Islamic Foundation North Endowment Fund

Organization Overview

Islamic Foundation North Endowment Fund is located in Libertyville, IL. The organization was established in 2016. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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 Foundation North Endowment Fund 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 Foundation North Endowment Fund generated $67.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.4k during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SERVING AS AN ENDOWMENT FUND FOR THE BENEFIT OF ISLAMIC FOUNDATION NORTH

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZED FOR THE PURPOSE OF SERVING AS AN ENDOWMENT FUND FOR THE BENEFIT OF ISLAMIC FOUNDATION NORTH


ORGANIZED FOR THE PURPOSE OF SERVING AS AN ENDOWMENT FUND FOR THE BENEFIT OF ISLAMIC FOUNDATION NORTH


SERVING AS AN ENDOWMENT FUND FOR THE BENEFIT OF ISLAMIC FOUNDATION NORTH


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Board, Officers & Key Employees

Name (title)Compensation
Taha Suglatwala
President
$0
Masood Ahmed
Secretary
$0
Abdulhai Khaleel
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$62,672
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$62,687
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,859
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 $67,546

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