AMERICAN ISMAILI CHAMBER OF COMMERC

EIN: 453727138 Community Improvement

HOUSTON, TX

Total Revenue
$54,118
Total Expenses
$110,581
Total Assets
$168,916
Net Assets
$168,916
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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
TX
Principal Officer
JALAL RASYANI
Phone
2812756850
Tax Period
2023-01-01 to 2023-12-31

AMERICAN ISMAILI CHAMBER OF COMMERC, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $54K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $111K exceeded revenue, resulting in a 104% operating deficit.

Mission

AMERICAN ISMAILI CHAMBER OF COMMERCE PROMOTES SUSTAINABLE ECONOMIC AND SOCIAL DEVELOPMENT FOR ISMAILI MUSLIM ENTREPRENEURS AND PROFESSIONALS ACROSS THE U.S. BY SERVING AS A PLATFORM FOR NETWORKING, SHARING PROFESSIONAL KNOWLEDGE, ENHANCING BUSINESS SKILLS, AND FACILITATING NEW BUSINESS OPPORTUNITIES

Program Service Accomplishments

Program 1

AMERICAN ISMAILI CHAMBER OF COMMERCE PROMOTES SUSTAINABLE ECONOMIC AND SOCIAL DEVELOPMENT FOR ISMAILI MUSLIM ENTREPRENEURS AND PROFESSIONALS ACROSS THE U.S. BY SERVING AS A PLATFORM FOR NETWORKING...

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AMERICAN ISMAILI CHAMBER OF COMMERCE PROMOTES SUSTAINABLE ECONOMIC AND SOCIAL DEVELOPMENT FOR ISMAILI MUSLIM ENTREPRENEURS AND PROFESSIONALS ACROSS THE U.S. BY SERVING AS A PLATFORM FOR NETWORKING, SHARING PROFESSIONAL KNOWLEDGE, ENHANCING BUSINESS SKILLS, AND FACILITATING NEW BUSINESS OPPORTUNITIES

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,046
Program Service Revenue $0
Investment Income $4,072
Other Revenue $0
TOTAL REVENUE $54,118

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,330
Fundraising Expenses $0
Other Expenses $8,251
TOTAL EXPENSES $110,581

Year-over-Year Comparison

2023 2022 Change
Revenue $54,118 $45,558 +0.2%
Expenses $110,581 $115,127 0.0%
Net Income $-56,463 $-69,569 -0.2%
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

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Governance

Voting Members
7
Independent Members
6
Employees
1
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
1
$95,000
Total Directors
7
$95,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JALAL RASYANI ASSISTANT DI 40.00
Officer Director
$95,000 $0 $95,000
AMYN ALIDINA BOARD MEMBER 5.00
Director
$0 $0 $0
SALMAN BHOJANI BOARD MEMBER 5.00
Director
$0 $0 $0
RAHIL JAFRY BOARD MEMBER 5.00
Director
$0 $0 $0
ABDULLAH KURWA BOARD MEMBER 5.00
Director
$0 $0 $0
HAKIM MERCHANT BOARD MEMBER 5.00
Director
$0 $0 $0
AKBAR POONAWALA CHAIRMAN OF 5.00
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 $54,118 $110,581 $168,916 $-56,463
2022 $45,558 $115,127 $229,128 $-69,569
2021 $86,875 $114,891 $298,698 $-28,016
2020 $165,594 $116,813 $326,714 $48,781
2019 $162,038 $117,220 $274,183 $44,818
2018 $422,340 $304,015 $230,685 $118,325
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