Islamic Foundation Of West Michigan Inc
- Assets
- $421.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 12/2011
- Data as of
- 12/2016
- EIN
- 30-0690205
Organization Overview
Islamic Foundation Of West Michigan Inc is located in Grand Rapids, MI. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Islamic Foundation Of West Michigan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Islamic Foundation Of West Michigan Inc generated $189.9k in total revenue. All expenses for the organization totaled $93.5k during the year ending 12/2016. While expenses have increased by 49.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PURPOSE IS TO BRIDGE THE INTERFAITH GAP BETWEEN THE ISLAMIC FAITH AND THE OTHER MAJOR RELIGIONS. A SCHOOL WILL BE BUILT AND OPERATED TO ACHIEVE THIS PURPOSE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ghulam Malik Board Chairm | 0 | $0 | |
Mrs Kausar S Malik Treasurer | 0 | $0 | |
Mrs Elaine Wahab Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,625 |
| Total Program Service Revenue | $14,289 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,128 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,336 |
| Total expenses | $93,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,457 |
| Other assets | $0 |
| Total assets | $421,388 |
| Total liabilities | $75,000 |
| Net assets or fund balances | $346,388 |