Bosnian American Association Inc

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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

2009

Legal Domicile

Principal Officer

Saban Suljic

Phone

8049315221

Tax Period

2024-01-01 to 2024-12-31

Bosnian American Association Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $258K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $246K left a modest 5% surplus.

Mission

The Bosnian American Association's primary purpose is to promulgate the Islamic faith according to the traditional teachings of the original four schools of Islamic thought.

Program Service Accomplishments

Program 1

Expenses: $221,988

To promulgate the Islamic faith according to the traditional teachings of the original four schools of Islamic thought.

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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 $257,615

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $257,615

Expense Breakdown

Grants Paid $125,983

Salaries & Benefits $58,992

Fundraising Expenses $0

Program Expenses $221,988

Other Expenses $60,941

TOTAL EXPENSES $245,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,615	$298,628	-0.1%
Expenses	$245,916	$261,892	-0.1%
Net Income	$11,699	$36,736	-0.7%

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

120

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
Alija Smajlagic	President	5.00	Officer Director	$0	$0	$0
Resid Zildzic	Vice-President	5.00	Officer Director	$0	$0	$0
Saban Suljic	Treasurer	5.00	Officer Director	$0	$0	$0
Edin Avdic	Secretary	5.00	Officer Director	$0	$0	$0
Mersed Salihovic	Assistant Secretary	5.00	Officer Director	$0	$0	$0
Huso Dzamdzic	Assistant Treasurer	5.00	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	$257,615	$245,916	$1,421,576	$11,699
2023	$298,628	$261,892	$1,409,877	$36,736
2022	$301,078	$203,252	$1,373,141	$97,826
2021	$686,987	$88,603	$1,275,315	$598,384
2020	$94,070	$99,566	$676,931	$-5,496
2019	$209,539	$93,437	$683,055	$116,102
2018	$192,136	$100,913	$566,965	$91,223