SADIQ SCHOOL INC

EIN: 823398495 501(c)(3) Education

Somerset, NJ

Total Revenue
$458,777
Total Expenses
$454,712
Total Assets
$192,830
Net Assets
$190,932
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
ALEX KHARAZI
Phone
7327353371
Tax Period
2024-07-01 to 2025-06-30

SADIQ SCHOOL INC, founded in 2018, is a small nonprofit in the Education sector that reported $459K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

The mission of Sadiq School is to provide students with the skills and knowledge in an Islamic environment that they will need to succeed in their lives and become active participants in their communities.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $124,609
Program Service Revenue $317,851
Investment Income $0
Other Revenue $16,317
TOTAL REVENUE $458,777

Expense Breakdown

Grants Paid $2,450
Salaries & Benefits $369,255
Fundraising Expenses $0
Other Expenses $83,007
TOTAL EXPENSES $454,712

Year-over-Year Comparison

2024 2023 Change
Revenue $458,777 $340,262 +0.3%
Expenses $454,712 $410,202 +0.1%
Net Income $4,065 $-69,940 -1.1%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
12
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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AFTAB HUSSAIN TRUSTEE 004.00
Director
$0 $0 $0
IQBAL JAFRI VICE CHAIRMAN 004.00
Director
$0 $0 $0
ASAD SADIQ CHAIRMAN 004.00
Director
$0 $0 $0
ALEX KHARAZI PRESIDENT 035.00
Director
$0 $0 $0
ABIDA JAFRI VICE PRESIDENT 001.00
Director
$0 $0 $0
MOHAMMAD G MOGHADAM TRUSTEE 012.00
Director
$0 $0 $0
RIZWAN ARSALAN RIZVI TRUSTEE 004.00
Director
$0 $0 $0
MAHDI SAJADPOUR TRUSTEE 004.00
Director
$0 $0 $0
AAZIM HUSSAIN TRUSTEE 001.00
Director
$0 $0 $0
MONIREH S KHARAZI TRUSTEE 030.00
Director
$0 $0 $0
QASIM ZAIDI TRUSTEE 001.00
Director
$0 $0 $0
SHIRAZ HUSSAIN TRUSTEE 002.00
Director
$0 $0 $0
ADIL NATHANI TRUSTEE 005.00
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
2025 $458,777 $454,712 $192,830 $4,065
2024 $340,262 $410,202 $187,009 $-69,940
2022 $316,351 $174,523 $353,308 $141,828
2021 $184,366 $67,577 $211,480 $116,789
2020 $33,662 $67,327 $118,763 $-33,665
2019 $45,808 $41,458 $136,874 $4,350
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SADIQ SCHOOL INC with other nonprofits in New Jersey and across the country.