Imami Fam Foundation Inc Dtd 060297
- Assets
- $1.2m
- Revenue
- $33.2k
- Investments
- $750.1k
- Employees
- 0
- Location
- Melbourne, FL
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 65-6249234
Organization Overview
Imami Fam Foundation Inc Dtd 060297 is located in Melbourne, FL. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imami Fam Foundation Inc Dtd 060297 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 12/2023, Imami Fam Foundation Inc Dtd 060297 generated $33.2k 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 (21.3%) each year. All expenses for the organization totaled $103.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Imami Fam Foundation Inc Dtd 060297 has awarded 150 individual grants totaling $328,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Riazul H Imami Director | 1 | $0 | |
Azra R Imami Director | 1 | $0 | |
Irfan R Imami Director | 1 | $0 | |
Ahmed Imami Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,070 |
| Interest on Savings | $242 |
| Dividends & Interest | $25,403 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,530 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $440 |
| Total operating and administrative expenses | $4,415 |
| Contributions, gifts, grants paid | $99,070 |
| Total expenses and disbursements | $103,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,814 |
| Savings and temporary cash investments | $262,969 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $859 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,207,752 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Imami Fam Foundation Inc Dtd 060297 has awarded $99,070 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ISLAMIC RELIEF USA PURPOSE: ORPHAN SPONSORSHIP | $5,676 |
HABITAT FOR HUMANITY PURPOSE: AFFORDABLE HOUSING | $1,000 |
MOSQUE FOUNDATION PURPOSE: COMMUNITY SERVICE | $1,500 |
UNITY PRODUCTION FOUNDATION PURPOSE: EDUCATIONAL FILMS | $2,000 |
DARUL-ULOOM AL-MADANIA PURPOSE: ASSISTANCE TO INDIGENT | $4,000 |
MACULAR DEGENERATION RESEARCH PURPOSE: MACULAR DEGENERATION RESEARCH | $250 |