ISLAMIC RESOURCE GROUP (EIN 412017184) - 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

2001

Legal Domicile

Principal Officer

KHALIL HOURI

Phone

6123601640

Tax Period

2024-01-01 to 2024-12-31

ISLAMIC RESOURCE GROUP, founded in 2001, is a micro nonprofit in the Religion sector that reported $67K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 92% operating deficit.

Mission

IRG BUILT BRIDGES OF UNDERSTANDING BETWEEN MUSLIMS AND THE LARGER COMMUNITY BY DELIVERING HUNDREDS OF PRESENTATIONS AND REACHING THOUSANDS OF PEOPLE.

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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 $55,286

Program Service Revenue $3,596

Investment Income $8,275

Other Revenue $0

TOTAL REVENUE $67,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,965

Fundraising Expenses $2,292

Program Expenses $115,233

Other Expenses $58,778

TOTAL EXPENSES $128,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,157	$110,819	-0.4%
Expenses	$128,743	$110,222	+0.2%
Net Income	$-61,586	$597	-104.2%

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

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
RASHED FERDOURS	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
KHALIL HOURI	TREASURER	N/A	Officer Director	$0	$0	$0
ZAFAR SIDDIQUI	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
KEMAL BALIOGLU	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
MICHELLE SEKUSKY	BOARD MEMBER	N/A	Officer 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	$67,157	$128,743	$299,214	$-61,586
2023	$110,819	$110,222	$336,579	$597
2022	$105,784	$109,160	$290,746	$-3,376
2021	$85,838	$94,375	$333,806	$-8,537
2020	$109,882	$113,925	$311,202	$-4,043
2019	$143,238	$130,759	$310,832	$12,479

ISLAMIC RESOURCE GROUP