Islamic School Of Miami Inc
- Assets
- $4.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/1995
- Data as of
- 12/2021
- EIN
- 65-0565951
Organization Overview
Islamic School Of Miami Inc is located in Miami, FL. The organization was established in 1995. 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 School Of Miami 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 School Of Miami Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 6.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUNDAY SCHOOL FOR RELIGIOUS EDUCATION TO 150 CHILDREN
CHURCH PRAYER AND WORSHIP SERVICES TO OVER 250 PEOPLE
COMMUNITY SERVICES, RELIEF AND WELFARE SUPPORT TO OVER 1200 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naveed Anjum Vice President | OfficerTrustee | 1 | $0 |
Aous Uweyda Treasurer | OfficerTrustee | 1 | $0 |
Bilal Karakira President | OfficerTrustee | 1 | $0 |
Dr Mohammed K Farouk Secretary | OfficerTrustee | 1 | $0 |
Rasikh Abubakar Director | Trustee | 1 | $0 |
Rehana Khan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,385,775 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,386,075 |
| Total Program Service Revenue | $0 |
| 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 | $1,451,222 |
| 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 | $626,910 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,829 |
| Payroll taxes | $47,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,184 |
| Advertising and promotion | $11,200 |
| Office expenses | $161,446 |
| Information technology | $15,890 |
| Royalties | $0 |
| Occupancy | $108,626 |
| Travel | $3,800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,929 |
| Insurance | $8,649 |
| All other expenses | $0 |
| Total functional expenses | $1,002,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,185,650 |
| 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 | $1,050 |
| Net Land, buildings, and equipment | $3,311,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,000 |
| Total assets | $4,525,096 |
| Accounts payable and accrued expenses | $36,716 |
| 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 | $0 |
| Total liabilities | $36,716 |
| 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 | $4,488,380 |
| Total liabilities and net assets/fund balances | $4,525,096 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Islamic School Of Miami Inc has recieved totaling $38,276.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $21,270 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $15,883 |
M S Khan Family Foundation Inc Miami, FL PURPOSE: FURTHER CHARITABLE GOAL OF ORGANIZAT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
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 |