IQRA INSTITUTE (EIN 461346838) - 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

2016

Legal Domicile

Principal Officer

BILAL BAQAI

Phone

4843699636

Tax Period

2023-01-01 to 2023-12-31

IQRA INSTITUTE, founded in 2016, is a small nonprofit in the Religion sector that reported $603K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $577K left a modest 4% surplus.

Mission

IQRA Institute focuses on improving the lives of others through education, community activities, and social services. Our motto is simple. Knowledge. Ehsan. Community.

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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 $24,014

Program Service Revenue $482,447

Investment Income $0

Other Revenue $96,101

TOTAL REVENUE $602,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,797

Fundraising Expenses $0

Other Expenses $428,629

TOTAL EXPENSES $577,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$602,562	$457,479	+0.3%
Expenses	$577,081	$464,576	+0.2%
Net Income	$25,481	$-7,097	-4.6%

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

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
BILAL BAQAI	PRESIDENT	012.00	Officer 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	$602,562	$577,081	$32,688	$25,481
2022	$457,479	$464,576	$7,207	$-7,097
2021	$390,317	$394,658	$14,304	$-4,341
2020	$316,714	$300,896	$18,645	$15,818

IQRA INSTITUTE