The Nooril-Iman Charitable Foundation Inc
- Assets
- $501.1k
- Revenue
- $1.3m
- Investments
- $15.1k
- Employees
- 0
- Location
- Tewksbury, MA
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 04-3524114
Organization Overview
The Nooril-Iman Charitable Foundation Inc is located in Tewksbury, MA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nooril-Iman Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nooril-Iman Charitable Foundation Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $880.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nooril-Iman Charitable Foundation Inc has awarded 79 individual grants totaling $18,372,443. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $537 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,300,537 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $399 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $525 |
| Total operating and administrative expenses | $12,187 |
| Contributions, gifts, grants paid | $867,933 |
| Total expenses and disbursements | $880,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $486,016 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,122 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $501,138 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Nooril-Iman Charitable Foundation Inc has awarded $867,933 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY SCHOOL OF MEDICINE PURPOSE: GENERAL | $25,000 |
DAWAT-E-HADIYAH (AMERICA) PURPOSE: GENERAL | $745,933 |
HARVARD UNIVERSITY PURPOSE: GENERAL | $25,000 |
LAWRENCE ACADEMY PURPOSE: GENERAL | $5,000 |
LOWELL GENERAL HOSPITAL PURPOSE: GENERAL | $5,000 |
PHILLIPS ACADEMY PURPOSE: GENERAL | $5,000 |