CORDOBA ACADEMY

EIN: 474297945 501(c)(3) Education

LYNNWOOD, WA

Total Revenue
$452,640
Total Expenses
$396,331
Total Assets
$690,071
Net Assets
$680,074
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
WA
Principal Officer
SHEHZAD QURESHI
Phone
2068563899
Tax Period
2023-01-01 to 2023-12-31

CORDOBA ACADEMY, founded in 2015, is a small nonprofit in the Education sector that reported $453K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $396K left a modest 12% surplus.

Mission

TO ESTABLISH AN INSTITUTION WHERE THE INTELLECTUAL, ETHICAL,SOCIAL,PHYSICAL, EMOTIONAL AND SPIRITUAL DEVELOPMENT OF YOUNG MUSLIMS CAN BE NURTURED

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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 $199,456
Program Service Revenue $227,184
Investment Income $0
Other Revenue $26,000
TOTAL REVENUE $452,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $232,881
Fundraising Expenses $0
Program Expenses $396,226
Other Expenses $163,450
TOTAL EXPENSES $396,331

Year-over-Year Comparison

2023 2022 Change
Revenue $452,640 $317,288 +0.4%
Expenses $396,331 $325,777 +0.2%
Net Income $56,309 $-8,489 -7.6%
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

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Governance

Voting Members
4
Independent Members
3
Employees
19
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
0
$0
Total Directors
4
$28,000
Key Employees
1
$28,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMMED ADNAN KHALID PRINCIPAL 6.00
Director Key Emp
$28,000 $0 $28,000
FAISAL AHMED DIRECTOR 6.00
Director
$0 $0 $0
ARIF SAMAD V PRESIDENT 4.00
Director
$0 $0 $0
SHEHZAD QUARESHI DIRECTOR/TREASURER 6.00
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 $452,640 $396,331 $690,071 $56,309
2022 $317,288 $325,777 $637,376 $-8,489
2021 $747,591 $140,103 $644,727 $607,488
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