MINHAJ WELFARE FOUNDATION USA INC (EIN 815486331) - 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

2017

Legal Domicile

Principal Officer

WASEEM ALTAF

Phone

3473525045

Tax Period

2023-01-01 to 2023-12-31

MINHAJ WELFARE FOUNDATION USA INC, founded in 2017, is a small nonprofit in the International Affairs sector that reported $994K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $624K, a strong 63% operating margin.

Mission

THE FOUNDATION IS A PRIVATE ORGANIZATION WHOSE MISSION IS TO SUPPORT THE POOR AND NEEDY IN MARGINALIZED COMMUNITIES WORKING FOR THEIR RIGHTS, TO PROVIDE CHILDREN WITH ACCESS TO EDUCATION, AND TO PROVIDE THE POOR WITH ACCESS TO BASIC HEALTH CARE AND THE MEANS FOR SOCIAL ECONOMIC AND WELFARE SUPPORT.

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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 $993,596

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $993,596

Expense Breakdown

Grants Paid $333,555

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $333,555

Other Expenses $35,621

TOTAL EXPENSES $369,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$993,596	$476,632	+1.1%
Expenses	$369,176	$470,781	-0.2%
Net Income	$624,420	$5,851	+105.7%

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

Employees

N/A

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
SHARJEEL AHSAN	TREASURER	0.50	Officer Director	$0	$0	$0
FAISAL IQBAL KHAN	SECRETARY	0.50	Officer Director	$0	$0	$0
WASEEM ALTAF	PRESIDENT	1.00	Officer Director	$0	$0	$0
FAISAL HUSSAIN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
TAHSEEN KHALID	ASSISTANT SECRETARY	0.50	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	No data	No data	No data	No data
2023	$993,596	$369,176	$1,506,289	$624,420
2022	$476,632	$470,781	$838,494	$5,851
2021	$463,105	$291,278	$560,308	$171,827

MINHAJ WELFARE FOUNDATION USA INC