Bangladesh American Society Of Muslim Aid For Humanity Inc
- Assets
- $303.6k
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-1670588
Organization Overview
Bangladesh American Society Of Muslim Aid For Humanity Inc is located in Boca Raton, FL. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bangladesh American Society Of Muslim Aid For Humanity 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 12/2023, Bangladesh American Society Of Muslim Aid For Humanity Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.9% each year . All expenses for the organization totaled $4.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bangladesh American Society Of Muslim Aid For Humanity Inc has awarded 33 individual grants totaling $5,303,684. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meer S Hossain Director President | 0 | $0 | |
Hafiz Ibrahim Director Vice President | 0 | $0 | |
Meer Hossain Director Treasurer | 0 | $0 | |
Abdullah Muqim Director | 0 | $0 | |
Dr Shafi Ullah Director | 0 | $0 | |
Khan Mohd Abu Taher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,195,860 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,195,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $82,251 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $19,080 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $110,508 |
| Other expenses | $0 |
| Total operating and administrative expenses | $266,115 |
| Contributions, gifts, grants paid | $4,275,305 |
| Total expenses and disbursements | $4,541,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,644 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $303,644 |
| 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, Bangladesh American Society Of Muslim Aid For Humanity Inc has awarded $2,875,305 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BASMAH PROGRAM PURPOSE: BASMAH PROGRAM | $1,275,000 |
BASMAH PROGRAM PURPOSE: BASMAH PROGRAM | $1,600,305 |