Islamic Resource Group
- Assets
- $290.7k
- Revenue
- $105.8k
- Investments
- $146.3k
- Employees
- 3
- Location
- Saint Anthony, MN
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 41-2017184
Organization Overview
Islamic Resource Group is located in Saint Anthony, MN. The organization was established in 2002. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Islamic Resource Group employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Islamic Resource Group 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, Islamic Resource Group generated $105.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $109.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IRG BUILT BRIDGES OF UNDERSTANDING BETWEEN MUSLIMS AND THE LARGER COMMUNITY BY DELIVERING HUNDREDS OF PRESENTATIONS AND REACHING THOUSANDS OF PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020 THRU 2022, ISLAMIC RESOURCE GROUP (IRG) EXPANDED ITS VIRTUAL PROGRAMMING TO MEET THE CHALLENGES OF COVID RESTRICTIONS. IN LIEU OF IN- PERSON PRESENTATIONS, IRG CONDUCTED VIRTUAL PRESENTATIONS TO SCHOOLS ACROSS MINNESOTA AND THE UPPER MIDWEST. IRG UTILIZED THIS OPPORTUNITY TO EXPAND ITS REACH TO MORE SCHOOLS ACROSS A BROADER GEOGRAPHIC AREA COMPARED TO PREVIOUS YEARS.
IRG COLLABORATED WITH REPRESENTATIVES FROM OTHER FAITH COMMUNITIES IN MINNESOTA TO PROVIDE EXPANDED INTERFAITH EDUCATION OPPORTUNITIES. IRG CONDUCTED SERIAL EDUCATIONAL PRESENTATIONS WITH JEWISH, CHRISTIAN, BUDDHIST, AND HINDU SPEAKERS IN ADDITION TO MULTI-FAITH PANELS. EDUCATION IS A PROVEN METHOD TO REDUCE ISLAMAPHOBIA AND OTHER FORMS OF RELIGIOUS AND RACIAL BIAS. THROUGH COLLABORATIVE EDUCATIONAL EFFORTS WITH OTHER FAITH COMMUNITIES, IRG IS DEMONSTRATING AND MODELING THE VALUE OF INTERFAITH DIALOGUE AND COOPERATION.
IRG PROVIDED PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO EDUCATORS AND LAW ENFORCEMENT IN MINNESOTA THROUGH VIRTUAL MEANS DURING COVID RESTRICTIONS. IN A TIME OF INCREASING AWARENESS OF THE VALUE OF CULTURAL DIVERSITY AND RELIGIOUS DIVERSITY, IRG IS THE TRUSTED GO-TO RESOURCE FOR INFORMATION ABOUT ISLAM AND MUSLIM CULTURES. IN ADDITION, SUPPORTING CORRECTIONAL FACILITIES WAS A MAJOR FOCUS OF IRG EFFORTS DURING 2022. WITH INCREASED PRESSURE ON CORRECTIONAL STAFF UNDER COVID, IRG PROVIDED PROFESSIONAL DEVELOPMENT, DONATED MUSLIM RELIGIOUS ITEMS, AND CONSULATATION TO JAIL, PRISON AND OTHER LAW ENFORCEMENT STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rashed Ferdours Chairperson | OfficerTrustee | 4 | $0 |
Khalil Houri Treasurer | OfficerTrustee | 4 | $0 |
Zafar Siddiqui Board Member | OfficerTrustee | 4 | $0 |
Kemal Balioglu Board Member | OfficerTrustee | 4 | $0 |
Financial Statements
| 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 | $91,957 |
| Noncash contributions included in lines 1a–1f | $500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,957 |
| Total Program Service Revenue | $8,959 |
| Investment income | $4,868 |
| 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 | $105,784 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,657 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $6,120 |
| Royalties | $0 |
| Occupancy | $8,800 |
| Travel | $1,254 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,952 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,341 |
| All other expenses | $3,218 |
| Total functional expenses | $109,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,086 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $337 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $146,323 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $290,746 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $15 |
| Total liabilities | $15 |
| Net assets without donor restrictions | $0 |
| 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 | $290,731 |
| Total liabilities and net assets/fund balances | $290,746 |