FAITH UNITY INC (EIN 043673651) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

MEHBOOB KHAN

Phone

2156338337

Tax Period

2024-01-01 to 2024-12-31

FAITH UNITY INC, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $598K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $910K exceeded revenue, resulting in a 52% operating deficit.

Mission

CHARITY SUPPPORT FUNCTIONSCONSTRUCTION OF RELIGIOUS GATHERING BUILDING

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,600

Program Service Revenue $77,276

Investment Income $0

Other Revenue $518,570

TOTAL REVENUE $598,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $835,464

Other Expenses $910,279

TOTAL EXPENSES $910,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$598,446	$488,157	+0.2%
Expenses	$910,279	$170,331	+4.3%
Net Income	$-311,833	$317,826	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEHBOOB KHAN	PRESIDENT	20.00	Officer Director	$0	$0	$0
AKBAR NAYEEM	SECRETARY	20.00	Officer	$0	$0	$0
SYED NAYEEM	TREASURER	20.00	Officer	$0	$0	$0
SURRIYA AHMED	TRUSTEE	10.00	Officer	$0	$0	$0
FATIMA MULLHOLAND	TRUSTEE	5.00	Officer	$0	$0	$0
MOHMAD KAMRAN	TRUSTEE	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$598,446	$910,279	$3,809,020	$-311,833
2023	$488,157	$170,331	$2,100,073	$317,826
2022	$568,201	$550,063	$1,782,247	$18,138
2021	$669,065	$184,334	$1,752,316	$484,731
2020	$299,356	$561,275	$1,138,635	$-261,919
2019	$373,229	$129,182	$1,403,765	$244,047
2018	$226,033	$67,058	$1,154,667	$158,975

FAITH UNITY INC