Source Of Compassion is located in Arlington, TX. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Source Of Compassion 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 12/2022, Source Of Compassion generated $68.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.2% each year . All expenses for the organization totaled $80.7k during the year ending 12/2022. While expenses have increased by 45.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
HUMANITARIAN CHARITY FOR CHILDREN IN THIRD-WORLD COUNTRIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Noorullah Noorzad President/ceo | 40 | $39,340 | |
Donald Beacham Treasurer | 8 | $0 | |
Jonathan D Anderson Secretary | 8 | $0 | |
William B Mckean Board Member | 8 | $0 | |
Sapna Noorzad Board Member | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,691 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,691 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39,340 |
Professional fees and other payments to independent contractors | $6,334 |
Occupancy, rent, utilities, and maintenance | $11,584 |
Printing, publications, postage, and shipping | $388 |
Other expenses | $23,051 |
Total expenses | $80,697 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,664 |
Other assets | $0 |
Total assets | $38,942 |
Total liabilities | $5,759 |
Net assets or fund balances | $33,183 |