Overview
What is Birmingham Islamic Society Waqf?
Birmingham Islamic Society Waqf is a charitable trust established to support the Birmingham Islamic Society. Its primary objective is to enhance the property owned by the Birmingham Islamic Society, as well as to acquire new or additional facilities, real estate, or buildings for their use. The trust aims to contribute to the betterment and expansion of the Birmingham Islamic Society's resources, ultimately benefiting the community associated with this nonprofit organization located in Birmingham, Alabama (2524 Hackberry Lane, Birmingham, AL 35226).
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Star Rating)
The Birmingham Islamic Society Waqf has received a rating of 54%, which translates to a One-Star rating on Charity Navigator. This score is primarily driven by a singular focus on Accountability & Finance, where the organization has demonstrated strong governance practices, including a fully independent board and a well-documented conflict of interest policy. Additionally, the organization has no material diversion of assets and maintains comprehensive documentation of board meeting minutes.
Despite these strengths in governance, the organization's financial performance raises concerns, particularly its program expense ratio, which is reported as 0.00%. This indicates that there may be limited resources allocated directly to programs, which could affect the overall impact of their initiatives. Furthermore, a liabilities to assets ratio of 1.09% suggests that the organization may not be using its resources effectively.
Overall, while the Birmingham Islamic Society Waqf shows commendable practices in accountability and finance, significant questions arise regarding its financial health and programmatic efficacy. Stakeholders interested in this nonprofit should consider these factors when evaluating its effectiveness and potential for impact.
This AI summary has been generated from information found on Charity Navigator.
Is Birmingham Islamic Society Waqf legitimate?
Birmingham Islamic Society Waqf is a legitimate nonprofit organization registered as a 501(c)(3) entity. Birmingham Islamic Society Waqf 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: $0
For more financial information, click here
What is the mission statement of Birmingham Islamic Society Waqf?
The Birmingham Islamic Society Waqf's mission is centered around providing support for the Birmingham Islamic Society. Specifically, the objective is to enhance the existing property belonging to the society, as well as to acquire new or additional facilities, real estate, or buildings for its use. This mission is carried out through the Birmingham Islamic Society Waqf Trust, which serves to further the society's goals and needs.
Who is the CEO of Birmingham Islamic Society Waqf?
Hafiz Chandiwala is the Trustee of Birmingham Islamic Society Waqf.
What is the revenue of Birmingham Islamic Society Waqf?
Birmingham Islamic Society Waqf's revenue in 2022 was $67,724.
Who are the executives of Birmingham Islamic Society Waqf and what are their salaries?
There 6 volunteers at Birmingham Islamic Society Waqf.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Birmingham Islamic Society Waqf?
Birmingham Islamic Society Waqf's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Birmingham Islamic Society Waqf
Birmingham Islamic Society Waqf is a trust established with the purpose of supporting the Birmingham Islamic Society. Its mission is centered around enhancing the property owned by the Birmingham Islamic Society and expanding its facilities. This includes the acquisition of new or additional real estate or buildings that can be utilized by the society. The primary objective of Birmingham Islamic Society Waqf is to contribute to the improvement and growth of the Birmingham Islamic Society, thereby serving its community in an enhanced capacity.
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Impact
August, 2024
Birmingham Islamic Society Waqf plays a crucial role in supporting the Birmingham Islamic Society by facilitating improvements to its property and acquiring new facilities for its use. This support directly contributes to the growth and enhancement of the services and resources available to the Islamic community in Birmingham, Alabama. The impact of the Trust is reflected in the tangible improvements and expanded facilities that benefit the members of the Birmingham Islamic Society, thereby enriching their religious and community experiences.
This information is meant to be a general summary of Birmingham Islamic Society Waqf. 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: $24,564
- Gross Receipts: $67,724
Assets and Liabilities:
- Total Assets: $392,552
- Total Liabilities: $4,530
- Net Assets: $388,022
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Organization Details
Founding Year
2013
Principal Officer
Hafiz Chandiwala
Main Address
2524 HACKBERRY LANE, Birmingham, AL, 35226
NTEE Category
Code: X11 - Religion related
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