International Institute Of Islamic Thought
- Assets
- $897.0k
- Revenue
- $10.1m
- Investments
- $128.1k
- Employees
- 29
- Location
- Herndon, VA
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 23-2202414
Organization Overview
International Institute Of Islamic Thought, operating under the name Iiit, is located in Herndon, VA. The organization was established in 1982. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2021, Iiit employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iiit 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 12/2021, Iiit generated $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $15.0m during the year ending 12/2021. While expenses have increased by 13.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Iiit has awarded 91 individual grants totaling $18,137,162. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IIIT'S MISSION IS TO CONDUCT AND DISSEMINATE EDUCATIONAL RESEARCH TO EMPOWER MUSLIM SOCIETIES WITH DATA-DRIVEN RECOMMENDATIONS FOR TRANSFORMATIVE EDUCATION POLICY AND PRACTICE. IIIT IS A CENTER OF EXCELLENCE IN EDUCATIONAL RESEARCH AND ISLAMIC THOUGHT WHOSE MAIN INTEREST IS ON CARRYING OUT EVIDENCE-BASED RESEARCH IN ADVANCING EDUCATION IN MUSLIM SOCIETIES AND THE DISSEMINATION OF THIS RESEARCH THROUGH PUBLICATION AND TRANSLATION, TEACHING, POLICY RECOMMENDATIONS, AND STRATEGIC ENGAGEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRATEGIC OUTREACH AND ENGAGEMENT - IIIT PROVIDES SCHOLARSHIP AID TO STUDENTS WORLDWIDE AND CONTRIBUTES TO EXEMPT ORGANIZATIONS AND CHARITABLE CAUSES FOR THE PUBLICATION, TEACHING, SEMINARS AND DISTRIBUTION OF SCHOLARLY BOOKS, JOURNALS AND FILMS.
RESEARCH, TFI, ACADEMIC SUPPORT AND LIBRARY - IIIT CONDUCTS EDUCATIONAL RESEARCH, HOLDS SEMINARS, CONFERENCES, AND WORKSHOPS, AND FUNDS CLASSROOM INSTRUCTION ON TOPICS OF INTEREST FROM ISLAMIC PERSPECTIVE.
GLOBAL POLICY RESEARCH - THE POLICY RESEARCH PROGRAM RESEARCHES AND ISSUES PUBLICATIONS COVERING FOREIGN POLICY ISSUES RELATED TO VARIOUS COUNTRIES AND REGIONS, MOST NOTABLY THE MIDDLE EAST, ASIA AND EASTERN EUROPE. IN 2019, THE PROGRAM ALSO HELD PUBLIC AND PRIVATE ROUND-TABLE DISCUSSIONS, PANELS, PRESENTATIONS AND BOOK TALKS WITH KEY US AND INTERNATIONAL POLICY MAKERS, EXPERTS AND AUTHORS.
PUBLICATIONS AND MARKETING - IIIT FUNDED THE PUBLICATION AND DISTRIBUTION OF SCHOLARLY BOOKS AND JOURNALS AND FILMS.IIIT FUNDED CLASSROOM INSTRUCTION ON TOPICS OF INTEREST FROM THE ISLAMIC PERSPECTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Obay Altalib Program Director | 40 | $130,000 | |
Dr Ilham Nasser Director, Mapping The Terr | 40 | $125,000 | |
Mariam Khaziuri Chief Financial Officer | Officer | 15 | $31,952 |
Dr Hisham Altalib President/director | OfficerTrustee | 1 | $0 |
Dr Ahmed Alwani Vice President/director | OfficerTrustee | 20 | $0 |
Dr Ahmet Alibasic Secretary/director - Py | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miller Musmar Cpas Accounting And Consulting | 12/30/19 | $123,813 |
Crowell & Moring Llp Legal Consultancy | 12/30/19 | $127,130 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,064,745 |
| Noncash contributions included in lines 1a–1f | $569,745 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,064,745 |
| Total Program Service Revenue | $28,673 |
| Investment income | $182 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,133 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,094,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,625,620 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,972,084 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,250,709 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $32,728 |
| Other employee benefits | $78,406 |
| Payroll taxes | $99,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,326 |
| Fees for services: Accounting | $81,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,314,691 |
| Advertising and promotion | $24,471 |
| Office expenses | $218,228 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $597,029 |
| Travel | $41,987 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $914 |
| Interest | $22,469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,434 |
| Insurance | $13,435 |
| All other expenses | $1,977 |
| Total functional expenses | $15,016,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $683,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,073 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,952 |
| Prepaid expenses and deferred charges | $35,068 |
| Net Land, buildings, and equipment | $34,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $128,087 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $897,003 |
| Accounts payable and accrued expenses | $458,212 |
| Grants payable | $0 |
| Deferred revenue | $8,100 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $488,752 |
| Total liabilities | $955,064 |
| Net assets without donor restrictions | -$58,061 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $897,003 |
Grants Awarded
Over the last fiscal year, International Institute Of Islamic Thought has awarded $3,611,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Herndon, VA PURPOSE: HIGHER EDUCATION SUPPORT | $3,500,000 |
Plainfield, IN PURPOSE: PROGRAM ASSISTANCE - EDUCATIONAL/SOCIAL SERVICES | $25,000 |
Silver Spring, MD PURPOSE: PROGRAM ASSISTANCE - EDUCATIONAL/SOCIAL SERVICES | $25,000 |
Hartford, CT PURPOSE: PROGRAM ASSISTANCE - EDUCATIONAL/SOCIAL SERVICES | $24,000 |
Reston, VA PURPOSE: PROGRAM ASSISTANCE - EDUCATIONAL/SOCIAL SERVICES | $20,000 |
Herndon, VA PURPOSE: PROGRAM ASSISTANCE - EDUCATIONAL/SOCIAL SERVICES | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Institute Of Islamic Thought has recieved totaling $3,500,000.
| Awarding Organization | Amount |
|---|---|
York Foundation Herndon, VA PURPOSE: PROGRAM ASSIATANCE - COMMUNITY/EDUCATION/SOC SERVICES | $3,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Charlotte Latin Schools Inc Charlotte, NC | $136,686,590 | $47,461,290 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |
Charles E Smith Jewish Day School Of Greater Washington Inc Rockville, MD | $72,940,113 | $37,835,110 |
Landon School Corporation Bethesda, MD | $80,382,622 | $54,334,304 |
Ravenscroft School Inc Raleigh, NC | $81,090,288 | $36,426,897 |
Durham Academy Inc Durham, NC | $115,235,784 | $38,768,231 |
Friends School Of Baltimore Inc Baltimore, MD | $92,747,497 | $38,147,236 |
Maret School Inc Washington, DC | $97,996,233 | $40,685,591 |
Bryn Mawr School For Girls Of Baltimore City Baltimore, MD | $100,381,068 | $39,864,147 |