MUSLIM FOUNDATION INC (EIN 222413703) - 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

1981

Legal Domicile

Principal Officer

DR PARVIZ HAMEDANI

Phone

2013381710

Tax Period

2024-01-01 to 2024-12-31

MUSLIM FOUNDATION INC, founded in 1981, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $646K, a strong 29% operating margin.

Mission

THE PRIMARY OBJECTIVE OF THE ORGANIZATION HAS BEEN TO PROMOTE LIFE OF ALL MUSLIMS (PARTICULARLY FOLLOWERS OF JAFRI FAITH) IN ACCORDANCE WITH DIVINE LAWS FOR THE WELL BEING OF THE COMMUNITY AND TO ACHIEVE PEACEFUL CO- EXISTENCE AND HARMONY WITH OTHER ETHNIC GROUPS AND FOLLOWERS OF OTHER FAITHS LIVING IN USA.

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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 $1,588,486

Program Service Revenue $157,942

Investment Income $3,702

Other Revenue $471,903

TOTAL REVENUE $2,222,033

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,756

Fundraising Expenses $109,115

Program Expenses $1,120,932

Other Expenses $1,408,458

TOTAL EXPENSES $1,576,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,222,033	$2,504,911	-0.1%
Expenses	$1,576,245	$1,571,296	+0.0%
Net Income	$645,788	$933,615	-0.3%

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

N/A

Employees

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SARWAT ALI	CHAIRMAN EME	1.00	Director	$0	$0	$0
DR MOHSIN ALI	DIRECTOR	1.00	Director	$0	$0	$0
MRS PARWEEN ALI	DIRECTOR	1.00	Director	$0	$0	$0
DR ASGHAR KHARAZI PH D	VICE PRESIDE	3.00	Director	$0	$0	$0
DR PARVIZ HAMEDANI	PRESIDENT	3.00	Director	$0	$0	$0
DR AFTAB HUSAIN	VICE CHAIRMA	3.00	Director	$0	$0	$0
DR IQBAL H JAFRI	CHAIRMAN	3.00	Director	$0	$0	$0
DR ZAFAR JAFRI	DIRECTOR	1.00	Director	$0	$0	$0
MR IQBAL NAQVI	DIRECTOR	1.00	Director	$0	$0	$0
DR SMN RIZVI	DIRECTOR	1.00	Director	$0	$0	$0
MR SYED BAQIR RIZVI	DIRECTOR	1.00	Director	$0	$0	$0
DR ASAD SADIQ	DIRECTOR	1.00	Director	$0	$0	$0
MR SYED UROOJ AFTAB	JOINT TREASU	3.00	Officer	$0	$0	$0
MR MUSTAFA KARIM	SECRETARY	3.00	Officer	$0	$0	$0
MR NISAR A KERMALLI	TREASURER	3.00	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	$2,222,033	$1,576,245	$14,028,036	$645,788
2023	$2,504,911	$1,571,296	$12,839,041	$933,615
2022	$1,711,494	$1,277,258	$12,369,622	$434,236
2021	$1,328,234	$817,156	$11,328,320	$511,078
2020	$1,331,575	$809,842	$8,972,422	$521,733
2019	$1,541,046	$890,959	$8,452,589	$650,087
2018	$1,270,447	$1,116,648	$7,969,958	$153,799

MUSLIM FOUNDATION INC