Carriers of Light (EIN 452159887) - 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

2010

Legal Domicile

Principal Officer

Mir Y Ali

Phone

6304741265

Tax Period

2023-01-01 to 2023-12-31

Carriers of Light, founded in 2010, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $448K, a strong 35% operating margin.

Mission

Carriers of Light inspires our students to make the study of Quran part of their daily lives, a lifelong endeavor started in their youth, along with, not instead of, their academic studies and other activities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $402,898

Program Service Revenue $871,237

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,274,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $497,890

Fundraising Expenses $11,725

Program Expenses $732,836

Other Expenses $328,099

TOTAL EXPENSES $825,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,274,135	$944,310	+0.3%
Expenses	$825,989	$719,372	+0.1%
Net Income	$448,146	$224,938	+1.0%

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
Mir Y Ali	President	10.00	Officer	$0	$0	$0
Mehreen Bawla	Secretary	15.00	Officer	$0	$0	$0
Rand Diab	Treasurer	15.00	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	$1,274,135	$825,989	$1,943,773	$448,146
2022	$944,310	$719,372	$1,505,558	$224,938
2021	$904,881	$571,084	$1,401,599	$333,797
2020	$800,846	$597,848	$1,218,912	$202,998
2019	$797,533	$644,128	$1,256,574	$153,405
2018	$690,766	$511,452	$1,227,974	$179,314

Carriers of Light