Is Zubaida Foundation Legit?

Zubaida Foundation demonstrates consistent financial growth and a strong program focus based on its IRS 990 filings. The organization has shown a steady increase in revenue and assets over the past decade, with revenue growing from $394,564 in 2011 to $750,149 in 2023, and assets increasing from $1,598,504 to $4,493,583 in the same period. This indicates a stable and expanding operational capacity. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which contributes to a high percentage of funds being directed towards programs. The organization's spending efficiency appears robust, with expenses consistently lower than revenue in most years, allowing for asset accumulation. For instance, in 2023, expenses were $645,203 against revenues of $750,149. The low liabilities reported in most years, such as $3,263 in 2023, further indicate sound financial management and minimal debt burden. The consistent growth in assets, reaching $5,297,992 currently, provides a solid financial foundation for future activities. Transparency is high given the consistent filing of IRS Form 990s and the clear indication of no officer compensation. This practice, combined with the healthy financial ratios, suggests a well-managed and accountable organization. The NTEE code X21 (International Development, Relief Services) aligns with the typical activities of a foundation, and the financial data supports the effective deployment of resources towards its mission.