ISLAMIC COUNCIL OF OKLAHOMA

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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

2009

Legal Domicile

Principal Officer

KHALED MANSY

Phone

9187063595

Tax Period

2023-01-01 to 2023-12-31

Mission

THE MISSION OF ISLAMIC COUNCIL OF OKLAHOMA SHALL BE TO FOSTER THE SPIRIT OF UNITY AND UNDERSTANDING OF ISLAM AMONG MUSLIMS AND PEOPLE OF ALL FAITHS, TO REPRESENT MUSLIMS AT THE LOCAL AND STATE LEVELS BY PROMOTING ISLAMIC VALUES AND TO ENHANCE THEIR QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $489

THE COUNCIL MAINTAINS A WEBSITE FOR INFORMATION AND COMMUNICATION PURPOSES.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $489

Other Expenses $489

TOTAL EXPENSES $489

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$2,400	-1.0%
Expenses	$489	$520	-0.1%
Net Income	N/A	$1,880	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

N/A

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
FARID ELYAZGI	PRESIDENT	1.00	Officer	$0	$0	$0
MOHAMED FAKHR	SECRETARY	1.00	Officer	$0	$0	$0
KHALED MANSY	TREASURER	1.00	Officer	$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
2023	No data	$489	$12,244	No data
2022	$2,400	$520	$12,733	$1,880
2021	No data	$5,311	$10,853	No data
2020	No data	$500	$16,164	No data