OKLAHOMA ISLAMIC SCHOOL FOUNDATION

EIN: 464736265 501(c)(3) Education

BROKEN ARROW, OK

Total Revenue
$522,738
Total Expenses
$488,779
Total Assets
$654,954
Net Assets
$654,954
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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
2014
Legal Domicile
OK
Principal Officer
Nadia Rafiuddin
Phone
9188954483
Tax Period
2023-01-01 to 2023-12-31

OKLAHOMA ISLAMIC SCHOOL FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $523K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $489K left a modest 6% surplus.

Mission

OISF provides tuition scholarships inspiring personal growth and societal benefit to children of low income families to attend accredited private schools in Oklahoma

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Provide tuition assistance to 112 children from low income families to attend 2 accredited Islamic schools in Oklahoma46

Program 2
Expenses: $0 Revenue: $0

Provide assistance to school for teaching improvement with teacher salary increase and teacher bonus

Program 3
Expenses: $0 Revenue: $0

provide assistance to school for classroom requests.

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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 $522,738
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $522,738

Expense Breakdown

Grants Paid $484,974
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $3,805
TOTAL EXPENSES $488,779

Year-over-Year Comparison

2023 2022 Change
Revenue $522,738 $409,932 +0.3%
Expenses $488,779 $282,956 +0.7%
Net Income $33,959 $126,976 -0.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nadia Rafiudidn Chairperson 10.00
Director
$0 $0 $0
Khalique Rehman Vice Chairman 1.00
Director
$0 $0 $0
Muhammad Noman Khan Treasurer 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 No data No data No data No data
2023 $522,738 $488,779 $654,954 $33,959
2022 $409,932 $282,956 $620,995 $126,976
2021 $403,558 $273,846 $494,019 $129,712
2020 $358,212 $153,703 $364,307 $204,509
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