MISHKAH ACADEMY CORPORATION

EIN: 874644923 501(c)(3) Education

CARY, NC

Total Revenue
$648,534
Total Expenses
$654,510
Total Assets
$32,588
Net Assets
$-4,988
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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
2022
Legal Domicile
NC
Principal Officer
ASAD ANSARI
Tax Period
2024-01-01 to 2024-12-31

MISHKAH ACADEMY CORPORATION, founded in 2022, is a small nonprofit in the Education sector that reported $649K in total revenue in fiscal year 2024. Revenue surged 195% from the prior year, signaling strong growth momentum.

Mission

MISHKAH IS A PRIVATE NON-PROFIT MONTESSORI SCHOOL. AT MISHKAH OUR MISSION IS TO OFFER INDIVIDUALIZED LEARNING OPPORTUNITIES FOR CHILDREN

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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 (2024)

Revenue Breakdown

Contributions & Grants $648,534
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $648,534

Expense Breakdown

Grants Paid $0
Salaries & Benefits $453,838
Fundraising Expenses $0
Program Expenses $475,880
Other Expenses $200,672
TOTAL EXPENSES $654,510

Year-over-Year Comparison

2024 2023 Change
Revenue $648,534 $220,000 +1.9%
Expenses $654,510 $219,150 +2.0%
Net Income $-5,976 $850 -8.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAVAID AHMED TREASURERBOARD MEMBER 0.00
Director
$0 $0 $0
SYED SABEEL AHMED BOARD MEMBER 0.00
Director
$0 $0 $0
ASAD ANSARI PRESIDENTCHAIRMAN 0.00
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 $648,534 $654,510 $32,588 $-5,976
2023 $220,000 $219,150 $75,452 $850
2022 $220,000 $219,862 $76,880 $138
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