Islamic Texts Institute Inc
- Assets
- $8.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 10/2008
- Data as of
- 12/2016
- EIN
- 26-1868748
Organization Overview
Islamic Texts Institute Inc is located in Austin, TX. The organization was established in 2008. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Islamic Texts Institute 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 12/2016, Islamic Texts Institute Inc generated $45.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $43.6k during the year ending 12/2016. While expenses have increased by 2.6% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
MAKE ISLAMIC PRIMARY SOURCES AVAILABLE TO MUSLIMS IN THE WEST BY PROVIDING ACCURATE SCHOLARLY TRANSLATIONS OF MAJOR SHIAH COLLECTIONS OF TRADITIONS ACCOMPAINNIED BY SUFFICIENT COMMENTARY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbas Bandali Director | 5 | $0 | |
Sulayman Hasan Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,470 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,959 |
| Professional fees and other payments to independent contractors | $995 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,629 |
| Other expenses | $27,997 |
| Total expenses | $43,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,421 |
| Other assets | $0 |
| Total assets | $8,200 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Almaghrib Institute Inc Houston, TX | $4,469,038 | $2,574,287 |
Islamic Association Of Arabi Garland, TX | $4,182,903 | $1,163,996 |
Islaminspanish Inc Houston, TX | $3,857,558 | $1,370,451 |
Mas Dallas Islamic Center Richardson, TX | $2,145,138 | $1,225,883 |
Dawat-E-Islami Inc Sugar Land, TX | $3,247,535 | $1,276,278 |
Al-Mawrid United States Inc Carrollton, TX | $730,536 | $817,101 |
Mahad Al-Zahra Aljamea-Tus-Saifiyah Houston, TX | $197,075 | $577,616 |
Islamic Propagation Foundation Houston, TX | $2,358,733 | $311,883 |
Minhaj-Ul-Quran Dallas Carrollton, TX | $0 | $290,767 |
City Of Knowledge Carrollton, TX | $45,308 | $283,013 |
El-Iman Houston, TX | $210,721 | $338,648 |
Saleema Foundation Mansfield, TX | $99,797 | $265,683 |