Malcolm X Shabazz Foundation
- Assets
- $39.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Clara, CA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-2911391
Organization Overview
Malcolm X Shabazz Foundation is located in Santa Clara, CA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malcolm X Shabazz 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, Malcolm X Shabazz Foundation generated $53.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $23.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (45.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Omar Mohsen Secretary | 0.5 | $0 | |
Kamal Koraitem Treasurer | 1 | $0 | |
Wassim Malak President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,574 |
| 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 | $53,574 |
| 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 | $1,726 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,469 |
| Total expenses | $23,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,425 |
| Other assets | $0 |
| Total assets | $39,425 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,425 |
Peer Organizations
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|---|---|---|
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Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
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