NEXT WAVE MUSLIM INITIATIVE INC (EIN 452984068) - 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

2011

Legal Domicile

Principal Officer

ZEKI MOKHTARZADA

Phone

3015933440

Tax Period

2023-01-01 to 2023-12-31

NEXT WAVE MUSLIM INITIATIVE INC, founded in 2011, is a small nonprofit in the Religion sector that reported $323K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 31% operating margin.

Mission

TO BUILD A DIVERSE AMERICAN MUSLIM COMMUNITY THAT NURTURES THE NEXT GENERATION. RELIGIOUS AND SPIRITUAL PROGRAMING.

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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 $271,116

Program Service Revenue $51,743

Investment Income $0

Other Revenue $0

TOTAL REVENUE $322,859

Expense Breakdown

Grants Paid $5,174

Salaries & Benefits $28,204

Fundraising Expenses $0

Program Expenses $154,949

Other Expenses $189,469

TOTAL EXPENSES $222,847

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,859	$201,134	+0.6%
Expenses	$222,847	$288,347	-0.2%
Net Income	$100,012	$-87,213	-2.1%

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
ZEKI MOKHTARZADA	BOARD PRESIDENT	3	Officer	$0	$0	$0
ALI ESFAHANI	BOARD VICE PRESIDENT	3	Officer	$0	$0	$0
HALEEMA REHMAN	TREASURER	3	Officer	$0	$0	$0
TABASSUM MAJID	SECRETARY	3	Officer	$0	$0	$0
ZAINAB KHABIR	TRUSTEE	3	Director	$0	$0	$0
AAMIR NOORUDDIN	TRUSTEE	3	Director	$0	$0	$0
KHALIL GHARBIEH	TRUSTEE	3	Director	$0	$0	$0
TANNAZ HADDAD	TRUSTEE	3	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	No data	No data	No data	No data
2023	$322,859	$222,847	$340,989	$100,012
2022	$201,134	$288,347	$234,187	$-87,213
2021	$244,610	$218,881	$325,126	$25,729
2020	$145,923	$79,758	$297,914	$66,165
2019	$241,358	$175,484	$232,322	$65,874
2018	$264,712	$157,379	$166,349	$107,333

NEXT WAVE MUSLIM INITIATIVE INC