The Hassan Foundation
- Assets
- $2.5m
- Revenue
- $586.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 56-2639095
Organization Overview
The Hassan Foundation is located in Farmington Hills, MI. The organization was established in 2009. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Hassan 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 12/2022, Hassan Foundation generated $586.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $301.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HUMAN DEVELOPMENT BY PRESERVING LIFE THROUGH IMPROVING HEALTH AND EDUCATION AMONGST THE POOR PEOPLE IN PAKISTAN. TO PROVIDE CLEAN POTABLE WATER, SUPPORT AND EDUCATION FOR ORPHANS AND HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 600 ORPHANS ARE BEING SUPPORTED BY THE HASSAN FOUNDATION FOR THEIR SUSTENANCE AND EDUCATIONAL NEEDS. NEW SHOES AND CLOTHES DURING EID AND WINTER ARE PROVIDED FOR THESE CHILDREN.
PROVIDED EMERGENCY FOOD AND HELPED WITH RECONSTRUCTION OF HOMES FOR FAMILIES AFFECTED BY THE FIRE IN A VILLAGE IN DADU. FOOD AND AID PROVIDED TO OVER 850 FAMILIES IN KPK AND SINDH, AFFECTED BY FLOODS DURING THE FALL OF 2022. WORK ON A HOSTEL FOR 100 UNDERPRIVILEGED STUDENTS AT A WOMEN'S UNIVERSITY IN PESHAWAR, PAKISTAN WAS COMPLETED IN 2022.
615 WATER HAND PUMP PROJECTS WERE COMPLETED IN THARPARKER AND OTHER DISTRICTS OF SINDH IN PAKISTAN. THIS BRINGS THE TOTAL OF WATER PROJECTS COMPLETED ACROSS ALL FOUR PROVINCES IN PAKISTAN TO 6,159. EACH PUMP PROVIDES WATER TO APPROXIMATELY 250 INDIVIDUALS ON A DAILY BASIS.
A PRIMARY/MIDDLE SCHOOL FOR OVER 100 CHILDREN LOCATED IN VILLAGE MAROON BURIA, DISTRICT TASIN, SHIKARPUR, SINDH WAS COMPLETED IN 2022 AND HANDED OVER TO THE LOCAL COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mukhtar Khan President, Chairperson | OfficerTrustee | 25 | $0 |
Dr Shahida Khan Treasurer, Vice Chairperson | OfficerTrustee | 20 | $0 |
Matti Rehman Secretary, Board Member | OfficerTrustee | 1 | $0 |
Faisal Riaz Ahmad Board Member | Trustee | 1 | $0 |
Mahmood Iqbal Board Member | Trustee | 1 | $0 |
Saira Salahuddin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $580,099 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $580,099 |
| Total Program Service Revenue | $0 |
| Investment income | $6,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $586,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $255,315 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $29,852 |
| Total functional expenses | $301,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,551,381 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $427 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $823,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,248 |
| Total assets | $2,501,272 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,501,272 |
| Total liabilities and net assets/fund balances | $2,501,272 |