OULA INC

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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

Phone

8562297184

Tax Period

2024-01-01 to 2024-12-31

OULA INC, founded in 2010, is a small nonprofit in the Education sector that reported $475K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum.

Mission

TO FOSTER, PROMOTE AND PROVIDE CHARITABLE AND CULTURAL PROGRAMMING AS SERVICES TO THE LOCAL COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $124,737

THE ORGANIZATION PROVIDES VARIOUS SOCIAL AND EDUCATIONAL EVENTS AS ISLAMIC SCHOOL AND RAMADAN ACADEMY PROGRAMS FOR CHILDREN THROUGHOUT THE YEAR, INCLUDING YOUTH GROUPS, BREAKFASTS, AND CULTURAL STUDY CLASSES. THE ORGANIZATION PROVIDES VARIOUS HOLIDAY EVENTS FOR ADULTS AND CHILDREN THROUGHOUT THE YEAR, INCLUDING FESTIVITIES FOR RAMADAN AND UMRAH.

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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 $474,698

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $474,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,010

Fundraising Expenses $0

Program Expenses $124,737

Other Expenses $289,381

TOTAL EXPENSES $495,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$474,698	$273,377	+0.7%
Expenses	$495,391	$466,860	+0.1%
Net Income	$-20,693	$-193,483	-0.9%

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	Role	Reportable Comp	Other Comp	Total
ASEEM KHAN	PRESIDENT	Officer Director	$0	$0	$0
JUBRIL OYEYEMI	TRUSTEE	Officer Director	$0	$0	$0
EAJAZ RAWOOF	VICE PRESIDENT	Officer Director	$0	$0	$0
MUHAMMAD A KHAN	TREASURER	Officer Director	$0	$0	$0
SHAHEER MECCI	SECRETARY	Officer 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	$474,698	$495,391	$362,739	$-20,693
2023	$273,377	$466,860	$383,725	$-193,483
2022	$397,262	$392,782	$577,284	$4,480
2021	$551,395	$325,517	$579,336	$225,878
2020	$384,217	$268,669	$513,368	$115,548
2019	$553,460	$494,405	$366,692	$59,055
2018	$485,506	$509,176	$443,805	$-23,670