Overview
What is Islamic Seminary Foundation Inc?
The Islamic Seminary Foundation Inc, located in Richardson, Texas, serves as a nonprofit organization dedicated to fostering future leaders with a distinct Islamic perspective. During the 2021-2022 fiscal year, their activities included offering remote learning courses, hosting webinars, constructing a library, establishing a leadership center and conducting training sessions, organizing student workshops, and providing aid to needy students. Their mission is to cultivate generations of outstanding individuals who can effectively address contemporary challenges and opportunities from an Islamic perspective. With a team of 17 dedicated employees, the Islamic Seminary Foundation continues its mission of shaping future leaders with a strong, Islamic foundation.
Official website here: www.islmaicseminary.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%)
The Islamic Seminary Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational areas. The organization shows strengths in board governance, with a fully independent board and high scores for accountability and finance. Their program expense ratio is commendable at 72.94%, suggesting a strong focus on their mission-related activities.
However, significant limitations in transparency have been noted, including the absence of financial statements and missing key policies such as a whistleblower policy and document retention procedures. Additionally, the nonprofit's website is not listed on their tax forms, which further complicates public access to vital information. Addressing these gaps will be crucial for enhancing its reputation and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Islamic Seminary Foundation Inc legitimate?
Islamic Seminary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islamic Seminary 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: $163,607
For more financial information, click here
Official website here: www.islmaicseminary.us
What is the mission statement of Islamic Seminary Foundation Inc?
The Islamic Seminary Foundation Inc's mission is centered around nurturing exceptional individuals who can navigate modern issues from an Islamic perspective. Their objective is to develop both thinkers and doers who can effectively address contemporary challenges and opportunities. In the 2021-2022 fiscal year, the foundation engaged in various activities such as offering remote learning courses, hosting webinars, building a library, creating a leadership center and training program, conducting student workshops, and providing charity for needy students. These activities are all aligned with their mission of cultivating world-class leaders who can influence society from an Islamic perspective.
Official website here: www.islmaicseminary.us
Who is the CEO of Islamic Seminary Foundation Inc?
Alim Khandekar is the Treasurer of Islamic Seminary Foundation Inc.
Official website here: www.islmaicseminary.us
What is the revenue of Islamic Seminary Foundation Inc?
Islamic Seminary Foundation Inc's revenue in 2022 was $958,606.
Official website here: www.islmaicseminary.us
Who are the executives of Islamic Seminary Foundation Inc and what are their salaries?
The average compensation at Islamic Seminary Foundation Inc during 2022 was $9,624. There are 17 employees at Islamic Seminary Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.islmaicseminary.us
Where can I find the form 990 for Islamic Seminary Foundation Inc?
Islamic Seminary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.islmaicseminary.us
Learn more at the official website: www.islmaicseminary.us
Mission Statement of Islamic Seminary Foundation Inc
The Islamic Seminary Foundation Inc is committed to nurturing exceptional individuals who can effectively navigate contemporary issues while upholding Islamic values. Their mission is to foster the development of skilled leaders who can engage with contemporary challenges and opportunities from an Islamic perspective. In the 2021-2022 fiscal year, the foundation demonstrated its dedication to this mission by participating in and organizing various activities, such as offering remote learning courses, hosting webinars, constructing a library, establishing a leadership center and training facility, conducting student workshops, and providing charity for needy students. These initiatives all serve to support the foundation's goal of cultivating a new generation of world-class thinkers and doers who can lead with an Islamic perspective.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Islamic Seminary Foundation Inc's impact can be seen in its dedication to cultivating generations of world-class doers and thinkers who lead from an Islamic paradigm while engaging contemporary challenges and opportunities. In the 2021-2022 fiscal year, the organization actively participated in various activities to fulfill its mission, including offering remote learning courses, conducting webinars, building a library, developing a leadership center and training programs, hosting student workshops, and providing charity for needy students. These initiatives have not only enhanced educational opportunities for individuals in Richardson, TX, but have also contributed to the development of a strong foundation for future leaders in the community.
This information is meant to be a general summary of Islamic Seminary 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.
- Gross Receipts: $958,606
Assets and Liabilities:
- Total Assets: $1,045,060
- Total Liabilities: $1,614
- Net Assets: $1,043,446
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Principal Officer
Alim Khandekar
Main Address
PO BOX 851143, RICHARDSON, TX, 75085
Website
www.islmaicseminary.usNTEE Category
Code: B99 - Education
If you are a representative of Islamic Seminary Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.