SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Noor-Ul-Iman School
Monmouth Junction, NJ · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Noor-Ul-Iman School is burning the cushion faster than the 6-month buffer suggests. Expenses are outpacing revenue 24.1% vs 14.9% per year over three years, and the latest operating margin is -5.8% on a 88% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 9.2 more years — the full budget, by contrast, is covered for about 6 months if every revenue line stopped. The board conversation here is the recovery plan for the operating model and the timeline to break-even. NACUBO Composite Financial Index: -0.2 / 10, distressed.
Noor-Ul-Iman School reported $8.4M in revenue against $8.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $4.7M — about 0.53x annual operating expense.
Operating margin landed at -5.8%, with 87.7% of revenue coming from tuition. Among same-size peers, that puts Noor-Ul-Iman School at the p17 on operating margin.
$8.4M
REVENUE FY2023
-5.8%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Noor-Ul-Iman School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Noor-Ul-Iman School ranks 17th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
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