KING EDWARD MEDICAL COLLEGE ALUMNI ASSOCIATION

EIN: 721254660 501(c)(3) Education

Chicago, IL

Total Revenue
$945,647
Total Expenses
$604,778
Total Assets
$4,334,748
Net Assets
$4,311,648
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
IL
Phone
6305750404
Tax Period
2024-01-01 to 2024-12-31

KING EDWARD MEDICAL COLLEGE ALUMNI ASSOCIATION, founded in 1996, is a small nonprofit in the Education sector that reported $946K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $341K, a strong 36% operating margin.

Mission

ALUMNI ASSOCIATION OF GRADUATES OF KING EDWARD MEDICAL COLLEGE, LAHORE, PAKISTAN. ORGANIZED COVENTION,, SEMINARS TO SHARE MEDICAL KNOWLEDGE AND COMMON EXPERIENCE. CARRY OUT EDUCATIONAL PROGRAM FOR THE BENIFIT OF THE MEDICAL STUDENTS AND FOR GENERAL PUBLIC AT LARGE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $427,365
Program Service Revenue $0
Investment Income $518,282
Other Revenue $0
TOTAL REVENUE $945,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,433
Fundraising Expenses $0
Program Expenses $64,000
Other Expenses $594,345
TOTAL EXPENSES $604,778

Year-over-Year Comparison

2024 2023 Change
Revenue $945,647 $1,232,444 -0.2%
Expenses $604,778 $473,375 +0.3%
Net Income $340,869 $759,069 -0.6%
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

Sign In

Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Danish Bhatti President 005.00
Officer Director
$0 $0 $0
Waseem Ullah Secretary 005.00
Officer Director
$0 $0 $0
Usman Khan Treasurer 005.00
Officer Director
$0 $0 $0
Shahzad Khan Immediate Past Pres. 005.00
Officer Director
$0 $0 $0
Sohail Rana ImmePresident Elect 005.00
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 $945,647 $604,778 $4,334,748 $340,869
2023 $1,232,444 $473,375 $3,991,779 $759,069
2022 $71,829 $526,477 $3,240,031 $-454,648
2021 $917,503 $265,393 $3,684,910 $652,110
2020 $806,473 $288,640 $3,031,715 $517,833
2019 $748,789 $225,132 $2,506,120 $523,657
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare KING EDWARD MEDICAL COLLEGE ALUMNI ASSOCIATION with other nonprofits in Illinois and across the country.