Hassan Hathout Legacy Foundation is located in Pasadena, CA. The organization was established in 2009. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hassan Hathout Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hassan Hathout Legacy Foundation generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $5.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eba Hathout President | 2 | $0 | |
Khalid Tawfik Treasurer | 0.5 | $0 | |
Sarrah Shahawy Executive Director | 0 | $0 | |
Hassaan Shahawy Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7,722 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $7,722 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $433 |
Other expenses | $4,926 |
Total expenses | $5,909 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $297,859 |
Other assets | $0 |
Total assets | $297,859 |
Total liabilities | $0 |
Net assets or fund balances | $297,859 |