DOWNTOWN ISLAMIC CENTER (EIN 363144141) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

FAROOQ RAHMAN

Phone

6307772184

Tax Period

2024-01-01 to 2024-12-31

DOWNTOWN ISLAMIC CENTER, founded in 1999, is a small nonprofit that reported $326K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $501K exceeded revenue, resulting in a 54% operating deficit.

Mission

RELIGIOUS AND CHARITABLE OPERATING AS PLACE OF WORSHIP

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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 $405,805

Program Service Revenue $0

Investment Income $100,911

Other Revenue $-180,715

TOTAL REVENUE $326,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,344

Fundraising Expenses $0

Program Expenses $245,744

Other Expenses $419,880

TOTAL EXPENSES $501,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,001	$497,141	-0.3%
Expenses	$501,224	$458,670	+0.1%
Net Income	$-175,223	$38,471	-5.6%

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

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
MOHAMMED KAISERUDDIN	CHAIRMAN	15.00	Director	$0	$0	$0
SANA KHAN	SECRETARY	15.00	Director	$0	$0	$0
NAHEED ADHAMI	TREASURER	15.00	Director	$0	$0	$0
SYED S KHAN	BOARD MEMBER	5.00	Director	$0	$0	$0
KHALED ABUGHAZALEH	BOARD MEMBER	3.00	Director	$0	$0	$0
ABDULLAH ANSARI	BOARD MEMBER	5.00	Director	$0	$0	$0
JABER RANA	BOARD MEMBER	3.00	Director	$0	$0	$0
MAQSOOD QUADRI	BOARD MEMBER	5.00	Director	$0	$0	$0
SAMEER QAZI	BOARD MEMBER	3.00	Director	$0	$0	$0
ANTHONY SIMPKINS	BOARD MEMBER	3.00	Director	$0	$0	$0
ADNAN SHAFI	BOARD MEMBER	3.00	Director	$0	$0	$0
MOHAMMED JALALUDDIN	BOARD MEMBER	5.00	Director	$0	$0	$0
FAROOQ RAHMAN	BOARD MEMBER	10.00	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	$326,001	$501,224	$5,524,299	$-175,223
2023	$497,141	$458,670	$5,269,570	$38,471
2022	$394,358	$279,716	$4,665,400	$114,642
2021	$742,878	$337,201	$5,246,632	$405,677
2020	$587,794	$346,802	$4,840,773	$240,992
2019	$715,195	$429,321	$4,601,299	$285,874
2018	$606,027	$466,309	$4,316,528	$139,718

DOWNTOWN ISLAMIC CENTER