MCGP FOUNDATION INC (EIN 263474214) - 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

2008

Legal Domicile

Principal Officer

TAHIR ZAFAR

Phone

6093367602

Tax Period

2024-01-01 to 2024-12-31

MCGP FOUNDATION INC, founded in 2008, is a small nonprofit in the Religion sector that reported $750K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $456K, a strong 61% operating margin.

Mission

The Institute of Islamic Studies is a religious and educational non-profit organization where all activities are guided by the teachings of Islam according to the holy Quran and Sunnah of the Prophet Muhammad SWS.Our mission is to learn and Create awareness about the true teachings of Islam and to live in love.

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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 $730,883

Program Service Revenue $3,450

Investment Income $15,645

Other Revenue $0

TOTAL REVENUE $749,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,525

Fundraising Expenses $0

Program Expenses $287,568

Other Expenses $266,644

TOTAL EXPENSES $294,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	$749,978	$1,951,991	-0.6%
Expenses	$294,169	$329,612	-0.1%
Net Income	$455,809	$1,622,379	-0.7%

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

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
TAHIR ZAFAR	PRESIDENT	005.00	Officer Director	$0	$0	$0
ZIAUR RAHMAN	TREASURER	005.00	Officer Director	$0	$0	$0
QAISER H USMANI	SECRETARY	005.00	Officer Director	$0	$0	$0
SHAFIQ AHMED	BOARD MEMBER	005.00	Director	$0	$0	$0
AMIR MEMON	BOARD MEMBER	005.00	Director	$0	$0	$0
SAJID SYED	BOARD MEMBER	005.00	Director	$0	$0	$0
ZAKARIA MANIYA	BOARD MEMBER	005.00	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
2024	$749,978	$294,169	$15,735,879	$455,809
2023	$1,951,991	$329,612	$15,665,627	$1,622,379
2022	$469,020	$307,614	$12,534,363	$161,406
2021	$613,593	$312,699	$12,801,045	$300,894
2020	$645,009	$384,621	$11,303,050	$260,388
2019	$1,304,772	$425,853	$10,951,869	$878,919
2018	$929,074	$565,738	$10,072,950	$363,336

MCGP FOUNDATION INC