FALAK EDUCATION SOCIETY INC

EIN: 364484670 501(c)(3) Education

NAPERVILLE, IL

Total Revenue
$36,140
Total Expenses
$11,004
Total Assets
$162,213
Net Assets
$162,213
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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
2001
Legal Domicile
IL
Principal Officer
KALEEM M KHAN
Phone
6306604200
Tax Period
2023-01-01 to 2023-12-31

FALAK EDUCATION SOCIETY INC, founded in 2001, is a micro nonprofit in the Education sector that reported $36K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $25K, a strong 70% operating margin.

Mission

EDUCATIONAL SERVICES AND VOCATIONAL TRAINING TO THE POOR.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,140
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $36,140

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,194
Other Expenses $11,004
TOTAL EXPENSES $11,004

Year-over-Year Comparison

2023 2022 Change
Revenue $36,140 $45,765 -0.2%
Expenses $11,004 $35,783 -0.7%
Net Income $25,136 $9,982 +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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMMED ABDUL BAQI DIRECTOR 4.00
Officer
$0 $0 $0
MOHAMMED GHOUSE DIRECTOR 4.00
Officer
$0 $0 $0
KALEEM M KHAN PRESIDENT 6.00
Officer
$0 $0 $0
MAHBOOB M KHAN SECRETARY 6.00
Officer
$0 $0 $0
MUMTAZ A KHAN DIRECTOR 2.00
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 No data No data No data No data
2023 $36,140 $11,004 $162,213 $25,136
2022 $45,765 $35,783 $137,077 $9,982
2021 $31,481 $31,644 $127,095 $-163
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