Aamaal
- Assets
- $119.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-4800480
Organization Overview
Aamaal is located in Plano, TX. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Aamaal 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, Aamaal generated $153.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $115.4k during the year ending 12/2023. While expenses have increased by 23.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Talat Khesgi President | 4 | $0 | |
Saamia Quraishi Vice President | 2 | $0 | |
Maria Ahmed Treasurer | 4 | $0 | |
Fozia Fazal Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,602 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,602 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $412 |
| Other expenses | $7,458 |
| Total expenses | $115,426 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,023 |
| Other assets | $0 |
| Total assets | $119,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,023 |