A Continuous Charity Foundation

Organization Overview

A Continuous Charity Foundation is located in Irving, TX. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Continuous Charity Foundation 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 12/2020, A Continuous Charity Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $553.8k during the year ending 12/2020. While expenses have increased by 42.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE STUDENTS IN FINANCIAL NEED

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES NON-INTEREST BASED LOANS TO STUDENTS TO HELP PAY FOR COLLEGE EDUCATION. AS LOANS ARE REPAID THE ORGANIZATION DOES NOT EXPECT, COLLECT, OR RECORD INTEREST. THE ORGANIZATION DOES NOT PROFIT FROM THESE LOANS, AS LOANS ARE REPAID, THE CAPITAL IS RE-AWARDED TO NEW APPLICATS. THIS IS THE ORGANIZATIONS SOLE PROGRAM SERVICE. ___ RECEIPIENTS WERE SERVICED THIS YEAR.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Athar Haq
President
$0
Asrar Qazi
Vice President
$0
Sanaa Khan
Treasurer
$0
Suleiman Morgan
Secretary
$0
Safiullah Shareef
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,036,219
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,036,219
Total Program Service Revenue$0
Investment income $15,097
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $136,847
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,188,163

Grants Recieved

Over the last fiscal year, we have identified 6 grants that A Continuous Charity Foundation has recieved totaling $92,477.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$45,258
Muslim Aid America

Mclean, VA

PURPOSE: PROGRAM SUPPORT

$25,000
American Muslim Community Foundation

Fremont, CA

PURPOSE: FOR GENERAL PHILANTHROPY, RELIGIOUSLY MANDATED ALMSGIVING AND COMMUNITY POOLED FUNDING.

$14,650
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$6,365
Verizon Foundation

Basking Ridge, NJ

PURPOSE: MIP PAYOUT FOR 04/07/21

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$204
View Grant Recipient Profile

Create an account to unlock the data you need.

or