ISLAMIC CENTER OF NEW YORK STATE

EIN: 270707209 501(c)(3) Religion

BROOKLYN, NY

Total Revenue
$51,938
Total Expenses
$73,429
Total Assets
$852,278
Net Assets
$465,186
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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
2010
Legal Domicile
NY
Principal Officer
SHARIF UL ISLAM
Phone
3477015652
Tax Period
2024-01-01 to 2024-12-31

ISLAMIC CENTER OF NEW YORK STATE, founded in 2010, is a micro nonprofit in the Religion sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $73K exceeded revenue, resulting in a 41% operating deficit.

Mission

ISLAMIC EDUCATION AND COMMUNITY SERVICES

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,938
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $51,938

Expense Breakdown

Grants Paid $700
Salaries & Benefits $34,825
Fundraising Expenses $0
Other Expenses $37,904
TOTAL EXPENSES $73,429

Year-over-Year Comparison

2024 2023 Change
Revenue $51,938 $83,769 -0.4%
Expenses $73,429 $31,759 +1.3%
Net Income $-21,491 $52,010 -1.4%
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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARIF UL ISLAM PRESIDENT 020.00
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
2025 No data No data No data No data
2024 $51,938 $73,429 $852,278 $-21,491
2023 $83,769 $31,759 $486,677 $52,010
2022 $51,785 $16,351 $62,868 $35,434
2021 $29,250 $27,376 $27,434 $1,874
2020 $29,477 $15,206 $25,560 $14,271
2019 $5,200 $1,263 $11,289 $3,937
2018 $5,512 $9,487 $7,352 $-3,975
2017 $3,525 $3,666 $11,327 $-141
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