ISLAMIC UNIVERSITY OF MINNESOTA (EIN 830463185) - 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

2006

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ISLAMIC UNIVERSITY OF MINNESOTA, founded in 2006, is a small nonprofit in the Education sector that reported $186K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 22% operating margin.

Mission

TO SUPPORT THE BETTERMENT OF OUR SOCIETY THROUGH A BALANCED, MODERATE, AND AUTHENTIC ISLAMIC EDUCATION.

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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 $106,596

Program Service Revenue $79,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,918

Fundraising Expenses $0

Program Expenses $71,933

Other Expenses $132,556

TOTAL EXPENSES $145,474

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,596	$154,300	+0.2%
Expenses	$145,474	$131,556	+0.1%
Net Income	$40,122	$22,744	+0.8%

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

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
ABDULLAH JAMALUDDIN	BOARD MEMBER	2.50	Director	$0	$0	$0
YASSER CHEBLI	BOARD MEMBER	2.50	Director	$0	$0	$0
OMAR HAMOD	BOARD MEMBER	2.50	Director	$0	$0	$0
SAMER ALAMY	BOARD MEMBER	2.50	Director	$0	$0	$0
FAROK HAMOD	PRESIDENT	10.00	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	$185,596	$145,474	$756,098	$40,122
2022	$154,300	$131,556	$716,366	$22,744
2021	$78,168	$113,417	$693,079	$-35,249
2020	$26,372	$107,831	$728,328	$-81,459
2019	$195,870	$110,032	$809,787	$85,838
2018	$127,165	$103,781	$723,949	$23,384

ISLAMIC UNIVERSITY OF MINNESOTA