Almustaqbal Foundation Inc (EIN 452578462) - 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

2010

Legal Domicile

Principal Officer

Anwar Al-Kalai

Tax Period

2023-08-01 to 2024-07-31

Almustaqbal Foundation Inc, founded in 2010, is a small nonprofit in the Education sector that reported $457K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 142% operating deficit.

Mission

Provide and support Islamic education. The organization has programs, activities and homeschooling for local students and provides support to the Al-Rasheed Academy.

🔒

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 $457,425

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $457,425

Expense Breakdown

Grants Paid $992,315

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,087,722

Other Expenses $112,455

TOTAL EXPENSES $1,104,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$457,425	$567,062	-0.2%
Expenses	$1,104,770	$1,256,544	-0.1%
Net Income	$-647,345	$-689,482	-0.1%

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

N/A

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
Anwar Al-Kalai	Chairman	10.00	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	$457,425	$1,104,770	$427,888	$-647,345
2023	$567,062	$1,256,544	$1,075,233	$-689,482
2022	$1,246,117	$1,039,724	$1,764,715	$206,393
2021	$1,564,813	$871,527	$1,558,322	$693,286
2020	$1,440,793	$650,958	$865,036	$789,835
2019	$12,501	$12,727	$75,201	$-226
2018	$43,303	$44,551	$75,427	$-1,248

Almustaqbal Foundation Inc