Molla Charitable Foundation Inc
- Assets
- $15.2k
- Revenue
- $59.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Warrenville, IL
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-3685601
Organization Overview
Molla Charitable Foundation Inc is located in Warrenville, IL. The organization was established in 2016. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Molla Charitable Foundation 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 12/2021, Molla Charitable Foundation Inc generated $59.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 55.4% each year . All expenses for the organization totaled $57.2k during the year ending 12/2021. While expenses have increased by 54.5% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO KS CHARITABLE CLINICELDER EDUCTION CENTER TUTTORING CENTER OLD AGE ASRAM PUBLIC LIBRARY COVID MEAL KIDSFOOD CLOTH DONATION DONATION TO CHURCH MOSQUE FOR FUNERALEYE SURGERYST JUDE CHILDREN
IL POLICE ASSOCIATION UNITED CANCER KIDS WISH HESED HOUSE VETERANS PAC CHILDREN LEUKEMIA AUTISTIC ST JUDGE CHILDEREN HOSPITAL TO VETERANS FOUNDATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arif Molla Director | 0 | $0 | |
Ayesha Molla Director | 0 | $0 | |
Ashif Molla Director | 0 | $0 | |
Abul Molla Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,211 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $350 |
| Other expenses | $0 |
| Total operating and administrative expenses | $720 |
| Contributions, gifts, grants paid | $56,478 |
| Total expenses and disbursements | $57,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,186 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,186 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Molla Charitable Foundation Inc has awarded $17,054 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RAJESH PATOWARY PURPOSE: PURCASED VAN TO CONDUCT TRANSPORT BUSINSS | $11,732 |
KHALEDA SAFIULLAH FREE TUTORIAL CEN PURPOSE: EDUCATION HELP TO ELDERLY AND POOR | $2,922 |
KHALEDA SAFIULLA HOMEOPATHIC CHRITABLE CLINIC PURPOSE: MEDICAL TREATMENT MEDICINE TO POOR | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |
Coordinated Advice And Referral Program For Legal Services Chicago, IL | $2,874,944 | $4,385,388 |
Illinois Child Care Bureau Chicago, IL | $364,682 | $4,111,886 |
After The Harvest Kansas City, MO | $781,454 | $3,296,471 |
Wisconsin Communty Action Program Association Incorporated Madison, WI | $526,927 | $3,675,578 |