AL-MINHAAL ACADEMY COLORADO

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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

2019

Legal Domicile

Principal Officer

KARIM ABUZAID

Phone

7204329027

Tax Period

2024-01-01 to 2024-12-31

AL-MINHAAL ACADEMY COLORADO, founded in 2019, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 15% surplus.

Mission

A NON-PROFIT EDUCTIONAL ORGANIZATION PROVIDING ELEMENTRY SCHOOL EDCUATION TO UNDERPRIVILEGED CHILDREN IN THE COMMUNITY

Program Service Accomplishments

Program 1

REVENUES ARE FROM TUITION,NO GRANTS BUT DONATIONS ARE RAISED FROM THE COMMUNITY, EXPENSES ARE MAINLY FOR TEACHERS AND TEACHING CONTRACTORS, EDUCATION MATERIAL, SOFTWARE AND OFFICE SUPPLIES AND...

REVENUES ARE FROM TUITION,NO GRANTS BUT DONATIONS ARE RAISED FROM THE COMMUNITY, EXPENSES ARE MAINLY FOR TEACHERS AND TEACHING CONTRACTORS, EDUCATION MATERIAL, SOFTWARE AND OFFICE SUPPLIES AND EXPENSES IN ADDITION TO DEPRECIATION EXPENSE ON THE FIXED ASSETS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,916,297

Investment Income $0

Other Revenue $3,086

TOTAL REVENUE $1,919,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $849,170

Fundraising Expenses $0

Other Expenses $783,245

TOTAL EXPENSES $1,632,415

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,919,383	$1,687,369	+0.1%
Expenses	$1,632,415	$1,750,883	-0.1%
Net Income	$286,968	$-63,514	-5.5%

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

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARIM ABUZAID	PRESIDENT	020.00	Officer Director	$0	$0	$0
JAMIE SAEELEY	TREASURER	020.00	Officer Director	$0	$0	$0
HASSAN SALAH	MEMEBER	020.00	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	$1,919,383	$1,632,415	$3,494,524	$286,968
2023	$1,687,369	$1,750,883	$3,212,063	$-63,514
2022	$1,264,170	$1,326,315	$3,274,469	$-62,145
2021	$352,473	$367,969	$9,125	$-15,496
2020	$136,048	$136,997	$10,136	$-949