Qasd Foundation (EIN 812803229) - 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

2016

Legal Domicile

Principal Officer

Saad Ahmad

Phone

8016570903

Tax Period

2023-01-01 to 2023-12-31

Qasd Foundation, founded in 2016, is a small nonprofit in the International Affairs sector that reported $219K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $211K left a modest 3% surplus.

Mission

A charity organization whose goal is to facilitate service to the Divine through education, assisting the needy, healing the sick, and building and maintaining houses of worship.

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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 (2023)

Revenue Breakdown

Contributions & Grants $218,837

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $218,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,662

Other Expenses $211,395

TOTAL EXPENSES $211,395

Year-over-Year Comparison

	2023	2022	Change
Revenue	$218,837	$253,726	-0.1%
Expenses	$211,395	$332,829	-0.4%
Net Income	$7,442	$-79,103	-1.1%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Zahid Ally	Chairman	Director	$0	$0	$0
Aiyub Palmer	Director	Director	$0	$0	$0
Sadaf Khan	Director	Director	$0	$0	$0
Saad Ahmad	Director	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	$218,837	$211,395	$12,813	$7,442
2022	$253,726	$332,829	$5,371	$-79,103
2021	$283,283	$328,065	$84,474	$-44,782
2020	$269,462	$272,711	$129,256	$-3,249
2019	$287,459	$198,906	$132,505	$88,553
2018	$267,044	$236,114	$43,952	$30,930

Qasd Foundation