The Firoz And Najma Lalji Foundation
The Firoz And Najma Lalji Foundation maintains substantial assets and reports no officer compensation, despite fluctuating revenues.
EIN: 208817765 · Bellevue, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $19.6M |
| Transparency Score | 85/100 |
Is The Firoz And Najma Lalji Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Firoz And Najma Lalji Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Firoz And Najma Lalji Foundation
The Firoz And Najma Lalji Foundation (EIN: 208817765) is a nonprofit organization based in Bellevue, WA, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $33.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Firoz And Najma Lalji Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Firoz And Najma Lalji Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$333K |
| Total Assets | $28.3M |
| Total Liabilities | $8.6M |
| Net Assets | $19.6M |
| Operating Margin | 17.7% |
| Debt-to-Asset Ratio | 30.5% |
| Months of Reserves | 219.5 months |
Financial Health Grade: A
In 2023, The Firoz And Najma Lalji Foundation reported a surplus of $333K with revenue exceeding expenses, holds 219.5 months of operating reserves (strong position), has a debt-to-asset ratio of 30.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Firoz And Najma Lalji Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +121.7% | +314.8% | +58.2% |
| 2022 | -90.5% | -13.1% | -45.2% |
| 2021 | +906.0% | +14.0% | +114.9% |
| 2020 | +144.8% | -20.6% | +10.2% |
| 2019 | -91.4% | -66.7% | +53.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Firoz And Najma Lalji Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Firoz And Najma Lalji Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $333K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is not compensated through the foundation's funds, which is highly favorable for donor perception and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Firoz And Najma Lalji Foundation's IRS 990 filings:
- Significant year-to-year revenue volatility, potentially indicating reliance on large, infrequent donations rather than a stable funding base.
Strengths
The following positive indicators were identified for The Firoz And Najma Lalji Foundation:
- Substantial and growing asset base ($33,512,644), providing financial stability and capacity.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for charitable purposes.
- Positive net assets and generally operating with a surplus, demonstrating sound financial management.
- Consistent IRS 990 filing history, indicating compliance and transparency.
Frequently Asked Questions about The Firoz And Najma Lalji Foundation
Is The Firoz And Najma Lalji Foundation a legitimate charity?
The Firoz And Najma Lalji Foundation (EIN: 208817765) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The Firoz And Najma Lalji Foundation spend its money?
The Firoz And Najma Lalji Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Firoz And Najma Lalji Foundation tax-deductible?
The Firoz And Najma Lalji Foundation is registered as a tax-exempt nonprofit (EIN: 208817765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Firoz And Najma Lalji Foundation's spending goes to programs?
The Firoz And Najma Lalji Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Firoz And Najma Lalji Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Firoz And Najma Lalji Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Firoz And Najma Lalji Foundation located?
The Firoz And Najma Lalji Foundation is headquartered in Bellevue, Washington and files with the IRS under EIN 208817765. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Firoz And Najma Lalji Foundation have?
The Firoz And Najma Lalji Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Is The Firoz And Najma Lalji Foundation a good charity?
Based on the available data, the foundation appears to be a good charity. It has a strong asset base ($33,512,644), consistently reports 0% officer compensation, and generally operates with a surplus, indicating sound financial management. However, a detailed breakdown of program spending would provide more clarity on its direct impact.
How does the foundation manage its finances given fluctuating revenue?
Despite significant fluctuations in annual revenue (e.g., $8,957,126 in 2021 vs. $363,669 in 2019), the foundation has consistently grown its assets, from $3,780,824 in 2011 to $33,512,644 currently, suggesting effective investment and reserve management to smooth out revenue volatility.
What is the trend in the foundation's assets and liabilities?
The foundation's assets have shown a strong upward trend, growing from $3.78 million in 2011 to $33.51 million currently. Liabilities have also increased over time, reaching $8,635,165 in 2023, but remain well-covered by the substantial asset base.
Filing History
IRS 990 filing history for The Firoz And Najma Lalji Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Firoz And Najma Lalji Foundation's revenue has declined by 43.3%, moving from $3.3M to $1.9M. Total assets increased by 647.8% over the same period, from $3.8M to $28.3M. Total functional expenses rose by 154.9%, from $607K to $1.5M. In its most recent filing year (2023), The Firoz And Najma Lalji Foundation reported a surplus of $333K, with revenue exceeding expenses. The organization holds $8.6M in liabilities against $28.3M in assets (debt-to-asset ratio: 30.5%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.5M | $28.3M | $8.6M | — | View 990 |
| 2022 | $847K | $373K | $17.9M | $3.1M | — | View 990 |
| 2021 | $9.0M | $429K | $32.6M | $11.2M | — | View 990 |
| 2020 | $890K | $376K | $15.2M | $9.1M | — | View 990 |
| 2019 | $364K | $474K | $13.8M | $8.7M | — | View 990 |
| 2015 | $4.2M | $1.4M | $9.0M | $0 | — | View 990 |
| 2014 | $1.5M | $1.2M | $6.3M | $917 | — | View 990 |
| 2013 | $851K | $943K | $5.9M | $0 | — | View 990 |
| 2012 | $2.4M | $1.1M | $4.6M | $1K | — | View 990 |
| 2011 | $3.3M | $607K | $3.8M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.5M, and assets of $28.3M (revenue +121.7% year-over-year).
- 2022: Revenue of $847K, expenses of $373K, and assets of $17.9M (revenue -90.5% year-over-year).
- 2021: Revenue of $9.0M, expenses of $429K, and assets of $32.6M (revenue +906.0% year-over-year).
- 2020: Revenue of $890K, expenses of $376K, and assets of $15.2M (revenue +144.8% year-over-year).
- 2019: Revenue of $364K, expenses of $474K, and assets of $13.8M (revenue -91.4% year-over-year).
- 2015: Revenue of $4.2M, expenses of $1.4M, and assets of $9.0M (revenue +186.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $6.3M (revenue +72.6% year-over-year).
- 2013: Revenue of $851K, expenses of $943K, and assets of $5.9M (revenue -64.0% year-over-year).
- 2012: Revenue of $2.4M, expenses of $1.1M, and assets of $4.6M (revenue -28.6% year-over-year).
- 2011: Revenue of $3.3M, expenses of $607K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Firoz And Najma Lalji Foundation:
Data Sources and Methodology
This transparency report for The Firoz And Najma Lalji Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.