BOSNIAN ISLAMIC COMMUNITY ERIE 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

Principal Officer

MIRZET DURIC

Phone

8142185918

Tax Period

2024-01-01 to 2024-12-31

BOSNIAN ISLAMIC COMMUNITY ERIE INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $650K represent 50 months of operating reserves.

Mission

THE ORGANIZATION PROVIDES A COMMUNITY CENTER AND MOSQUE THAT SERVICES RELIGIOUS GROUPS AND PROVIDES RELIGIOUS AND SOCIAL ACTIVITIES TO THE MEMBERS AND GENERAL PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $68,167 Revenue: $34,587

THE ORGANIZATION WAS SUCCESSFUL IN ACHIEVING ITS MISSION BY SERVICING RELIGIOUS GROUPS AND BY PROVIDING RELIGIOUS AND SOCIAL ACTIVITIES TO THE MEMBERS AND GENERAL PUBLIC.

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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 $155,405

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $155,405

Expense Breakdown

Grants Paid $22,750

Salaries & Benefits $51,086

Fundraising Expenses $0

Program Expenses $68,167

Other Expenses $52,585

TOTAL EXPENSES $159,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,405	$197,658	-0.2%
Expenses	$159,868	$189,149	-0.2%
Net Income	$-4,463	$8,509	-1.5%

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

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
MIRZET DURIC	PRESIDENT	10.00	Officer	$0	$0	$0
DENIS COMIC	TREASURER	10.00	Officer	$0	$0	$0
EMIR HRNJIC	SECRETARY	10.00	Officer	$0	$0	$0
SAMIR FEJZIC	VICE PRESIDENT	10.00	Officer	$0	$0	$0
MIRSAD KREMIC	BOARD MEMBER	10.00	Officer	$0	$0	$0
SAFET HAMZABEGOVIC	BOARD MEMBER	0.00	Officer	$0	$0	$0
MEHMEDALIJA BECIREVIC	BOARD MEMBER	0.00	Officer	$0	$0	$0
HASIM HRNJIC	BOARD 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	$155,405	$159,868	$650,430	$-4,463
2023	$197,658	$189,149	$654,893	$8,509
2022	$329,905	$220,733	$646,384	$109,172
2021	$203,502	$119,645	$537,213	$83,857