ISLAMIC ACADEMY OF SOUTH JERSEY INC

🔒

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

6093693690

Tax Period

2024-01-01 to 2024-12-31

ISLAMIC ACADEMY OF SOUTH JERSEY INC, founded in 2014, is a small nonprofit in the Education sector that reported $432K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO EDUCATE THE THE YOUNG GENERATION ABOUT THE FUNTAMENTAL OF MUSLIM CULTURES AND RULES

Program Service Accomplishments

Program 1

Expenses: $464,823 Revenue: $432,355

TO EDUCATE THE FUNTAMENTAL OF THE ISLAM IN EDUCATION AND THE REQUIRED EDUCATION

🔒

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 $432,355

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $432,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $325,031

Fundraising Expenses $0

Program Expenses $464,823

Other Expenses $139,792

TOTAL EXPENSES $464,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,355	$458,465	-0.1%
Expenses	$464,823	$466,541	0.0%
Net Income	$-32,468	$-8,076	+3.0%

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

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
MAGDY MUHAMED	PRESIDENT	35.00	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	$432,355	$464,823	$63,598	$-32,468
2023	$458,465	$466,541	$96,066	$-8,076
2022	$394,715	$365,984	$115,371	$28,731
2021	$328,100	$277,096	$89,142	$51,004
2020	$243,141	$242,300	$48,782	$841
2019	$267,979	$258,235	$49,725	$9,744
2018	$265,641	$257,875	$27,553	$7,766