ISLAMIC EDUCATION FOUNDATION O (EIN 223382037) - 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

1995

Legal Domicile

Principal Officer

SAEED ABBASSI

Tax Period

2023-09-01 to 2024-08-31

ISLAMIC EDUCATION FOUNDATION O, founded in 1995, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $5.0M left a modest 5% surplus.

Mission

FULL TIME SCHOOL FROM PRE-K THROUGH 12 GRADE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $217,491

Program Service Revenue $4,903,168

Investment Income $0

Other Revenue $124,517

TOTAL REVENUE $5,245,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,228,135

Fundraising Expenses $0

Program Expenses $4,981,072

Other Expenses $1,754,109

TOTAL EXPENSES $4,982,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,245,176	$4,637,834	+0.1%
Expenses	$4,982,244	$4,281,367	+0.2%
Net Income	$262,932	$356,467	-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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAEED ABBASSI	BOARD CHAIRMAN	10	Director	$0	$0	$0
AHMED SHEDEED	V. CHAIRMAN	10	Director	$0	$0	$0
AHMAD QATANANI	MEMBER	10	Director	$0	$0	$0
KARIM MAASARA	TREASURER	10	Director	$0	$0	$0
AMEER ABUAWADE	MEMBER	10	Director	$0	$0	$0
SUHA SIAM	MEMBER	10	Director	$0	$0	$0
HASSAN MAHMOOD	MEMBER	10	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
2025	No data	No data	No data	No data
2024	$5,245,176	$4,982,244	$3,081,086	$262,932
2023	$4,637,834	$4,281,367	$5,926,529	$356,467
2022	$4,370,006	$3,790,928	$2,513,070	$579,078
2021	$3,661,999	$3,729,491	$1,687,299	$-67,492
2020	$3,240,266	$3,612,105	$1,500,490	$-371,839

ISLAMIC EDUCATION FOUNDATION O