TAQ WAQF INC (EIN 270977938) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Afeef Khan

Phone

4108027131

Tax Period

2025-01-01 to 2025-12-31

TAQ WAQF INC, founded in 2022, is a small nonprofit in the Religion sector that reported $470K in total revenue in fiscal year 2023. Revenue surged 403% from the prior year, signaling strong growth momentum. The organization ran a surplus of $352K, a strong 75% operating margin.

Mission

TAQ Waqf Inc is a public charity and educational organization dedicated to producing and then widely promoting The Ascendant Qur'an exegesis and translation of the Qur'an to both Muslims and non-Muslims alike. Currently, the organizational effort is dedicated to: (1) completing the simplified version of the translation intended for young people and those who speak English as a second language; (2) producing audio and ePub editions of the translation work already completed; and (3) completing the remaining 25 volumes of the exegesis (14 volumes have already been completed and published).

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $63,842

Program Service Revenue $73

Investment Income $0

Other Revenue $1,223

TOTAL REVENUE $65,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,500

Fundraising Expenses $3,700

Program Expenses $86,025

Other Expenses $63,290

TOTAL EXPENSES $140,790

Year-over-Year Comparison

	2025	2024	Change
Revenue	$65,138	$65,138	N/A
Expenses	$140,790	$140,790	N/A
Net Income	$-75,652	$-75,652	N/A

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

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

$71,500

Total Directors

$77,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Afeef Khan	President	40	Officer Director	$0	$71,500	$71,500
Mohammad Asi	Director	30	Director	$0	$6,000	$6,000
Imran Khan	Director	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	$65,138	$140,790	$223,423	$-75,652
2024	No data	No data	No data	No data
2023	$470,420	$118,628	$369,110	$351,792

TAQ WAQF INC