The Islamic Foundation Of Nevada

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that The Islamic Foundation Of Nevada meets some standards of accountability and transparency but falls short in several crucial areas. The organization has a solid program expense ratio of 92.63%, which suggests that the majority of its funds are directed towards its mission-related activities.

The foundation benefits from a fully independent board of directors, which is essential for governance and transparency. However, the lack of key financial documents on its website, including financial statements and tax forms, raises concerns regarding the organization's overall transparency. Additionally, the absence of a conflict of interest policy, whistleblower policy, and document retention policy suggests that there may be gaps in governance practices.

While the organization demonstrates strong financial management with no material diversion of assets and a healthy liabilities-to-assets ratio, the missing policies and documents indicate areas for improvement. Addressing these limitations could enhance the foundation's accountability and boost its rating in the future.

This AI summary has been generated from information found on Charity Navigator.

The Islamic Foundation Of Nevada is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Islamic Foundation Of Nevada 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: $1,042,888

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