Alim Academy Inc (EIN 521372863) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

HADI AKHAVANNIK

Phone

3013406713

Tax Period

2023-07-01 to 2024-06-30

Alim Academy Inc, founded in 1985, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

A PRIVATE, NON-PROFIT, NON-SECTARIAN SCHOOL ADHERING ISLAMIC VALUES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $243,073

Program Service Revenue $992,702

Investment Income $3,426

Other Revenue $-2,236

TOTAL REVENUE $1,236,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $838,875

Fundraising Expenses $20,928

Program Expenses $1,046,684

Other Expenses $375,345

TOTAL EXPENSES $1,214,220

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,236,965	$1,059,238	+0.2%
Expenses	$1,214,220	$796,595	+0.5%
Net Income	$22,745	$262,643	-0.9%

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

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

$49,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOMAYYAH NAHIDIAN	SCHOOL PRINCIPAL	40.0	Officer	$49,333	$0	$49,333
AMIR OSKOUI	SECRETARY/TRUSTEE	5.0	Officer Director	$0	$0	$0
HADI AKHAVANNIK	TREASURER/TRUSTEE	10.0	Officer Director	$0	$0	$0
MOHAMMAD HASSAN ESLAMI	CHAIRMAN/TRUSTEE	5.0	Officer Director	$0	$0	$0
ALLAN HAKKY	TRUSTEE	5.0	Director	$0	$0	$0
MOSTAFA TAFAGHODI	TRUSTEE	10.0	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
2025	No data	No data	No data	No data
2024	$1,236,965	$1,214,220	$444,137	$22,745
2023	$1,059,238	$796,595	$438,019	$262,643
2022	$687,324	$676,287	$168,071	$11,037
2021	$612,980	$554,425	$130,911	$58,555
2020	$533,462	$621,406	$160,703	$-87,944
2019	$541,457	$716,932	$160,300	$-175,475

Alim Academy Inc