Texas Arabic Academy Inc

EIN: 821039704 501(c)(3) Education

Richmond, TX

Total Revenue
$102,125
Total Expenses
$95,784
Total Assets
$31,559
Net Assets
$31,559
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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
TX
Phone
8326700222
Tax Period
2024-01-01 to 2024-12-31

Texas Arabic Academy Inc, founded in 2017, is a small nonprofit in the Education sector that reported $102K in total revenue in fiscal year 2024. Expenses of $96K left a modest 6% surplus.

Mission

Provide Arabic language instruction of the highest quality.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $102,125
Investment Income $0
Other Revenue $0
TOTAL REVENUE $102,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,500
Fundraising Expenses $0
Program Expenses $88,034
Other Expenses $70,284
TOTAL EXPENSES $95,784

Year-over-Year Comparison

2024 2023 Change
Revenue $102,125 $100,541 +0.0%
Expenses $95,784 $81,576 +0.2%
Net Income $6,341 $18,965 -0.7%
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

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Governance

Voting Members
5
Independent Members
4
Employees
2
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
1
$22,000
Total Directors
4
$22,000
Key Employees
1
$22,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Muthana Alkhaldi CEO 040.00
Officer Director Key Emp Highest
$22,000 $0 $22,000
Yusuf Shere VP 002.00
Director
$0 $0 $0
Mohammed Almani Memeber 002.00
Director
$0 $0 $0
Ali Hasan Member 002.00
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 $102,125 $95,784 $31,559 $6,341
2023 $100,541 $81,576 $25,218 $18,965
2022 $102,411 $99,352 $6,253 $3,059
2021 $100,455 $113,942 $3,194 $-13,487
2020 $190,308 $168,114 $19,315 $22,194
2019 $93,840 $80,200 $3,148 $13,640
2018 $71,742 $64,988 $6,754 $6,754
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