INTERNATIONAL ASSOCIATION OF ISLAM… - Form 990 Financial Data

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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

2024

Legal Domicile

Principal Officer

WAJID HUSSAIN

Phone

7036186951

Tax Period

2024-02-16 to 2024-12-31

INTERNATIONAL ASSOCIATION OF ISLAMIC PSYCHOLOGY INCORPORATED, founded in 2024, is a small nonprofit in the Social Science sector that reported $103K in total revenue in fiscal year 2024. The organization ran a surplus of $79K, a strong 77% operating margin.

Mission

OUR MISSION IS TO ADVANCE THE DEVELOPMENT AND APPLICATION OF ISLAMIC PSYCHOLOGY TO ENHANCE THE UNDERSTANDING OF HUMAN PSYCHOLOGY AND PROMOTE HEALTH AND WELLBEING FOR ALL PEOPLE

Program Service Accomplishments

Program 1

DURING THE YEAR, THE INTERNATIONAL ASSOCIATION OF ISLAMIC PSYCHOLOGY ADVANCED THE DEVELOPMENT OF THE FIELD BY DRAFTING A PROFESSIONAL ETHICS DOCUMENT, DEVELOPING A NEARLY COMPLETED ONLINE EDUCATION AND CERTIFICATION PORTAL, AND PILOTING A NEW MEMBERSHIP SYSTEM WITH DEFINED BENEFITS AND PRICING STRUCTURES. THE ORGANIZATION ALSO UPDATED ITS WEBSITE WITH A DONATION PORTAL AND BEGAN FORMING A STRATEGIC TEAM TO SUPPORT MEMBERSHIP AND GROWTH INITIATIVES. THESE EFFORTS LAID THE GROUNDWORK FOR EXPANDING ACCESS TO HIGH-QUALITY ISLAMIC PSYCHOLOGY TRAINING AND PROFESSIONAL RESOURCES WORLDWIDE.

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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 $103,287

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $103,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,090

TOTAL EXPENSES $24,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,287	N/A	N/A
Expenses	$24,090	N/A	N/A
Net Income	$79,197	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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ELHAM ABUBAKR	DIRECTOR	0.25	Director	$0	$0	$0
ESRAA BANI	DIRECTOR	0.25	Director	$0	$0	$0
WAJID HUSSAIN	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC ABDALLAH ROTHMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
RAFAH SAHAB	SECRETARY	2.00	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	$103,287	$24,090	$79,197	$79,197

INTERNATIONAL ASSOCIATION OF ISLAMIC PSYCHOLOGY INCORPORATED