Amoud Foundation
- Assets
- $3.6m
- Revenue
- $6.8m
- Investments
- $570.7k
- Employees
- 3
- Location
- Irving, TX
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 75-2882187
Organization Overview
Amoud Foundation is located in Irving, TX. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Amoud Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amoud 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 12/2021, Amoud Foundation generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 23.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RELIEVE THE SUFFERING OF THE POOR IN HORN OF AFRICA BY ESTABLISHING HOSPITALS, SCHOOLS,ORPHANAGES, WELLS, AND OTHER EMERGENCY RELIEF
Describe the Organization's Program Activity:
Part 3 - Line 4a
375 WATER WELLS WERE BUILT PROVIDING CLEAN WATER
3 MILLION MEALS WERE PROVIDED TO THOSE IN NEED AND 100,000 POOR FAMILIES WERE PROVIDED PROVIDED CATTLE.
THE REMAINING PROGRAMS ASSISTED IN PROVIDING RELIEF TO THE SUFFERING OF THE POOR IN HORN OF AFRICA BY ESTABLISHING SCHOOLS, HEALTHCARE PROGRAMS, AGRICULTURAL PROJECTS, AND OTHER EMERGENCY RELIEF. FOR EXAMPLE, 7 ORPHANAGES SERVING OVER 1,000 ORPHANS WERE PROVIDED WITH FOOD AND CLOTHING, AND CONTAINERS OF MEDICAL SUPPLIES AND EQUIPMENT WERE DELIVERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Issam Abdallah Executive Director | Officer | 50 | $114,998 |
Mohamud Egal Board President | Trustee | 30 | $0 |
Ali Gurry Secretary | Trustee | 8 | $0 |
Abdi Aye Treasurer | Trustee | 10 | $0 |
Halima Hadi Board Member | Trustee | 2 | $0 |
Bashir Rabile Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ez Community Services Fundraising | 12/30/17 | $45,000 |
Marwaaz Inc | 12/30/17 | $25,000 |
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 | $6,730,281 |
| Noncash contributions included in lines 1a–1f | $154,967 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,730,281 |
| Total Program Service Revenue | $0 |
| Investment income | $20,703 |
| 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 | $6,777,014 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,998 |
| Compensation of current officers, directors, key employees. | $114,998 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $7,238 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $512,174 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,209 |
| Travel | $14,580 |
| 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 | $3,991 |
| Insurance | $0 |
| All other expenses | $122,454 |
| Total functional expenses | $4,924,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,961,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,650 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,564 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $570,703 |
| Investments—program-related | $60,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,623,753 |
| Accounts payable and accrued expenses | $8,764 |
| 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 | $8,764 |
| Net assets without donor restrictions | $3,614,989 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,623,753 |
Grants Awarded
Over the last fiscal year, Amoud Foundation has awarded $16,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IFTIN CENTER PURPOSE: SOCIAL, HEALTH & RELIEF PROGRAMS | $11,000 |
Richardson, TX PURPOSE: SOCIAL, HEALTH & RELIEF PROGRAMS | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Amoud Foundation has recieved totaling $245,638.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $102,585 |
Hidaya Foundation Santa Clara, CA PURPOSE: SOCIAL WELFARE PROJECTS | $89,750 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $17,122 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $12,640 |
American Muslim Community Foundation Fremont, CA PURPOSE: FOR GENERAL PHILANTHROPY, RELIGIOUSLY MANDATED ALMSGIVING AND COMMUNITY POOLED FUNDING. | $11,360 |
Keymer Foundation St Cloud, MN PURPOSE: CHARITABLE | $3,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |