NEW ENGLAND ISLAMIC ACADEMY INC

EIN: 932627817 501(c)(3) Education

HAVERHILL, MA

Total Revenue
$69,177
Total Expenses
$46,270
Total Assets
$22,907
Net Assets
$22,907
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MA
Principal Officer
EL HACHMI LASFAR
Phone
6173191527
Tax Period
2023-07-01 to 2024-06-30

NEW ENGLAND ISLAMIC ACADEMY INC, founded in 2023, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2023. The organization ran a surplus of $23K, a strong 33% operating margin.

Mission

OUR VISION IS TO ESTABLISH AN ISLAMIC HIGH SCHOOL THAT SERVES AS A SHIELD AGAINST FITNA WHILE EMPOWERING OUR STUDENTS TO BECOME STRONG, COMPASSIONATE LEADERS, GUIDED BY ISLAMIC PRINCIPLES. OUR MISSION IS TO EXPAND ON THIS VISION WITH A FULLY IN-HOUSE AND IN PERSON MUSLIM HIGH SCHOOL WHICH IS DESPERATELY NEEDED IN THIS REGION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,745
Program Service Revenue $18,432
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,619
Fundraising Expenses $0
Program Expenses $46,270
Other Expenses $16,651
TOTAL EXPENSES $46,270

Year-over-Year Comparison

2023 2022 Change
Revenue $69,177 N/A N/A
Expenses $46,270 N/A N/A
Net Income $22,907 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
6

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BASHIR EL-DARWISH PRESIDENT N/A
Director
$0 $0 $0
EL HACHMI LASFAR TREASURER N/A
Director
$0 $0 $0
HARUN SPEVACK VICE PRESIDE N/A
Director
$0 $0 $0
MOHD ALMAHMOUD CLERK AND DI N/A
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 $69,177 $46,270 $22,907 $22,907
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW ENGLAND ISLAMIC ACADEMY INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.