Atassi Foundation
Nonprofit profile at a glance
- EIN
- 383611300
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Oak Brook, IL, USA
- Phone
- 6308881077
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $20,181
- Expenses
- $17,025
- Assets
- $26,841
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KHALIL ATASI (PRESIDENT AND SECRETARY)
- OUBAY ATASSI (VICE PRESIDENT)
People named in this filing
- RAFEL ATASSI (DIRECTOR)
- MAYSOUN AKBIK (DIRECTOR)
- KEITH ATASSI (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote charity and support religious organizations in building places of worship in the united states and abroad.
What it reported doing in 2024
Atassi foundation promotes humanitarian charity and supports education in the united states and abroad. The foundation donated to two humanitarian organizations and awarded three scholarships during 2024.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 81.6%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.6%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.2% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -8.5% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -10.9% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 69% of revenue deployed · 81.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.