9,5662016Revenue 2017: $216,880Expenses 2017: $178,940Net Income 2017: $37,9402017Revenue 2018: $255,489Expenses 2018: $257,747Net Income 2018: -$2,2582018Revenue 2019: $268,773Expenses 2019: $282,650Net Income 2019: -$13,8772019Revenue 2020: $228,912Expenses 2020: $200,135Net Income 2020: $28,7772020Revenue 2021: $217,124Expenses 2021: $130,459Net Income 2021: $86,6652021Revenue 2022: $215,444Expenses 2022: $148,960Net Income 2022: $66,4842022Revenue 2023: $209,239Expenses 2023: $216,876Net Income 2023: -$7,6372023Revenue 2024: $273,199Expenses 2024: $288,612Net Income 2024: -$15,4132024

Highlighted filing

2016

Revenue$187,468
Expenses$177,902
Net Income$9,566
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$187,468
Mission and Program Overview

Mission

Our mission is to nurture, develop and sustain the intellectual and spiritual growth of youth, seniors and their families.

Our mission is to nurture, develop and sustain the intellectual and spiritual growth of youth, senior and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,008$39,229▲ $4,221
Land, Buildings, and Equipment, Net$13,398$14,019▲ $621
Accounts Receivable$5,229$10,442▲ $5,213
Total Assets$53,635$63,690▲ $10,055
Liabilities
Accounts Payable and Accrued Expenses$709$1,198▲ $489
Total Liabilities$709$1,198▲ $489
Net Assets / Fund Balance
Unrestricted Net Assets$52,926$62,492▲ $9,566
Total Net Assets Fund Balance$52,926$62,492▲ $9,566
Total Liabilities and Net Assets / Fund Balance$53,635$63,690▲ $10,055

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,019$11,006$621
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rehan MirzaDirectorFT$27,125$27,125
Fareeza GhaniCoordinatorFT$23,781$23,781
Maliha ShaikhCoordinatorPT$7,229$7,229
Attiqa SyedaFinancial DirectorFT$6,083$6,083
Revenue and Support

Revenue Composition

Contributions and Grants
$130,937
Program Service Revenue
$56,531
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$9,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,562
Salaries, Compensation, and Employee Benefits$69,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$64,217--$64,217
Occupancy$49,608--$49,608
Conferences and Meetings$6,314$1,147-$7,461
Payroll Taxes$5,123--$5,123
Office Expenses$3,217$956-$4,173
Information Technology-$3,130-$3,130
Insurance$2,891--$2,891
Advertising$1,790--$1,790
Travel$1,665--$1,665
Other Expenses$1,614$1,300-$1,300
Fees for Services Legal-$650-$650
All Other Expenses$423--$423
Total Functional Expenses$167,293$10,609$0$177,902
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Year End-$-130,937-$-130,937
Total Events-$-130,937-$-130,937
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
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 governing body review Part VI line 11

All financial matters and reports are presented during the quarterly board meetings.

Conflict of interest policy compliance Part VI line 12C

The confict of interest policy is reviewed and updated with all new board members each year.

CEO executive director top management comp Part VI line 15A

Employee compensation is reivewed each year end board meeting.

Other officer or key employee compensation Part VI line 15B

Key employee compensation will be reviewed on an annual basis if necessary.

Governing documents etc available to public Part VI line 19

All governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sanad Trust Foundation Inc
EIN
45-2740908
Address
PO BOX 77-1273, Miami, FL 33177

Signing Officer

Name
Attiqa Syeda
Title
President
Phone
3052325494
Signed
2017-10-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Attiqa Syeda
Formed
2011
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
2
Volunteers
10

Preparer

Firm
Zafar & Company LLC
Address
4900 SW 74 Street, Miami, FL 33155
Preparer
Syed S Zafar CPA
Phone
3059056443
Supplemental Narrative

Additional Explanations

General explanation attachment

Sanad Trust Foundation has three main areas of work, Sanad Prep, Sanad Community, and Sanad Outreach. Sanad is an enrichment program for children who are otherwise homeschooled. Sanad Prep as a homeschooling co op offers educational services and learning coach consulting services for grades 1-12 in South Florida. Sanad Preps holistic approach to knowledge is to ensure love, understanding, and practical application. The services offered may include tutoring, supervising the day to day activities of student, mentoring along the way to help students succeed. Sanad Prep may also offer after school and their families through religious studies and character education programs and workshops. Sanad Community and outreach are not extensively developed thus the accounting is not seperated by by expenses or income for those segments. Sanad Trust Foundation coordinates outreach efforts in the services of new members of the community. Our programs are primarily designed to serve the needs of the new Muslim community. The conferences serves as a platform to bring communities and individuals together for workshops, discussion and coordination. The Sanad outreach fund is managed by the Sanad Trust Foundation intended to facilitate the social, spiritual, and humanitarian support of under-served communities in the Americas. To provide the resource environment for individuals to learn about the world their life and themselves; and to be a means of outreach and support to those inclined to guidance.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All financial matters and reports are presented during the quarterly board meetings.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Key employee compensation will be reviewed on an annual basis if necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Sanad Trust Foundation has three main areas of work, Sanad Prep, Sanad Community, and Sanad Outreach. Sanad is an enrichment program for children who are otherwise homeschooled. Sanad Prep as a homeschooling co op offers educational services and learning coach consulting services for grades 1-12 in South Florida. Sanad Preps holistic approach to knowledge is to ensure love, understanding, and practical application. The services offered may include tutoring, supervising the day to day activities of student, mentoring along the way to help students succeed. Sanad Prep may also offer after school and their families through religious studies and character education programs and workshops. Sanad Community and outreach are not extensively developed thus the accounting is not seperated by by expenses or income for those segments. Sanad Trust Foundation coordinates outreach efforts in the services of new members of the community. Our programs are primarily designed to serve the needs of the new Muslim community. The conferences serves as a platform to bring communities and individuals together for workshops, discussion and coordination. The Sanad outreach fund is managed by the Sanad Trust Foundation intended to facilitate the social, spiritual, and humanitarian support of under-served communities in the Americas. To provide the resource environment for individuals to learn about the world their life and themselves; and to be a means of outreach and support to those inclined to guidance.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0177902
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0709
IRS990/TotalLiabilitiesEOYAmt01198
IRS990/TotalLiabilitiesGrp/BOYAmt0709
IRS990/TotalLiabilitiesGrp/EOYAmt01198
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt052926
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt062492
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0167293
IRS990/TotalProgramServiceRevenueAmt056531
IRS990/TotalReportableCompFromOrgAmt064218
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056531
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0187468
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053635
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt063690
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt01665
IRS990/TravelGrp/TotalAmt01665
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt052926
IRS990/UnrestrictedNetAssetsGrp/EOYAmt062492
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013007 SW 188th Street
IRS990/USAddress/CityNm0Miami
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033177
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.sanadtrust.org
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ATTIQA SYEDA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03052325494
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SANAD TRUST FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SANA
ReturnHeader/Filer/EIN0452740908
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 77-1273
ReturnHeader/Filer/USAddress/CityNm0Miami
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033177
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08BB44FC0296BD47A29324EDF58BA52FEC46534BB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08BB44FC0296BD47A29324EDF58BA52FEC46534BB
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06028612017318154wawj
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.142.25.202
ReturnHeader/FilingSecurityInformation/IPDt02017-11-14
ReturnHeader/FilingSecurityInformation/IPTm014:09:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462659382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Zafar & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04900 SW 74 Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033155
ReturnHeader/PreparerPersonGrp/PhoneNum03059056443
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Syed S Zafar CPA
ReturnHeader/ReturnTs02017-11-14T14:07:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.00$2.00$2.73$2.89$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.22$0.06$2.15$2.09$2.17$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.06$2.23$2.15$1.49$0.66
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$2.17$1.30$0.87
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$2.29$2.00$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.53$2.69$2.83$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$2.55$2.58$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.00$2.17$1.79$0.38
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.62$1.87$1.78$0.10
2015Summary only. Only limited summary data is available for this year.$0.54$0.01$0.53$1.45$1.39$0.06
2014Summary only. Only limited summary data is available for this year.$0.51$0.00$0.51$1.16$0.83$0.33
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.63$0.63$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.25