OASIS INITIATIVE FOUNDATION

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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

2012

Legal Domicile

Principal Officer

FAISAL GHIAS

Phone

8474173056

Tax Period

2024-01-01 to 2024-12-31

OASIS INITIATIVE FOUNDATION, founded in 2012, is a community nonprofit in the Religion sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 5% surplus.

Mission

RELIGION CLASSES FOR MUSLIM AMERICANS

Program Service Accomplishments

Program 1

Expenses: $1,550,643 Revenue: $845,326

THE OASIS INITIATIVE FOUNDATION PROVIDES RELIGIOUS EDUCATION CLASSES TO HELP AMERICAN MUSLIMS DEEPEN THEIR UNDERSTANDING OF ISLAM THROUGH THE RICH TRADITIONS OF THE FAITH.PROGRAMS SUCH AS MATTERS OF...

Program 2

Expenses: $604,938 Revenue: $769,237

THE OASIS INITIATIVE FOUNDATION PROMOTES RELIGIOUS LITERACY AND LEARNING BY OFFERING TRUSTED SCHOLARSHIP AND MENTORSHIP ON ISLAMIC THEOLOGY, SACRED LAW, AND SPIRITUALITY. THE ORGANIZATION PROVIDES...

THE OASIS INITIATIVE FOUNDATION PROMOTES RELIGIOUS LITERACY AND LEARNING BY OFFERING TRUSTED SCHOLARSHIP AND MENTORSHIP ON ISLAMIC THEOLOGY, SACRED LAW, AND SPIRITUALITY. THE ORGANIZATION PROVIDES CLASSES, LECTURES, AND SMALL-GROUP STUDY CIRCLES THAT HELP MEMBERS OF THE MUSLIM COMMUNITY AND PEOPLE OF OTHER FAITH TRADITIONS UNDERSTAND THE ISLAMIC TRADITION AND ITS APPLICATION TO CONTEMPORARY LIFE. THE OASIS INITIATIVE FOUNDATION ALSO CREATES OPPORTUNITIES FOR SERVICE BY ENCOURAGING PARTICIPANTS TO TRANSLATE LEARNING INTO COMPASSIONATE ACTION FOR THEIR FAMILIES, NEIGHBORHOODS, AND WIDER SOCIETY.

Program 3

Expenses: $627,802 Revenue: $1,327,937

ZAKAT IS THE ISLAMIC PRACTICE OF CHARITABLE GIVING TO SUPPORT LOCAL AND GLOBAL COMMUNITIES. ZAKAT IS OBLIGATORY FOR ALL WHO ARE ABLE TO GIVE. WITHIN ISLAM, IT IS CONSIDERED A PERSONAL RESPONSIBILITY...

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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 $157,053

Program Service Revenue $1,642,498

Investment Income $0

Other Revenue $1,338,331

TOTAL REVENUE $3,137,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,967

Fundraising Expenses $10,625

Program Expenses $2,828,469

Other Expenses $2,898,966

TOTAL EXPENSES $2,988,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,137,882	$1,462,031	+1.1%
Expenses	$2,988,933	$1,538,894	+0.9%
Net Income	$148,949	$-76,863	-2.9%

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

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

$78,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR UMAR FARUQ ABD-ALLAH	DIRECTOR	50.00	Director	$78,000	$0	$78,000
MANSOOR PANAWALA	Chairman	0.00	Officer Director	$0	$0	$0
FAISAL GHIAS	Executive Director	0.00	Officer Director	$0	$0	$0
ZACHAREA KATERJI	DIRECTOR	0.00	Director	$0	$0	$0
NOOR KHAN	Member	0.00	Officer	$0	$0	$0
SAMIRAH ABD-ALLAH	Member	0.00	Officer	$0	$0	$0
SANA SYED	Member	0.00	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
2024	$3,137,882	$2,988,933	$859,284	$148,949
2023	$1,462,031	$1,538,894	$696,665	$-76,863
2022	$1,258,354	$1,214,498	$769,146	$43,856
2022	$1,258,354	$1,214,498	$769,146	$43,856
2021	$811,524	$778,683	$705,926	$32,841
2020	$771,897	$328,752	$671,059	$443,145
2019	$403,891	$324,762	$231,845	$79,129
2018	$448,631	$385,693	$152,716	$62,938
2017	$419,603	$389,597	$89,778	$30,006