Al-Nour Foundation Inc
- Assets
- $177.0k
- Revenue
- $71.4k
- Investments
- $166.1k
- Employees
- 0
- Location
- Ridgefield, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 86-1277895
Organization Overview
Al-Nour Foundation Inc is located in Ridgefield, NJ. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Al-Nour 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 12/2023, Al-Nour Foundation Inc generated $71.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $148.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Al-Nour Foundation Inc has awarded 25 individual grants totaling $201,033. 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 |
|---|---|---|---|
Mourad Elayan President | 1 | $0 | |
Karima Elayan Treasurer | 1 | $0 | |
Yasmin Elayan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,805 |
| Interest on Savings | $3 |
| Dividends & Interest | $1,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$61,386 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42 |
| Total Revenue | $71,360 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17,393 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,258 |
| Printing and publications | $0 |
| Other expenses | $1,625 |
| Total operating and administrative expenses | $32,276 |
| Contributions, gifts, grants paid | $116,033 |
| Total expenses and disbursements | $148,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,941 |
| 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 | $166,067 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $177,008 |
| 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 | $9,489 |
| Total liabilities | $9,489 |
Grants Awarded
Over the last fiscal year, Al-Nour Foundation Inc has awarded $116,033 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ANERA PURPOSE: CHARITABLE DONATION | $12,500 |
ICPC PURPOSE: CHARITABLE DONATION | $2,000 |
BAYAN PURPOSE: CHARITABLE DONATION | $5,000 |
ICPC PURPOSE: CHARITABLE DONATION | $2,000 |
HAYDAR SANGCAR PURPOSE: CHARITABLE DONATION | $1,500 |
ANERA PURPOSE: CHARITABLE DONATION | $12,500 |