Al-Furqan is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Al-Furqan 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 12/2023, Al-Furqan generated $52.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $68.4k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
CONDUCTED YEAR AROUND PRAYER SERVICES FOR A SMALL CONGREGATION OF LESS THAN 100 WORSHIPPERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachariah A Ansari Director | 0 | $0 | |
Madiha Asif Director | 0 | $0 | |
Yousuf Siddiqui Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $5,000 |
| Occupancy, rent, utilities, and maintenance | $25,035 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,399 |
| Total expenses | $68,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,847 |
| Other assets | $0 |
| Total assets | $43,847 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,847 |