Overview
What is Oasis Initiative Foundation?
The Oasis Initiative Foundation is a nonprofit organization that focuses on educating American Muslims about their faith. Through religion classes, they broaden the perspective of Islamic tradition, delving into spiritual growth and the lively practice of worship. Beyond these classes, they also organize speaking engagements for both religious, cultural, and educational purposes. The foundation aims to enrich the understanding and experience of Islam for its American Muslim community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating
The Oasis Initiative Foundation has received an impressive score of 89%, which reflects a strong commitment to accountability and financial health. The Foundation achieved a perfect score in key areas such as independent board member composition and the absence of material diversion of assets, indicating robust governance practices. Their financial statements are also audited, adding an extra layer of credibility to their fiscal management.
The organization demonstrates effective financial stewardship, with a program expense ratio of 68.97%, suggesting that a significant portion of their funds directly supports their programs. This efficiency is further underscored by their low liabilities to assets ratio of 2.83%, indicating a solid financial foundation. The presence of a conflict of interest policy and proper documentation of board meeting minutes points to a structured approach in their operations.
While the overall rating is commendable, it is important for potential donors to consider that the score is solely based on accountability and finance. Therefore, additional insights into the organization's programmatic impact and community engagement would provide a more comprehensive picture of its effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Oasis Initiative Foundation legitimate?
Oasis Initiative Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oasis Initiative Foundation 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: $111,097
For more financial information, click here
What is the mission statement of Oasis Initiative Foundation?
The Oasis Initiative Foundation's mission revolves around conducting religion classes that delve into the rich traditions of Islam, aiming to enhance the understanding of the faith for American Muslims. Topics such as spiritual cultivation and bringing worship to life are explored in these classes. Furthermore, the foundation organizes speaking engagements with religious, cultural, and educational motivations.
Who is the CEO of Oasis Initiative Foundation?
Faisal Ghias is the Chairman of Oasis Initiative Foundation.
What is the revenue of Oasis Initiative Foundation?
Oasis Initiative Foundation's revenue in 2022 was $1,258,354.
Who are the executives of Oasis Initiative Foundation and what are their salaries?
The average compensation at Oasis Initiative Foundation during 2022 was $111,097. There is 1 employee at Oasis Initiative Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Oasis Initiative Foundation?
Oasis Initiative Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oasis Initiative Foundation
The Oasis Initiative Foundation is an organization dedicated to educating Muslim Americans about their faith. Through religion classes, it broadens their understanding of the rich Islamic tradition. The foundation's mission is to foster spiritual growth and bring worship to life for its members. In addition to these classes, the Oasis Initiative Foundation also arranges speaking engagements that serve both religious, cultural, and educational purposes.
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Impact
October, 2024
The Oasis Initiative Foundation has made a significant impact on the American Muslim community by providing in-depth religion classes that deepen understanding of Islamic traditions. These classes focus on spiritual cultivation and practical aspects of worship, helping participants connect more profoundly with their faith. By broadening the knowledge base of American Muslims, the foundation empowers individuals to navigate their spiritual journeys with greater confidence.
Additionally, the foundation organizes speaking engagements that foster cultural and educational dialogue, promoting a richer understanding of Islam within both Muslim and broader communities. This initiative not only strengthens individual faith but also enhances community ties, creating an inclusive environment where diverse perspectives are appreciated and explored. Through these efforts, the Oasis Initiative Foundation plays a pivotal role in nurturing informed and engaged Muslim citizens in America.
This information is meant to be a general summary of Oasis Initiative Foundation. 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: $829,680
- Gross Receipts: $1,258,354
Assets and Liabilities:
- Total Assets: $769,146
- Total Liabilities: $21,782
- Net Assets: $747,364
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$143,504
Other Programs
Revenue
$686,176
Organization Details
Founding Year
2012
Phone
(847) 417-3056Principal Officer
Faisal Ghias
Main Address
1738 PROVENANCE WAY, Northbrook, IL, 60062
NTEE Category
Code: X40 - Religion related
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