Overview
What is Olympia Lacey Islamic Center?
The Olympia Lacey Islamic Center is a nonprofit organization situated in Lacey, Washington, specifically at 7945 Pacific Avenue SE, 98503. Its primary purpose is to serve the local community and its members by offering both religious and educational services. The center's activities include providing spiritual guidance and hosting educational programs, aiming to foster a sense of unity and knowledge within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
The Olympia Lacey Islamic Center has received a low rating of 54% from Charity Navigator, indicating concerns about its overall accountability and financial management. While it boasts a perfect score on governance aspects, such as having 100% independent board members and listed policies for conflicts of interest and whistleblowing, the organization's financial metrics raise significant red flags.
The center's program expense ratio is notably low at 2.56%, suggesting that a minimal portion of its expenses is directed towards its charitable programs. This could imply that the majority of funds may not be used effectively to fulfill its mission, which is a critical factor for potential donors to consider. Additionally, the organization has a liabilities to assets ratio of 0.00%, which may be indicative of financial challenges or an underutilization of assets.
Despite the strengths in governance practices, the significant limitations in financial performance highlight the need for improvement in program spending. Prospective supporters should weigh these factors carefully when considering their contributions to the Olympia Lacey Islamic Center.
This AI summary has been generated from information found on Charity Navigator.
Is Olympia Lacey Islamic Center legitimate?
Olympia Lacey Islamic Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympia Lacey Islamic Center 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 Olympia Lacey Islamic Center?
The Olympia Lacey Islamic Center's mission is centered around providing religious and educational services to its community and its members. This organization strives to fulfill this mission by offering spiritual and educational resources to its constituents. The primary goal of the center is to cater to the religious needs and promote learning within its community, thereby enhancing their collective spiritual growth.
Who is the CEO of Olympia Lacey Islamic Center?
John Ganie is the Treasurer of Olympia Lacey Islamic Center.
What is the revenue of Olympia Lacey Islamic Center?
Olympia Lacey Islamic Center's revenue in 2022 was $16,890.
Who are the executives of Olympia Lacey Islamic Center and what are their salaries?
There 4 volunteers at Olympia Lacey Islamic Center.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Olympia Lacey Islamic Center?
Olympia Lacey Islamic Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Olympia Lacey Islamic Center
Olympia Lacey Islamic Center, as an organization, is committed to serving its community and its members by providing both religious and educational services. Their mission is centered around offering spiritual nourishment and educational resources to enhance the lives of those within their circle. By fulfilling this mission, the center aims to contribute positively to the well-being of its community, fostering a sense of unity and growth.
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
August, 2024
The Olympia Lacey Islamic Center has had a significant impact on the local community by providing religious and educational services to its members. Through its mission to offer spiritual guidance and educational programs, the center plays a vital role in fostering a sense of community and support among Muslims in the area. Additionally, the center contributes to the cultural diversity and religious tolerance of the region by promoting interfaith dialogue and understanding.
This information is meant to be a general summary of Olympia Lacey Islamic Center. 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: $16,890
Assets and Liabilities:
- Total Assets: $602,144
- Total Liabilities: $0
- Net Assets: $602,144
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1992
Phone
(360) 888-3582Principal Officer
John Ganie
Main Address
7945 Pacific Ave Se, Lacey, WA, 98503
NTEE Category
Code: X40 - Religion related
If you are a representative of Olympia Lacey Islamic Center 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.