SALMA KHATOON ACADEMY INC

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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

2006

Legal Domicile

Principal Officer

TARIQ FARID

Phone

2037748000

Tax Period

2018-08-01 to 2019-07-31

SALMA KHATOON ACADEMY INC, founded in 2006, is a micro nonprofit that reported $69K in total revenue in fiscal year 2018. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $62K left a modest 11% surplus.

Mission

THE MISSION OF THE ACADEMY IS TO PROVIDE HIGH CALIBER ELEMENTARY SCHOOL EDUCATION, IN GRADES PRE-K THROUGH 6TH, WITH A MIX OF RELIGIOUS EDUCATION AND AFTER SCHOOL, WEEKEND, AND ADULT ISLAMIC EDUCATION CLASSES, ALL AS CONSISTENT WITH SUNNI ISLAMIC TEACHINGS.

Program Service Accomplishments

Program 1

Expenses: $0

TO PROVIDE ISLAMIC EDUCATION TO PRE-K THROUGH 6TH GRADE AND TO PROVIDE AFTER SCHOOL, WEEKEND, AND ADULT CLASSES. THE ACADEMY WAS DISSOLVED DURING THE 2019 TAX YEAR. THE 2019 RETURN IS TO REPORT FINAL...

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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 (2018)

Revenue Breakdown

Contributions & Grants $128,493

Program Service Revenue $0

Investment Income $-59,274

Other Revenue $0

TOTAL REVENUE $69,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $61,741

TOTAL EXPENSES $61,741

Year-over-Year Comparison

	2018	2017	Change
Revenue	$69,219	$55,099	+0.3%
Expenses	$61,741	$61,504	+0.0%
Net Income	$7,478	$-6,405	-2.2%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
ASMA FARID	VICE CHAIRMAN & SECRETARY	Officer Director	$0	$0	$0
SOMIA FARID	DIRECTOR	Director	$0	$0	$0
TARIQ FARID	CHAIRMAN & DIRECTOR	Officer Director	$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
2019	$69,219	$61,741	No data	$7,478
2018	$55,099	$61,504	$1,148,753	$-6,405