Form 990 for tax year 2023
Filed by NAJAM INSTITUTE FOUNDATION INC.
Totals
- Total revenue
- $1,181,926
- Total expenses
- $1,105,205
- Contributions and grants received
- $164,947
- Grants paid
- $351,134
- Program service revenue
- $16,456
- Investment income
- $0
- Other revenue
- $1,000,523
- Total assets, end of year
- $113,931
- Total liabilities, end of year
- $25,177
- Net assets or fund balances, end of year
- $88,754
- Program services expenses (Part IX)
- $1,105,205
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,105,205
Program services were 100.0% 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.
-
1d · Related organizations
$30,545
-
1f · All other contributions, gifts and grants
$134,402
-
2a · Program service revenue: Tuition Fees
total $16,456
-
8a · Fundraising events: gross income
$3,085,209
-
8b · Fundraising events: direct expenses
$2,084,686
-
8c · Net income from fundraising events
total $1,000,523
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $255,975 · program services $255,975
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $95,159 · program services $95,159
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $133,615 · program services $133,615
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $7,655 · program services $7,655
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $15,906 · program services $15,906
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $251,958 · program services $251,958
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,844 · program services $2,844
-
24a · Other expenses: Books, Media, Publications
total $286,809 · program services $286,809
-
24b · Other expenses: Program Expenses
total $54,327 · program services $54,327
-
24c · Other expenses: Bank Fees
total $957 · program services $957
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,033 · end of year $113,931
-
17 · Accounts payable and accrued expenses
end of year $25,177
-
31 · Retained earnings, endowment or other funds
beginning of year $12,033 · end of year $88,754
Mission and programs · 2023
Mission
Providing humanetarian help to families in need. Providing free classical Islamic knowledge with simplicity at the ease of your schedule Also, classes on Essentials of Islam, Arabic language, Tafseer Jalalain, etc.
-
During the year various fund raising events were conducted via social media. As a result, the organization was able to provide financial help of 351,134 to outside organizations in need of funds. Program service expenses includes 251,958 payments to affiliated organizations.
Expenses $1,105,205 · Revenue $1,181,926
As filed on the 2023 return.
Listed in Part VII
-
Mohammed F Wahid
Mufti Imam
- Total calculated
- $174,000
- From this org
- $45,000
- From related orgs
- $129,000
- Other
- $0
- Hours/week
- 20 + 30 related
-
Mohammed S Wahid
Mufti Imam
- Total calculated
- $118,259
- From this org
- $37,023
- From related orgs
- $81,236
- Other
- $0
- Hours/week
- 16 + 34 related
-
Ahad Ahmed Yousof
CFO
- Total calculated
- $0
- Hours/week
- 10 + 2 related
-
Omer Mutaqi
Secretary
- Total calculated
- $0
- Hours/week
- 10 + 2 related
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
-
Hidayah Community Center Inc
$100,000
Humanetarian Relief
-
United Hands Relief
$61,432
Humanetarian Relief
-
Freedom Phianthropies Inc
$55,310
Humanetarian Relief
-
Falah Ventures LLC
$20,000
Humanetarian Relief
-
Zakat Foundation of America
$4,449
Humanetarian Relief
-
Voices of Muslims Inc
$3,500
Humanetarian Relief
-
Community Masjid Inc
$1,000
Humanetarian Relief
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c3 · Religious School, Educational activities to promote true teachings of Islam · GA · controlled entity
Directly controlled by Yes
-
501c3 · Religious School, Educational activities to promote true teachings of Islam · GA · controlled entity
Directly controlled by Yes
-
501c3 · Charitable, Religious, Educational activities to promote true teachings of Islam · GA · controlled entity
Directly controlled by Yes
-
Islamic Institute of Atlanta Inc
501c3 · Religious School, Educational activities to promote true teachings of Islam · GA · controlled entity
Directly controlled by Yes
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
IQAP INC
C Corp · Sale of auto parts and scrapmetal · GA
Directly controlled by No
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431369349309833
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