Overview
What is Islamic Education Foundation Of Nj Inc?
The Islamic Education Foundation of New Jersey, abbreviated as IEF, is a dedicated nonprofit organization with a primary focus on nurturing young Muslims. Based in New Jersey, IEF operates a full-time school catering to students from preschool to twelfth grade. Their mission is to foster an environment that encourages critical thinking and a deep understanding of Islamic values and faith. The IEF aims to shape their students into individuals who embody the essence of their faith, promoting active minds and a strong sense of belief.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 31%, Zero-Star out of Four Star rating.
The Islamic Education Foundation of NJ Inc has received a low rating of 31% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. Key areas of strength include a fully independent board, which consists of 100% independent members, and proper documentation of meeting minutes. However, the organization is lacking in several critical policies and financial disclosures that are essential for fostering trust and credibility.
Significantly, the foundation failed to provide financial statements and has missing policies related to conflict of interest and whistleblower protections, all of which contributed to its low overall score. Additionally, the foundation's ratios for program expenses and liabilities compared to assets are alarmingly low, suggesting minimal investment in its programs and potential financial instability.
While the organization demonstrates some structural strengths, the lack of transparency and adherence to best practices limits its effectiveness and raises concerns for potential donors about the wise use of their contributions. It is recommended that potential supporters consider these factors carefully before engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Islamic Education Foundation Of Nj Inc legitimate?
Islamic Education Foundation Of Nj Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islamic Education Foundation Of Nj 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: $2,377,425
For more financial information, click here
What is the mission statement of Islamic Education Foundation Of Nj Inc?
The Islamic Education Foundation of New Jersey, abbreviated as IEF, is committed to its mission of fostering the growth of young Muslims. This mission involves nurturing active minds and instilling a deep understanding of Islamic values and faith in its students. From pre-K through 12th grade, the foundation provides a full-time educational environment that encourages the development of well-rounded individuals who embody the principles of their faith.
Who is the CEO of Islamic Education Foundation Of Nj Inc?
Said Abbasi is the Board Chairman of Islamic Education Foundation Of Nj Inc.
What is the revenue of Islamic Education Foundation Of Nj Inc?
Islamic Education Foundation Of Nj Inc's revenue in 2022 was $4,370,006.
Who are the executives of Islamic Education Foundation Of Nj Inc and what are their salaries?
The average compensation at Islamic Education Foundation Of Nj Inc during 2022 was $24,510. There are 97 employees at Islamic Education Foundation Of Nj Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Islamic Education Foundation Of Nj Inc?
Islamic Education Foundation Of Nj Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Islamic Education Foundation Of Nj Inc
The Islamic Education Foundation of New Jersey, abbreviated as IEF, is committed to its mission of shaping the future of young Muslims. Their primary objective is to foster the development of children with intellectually active minds and a deep-seated understanding of Islamic values and faith. By providing a full-time educational program, from pre-K through 12th grade, IEF aims to instill in its students a strong sense of their religious and cultural identity. This mission is geared towards nurturing well-rounded individuals who can navigate the complexities of the modern world while upholding the core principles of their faith.
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Impact
October, 2024
The Islamic Education Foundation of NJ Inc plays a pivotal role in shaping the minds and characters of young Muslims in the community. By offering a full-time educational program for students from pre-kindergarten through 12th grade, it provides a structured environment where Islamic values intertwine seamlessly with academic learning.
The mission focuses on developing young Muslims with active minds, fostering critical thinking, and instilling a deep understanding of their faith. This emphasis on both educational excellence and religious upbringing helps cultivate a generation that is not only knowledgeable but also grounded in Islamic principles. As a result, students emerge with a strong sense of identity, capable of navigating the complexities of modern society while remaining true to their beliefs.
In addition to academic achievements, the foundation's impact extends to community cohesion, as it encourages collaboration among families and promotes a supportive environment for students to learn and grow together. The foundation ultimately contributes to the overall enrichment of the community by nurturing responsible, informed, and engaged young individuals who can carry forward the values of Islam in their lives.
This information is meant to be a general summary of Islamic Education Foundation Of Nj 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.
- Program Service Revenue: $4,147,026
- Gross Receipts: $4,370,006
Assets and Liabilities:
- Total Assets: $2,513,070
- Total Liabilities: $36,461
- Net Assets: $2,476,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Programs
Revenue
$4,147,026
Organization Details
Founding Year
1995
Phone
(973) 785-2300Principal Officer
Said Abbasi
Main Address
PO BOX 4380, Wayne, NJ, 07470
NTEE Category
Code: X40 - Religion related
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