ISLAMIC HOUSE OF WISDOM INC (EIN 383223866) - 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

1995

Legal Domicile

Principal Officer

Imam Mohammed Ali Elahi

Tax Period

2023-01-01 to 2023-12-31

ISLAMIC HOUSE OF WISDOM INC, founded in 1995, is a small nonprofit in the Religion sector that reported $842K in total revenue in fiscal year 2023. Revenue surged 101% from the prior year, signaling strong growth momentum. Net assets of $2.1M represent 30 months of operating reserves.

Mission

PROVIDE ASSISTANCE AND CHARITY FOR THE POOR & NEEDY

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $841,864

Program Service Revenue $0

Investment Income $14

Other Revenue $0

TOTAL REVENUE $841,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,353

Fundraising Expenses $0

Program Expenses $885,954

Other Expenses $750,601

TOTAL EXPENSES $885,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$841,878	$419,482	+1.0%
Expenses	$885,954	$591,957	+0.5%
Net Income	$-44,076	$-172,475	-0.7%

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

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
JEHAD SAFA	TREASURER	2.00	Officer Director	$0	$0	$0
JENNIFER OLES	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID ZAIN	PresidentChairman Executive	2.00	Officer Director	$0	$0	$0
Imam Mohammed Ali Elahi	PRESIDENT	40.00	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	$841,878	$885,954	$2,113,060	$-44,076
2022	$419,482	$591,957	$1,661,258	$-172,475
2021	$600,732	$441,620	$1,890,585	$159,112
2020	$400,561	$411,735	$1,895,139	$-11,174
2019	$534,485	$485,811	$1,899,850	$48,674
2018	$416,927	$427,445	$1,864,394	$-10,518

ISLAMIC HOUSE OF WISDOM INC