ALLAMA IQBAL MEDICAL COLLEGE ALUMN… - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

Asif Mahmood

Phone

4079633110

Tax Period

2023-01-01 to 2023-12-31

ALLAMA IQBAL MEDICAL COLLEGE ALUMNI ASSOC OF NORTH AMERICA INC, founded in 2011, is a small nonprofit in the Education sector that reported $140K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $51K, a strong 37% operating margin.

Mission

The primary purpose of the organization is to provide a forum for professional and social interaction among Allama Iqbal Medical College Lahore, Pakistan Graduates

Program Service Accomplishments

Program 1

Expenses: $85,320

Assistance to 18 medical graduates

Program 2

Expenses: $3,560

Website maintenance

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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 $140,266

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $140,266

Expense Breakdown

Grants Paid $85,230

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,940

Other Expenses $3,710

TOTAL EXPENSES $88,940

Year-over-Year Comparison

	2023	2022	Change
Revenue	$140,266	$236,674	-0.4%
Expenses	$88,940	$322,019	-0.7%
Net Income	$51,326	$-85,345	-1.6%

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

158

Independent Members

N/A

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
ASIF MAHMOOD	EXECUTIVE DIRECTOR	002.00	Officer Director	$0	$0	$0
SAQIB SHEIKH	PRESIDENT	001.00	Officer Director	$0	$0	$0
UMER KHAN	PRESIDENT ELECT	001.00	Officer Director	$0	$0	$0
FAZAL A ALI	SECRETARY	001.00	Officer Director	$0	$0	$0
HASAN KALEEM	TREASURER	001.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$140,266	$88,940	$377,256	$51,326
2022	$236,674	$322,019	$334,039	$-85,345
2021	$179,228	$77,746	$480,780	$101,482
2020	$119,120	$68,959	$344,052	$50,161
2019	$145,361	$76,875	$329,223	$68,486
2018	$105,014	$190,867	$231,501	$-85,853

ALLAMA IQBAL MEDICAL COLLEGE ALUMNI ASSOC OF NORTH AMERICA INC