MASJID AL-RASHEED INC

EIN: 844508367 501(c)(3) Religion

BALDWIN, NY

Total Revenue
$660,890
Total Expenses
$270,686
Total Assets
$1,912,821
Net Assets
$993,619
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Principal Officer
JAMEEL AHMED
Phone
5163449212
Tax Period
2023-01-01 to 2023-12-31

MASJID AL-RASHEED INC, founded in 2020, is a small nonprofit in the Religion sector that reported $661K in total revenue in fiscal year 2023. Revenue surged 166% from the prior year, signaling strong growth momentum. The organization ran a surplus of $390K, a strong 59% operating margin.

Mission

ISLAMIC MOSQUE - TO ENCOURAGE AND PROMOTE THE STUDY OF QURAN, AHADEES, TEACHING AND PRACTICE THE RELIGION OF ISLAM.

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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 $660,890
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $660,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $114,453
Other Expenses $270,686
TOTAL EXPENSES $270,686

Year-over-Year Comparison

2023 2022 Change
Revenue $660,890 $248,788 +1.7%
Expenses $270,686 $169,956 +0.6%
Net Income $390,204 $78,832 +3.9%
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

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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
6
Independent Members
6
Employees
N/A
Volunteers
15

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMEEL AHMED TRUSTEE 60.00
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
2023 $660,890 $270,686 $1,912,821 $390,204
2022 $248,788 $169,956 $1,218,415 $78,832
2021 $344,405 $166,279 $1,139,583 $178,126
2020 $205,910 $171,030 $941,720 $34,880
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