Overview
What is Tayseer Foundation?
The Tayseer Foundation, situated in Knoxville, Tennessee, is a nonprofit organization dedicated to charitable, religious, and educational pursuits. Their primary focus is providing formal academic training in Islamic studies to students in need. With a small team of seven dedicated individuals, the foundation operates solely for the betterment of its community. Their mission encompasses offering opportunities for learning and personal growth within the realms of faith and knowledge, contributing positively to society.
Official website here: www.tayseerseminary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Tayseer Foundation has earned a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With an overall score of 87%, the foundation demonstrates solid financial health, shown by a high program expense ratio of 96.33%, indicating that the majority of its resources are directed toward its mission rather than administrative costs. The organization has a well-structured board, with 71% of its members being independent.
However, the foundation does have some areas for improvement. Notably, it lacks essential policies like a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are critical for maintaining transparency and trust. Additionally, while the fundraising efficiency ratio is low, the organization's liabilities to assets ratio is very favorable, highlighting its financial stability in other aspects.
Overall, while Tayseer Foundation showcases strong financial management and accountability, addressing its policy gaps could further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Tayseer Foundation legitimate?
Tayseer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tayseer 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: $194,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,632
For more financial information, click here
Official website here: www.tayseerseminary.org
What is the mission statement of Tayseer Foundation?
The Tayseer Foundation is dedicated to serving charitable, religious, and educational causes. Its primary mission is to provide formal academic training in Islamic studies to students in need. The foundation is committed to making a positive impact in these areas, focusing on the provision of knowledge and education. While specific details about the extent of its activities or the number of students served are not provided, it can be inferred that the Tayseer Foundation aims to contribute to the development and understanding of Islamic studies for those in need.
Official website here: www.tayseerseminary.org
What is the revenue of Tayseer Foundation?
Tayseer Foundation's revenue in 2023 was $852,026.
Official website here: www.tayseerseminary.org
Who are the executives of Tayseer Foundation and what are their salaries?
The average compensation at Tayseer Foundation during 2023 was $35,789. There are 10 employees at Tayseer Foundation.
Here are 7 key members and their salaries:
- Compensation: $121,833
- Related: $0
- Other: $0
- Compensation: $72,425
- 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.tayseerseminary.org
Where can I find the form 990 for Tayseer Foundation?
Tayseer Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tayseerseminary.org
Learn more at the official website: www.tayseerseminary.org
Mission Statement of Tayseer Foundation
Tayseer Foundation is committed to serving a charitable, religious, and educational purpose. At its core, the organization's mission is to provide formal academic training in Islamic studies to students in need. By offering this educational opportunity, Tayseer Foundation seeks to make a positive impact in the lives of those who may not have had access to such resources otherwise. This mission aligns with the foundation's goal of operating exclusively for charitable, religious, and educational purposes, thereby contributing to the betterment of society.
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Impact
July, 2024
Tayseer Foundation provides formal academic training in Islamic studies for students in need, aiming to deepen their understanding of the religion. By offering this educational opportunity, the foundation seeks to make a positive impact by fostering knowledge and spirituality within the community. The foundation's focus on charitable, religious, and educational purposes reflects its commitment to serving the broader community through its initiatives.
This information is meant to be a general summary of Tayseer 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 2023.
- Investment Income: $3,051
- Program Service Revenue: $356,788
- Gross Receipts: $852,026
Assets and Liabilities:
- Total Assets: $4,022,251
- Total Liabilities: $41,944
- Net Assets: $3,980,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UMMRAH INCOME
Revenue
$273,289
TUITION INCOME
Revenue
$83,499
Organization Details
Founding Year
2012
Principal Officer
Hassan Lachheb
Website
www.tayseerseminary.orgNTEE Category
Code: X40 - Religion related
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