DARUL QASIM (EIN 364398970) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Phone

6306773912

Tax Period

2024-01-01 to 2024-12-31

DARUL QASIM, founded in 2000, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.5M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO FACILITATE THE LEARNING AND IMPARTING OF KNOKLEDGE DERIVED FROM PROPHETHOOD OF MUHAMMAD , ARABIC LANGUAGE AND RELIGIOUS EDUCATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,898,238

Program Service Revenue $752,201

Investment Income $45,979

Other Revenue $0

TOTAL REVENUE $2,696,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,551,693

Fundraising Expenses $51,744

Program Expenses $1,569,416

Other Expenses $1,926,505

TOTAL EXPENSES $3,478,198

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,696,418	$3,290,091	-0.2%
Expenses	$3,478,198	$2,521,697	+0.4%
Net Income	$-781,780	$768,394	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$209,869

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOHAMMED A KHOLWADIA	PRESIDENT	40.00	Officer Highest	$209,869	$0	$209,869
JUNAID ZUBAIRI	SECRETARY	5.00	Officer	$0	$0	$0
RAFI SYED	TREASURER	5.00	Officer	$0	$0	$0
AHSAN AROZULLAH	OFFICER 4	5.00	Officer	$0	$0	$0
ZAMIR SYED	COORDINATOR	5.00	Officer	$0	$0	$0
S MURTUZA HUSSANI	OFFICER 5	5.00	Officer	$0	$0	$0
SAIF GHOUSE	DIRECTOR	5.00	Director	$0	$0	$0
JAVEED CHIDA	DIRECTOR	5.00	Director	$0	$0	$0
FAISAL HABIB	DIRECTOR	5.00	Director	$0	$0	$0
IRSHAAD AHMED	DIRECTOR	5.00	Director	$0	$0	$0
NAHEED HASHMI	DIRECTOR	3.00	Director	$0	$0	$0
AKBAR ALI	DIRECTOR	3.00	Director	$0	$0	$0
UMAR SHAKUR	DIRECTOR	3.00	Director	$0	$0	$0
CHOUKRI HADDOUCHI	DIRECTOR	3.00	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	$2,696,418	$3,478,198	$9,553,323	$-781,780
2023	$3,290,091	$2,521,697	$10,259,811	$768,394
2022	$2,163,299	$1,737,039	$8,135,397	$426,260
2021	$2,159,532	$1,422,808	$5,976,824	$736,724
2020	$1,969,251	$1,201,757	$5,277,589	$767,494
2019	$1,200,508	$971,452	$4,014,368	$229,056
2018	$1,099,487	$929,828	$3,239,654	$169,659

DARUL QASIM