IQRA INTERNATIONAL EDUCATIONAL FOU… - 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

1983

Legal Domicile

Principal Officer

TASNEEMA GHAZI

Phone

8476734072

Tax Period

2024-01-01 to 2024-12-31

IQRA INTERNATIONAL EDUCATIONAL FOUNDATION, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $968K left a modest 5% surplus.

Mission

THE FOUNDATION FOSTERS AND PROMOTE THE DEVELOPMENT, KNOWLEDGE AND ADVANCEMENT OF EDUCATION OF THE TEACHINGS OF THE ISLAMIC RELIGION THROUGHOUT THE WORLD

Program Service Accomplishments

Program 1

Expenses: $877,755

The foundation promotes the development, knowledge and advancement of education of the teachings of the Islamic religion throughout the world.

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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 $79,858

Program Service Revenue $936,240

Investment Income $0

Other Revenue $16

TOTAL REVENUE $1,016,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,738

Fundraising Expenses $0

Program Expenses $877,755

Other Expenses $677,584

TOTAL EXPENSES $968,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,016,114	$931,581	+0.1%
Expenses	$968,322	$869,496	+0.1%
Net Income	$47,792	$62,085	-0.2%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TASNEEMA GHAZI	EXECUTIVE DIRECTOR	040.00	Officer Director Key Emp	$0	$0	$0
HABEEB QUADRI	DIRECTOR	001.00	Director	$0	$0	$0
SAMANA KHAN	DIRECTOR	001.00	Director	$0	$0	$0
SYED K HUSSAIN	DIRECTOR	001.00	Director	$0	$0	$0
SHAHID SIDDIQUI	DIRECTOR	001.00	Director	$0	$0	$0
RASHID GHAZI	DIRECTOR	001.00	Director	$0	$0	$0
SUHAIB GHAZI	DIRECTOR	001.00	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	$1,016,114	$968,322	$1,352,808	$47,792
2023	$931,581	$869,496	$1,305,016	$62,085
2022	$913,635	$939,156	$1,199,548	$-25,521
2021	$947,573	$918,233	$1,351,475	$29,340
2020	$540,935	$706,685	$1,393,496	$-165,750
2019	$911,888	$936,962	$1,496,815	$-25,074
2018	$977,964	$1,046,421	$1,575,472	$-68,457

IQRA INTERNATIONAL EDUCATIONAL FOUNDATION