HADI SCHOOL NFP

EIN: 830367281 501(c)(3) Education

SCHAUMBURG, IL

Total Revenue
$1,195,434
Total Expenses
$1,064,441
Total Assets
$3,840,764
Net Assets
$1,439,934
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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
2003
Legal Domicile
IL
Principal Officer
KUMAIL M RAZVI
Phone
8478914440
Tax Period
2023-01-01 to 2023-12-31

HADI SCHOOL NFP, founded in 2003, is a small nonprofit in the Education sector that reported $723K in total revenue in fiscal year 2018. Expenses of $690K left a modest 5% surplus.

Mission

HADI SCHOOL IS A FULL TIME ELEMENTARY SCHOOL THAT OFFERS TO: PROVIDE THE BEST ACADEMIC ENVIRONMENT FOR STUDENTS TO ACHIEVE ACADEMIC, CULTURAL AND RELIGIOUS GUIDANCE. PREPARE THE STUDENTS TO BE SUCCESSFUL FOR THE WORLD OF WORK, SELF- ACHIEVEMENT AND WELL-BEING. PREPARE THE STUDENTS TO BE GOOD CITIZENS, LIFELONG LEARNER, AMBITIOUS AND HONORABLE INDIVIDUALS. GUIDE THE STUDENTS WITHIN THE TEACHINGS OF HOLY QURAN AND THE PROPHET MOHAMMED (A.S) AND HIS AHL-AL-BAYT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $258,351
Program Service Revenue $870,349
Investment Income $0
Other Revenue $66,734
TOTAL REVENUE $1,195,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $612,382
Fundraising Expenses $0
Program Expenses $1,064,441
Other Expenses $452,059
TOTAL EXPENSES $1,064,441

Year-over-Year Comparison

2023 2022 Change
Revenue $1,195,434 $941,503 +0.3%
Expenses $1,064,441 $832,482 +0.3%
Net Income $130,993 $109,021 +0.2%
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
10
Independent Members
10
Employees
33
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYED SAMMER ABBAS BOARD MEMBER N/A
Director
$0 $0 $0
DR SAFDAR ALI TRUSTEE N/A
Director
$0 $0 $0
MUBARAK MIRJAT TRUSTEE N/A
Director
$0 $0 $0
SYED RIAZ NAQVI DIRECTOR N/A
Officer Director
$0 $0 $0
KUMAIL M RAZVI DIRECTOR N/A
Director
$0 $0 $0
ALI S RIZVI PRESIDENT N/A
Director
$0 $0 $0
SYED ALI YOUSUF TRUSTEE N/A
Director
$0 $0 $0
SAIYED MEHBOOB MEHDI ABIDI CHAIRMAN N/A
Officer
$0 $0 $0
BANEEN KAZMI DIRECTOR N/A
Officer
$0 $0 $0
DR AZRA NAQVI PRINCIPAL N/A
Officer
$0 $0 $0
DR ALI NAQI SYED TRUSTEE N/A
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 $1,195,434 $1,064,441 $3,840,764 $130,993
2022 $941,503 $832,482 $3,201,925 $109,021
2021 $1,078,252 $646,926 $1,810,258 $431,326
2020 $507,719 $679,629 $1,567,327 $-171,910
2019 $855,034 $742,576 $1,537,158 $112,458
2018 $723,288 $690,275 $1,437,398 $33,013
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