Islamic Understanding Institute Inc
- Assets
- $19.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 37-1558924
Organization Overview
Islamic Understanding Institute Inc is located in Panama City, FL. 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 Understanding 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 12/2021, Islamic Understanding Institute Inc generated $18.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (49.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING ISLAMIC EDUCATION PROGRAMS FOR MUSLIMS AND NON-MUSLIMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Medhat Elmesky President | 10 | $0 | |
Ayman Aboulela Vice President | 10 | $0 | |
W Shata-Aboulela Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,928 |
| 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 | $18,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $709 |
| Total expenses | $1,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,533 |
| Other assets | $0 |
| Total assets | $19,533 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,533 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Islamic School Of Miami Inc Miami, FL | $4,525,096 | $1,451,222 |
Hamzah Islamic Center Inc Alpharetta, GA | $2,847,852 | $801,033 |
Gwinnett Islamic Circle Inc Suwanee, GA | $4,807,501 | $450,589 |
Cair-Nga Inc Atlanta, GA | $142,801 | $400,626 |
Ccic Marietta, GA | $3,159,550 | $848,462 |
American Muslim Community Centers Inc Longwood, FL | $3,106,547 | $699,129 |
Islamic Circle Of North America Ga Inc Cumming, GA | $162,942 | $496,561 |
Ahlulbait Foundation Inc Lilburn, GA | $651,819 | $397,328 |
Holy Tabernacle United Church Of God Inc Plantation, FL | $591,016 | $305,469 |
Al-Rahmah Islamic Center Inc Alpharetta, GA | $105,312 | $230,922 |
Islamic Institute Of Atlanta Inc Atlanta, GA | $50,861 | $208,591 |
Islamic Center Of Naples Inc Naples, FL | $1,183,033 | $288,770 |