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Nonprofiteer
← MULTIFAITH ALLIANCE INC

Form 990 for tax year 2024

Filed by MULTIFAITH ALLIANCE INC.

Totals

Total revenue
$110,316,945
Total expenses
$110,015,412
Contributions and grants received
$110,316,945
Grants paid
$108,544,089
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$803,099
Total liabilities, end of year
$83,083
Net assets or fund balances, end of year
$720,016
Program services expenses (Part IX)
$109,972,889
Management and general expenses
$41,023
Fundraising expenses
$1,500
Program service expenses (Part III)
$109,972,889

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $110,316,945

  • 1g · Noncash contributions included above

    $108,544,089

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $108,544,089 · program services $108,544,089

  • 5 · Compensation of officers, directors and key employees

    total $120,120 · program services $120,120

  • 7 · Other salaries and wages

    total $406,420 · program services $380,000 · management and general $24,920 · fundraising $1,500

  • 8 · Pension plan contributions

    total $12,845 · program services $12,845

  • 9 · Other employee benefits

    total $26,882 · program services $26,882

  • 10 · Payroll taxes

    total $34,380 · program services $34,380

  • 11c · Fees: accounting

    total $16,103 · management and general $16,103

  • 12 · Advertising and promotion

    total $15,476 · program services $15,476

  • 13 · Office expenses

    total $14,505 · program services $14,505

  • 17 · Travel

    total $48,031 · program services $48,031

  • 19 · Conferences, conventions and meetings

    total $847 · program services $847

  • 20 · Interest

    total $42 · program services $42

  • 22 · Depreciation, depletion and amortization

    total $18,986 · program services $18,986

  • 23 · Insurance

    total $3,413 · program services $3,413

  • 24a · Other expenses: Courier & delivery serv

    total $749,042 · program services $749,042

  • 24b · Other expenses: Utilities

    total $2,700 · program services $2,700

  • 24c · Other expenses: Bank fees

    total $1,223 · program services $1,223

  • 24d · Other expenses: Vehicle expenses

    total $308 · program services $308

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $145,363 · end of year $458,442

  • 10a · Land, buildings and equipment: cost or other basis

    $379,713

  • 10b · Land, buildings and equipment: accumulated depreciation

    $35,056

  • 10c · Land, buildings and equipment, net

    beginning of year $362,259 · end of year $344,657

  • 17 · Accounts payable and accrued expenses

    beginning of year $90,104 · end of year $83,083

  • 27 · Net assets without donor restrictions

    beginning of year $417,518 · end of year $720,016

Mission and programs · 2024

Mission

Multifaith Alliance Incorporated's purpose is to harness the collective power of faith-based and secular partners to build on the strength and resilience of the Syrian people, help them restore their lives, and plant the seeds for a more stable region.

Activities or mission (Part I)

See Schedule O

  • Multifaith Alliance delivers humanitarian aid to Syrians whose lives have been disrupted by war, advocate for rational policies, create greater awareness of the strength and resilience of the Syrian people and the need to help restore their lives. In 2023 Multifaith Alliance provided 24 tons of rice during an emergency aid response, as well as established 2 modular healthcare facilities. Essential relief shipments worth over $140 million were distributed and included medicine, medical equipment, hygiene kits, food kits, and more. Multifaith Alliance installed 8 solar-powered water purification systems in schools and health facilities in Northeast Syria.

    Expenses $109,972,889 · Grants $108,544,089 · Revenue $110,316,945

As filed on the 2024 return.

Listed in Part VII

  • Dr Georgette Bennett

    Chairperson

    Total calculated
    $0
    Hours/week
    1
  • Dr Abdalmajid Katranji

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Martin Kalin

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Dr Malaz Atassi

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dr Yahya Basha

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dr Leonard Polonsky CBE

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Wiesner

    Director

    Total calculated
    $0
    Hours/week
    1
  • Shadi Martini

    CEO

    Total calculated
    $120,120
    From this org
    $120,120
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202622339349301367

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