Khifaya Foundation Inc
- Assets
- $20.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alameda, CA
- Founding
- 07/1999
- Data as of
- 12/2022
- EIN
- 94-3316391
Organization Overview
Khifaya Foundation Inc is located in Alameda, CA. The organization was established in 1999. 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. Khifaya 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, Khifaya Foundation Inc generated $156.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $151.4k during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RELIGIOUS PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Musa Balde CEO | 15 | $0 | |
Aiesha Balde Treasurer | 5 | $0 | |
Azimullah Asalah Secretary | 5 | $0 | |
Karim Sojaee Trustee | 5 | $0 | |
Moussa Camara Trustee | 5 | $0 | |
An-Nisaa Hamza Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,436 |
| 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 | $156,436 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $127,540 |
| Printing, publications, postage, and shipping | $870 |
| Other expenses | $21,690 |
| Total expenses | $151,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,843 |
| Other assets | $0 |
| Total assets | $20,843 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,843 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Khifaya Foundation Inc has recieved totaling $9,267.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,267 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zaytuna College Berkeley, CA | $36,516,784 | $12,806,217 |
Islamic Center Of Irvine Inc Irvine, CA | $4,547,773 | $1,805,199 |
World Affairs Council Of Northern California San Francisco, CA | $9,139,915 | $2,467,087 |
Al-Misbaah Sacramento, CA | $251,591 | $1,440,118 |
Islamic Center Of Southern California Los Angeles, CA | $3,976,677 | $2,583,642 |
Islamic Association Of Immigrants Hayward, CA | $2,388,327 | $1,182,546 |
Orange County Islamic Foundation Mission Viejo, CA | $4,528,712 | $1,876,411 |
San Ramon Valley Islamic Center San Ramon, CA | $3,997,830 | $1,196,107 |
West Coast Islamic Society Anaheim, CA | $1,505,036 | $798,997 |
Sahaba Initiative Inc San Bernardino, CA | $372,064 | $676,653 |
Dawat-E-Islami Inc Sacramento, CA | $6,984,600 | $1,553,734 |
Tolerance Foundation Huntington Beach, CA | $2,167,805 | $674,024 |