Al-Rasheed Academy

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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

Principal Officer

Anwar Al-Kalai

Phone

7168220440

Tax Period

2024-08-01 to 2025-07-31

Al-Rasheed Academy, founded in 2012, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Al-Rasheed Academy will provide each student with a safe, healthy, nurturing Islamic learning environment facilitated by skilled,creative and highly motivated professionals who promote lifelong learning.

Program Service Accomplishments

Program 1

Expenses: $1,024,652 Revenue: $1,134,517

Continuing to grow the after school program form prior year for our students for Math and ELA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,134,517

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,134,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $999,847

Fundraising Expenses $0

Program Expenses $1,024,652

Other Expenses $126,474

TOTAL EXPENSES $1,126,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,134,517	$1,023,567	+0.1%
Expenses	$1,126,321	$1,037,380	+0.1%
Net Income	$8,196	$-13,813	-1.6%

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
Anwar Al-Kalai	Chairman	40.00	Officer Key Emp	$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
2025	$1,134,517	$1,126,321	$29,527	$8,196
2024	$1,023,567	$1,037,380	$21,331	$-13,813
2023	$974,906	$865,728	$45,058	$109,178
2022	$609,638	$606,270	$25,966	$3,368
2021	$376,428	$440,605	$22,598	$-64,177
2018	$444,365	$455,902	$26,637	$-11,537