Darul Qasim is located in Glendale Heights, IL. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Darul Qasim employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darul Qasim 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, Darul Qasim generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 12.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE THE LEARNING AND IMPARTING OF KNOKLEDGE DERIVED FROM PROPHETHOOD OF MUHAMMAD , ARABIC LANGUAGE AND RELIGIOUS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARABIC, GRAMMAR AND RELIGIOUS EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohammed A Kholwadia President | Officer | 40 | $157,802 |
Naheed Hashmi Director | Trustee | 3 | $1,420 |
Zamir Syed Coordinator | Trustee | 5 | $0 |
Saif Ghouse Director | Trustee | 5 | $0 |
Javeed Chida Director | Trustee | 5 | $0 |
Faisal Habib Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,730,840 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,730,840 |
Total Program Service Revenue | $427,022 |
Investment income | $1,670 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $2,159,532 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $852,595 |
Compensation of current officers, directors, key employees. | $141,863 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $62,141 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,090 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $90,598 |
Advertising and promotion | $0 |
Office expenses | $5,472 |
Information technology | $8,149 |
Royalties | $0 |
Occupancy | $50,734 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,345 |
Interest | $27,523 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $120,828 |
Insurance | $10,047 |
All other expenses | $70,789 |
Total functional expenses | $1,422,808 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,080,127 |
Savings and temporary cash investments | $232,866 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $108,413 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,555,418 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,976,824 |
Accounts payable and accrued expenses | $5,390 |
Grants payable | $0 |
Deferred revenue | $3,855 |
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 | $1,008,883 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,018,128 |
Net assets without donor restrictions | $4,130,382 |
Net assets with donor restrictions | $828,314 |
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 | $5,976,824 |
Over the last fiscal year, we have identified 16 grants that Darul Qasim has recieved totaling $59,924.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,500 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $18,141 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,623 |
Islamic Food And Nutriton Council Of America Des Plaines, IL PURPOSE: Religious | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $680 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $655 |
Organization Name | Assets | Revenue |
---|---|---|
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |