The Islamic Society Of West Valley
- Assets
- $1.1m
- Revenue
- $346.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Canoga Park, CA
- Founding
- 01/2016
- Data as of
- 12/2022
- EIN
- 46-2961609
Organization Overview
The Islamic Society Of West Valley, operating under the name Iswv, is located in Canoga Park, CA. The organization was established in 2016. 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, Iswv employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iswv 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, Iswv generated $346.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $373.1k during the year ending 12/2022. While expenses have increased by 8.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ISWV'S OBJECTIVE IS TO INSTILL CLOSENESS TO GOD IN OUR COMMUNITY THROUGH PROVIDING AN OPEN AND WELCOMING MASJID THAT FOSTERS SPIRITUAL DEVELOPMENT, PROMOTES A COMPREHENSIVE ISLAMIC IDENTITY, STRENGTHENS COMMUNAL BONDS,
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR RAMADAN PROGRAM PROVIDES A SAFE AND PEACEFUL PLACE OF WORSHIP DURING THE HOLY MONTH OF RAMADAN FOR MEMBERS OF OUR COMMUNITY. THIS INCLUDES HOSTING DAILY PRAYERS, LATE NIGHT PRAYERS, COMMUNITY DINNERS, SPIRITUAL LECTURES AND EVENTS THROUGHOUT THE MONTH AS WELL AS PROVIDING 2-3 MEALS A WEEK FOR FAMILIES THAT ATTEND. APPROXIMATELY 150 FAMILIES ATTEND OUR FACILITY DURING THIS MONTH.
OUR JUMUAH AND SOCIAL PROGRAMS PROVIDE A SPACE FOR WEEKLY COMMUNITY PRAYERS, SOCIAL GATHERINGS, YOUTH AND FAMILY EVENTS, SPIRITUAL LECTURES, HOLIDAY CELEBRATIONS AND COMMUNITY SERVICE OPPORTUNITIES THROUGHOUT THE YEAR. THIS INCLUDES CONDUCTING THE WEEKLY FRIDAY SERMON AND PRAYER AT A RENTAL FACILITY NEARBY. DUE TO THE COVID PANDEMIC, IN-PERSON GATHERINGS WERE LIMITED.
OUR ZAKAT PROGRAM AIMS TO PROVIDE SUPPORT TO VARIOUS INDIVIDUALS AND FAMILIES IN NEED EITHER DIRECTLY, OR THROUGH CHARITABLE DISTRIBUTIONS TO OTHER VARIOUS, QUALIFIED ORGANIZATIONS. FINANCIAL ASSISTANCE MAY GO TOWARDS COSTS FOR HOUSING, FOOD, EDUCATION OR MEDICAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nauman Khan Board Member And Treasurer | OfficerTrustee | 15 | $0 |
Wakas Salim Board Member And Secretary | OfficerTrustee | 15 | $0 |
Fiaz Syed Board Member And Executive Director | OfficerTrustee | 20 | $0 |
Yusuf Khan Board Member And Chairman | OfficerTrustee | 15 | $0 |
Jauwaad Musba Board Member | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,165 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $308,347 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,512 |
| Total Program Service Revenue | $17,581 |
| Investment income | $0 |
| 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 | $346,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,914 |
| 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 | $78,600 |
| 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 | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,429 |
| Office expenses | $5,871 |
| Information technology | $905 |
| Royalties | $0 |
| Occupancy | $75,842 |
| Travel | $9,420 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,928 |
| Interest | $35,889 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,126 |
| Insurance | $8,050 |
| All other expenses | $4,151 |
| Total functional expenses | $373,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,440 |
| 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 | $1,028,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,064,726 |
| 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 | $601,915 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $626,915 |
| Net assets without donor restrictions | $427,811 |
| Net assets with donor restrictions | $10,000 |
| 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 | $1,064,726 |