BARAKAH MUSLIM CHARITY INC (EIN 464478039) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Phone

5853252621

Tax Period

2024-01-01 to 2024-12-31

BARAKAH MUSLIM CHARITY INC, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $507K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $435K left a modest 14% surplus.

Mission

THE CHARITY IS A LOCAL OUTREACH THAT PROVICES MATERIAL ASSISTANCE. THE ORGANIZATION OPERATES A FOOD PANTRY SERVING 300-400 FAMILIES PER MONTH. AN ANNUAL BACKPACK DRIVE TO PROVIDE SCHOOL SUPPLIES TO APPROXIMATELY 300 INDIVIDUALS. THE RAMADAN GIFT BASETS ARE AN ANNUAL GIVING FOR APPROXIMATELY 125 FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $505,418

Program Service Revenue $0

Investment Income $1,675

Other Revenue $0

TOTAL REVENUE $507,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,933

Fundraising Expenses $0

Program Expenses $366,823

Other Expenses $234,936

TOTAL EXPENSES $434,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$507,093	$337,115	+0.5%
Expenses	$434,869	$294,156	+0.5%
Net Income	$72,224	$42,959	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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
RIZAN SADIQUE	Trustee	1.00	Director	$0	$0	$0
IRSHAD ALTHEIMER	CHAIRPERSON	2.00	Director	$0	$0	$0
ABRAR SHAH	Secretary	1.00	Director	$0	$0	$0
HUMA KHAN	Treasurer	2.00	Director	$0	$0	$0
ABU SAEED ISLAM	VICE CHAIR	2.00	Director	$0	$0	$0
SAREER FAZILI	Trustee	1.00	Director	$0	$0	$0
CYMA MASOOM	Trustee	1.00	Director	$0	$0	$0
MUHAMMAD SHAFIQ	Trustee	1.00	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	$507,093	$434,869	$583,420	$72,224
2023	$337,115	$294,156	$503,947	$42,959
2022	$292,673	$267,331	$460,988	$25,342
2021	$277,269	$190,841	$435,645	$86,428
2020	$231,291	$164,504	$349,217	$66,787
2019	$200,203	$106,943	$282,430	$93,260

BARAKAH MUSLIM CHARITY INC