Hunar Foundation Incorporated FY2023 filing

Tax-deductible

Pacific Palisades, CA501(c)(3)InternationalEIN 45-2954245

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To address the lack of educational opportunities for the youth in Pakistan

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $44K a year · 18% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $151K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$139K
-10% vs prior year
Spent
$239K
To programs
98%
Net assets
$97K
By yearFY2020–FY2025
Revenue
$139K
FY2023▼ -10%
Revenue by fiscal year
FY2020$262K
FY2021$183K
FY2022$154K
FY2023$139K
FY2024$326K
FY2025$375K
Expenses
$239K
FY2023▲ +72%
Expenses by fiscal year
FY2020$103K
FY2021$245K
FY2022$139K
FY2023$239K
FY2024$94K
FY2025$354K
Net assets
$97K
FY2023▼ -51%
Net assets by fiscal year
FY2020$244K
FY2021$182K
FY2022$197K
FY2023$97K
FY2024$329K
FY2025$380K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2014-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Apr 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $235K Management & general 2% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hunar Foundation Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers Pakistani youth with vital educational opportunities.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2023.
01

Invest in quality vocational education available to young adults in pakistan that meets the technical skill needs in the marketplace leading to wage earning capabilities.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$139K
Ln 12
Gifts and grantsLn 1h$139K
Money outPt IX
$239K
Ln 25
Programscol B$235K
Managementcol C$4K
Owns and owesPt X
$97K
net assets · Ln 32
Cash and savingsLn 1–2$97K
Total assetsLn 16$97K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$139K
Total revenueLn 12$139K
Assets in detailPt X, end of year
CashLn 1$97K
Cash and savings togetherLn 1–2$97K
Total assetsLn 16$97K
LiabilitiesLn 26$0
Net assetsLn 32$97K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$197K$97K
Total assetsLn 16$197K$97K
LiabilitiesLn 26$0$0
Net assetsLn 32$197K$97K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$235K$235K
Legal feesLn 11b$3K$3K
Office expensesLn 13$1K$1K
Total functional expensesLn 25$239K$235K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $375K$354K$21K$380K 990 PDF
FY2024 $326K$94K$232K$329K 990 PDF
FY2023 Viewing $139K$239K−$100K$97K 990 PDF
FY2022 $154K$139K$15K$197K 990 PDF
FY2021 $183K$245K−$62K$182K 990 PDF
FY2020 $262K$103K$159K$244K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $138,702 across 3 lines filed
VIII-1f All other contributions, gifts and grants$138,702
VIII-1h Total contributions, gifts and grants$138,702
VIII-12 Total revenue$138,702
Part IX · Statement of functional expenses $239,113 across 3 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $235,000$235,000
IX-11b Legal feesManagement $2,776$2,776
IX-13 Office expensesManagement $1,337$1,337
IX-25 Total functional expensesPrograms $235,000 · Management $4,113 · Fundraising $0$239,113
Part X · Balance sheet $96,532 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $196,943$96,532
X-16 Total assetsStart of year $196,943$96,532
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $196,943$96,532
X-33 Total liabilities and net assetsStart of year $196,943$96,532
Part XI · Reconciliation of net assets $96,532 net assets at year end
XI-1 Total revenue$138,702
XI-2 Total expenses$239,113
XI-3 Revenue less expenses−$100,411
XI-4 Net assets at start of year$196,943
XI-10 Net assets at end of year$96,532

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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