Al-azem Foundation is a 501(c)(3) organization based in Southfield, Michigan, registered in 1999, with $191,128 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$191K
▲ 13.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$51K
Net assets
$886K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Al-azem Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Al-azem Foundation: 209 mo reserves · +73% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Al-azem Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Al-azem Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$11K (FY2013) to $191K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
73.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$886K
Total liabilities
$0
Net assets
$886K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,128▲13.5% | $50,934▲20.1% | $885,822▲18.8% | $885,822▲18.8% | 990PF |
| 2023 | $168,420▼7.2% | $42,410▲15.1% | $745,628▲20.3% | $745,628▲20.3% | 990PF |
| 2022 | $181,449▼37.4% | $36,836▼31.7% | $619,618▲30.4% | $619,618▲30.4% | 990PF |
| 2021 | $289,898▼8.2% | $53,919▲33.5% | $475,005▼33.4% | $475,005▼33.4% | 990PF |
| 2020 | $315,631▲3137% | $40,380▲12.5% | $713,634▲62.8% | $713,634▲62.8% | 990PF |
| 2019 | $9,751▲1775% | $35,880▲14.0% | $438,383▼5.6% | $438,383▼5.6% | 990PF |
| 2018 | -$582▲88.8% | $31,481▼13.5% | $464,512▼6.5% | $464,512▼6.5% | 990PF |
| 2017 | -$5,202▲75.3% | $36,408▼22.5% | $496,575▼7.7% | $496,577▼7.7% | 990PF |
| 2016 | -$21,031▲61.0% | $46,965▲89.8% | $538,185▼11.2% | $538,185▼11.2% | 990PF |
| 2015 | -$53,912▲6.5% | $24,745▼83.8% | $606,181▼11.5% | $606,181▼11.5% | 990PF |
| 2014 | -$57,664▼442% | $153,100▲80.9% | $684,838▼23.5% | $684,838▼23.5% | 990PF |
| 2013 | -$10,640 | $84,655▲18.0% | $895,602▼9.6% | $895,602▼9.6% | 990PF |
| 2012 | — | $71,736▼32.8% | $990,897▼5.2% | $990,897▼5.2% | 990PF |
| 2011 | — | $106,799▼67.1% | $1,045,763▼6.6% | $1,045,763▼6.6% | 990PF |
| 2010 | — | $324,195 | $1,119,496 | $1,119,496 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Al-azem Foundation (EIN 38-3440690) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.