Islamic American Zakat Foundation Inc (EIN 521492341) - Form 990 Financial Analysis & Trantor Score

🔒

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

1986

Legal Domicile

Phone

3019070997

Tax Period

2024-01-01 to 2024-12-31

Islamic American Zakat Foundation Inc, founded in 1986, is a small nonprofit that reported $375K in total revenue in fiscal year 2024.

Mission

Our mission is to provide assistance for food, shelter, clothing, and transportation for the poor and needy, orphans, wayfares, andany other persons and needs deserving of charity under Islamic law by assessing, collecting

🔒

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 $370,472

Program Service Revenue $0

Investment Income $203

Other Revenue $4,185

TOTAL REVENUE $374,860

Expense Breakdown

Grants Paid $188,022

Salaries & Benefits $0

Fundraising Expenses $5,796

Program Expenses $340,062

Other Expenses $207,461

TOTAL EXPENSES $395,483

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,860	$377,952	0.0%
Expenses	$395,483	$510,427	-0.2%
Net Income	$-20,623	$-132,475	-0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Imam A Ahmad	President	1	Officer Director	$0	$0	$0
Cecilia Ruff	Treasurer	0.50	Officer Director	$0	$0	$0
Omar Atia	Secretary	0.50	Officer Director	$0	$0	$0
Yusuf Saleem	Vice President	0.50	Director	$0	$0	$0
Ramy Osman	Director	0.10	Director	$0	$0	$0
M Abdus Salaam Ahmad	Director	0.50	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	$374,860	$395,483	$191,912	$-20,623
2023	$377,952	$510,427	$209,002	$-132,475
2022	$406,881	$536,010	$341,582	$-129,129
2021	$460,718	$262,053	$458,447	$198,665
2020	$302,109	$182,953	$264,601	$119,156
2019	$260,926	$282,311	$124,945	$-21,385
2018	$262,590	$266,334	$151,232	$-3,744

Islamic American Zakat Foundation Inc