FOLSOM EDUCATIONAL ACADEMY (EIN 452888782) - 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

2012

Legal Domicile

Phone

9259170832

Tax Period

2023-01-01 to 2023-12-31

FOLSOM EDUCATIONAL ACADEMY, founded in 2012, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 10% surplus.

Mission

TO MEET THE EDUCATIONAL NEEDS OF THE MUSLIM CHILDREN LIVING WITHIN THE GREATER FOLSOM AREA.

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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 $200,124

Program Service Revenue $1,254,464

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,454,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,051,819

Fundraising Expenses $0

Program Expenses $1,310,855

Other Expenses $259,036

TOTAL EXPENSES $1,310,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,454,588	$1,203,778	+0.2%
Expenses	$1,310,855	$1,111,286	+0.2%
Net Income	$143,733	$92,492	+0.6%

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

200

Independent Members

N/A

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
ATEEQ AHMED	President	4.00	Officer	$0	$0	$0
SCHINTHIA ISLAM	Treasurer	4.00	Officer	$0	$0	$0
ZEESHAN SARWAR	Secretary	4.00	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	$1,454,588	$1,310,855	$573,217	$143,733
2022	$1,203,778	$1,111,286	$429,484	$92,492
2021	$960,432	$830,469	$368,562	$129,963
2020	$598,784	$669,111	$341,284	$-70,327
2019	$683,781	$621,824	$308,926	$61,957
2018	$502,125	$516,326	$246,969	$-14,201

FOLSOM EDUCATIONAL ACADEMY