IQRAA FOUNDATION INC

🔒

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

2017

Legal Domicile

Principal Officer

HONADH CHAMOUT

Tax Period

2023-01-01 to 2023-12-31

IQRAA FOUNDATION INC, founded in 2017, is a small nonprofit in the Youth Development sector that reported $663K in total revenue in fiscal year 2023. Revenue surged 238% from the prior year, signaling strong growth momentum. The organization ran a surplus of $476K, a strong 72% operating margin.

Mission

ESTABLISH RELIGIOUS AND ARABIC AFTER SCHOOL PROGRAMS TO MEET THE NEEDS OF THE COMMUNITY BY PROVIDING LOW-COST AND FREE OF CHARGE CLASSES TO FAMILIES IN NEED OR DISENFRANCHISED.

Program Service Accomplishments

Program 1

Expenses: $99,383 Revenue: $164,221

HELPED OVER ONE HUNDERED CHILDREN AND ADULTS LEARN HOW TO READ QURAN AND ARABIC ALONG WITH EXHIBITING THE CUTLURAL IMPORTANCE. THIS WAS DONE AT EITHER AT COST, LOW COST OR FREE OF CHARGE DEPENDING ON...

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $499,116

Program Service Revenue $164,221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $663,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,212

Fundraising Expenses $0

Program Expenses $99,383

Other Expenses $150,728

TOTAL EXPENSES $186,940

Year-over-Year Comparison

	2023	2022	Change
Revenue	$663,337	$196,274	+2.4%
Expenses	$186,940	$165,856	+0.1%
Net Income	$476,397	$30,418	+14.7%

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

Volunteers

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
HONADH CHAMOUT	PRESIDENT	40.00	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	$663,337	$186,940	$683,925	$476,397