Marvelous Quran is located in Porter Ranch, CA. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marvelous Quran 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, Marvelous Quran generated $189.7k in total revenue. All expenses for the organization totaled $119.4k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACCOMPLISHMENTS - A. ASSEMBLED, CURATED, TRANSLATED, PROMOTED, AND DISTRIBUTED EDUCATIONAL MATERIALS IN THE FORM OF BOOKS, RESEARCH REPORTS, AUDIO-VISUALS, INTERACTIVE MEDIA, SOFTWARE, PROMOTIONAL PRODUCTS, ETC. THESE ACTIVITIES ALLOW THE ORGANIZATION TO ACHIEVE ITS PRIMARY MISSION DESCRIBED ABOVE. B. BY PROVIDING TRAINING TO QUALIFIED ASSOCIATES AND SPEAKERS ON ISSUES THAT RELATE TO ISLAM AND THE QURAN. C. ARRANGE SPEAKING ENGAGEMENTS THAT ARE IN LINE WITH THE ORGANIZATIONAL ACTIVITIES. D. COLLABORATED WITH OTHER ORGANIZATIONS THAT PROVIDED RESOURCES AND ASSISTANCE IN ANY WAY THAT HELPS THE ORGANIZATION ACHIEVE ITS GOALS AND MISSION. E. PROVIDED A PLATFORM FOR RESEARCH AND DEVELOPMENT AND IN THIS REGARD MADE AVAILABLE KEY KNOWLEDGE TOOLS SUCH AS: - 1. A WELL-EQUIPPED LIBRARY, 2. DATABASE AND ELECTRONIC CONNECTIVITY AND 3. WEBSITE FOR RESEARCH PUBLICATIONS AND INTERACTION. F. UNDERTOOK STEPS FOR PROMOTION OF RESEARCH SUCH AS: 1. DEFINE AND SUPPORT RESEARCH, 2. TO ENCOURAGE MEMBERS TO CONDUCT RESEARCH AND 3. TO PARTICIPATE IN REGIONAL AND INTERNATIONAL RESEARCH INITIATIVES. G. UNDERTOOK ACTIVITIES FOR DEVELOPMENT SUCH AS, 1. ARRANGED FUNDING FOR SUPPORTING RESEARCH AND 2. ORGANIZED AND SET UP A THINK TANK RELATED TO THE OBJECTS OF THE ORGANIZATION AND H. PROVIDED A FORUM FOR PARTICIPATION OF ALL CONCERNED AND SOLICITED/PROVIDED VIEWS IN REGARDS TO THE OBJECTS OF THE ORGANIZATION AND ENABLED DISCUSSION/DIALOGUE FOR PROMOTING QUALITY RESEARCH. I. IN ORDER TO ACHIEVE ITS OBJECT, THE ORGANIZATION SHALL EXERCISED THE FOLLOWING POWERS: 1. APPEAL, SOLICIT OR ACCEPT CONTRIBUTIONS, DONATIONS FROM LAWFUL SOURCES AND TO APPLY THE SAME OR INCOME THEREOF FOR THE GOALS OF THE ORGANIZATION, 2. OPENED AND OPERATED BANK ACCOUNTS IN THE NAME OF THE ORGANIZATION TO DRAW, MAKE, ACCEPT, ENDORSE, EXECUTE AND ISSUE PROMISSORY NOTES, BILLS, CHECKS AND OTHER INSTRUMENTS; 3. NOMINATED DELEGATES AND ADVISORS TO REPRESENT THE ORGANIZATION AT CONFERENCES AND OTHER GATHERINGS, 4. ESTABLISHED AND FURNISHED AN OFFICE IN LEBANON, PAID PERSONEL, UTILITIES AND ALL EQUIPMENT NECESSARY FOR AN EFFECTIVE FUNCTION OF THE MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hany Atchen CFO | 40 | $48,000 | |
Farooq Ahmad Executive Dir. | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $189,734 |
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 | $189,734 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $48,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $71,361 |
Total expenses | $119,361 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $111,068 |
Other assets | $0 |
Total assets | $111,068 |
Total liabilities | $0 |
Net assets or fund balances | $111,068 |