Sacred Learning Nfp
- Assets
- $11.2m
- Revenue
- $937.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Lincolnwood, IL
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 43-2064738
Organization Overview
Sacred Learning Nfp is located in Lincolnwood, IL. The organization was established in 2007. 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. Sacred Learning Nfp 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, Sacred Learning Nfp generated $937.5k 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 (17.6%) each year. All expenses for the organization totaled $602.9k during the year ending 12/2021. 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 EDUCATE INDIVIDUALS ON ISLAMIC KNOWLEDGE AND ENHANCING SPIRITUAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE INDIVIDUALS ON ISLAMIC KNOWLEDGE AND ENHANCING SPIRITUAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohsin Ali Khan Director | OfficerTrustee | 1 | $0 |
Mohammad Omar Hussaini Director | OfficerTrustee | 2 | $0 |
Husain Sattar Director | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,909 |
| All other contributions, gifts, grants, and similar amounts not included above | $833,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $858,549 |
| Total Program Service Revenue | $78,909 |
| Investment income | $7 |
| 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 | $937,465 |
| 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 | $66,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | -$1,400 |
| Payroll taxes | $5,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $778 |
| Fees for services: Accounting | $15,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,607 |
| Advertising and promotion | $2,725 |
| Office expenses | $14,881 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,087 |
| Travel | $327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $225,886 |
| Insurance | $9,939 |
| All other expenses | $27,351 |
| Total functional expenses | $602,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,498,204 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,493,414 |
| Investments—publicly traded securities | $167,304 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,380 |
| Total assets | $11,221,302 |
| 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 | $176,426 |
| Total liabilities | $176,426 |
| Net assets without donor restrictions | $11,044,876 |
| 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 | $11,221,302 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sacred Learning Nfp has recieved totaling $1,293.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,293 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Muslim Community Center Incorporate Chicago, IL | $16,317,970 | $7,162,457 |
Al-Furqaan Foundation Lombard, IL | $9,389,287 | $3,249,437 |
Rahmat-E-Alam Foundation Chicago, IL | $3,691,412 | $1,733,178 |
Dawat-E-Islami Usa Inc Chicago, IL | $3,216,326 | $2,187,273 |
At-Takaful Islamic Society Chicago, IL | $3,443,643 | $849,911 |
Alhussnain Indianapolis, IN | $963,343 | $926,353 |
The Oasis Initiative Foundation Northbrook, IL | $705,926 | $811,524 |
House Of Wisdom Inc Greenfield, WI | $980,324 | $310,182 |
Sacred Learning Nfp Lincolnwood, IL | $11,221,302 | $937,465 |
Rahmah Foundation Inc Lake Villa, IL | $6,370,567 | $496,721 |
Islamic Society Of Northwest Suburbs Of Chicago Rolling Meadows, IL | $5,954,676 | $2,092,486 |
Sirat Chicago Chicago, IL | $543,094 | $942,884 |