Islamic Education Center Inc (EIN 521485374) - 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

1998

Legal Domicile

Principal Officer

Ahmad Erfani

Phone

3013402070

Tax Period

2024-01-01 to 2024-12-31

Islamic Education Center Inc, founded in 1998, is a small nonprofit in the Religion sector that reported $487K in total revenue in fiscal year 2024. Expenses of $433K left a modest 11% surplus.

Mission

THE ENTITY IS ORGANIZED FOR RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $356,153

Program Service Revenue $63,221

Investment Income $17,463

Other Revenue $49,879

TOTAL REVENUE $486,716

Expense Breakdown

Grants Paid $10,400

Salaries & Benefits $238,800

Fundraising Expenses $11,792

Program Expenses $320,152

Other Expenses $183,962

TOTAL EXPENSES $433,162

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,716	$503,571	0.0%
Expenses	$433,162	$528,441	-0.2%
Net Income	$53,554	$-24,870	-3.2%

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

Total Directors

Key Employees

$81,732

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMAD BAHRINY DAVARANY	RESIDENT ALIM	40.0	Key Emp	$12,000	$69,732	$81,732
MASUD SALIMIAN	PRESIDENT, TRUSTEE	12.0	Officer Director	$0	$0	$0
MAJID ALTAFI	TRUSTEE	8.0	Director	$0	$0	$0
HAMID REZA MASLAHAT	TRUSTEE	8.0	Director	$0	$0	$0
AHMAD ERFANI	TREASURER, TRUSTEE	12.0	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	$486,716	$433,162	$775,272	$53,554
2023	$503,571	$528,441	$723,214	$-24,870
2022	$604,478	$563,740	$747,310	$40,738
2021	$731,011	$535,830	$998,883	$195,181
2020	$415,316	$407,865	$796,440	$7,451
2019	$459,603	$474,942	$797,288	$-15,339
2018	$540,880	$497,477	$808,456	$43,403

Islamic Education Center Inc