ISLAMIC CENTER OF HIGH POINT INC

EIN: 562094887 501(c)(3) Religion

HIGH POINT, NC

Total Revenue
$69,076
Total Expenses
$52,768
Total Assets
$928,648
Net Assets
$928,648
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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
1994
Legal Domicile
NC
Principal Officer
JAMIL KHAN
Tax Period
2023-01-01 to 2023-12-31

ISLAMIC CENTER OF HIGH POINT INC, founded in 1994, is a micro nonprofit in the Religion sector that reported $69K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 24% operating margin.

Mission

PROVIDE THE LOCAL MUSLIM COMMUNITY WITH A PLACE TO WORSHIP AND A BURIAL PLACE

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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 $69,076
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,530
Fundraising Expenses $0
Program Expenses $52,768
Other Expenses $39,238
TOTAL EXPENSES $52,768

Year-over-Year Comparison

2023 2022 Change
Revenue $69,076 $69,076 N/A
Expenses $52,768 $52,768 N/A
Net Income $16,308 $16,308 N/A
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
9
Independent Members
8
Employees
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIL KHAN PRESIDENT 20.00
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
2023 $69,076 $52,768 $928,648 $16,308
2022 $127,348 $68,408 $913,139 $58,940
2020 $137,807 $84,212 $748,428 $53,595
2019 $142,698 $48,541 $694,371 $94,157
2018 $55,012 $20,610 $600,247 $34,402
2017 $66,448 $73,471 $565,416 $-7,023
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