Skip to content
Nonprofiteer
← NIGERIAN ISLAMIC ASSOCIATION OF USA

Form 990 for tax year 2023

Filed by NIGERIAN ISLAMIC ASSOCIATION OF USA.

Totals

Total revenue
$763,065
Total expenses
$493,212
Contributions and grants received
$0
Grants paid
$19,800
Program service revenue
$763,065
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,835,029
Total liabilities, end of year
$93,563
Net assets or fund balances, end of year
$2,741,466
Program services expenses (Part IX)
$448,512
Management and general expenses
$25,881
Fundraising expenses
$18,819
Program service expenses (Part III)
$448,512

Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: General Donation

    total $475,267 · related or exempt $475,267

  • 2b · Program service revenue: Ramadan Donation

    total $71,270 · related or exempt $71,270

  • 2c · Program service revenue: Dinner Fund

    total $13,700 · related or exempt $13,700

  • 2d · Program service revenue: BOT Fundraising

    total $60,000 · related or exempt $60,000

  • 2e · Program service revenue: Interest Income

    total $27 · related or exempt $27

  • 2f · All other program service revenue

    total $142,801 · related or exempt $142,801

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $19,800 · program services $19,800

  • 11c · Fees: accounting

    total $500 · management and general $500

  • 11g · Fees: other

    total $20,568 · program services $13,053 · management and general $7,515

  • 12 · Advertising and promotion

    total $14,971 · fundraising $14,971

  • 16 · Occupancy

    total $31,857 · program services $31,857

  • 22 · Depreciation, depletion and amortization

    total $268,855 · program services $268,855

  • 23 · Insurance

    total $4,327 · program services $4,327

  • 24a · Other expenses: General Mosque expenses

    total $4,327 · program services $4,327

  • 24b · Other expenses: Repairs & maintenance

    total $35,701 · program services $35,701

  • 24c · Other expenses: Ramadan expenses

    total $33,049 · program services $33,049

  • 24d · Other expenses: Professional Services

    total $37,543 · program services $37,543

  • 24e · All other expenses

    total $21,714 · management and general $17,866 · fundraising $3,848

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $916,323 · end of year $1,401,181

  • 7 · Other notes and loans receivable

    beginning of year $5,500 · end of year $5,000

  • 10a · Land, buildings and equipment: cost or other basis

    $2,030,824

  • 10b · Land, buildings and equipment: accumulated depreciation

    $601,976

  • 10c · Land, buildings and equipment, net

    beginning of year $1,549,245 · end of year $1,428,848

  • 13 · Investments: program-related

    beginning of year $92,145

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,658 · end of year $20,621

  • 24 · Unsecured notes and loans payable

    beginning of year $72,942 · end of year $72,942

  • 28 · Net assets with donor restrictions

    beginning of year $2,471,613 · end of year $2,741,466

Mission and programs · 2023

Mission

The Corporation was formed to promote and cater for Nigerian Muslim community in the United States by operating a religious organization according to the principles of Islmic faith.

  • The organization achievemnts include advancement of Islamic faith, education and relief for the poor among Nigerians and other community in the USA.

    Expenses $448,512 · Revenue $763,065

As filed on the 2023 return.

Listed in Part VII

  • Olanrewaju I Abayomi

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433219349301308

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.