Qadeer Foundation Inc
- Assets
- $122.0k
- Revenue
- $103.0k
- Investments
- $91.6k
- Employees
- 0
- Location
- Dix Hills, NY
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-4639366
Organization Overview
Qadeer Foundation Inc is located in Dix Hills, NY. The organization was established in 2019. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qadeer Foundation 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 12/2022, Qadeer Foundation Inc generated $103.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $37.8k during the year ending 12/2022. While expenses have increased by 20.2% per year over the past 4 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.
Since 2019, Qadeer Foundation Inc has awarded 32 individual grants totaling $134,046. 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 |
|---|---|---|---|
Masoom Qadeer President | 0 | $0 | |
Jahan Qadeer Treasurer | 0 | $0 | |
Rubayat Qadeer Director | 0 | $0 | |
Asem Qadeer Director | 0 | $0 | |
Nasheeta Qadeer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102,081 |
| Interest on Savings | $0 |
| Dividends & Interest | $870 |
| 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 | $102,951 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,850 |
| Total operating and administrative expenses | $1,925 |
| Contributions, gifts, grants paid | $35,839 |
| Total expenses and disbursements | $37,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,441 |
| 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 | $122,015 |
| 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, Qadeer Foundation Inc has awarded $35,839 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ISLAMIC CENTER OF DEER PARK PURPOSE: CHARITABLE | $1,500 |
ISLAMIC CENTER OF MELVILLE PURPOSE: CHARITABLE | $1,500 |
ISLAMIC CENTER OF SHELTER ROCK PURPOSE: CHARITABLE | $5,000 |
JAMAICA MUSLIM CENTER PURPOSE: CHARITABLE | $1,500 |
LONG ISLAND MUSLIM SOCIETY PURPOSE: CHARITABLE | $2,500 |
PLACID EXPRESS PURPOSE: CHARITABLE | $23,339 |