Islamic Services Foundation

EIN: 752352043 501(c)(3)

Richardson, TX

Total Revenue
$14,235,728
Total Expenses
$11,453,995
Total Assets
$15,915,146
Net Assets
$13,820,119
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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
1989
Legal Domicile
TX
Phone
9724145090
Tax Period
2023-01-01 to 2023-12-31

Islamic Services Foundation, founded in 1989, is a mid-sized nonprofit that reported $14.2M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 20% operating margin.

Mission

The Islamic Services Foundation (ISF) is a non-profit organization, which has been dedicated to serving the Muslim community since its founding in 1989. Heaquarted in the Dallas, Texas Area, ISF is home to serveral community service projects. Islamic Services Foundation is the parent company of Brighter Horizons Academy, Islamic Curriculum Project, Muslim Yellow Pages and Texas Islamic Court.

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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 $3,565,503
Program Service Revenue $10,415,037
Investment Income $0
Other Revenue $255,188
TOTAL REVENUE $14,235,728

Expense Breakdown

Grants Paid $6,030
Salaries & Benefits $7,542,335
Fundraising Expenses $0
Program Expenses $11,331,599
Other Expenses $3,905,630
TOTAL EXPENSES $11,453,995

Year-over-Year Comparison

2023 2022 Change
Revenue $14,235,728 $8,779,373 +0.6%
Expenses $11,453,995 $9,132,887 +0.3%
Net Income $2,781,733 $-353,514 -8.9%
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

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Governance

Voting Members
57
Independent Members
9
Employees
163
Volunteers
20

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ruba Kuzbari Vice President 10.00
Officer
$0 $0 $0
Mohammad Ehsan Sayed President 10.00
Officer
$0 $0 $0
Isam Haboosh Finance 10.00
Officer
$0 $0 $0
Mahdi Al Hallak Secretary 10.00
Officer
$0 $0 $0
Waleed Gabr Dawah Secretary 10.00
Officer
$0 $0 $0
Suheib Omran Member at Large 10.00
Officer
$0 $0 $0
Sumayya Khatib Member at Large 10.00
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
2024 No data No data No data No data
2023 $14,235,728 $11,453,995 $15,915,146 $2,781,733
2022 $8,779,373 $9,132,887 $12,262,713 $-353,514
2021 $9,373,276 $8,383,231 $12,490,908 $990,045
2020 $8,046,497 $8,417,185 $11,380,817 $-370,688
2019 $8,312,925 $8,761,436 $10,768,802 $-448,511
2018 $8,562,118 $9,031,795 $11,355,277 $-469,677
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