Overview
What is Muslim Foundation Inc?
Muslim Foundation Inc is a nonprofit organization based in Somerset, New Jersey, located at 47 Cedar Grove Lane. Their primary objective is to foster the religious teachings, traditions, and philosophy of Muslims, particularly those following the Jafri faith, within their community. This is done through Sunday school activities, which also promote moral and social interests. Their mission extends beyond the Muslim community, aiming to achieve peaceful coexistence and harmony with other ethnic groups and followers of different faiths residing in the USA. The organization operates with a team of 5 dedicated individuals.
Official website here: www.masjid-e-ali.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star Rating)
Muslim Foundation Inc has received a low rating of 44% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has no independent board members, which raises questions about governance and oversight. Additionally, it lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which could help foster transparency and trust.
On a more positive note, the foundation has shown no material diversion of assets and maintains a satisfactory liabilities to assets ratio of 28.33%. Furthermore, a substantial portion of its expenses, 62.14%, goes towards its programs, suggesting a commitment to its mission despite governance challenges.
However, the absence of independent oversight and critical policies undermines the organization’s credibility and effectiveness. Potential donors and stakeholders may want to consider these factors before supporting the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Muslim Foundation Inc legitimate?
Muslim Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muslim Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,717
For more financial information, click here
Official website here: www.masjid-e-ali.com
What is the mission statement of Muslim Foundation Inc?
The Muslim Foundation Inc's primary objective is to enhance the lives of Muslims, particularly those following the Jafri faith, in accordance with divine laws. This is done for the well-being of the community and to foster peaceful co-existence and harmony with various ethnic groups and followers of other religions residing in the United States. The organization's mission is also geared towards promoting understanding and harmony among different faiths. Besides religious activities, the Muslim Foundation Inc also encourages literary, moral, and social interest within the community through its Sunday school activities.
Official website here: www.masjid-e-ali.com
Who is the CEO of Muslim Foundation Inc?
Dr Parviz Hamedani is the President of Muslim Foundation Inc.
Official website here: www.masjid-e-ali.com
What is the revenue of Muslim Foundation Inc?
Muslim Foundation Inc's revenue in 2022 was $1,711,494.
Official website here: www.masjid-e-ali.com
Who are the executives of Muslim Foundation Inc and what are their salaries?
The average compensation at Muslim Foundation Inc during 2022 was $32,143. There are 5 employees at Muslim Foundation Inc.
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Official website here: www.masjid-e-ali.com
Where can I find the form 990 for Muslim Foundation Inc?
Muslim Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masjid-e-ali.com
Learn more at the official website: www.masjid-e-ali.com
Mission Statement of Muslim Foundation Inc
Muslim Foundation Inc, a nonprofit organization, has a primary mission to enhance the lives of Muslims, particularly those following the Jafri faith, in accordance with divine laws. This mission is aimed at ensuring the well-being of the Muslim community and fostering peaceful coexistence and harmony with other ethnic groups and followers of different faiths residing in the USA. The organization strives to achieve this objective by promoting religious teachings, traditions, and philosophy through its Sunday school activities. These activities not only encourage the literary, moral, and social interests of the community but also serve to strengthen their bond with their faith.
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Impact
October, 2024
Muslim Foundation Inc significantly influences the local community by promoting a harmonious coexistence among diverse ethnic groups and faiths in the United States. By focusing on the well-being of Muslims, particularly those from the Jafri faith, the organization provides a supportive environment that encourages adherence to divine laws and moral values.
Through Sunday school activities, the foundation fosters the religious teachings and traditions that are essential for personal and communal growth. These programs not only enhance the literary and moral interests of participants but also strengthen social bonds within the community. Moreover, by emphasizing peaceful coexistence, Muslim Foundation Inc plays a crucial role in nurturing understanding and respect between different cultural and religious groups, thus contributing to a more harmonious society overall.
This information is meant to be a general summary of Muslim Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $310
- Program Service Revenue: $106,345
- Gross Receipts: $1,711,494
Assets and Liabilities:
- Total Assets: $12,369,622
- Total Liabilities: $3,505,310
- Net Assets: $8,864,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUNDAY SCHOOL
Revenue
$70,466
BANQUET HALL
Revenue
$35,879
Organization Details
Founding Year
1981
Phone
(201) 338-1710Principal Officer
Dr Parviz Hamedani
Main Address
47 CEDAR GROVE LANE, SOMERSET, NJ, 088731377
Website
www.masjid-e-ali.comNTEE Category
Code: X40 - Religion related
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