Zubaida Foundation is located in Yardley, PA. The organization was established in 2007. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zubaida 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 12/2023, Zubaida Foundation generated $750.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $645.2k during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS AND EDUCATION STUDIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Syed M Afzal Founder /chairman | 1 | $0 | |
Syed Mateen Afzal Director | 1 | $0 | |
Naveed Malik President/secretary | 0 | $0 | |
Iman Nauman Cheema Director | 0 | $0 | |
Haziz Irfan Asghar Director | 0 | $0 | |
Syed F Sajjad Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $474,967 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $275,182 |
| Total Revenue | $750,149 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $87,364 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,489 |
| Depreciation | $125,287 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $431,063 |
| Total operating and administrative expenses | $645,203 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $645,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,071,846 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,421,737 |
| Other assets | $0 |
| Total assets | $4,493,583 |
| Accounts payable and accrued expenses | $423 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,840 |
| Total liabilities | $3,263 |