Civic Intelligence

Muna and Basem Hishmeh Foundation Inc.

990PF • Fiscal year 2018 • EIN 65-1270242

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 24, 2019

1850 S Ocean Drive Unit 3104Hallandale Beach, FL 33009

(954) 458-1778

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • $1M-$5M nonprofits • Source year 2018

Net Margin

45th percentile

1.6%

Higher net margin than 45% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

8.2%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,751,291

Up $6,909 (+0.2%) from 2017

Net Assets

Up

$3,751,291

Up $6,909 (+0.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$440,569

Up $33,418 (+8.2%) from 2017

Expenses

Up

$433,660

Up $19,785 (+4.8%) from 2017

Net Income

Up

$6,909

Up $13,633 (+203%) from 2017

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 2011: $3,678,805Liabilities 2011: $0Net Assets 2011: $3,678,8052011Assets 2012: $3,380,453Liabilities 2012: $0Net Assets 2012: $3,380,4532012Assets 2013: $3,453,859Liabilities 2013: $0Net Assets 2013: $3,453,8592013Assets 2014: $4,025,165Liabilities 2014: $0Net Assets 2014: $4,025,1652014Assets 2015: $3,867,615Liabilities 2015: $0Net Assets 2015: $3,867,6152015Assets 2016: $3,751,106Liabilities 2016: $0Net Assets 2016: $3,751,1062016Assets 2017: $3,744,382Liabilities 2017: $0Net Assets 2017: $3,744,3822017Assets 2018: $3,751,291Liabilities 2018: $0Net Assets 2018: $3,751,2912018Assets 2019: $3,726,733Liabilities 2019: $0Net Assets 2019: $3,726,7332019Assets 2020: $3,573,325Liabilities 2020: $0Net Assets 2020: $3,573,3252020Assets 2021: $3,728,073Liabilities 2021: $0Net Assets 2021: $3,728,0732021Assets 2022: $3,671,046Liabilities 2022: $0Net Assets 2022: $3,671,0462022Assets 2023: $3,582,564Liabilities 2023: $0Net Assets 2023: $3,582,5642023Assets 2024: $4,335,915Liabilities 2024: $0Net Assets 2024: $4,335,9152024

Highlighted filing

2018

Assets$3,751,291
Liabilities$0
Net Assets$3,751,291

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $462,1612011Expenses 2012: $415,9712012Revenue 2013: $418,547Expenses 2013: $345,141Net Income 2013: $73,4062013Revenue 2014: $956,568Expenses 2014: $385,262Net Income 2014: $571,3062014Revenue 2015: $258,538Expenses 2015: $416,088Net Income 2015: -$157,5502015Revenue 2016: $289,047Expenses 2016: $405,556Net Income 2016: -$116,5092016Revenue 2017: $407,151Expenses 2017: $413,875Net Income 2017: -$6,7242017Revenue 2018: $440,569Expenses 2018: $433,660Net Income 2018: $6,9092018Revenue 2019: $383,013Expenses 2019: $407,571Net Income 2019: -$24,5582019Revenue 2020: $238,442Expenses 2020: $391,850Net Income 2020: -$153,4082020Revenue 2021: $597,474Expenses 2021: $442,726Net Income 2021: $154,7482021Revenue 2022: $433,868Expenses 2022: $490,895Net Income 2022: -$57,0272022Revenue 2023: $304,376Expenses 2023: $392,858Net Income 2023: -$88,4822023Revenue 2024: $1,125,208Expenses 2024: $371,857Net Income 2024: $753,3512024

Highlighted filing

2018

Revenue$440,569
Expenses$433,660
Net Income$6,909
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 24, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Basem L HishmehPres, Director-$0--
Muna HishmehSec, Director-$0--
Robert HishmehTreas, Director-$0--
Amal IbrahimajVP, Director-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantPHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INCthe very young composer and free concert programsPCNEW YORK, NY, US$35,000
Paid GrantEDWARD SAID NATIONAL CONSERVATORY OF MUSICGeneral & UnrestrictedPCJERUSALEM Palestine, IS$30,000
Paid GrantFIRST RAMALLAH GROUPExpenditure Responsibility GrantNCRAMALLAH PALESTINE, IS$30,000
Paid GrantRAWDAT EL-ZUHUR Music Art and Drama Program ProgrExpenditure Responsibility GrantNCJERUSALEM PALESTINE, IS$30,000
Paid GrantTHE WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNPaterson Middle School System music project and exchange activities with ESNCM ProgramPCWAYNE, NJ, US$25,000
Paid GrantPHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INCVYC program to fund two instructors to go to Palestine in 2018PCNEW YORK, NY, US$24,000
Paid GrantNATIONAL DANCE INSTITUTE INCIrene Diamond Summer InstitutePCNEW YORK, NY, US$20,000
Paid GrantAL KAMANDJATI ASSOCIATIONExpenditure Responsibility GrantNCRAMALLAH PALESTINE, IS$15,000
Paid GrantFREE ARTS FOR ABUSED CHILDREN OF NEW YORK CITY INCGeneral & UnrestrictedPCNEW YORK, NY, US$15,000
Paid GrantNEW 42ND STREET INCNew Victory Children's Education ProgramPCNEW YORK, NY, US$15,000
Paid GrantROUNDABOUT THEATRE COMPANY INCYouth Education ProgramPCNEW YORK, NY, US$15,000
Paid GrantARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVICphotography ProgramPCDEARBORN, MI, US$10,000
Paid GrantROUNDABOUT THEATRE COMPANY INCHishmeh Endowed FundPCNEW YORK, NY, US$10,000
Paid GrantARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVICChildren's Sunday Art & Craft ProgramPCDEARBORN, MI, US$5,000
Paid GrantTHE MUSICAL ARTS ASSOCIATIONLearning Through Music ProgramPCCLEVELAND, OH, US$5,000
Paid GrantCUYAHOGA VALLEY YOUTH BALLETReach out and Dance ProgramPCCUYAHOGA FLS, OH, US$2,500
Paid GrantGUITAR CENTER MUSIC FOUNDATIONGeneral & UnrestrictedPCTHOUSAND OAKS, CA, US$2,500
Paid GrantSECOND SIGHT PROJECT INCBloom Where Planted Education ProgramPCCOLUMBUS, OH, US$2,500
Filing and Contact Details

Filer

Filer Name
Muna & Basem Hishmeh Foundation Inc
EIN
65-1270242
In Care Of
% MUNA & BASEM HISHMEH FDN
Phone
9544581778
Address
1850 S Ocean Drive Unit 3104, Hallandale Beach, FL 33009

Signing Officer

Name
Basem Hishmeh
Title
President
Phone
9544581778
Signed
2019-04-24
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
One Hollow Ln Ste 212, Lake Success, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt0TO SUPPORT THE EDUCATION PROGRAM
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt1TO SUPPORT THE EDUCATION PROGRAM
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt2FUNDING FOR SCHOOL OF DANCE
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt3FUNDING FOR SCHOOL OF DANCE
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt4FUNDING FOR MUSIC, ART, AND DRAMA PROGRAMS FOR CHILDREN WITH LEARNING DIFFICULTIES
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt5FUNDING FOR MUSIC, ART, AND DRAMA PROGRAMS FOR CHILDREN WITH LEARNING DIFFICULTIES
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt6TO SUPPORT THE MUSIC EDUCATION PROGRAM
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt7TO SUPPORT THE MUSIC EDUCATION PROGRAM
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$1.13$0.37$0.75
2023Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$0.30$0.39$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.67$0.43$0.49$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.60$0.44$0.15
2020Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$0.24$0.39$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.38$0.41$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$0.44$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.74$0.00$3.74$0.41$0.41$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$0.29$0.41$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$0.26$0.42$0.16
2014Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$0.96$0.39$0.57
2013Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$0.42$0.35$0.07
2012Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.42
2011Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.46