MERIDIAN QUBE FITNESS CENTER INC

EIN: 884160725 501(c)(3) Recreation & Sports

Anaheim, CA

Total Revenue
$847,083
Total Expenses
$1,297,220
Total Assets
$68,866
Net Assets
$-820,230
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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
CA
Principal Officer
Nino Abboushi
Tax Period
2024-01-01 to 2024-12-31

MERIDIAN QUBE FITNESS CENTER INC, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $847K in total revenue in fiscal year 2024. Expenses of $1.3M exceeded revenue, resulting in a 53% operating deficit.

Mission

TO PROMOTE ISLAMIC VALUES BY UPLIFTING AND INSPIRING THE SPIRITUAL, SOCIAL, HEALTH AND WELL-BEING OF OUR COMMUNITY

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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 $0
Program Service Revenue $847,083
Investment Income $0
Other Revenue $0
TOTAL REVENUE $847,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $471,768
Fundraising Expenses $0
Program Expenses $1,294,760
Other Expenses $825,452
TOTAL EXPENSES $1,297,220

Year-over-Year Comparison

2024 2023 Change
Revenue $847,083 N/A N/A
Expenses $1,297,220 N/A N/A
Net Income $-450,137 N/A N/A
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
22
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sana Khan VICE PRESIDENT 2.00
Officer
$0 $0 $0
Nino Abboushi PRESIDENT 2.00
Officer
$0 $0 $0
Owaiz Dadabhoy BOARD MEMBER 0.00
Officer
$0 $0 $0
Taher Dadabhoy TREASURER 0.00
Officer
$0 $0 $0
Samer Soubra BOARD MEMBER 0.00
Officer
$0 $0 $0
Azzra Bholat SECRETARY 2.00
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 $847,083 $1,297,220 $68,866 $-450,137
2023 $727,091 $999,364 $65,218 $-272,273
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