LOUDOUN ISLAMIC CENTER

EIN: 471085069 501(c)(3) Religion

Leesburg, VA

Total Revenue
$171,354
Total Expenses
$101,592
Total Assets
$603,411
Net Assets
$603,411
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
Iqbal Hasan
Phone
8773315005
Tax Period
2023-01-01 to 2023-12-31

LOUDOUN ISLAMIC CENTER, founded in 2015, is a small nonprofit in the Religion sector that reported $205K in total revenue in fiscal year 2021. Revenue surged 230% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 54% operating margin.

Mission

Loudoun Islamic Center (LIC) is a faith-based 501(c)(3) tax-exempt non-profit entity. Our mission is to providing religious, social, and educational services to the greater Loudoun County while maintaining the highest level of transparency, integrity and professionalism (TIP).

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $171,354
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $171,354

Expense Breakdown

Grants Paid $34,525
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,525
Other Expenses $67,067
TOTAL EXPENSES $101,592

Year-over-Year Comparison

2023 2022 Change
Revenue $171,354 $124,132 +0.4%
Expenses $101,592 $64,680 +0.6%
Net Income $69,762 $59,452 +0.2%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aamir Khan President & Board Member 3
Director
$0 $0 $0
Iqbal Hasan Treasurer & Board Member 2
Officer Director
$0 $0 $0
Khalid Khan Board Member 1
Director
$0 $0 $0
Kamal Sayeed Secretary 2
Officer
$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 $171,354 $101,592 $603,411 $69,762
2022 $124,132 $64,680 $533,649 $59,452
2021 $205,180 $94,683 $474,034 $110,497
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LOUDOUN ISLAMIC CENTER with other nonprofits in Virginia and across the country.