Skip to content
Nonprofiteer
← THE FOUNDATION OF THE ISLAMIC CENTER OF GREATER TOLEDO INC

Form 990 for tax year 2024

Filed by THE FOUNDATION OF THE ISLAMIC CENTER OF GREATER TOLEDO INC.

Totals

Total revenue
$1,242,801
Total expenses
$390,121
Contributions and grants received
$618,618
Grants paid
$373,324
Program service revenue
$0
Investment income
$622,515
Other revenue
$1,668
Total assets, end of year
$3,276,380
Total liabilities, end of year
$1,305
Net assets or fund balances, end of year
$3,275,075
Program services expenses (Part IX)
$373,324
Management and general expenses
$16,797
Fundraising expenses
$0
Program service expenses (Part III)
$373,324

Program services were 95.7% 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.

  • 1f · All other contributions, gifts and grants

    $618,618

  • 3 · Investment income

    total $44,532 · unrelated business $0 · excluded $44,532

  • 7a · Gross sales of assets other than inventory

    securities $3,527,893

  • 7b · Less cost or other basis and sales expenses

    securities $2,949,910

  • 7c · Gain or loss

    securities $577,983

  • 7d · Net gain or loss

    total $577,983 · related or exempt $0 · unrelated business $0 · excluded $577,983

  • 11a · Other revenue: INSURANCE PREMIUM REFUND

    total $1,668 · related or exempt $1,668 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $1,668

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $373,324 · program services $373,324

  • 11c · Fees: accounting

    total $15,147 · program services $0 · management and general $15,147 · fundraising $0

  • 13 · Office expenses

    total $82 · program services $0 · management and general $82 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,262 · program services $0 · management and general $1,262 · fundraising $0

  • 23 · Insurance

    total $106 · program services $0 · management and general $106 · fundraising $0

  • 24a · Other expenses: 2022 OHIO FILING

    total $200 · program services $0 · management and general $200 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $263,305 · end of year $375,990

  • 4 · Accounts receivable

    beginning of year $29,967 · end of year $29,967

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

    $19,985

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

    $10,916

  • 10c · Land, buildings and equipment, net

    beginning of year $10,331 · end of year $9,069

  • 12 · Investments: other securities

    beginning of year $2,343,002 · end of year $2,861,354

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,750 · end of year $1,305

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,639,855 · end of year $3,275,075

Mission and programs · 2024

Mission

TO SERVE AS A CHARITABLE TRUST FOR THE BENEFIT OF THE ISLAMIC CENTER OF GREATER TOLEDO, INCLUDING THE MOSQUE, THE SCHOOL, AND OTHER RELATED COMMUNITY PROGRAMS.

Activities or mission (Part I)

OPERATE FOR THE ADVANCEMENT OF ISLAM AND ISLAMIC EDUCATION, THE PERPETUAL MAINTENANCE OF THE MOSQUE OF THE ISLAMIC CENTER OF GREATER TOLEDO AND ITS GROUNDS, AND FOR OTHER

  • CONTRIBUTIONS TO LOCAL FOOD BANKS

    Expenses $363,824

  • ISLAMIC CENTER OF GREATER TOLEDO FOR COLLEGE SCHOLARSHIPS

    Expenses $9,500

  • ISLAMIC CENTER OF GREATER TOLEDO FOR MOSQUE OVERHEAD

As filed on the 2024 return.

Listed in Part VII

  • Nadia Ashraf-Moghal

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Jameel Burkett

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Saleem Zafar

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • M Razi Rafeeq

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Naveed Ahmed

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Rita Mansour

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Nasir Ali

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Agha Shahid

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Steven Ariss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ISLAMIC FOOD BANK OF TOLEDO

    FOOD BANK DONATIONS · OH · income $464,485 · assets $322,252

    Directly controlled by THE FOUNDATION OF THE ISLAMIC CENTER OF GREATER TOLEDO INC

Provenance

Return type
form_990
Tax year
2024
Filed
4 May 2025
IRS schema version
2024v5.2
Source object
202513219349309176

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.