Quran Foundation Inc (EIN 824203288) - 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

2018

Legal Domicile

Principal Officer

Amer Abbas

Phone

5109988254

Tax Period

2023-01-01 to 2023-12-31

Quran Foundation Inc, founded in 2018, is a small nonprofit in the Religion sector that reported $767K in total revenue in fiscal year 2023. The organization ran a surplus of $584K, a strong 76% operating margin.

Mission

To develop, maintain and enhance a social and educational platform (technology and otherwise) that allows different members of the community to connect and socialize around religious text.

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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 $766,803

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $766,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $164,454

Other Expenses $183,228

TOTAL EXPENSES $183,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$766,803	$730,427	+0.0%
Expenses	$183,228	$165,264	+0.1%
Net Income	$583,575	$565,163	+0.0%

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

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
Amer Abbas	Director	Director	$0	$0	$0
Iman Sadreddin	Director	Director	$0	$0	$0
Mohamed Sadeia	Director	Director	$0	$0	$0
Mohammad Banawan	CFO	Director	$0	$0	$0
Nour Sharbash	Secretary	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
2023	$766,803	$183,228	$1,244,454	$583,575
2022	$730,427	$165,264	$660,879	$565,163

Quran Foundation Inc