Ihya Foundation

Nonprofit profile at a glance

EIN
881624257
IRS 990 coverage
2023–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-EZ 2022
Location
North Richland Hills, TX, USA
Phone
(317) 457-9530
Rating
32
Verdict
REVIEW
Rating confidence
Moderate
Sector
Islam
Affiliation
Islam

Official website

Reported finances

Revenue
$445,533
Expenses
$470,403
Assets
$63,811
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Highest reported compensation

  • YASAR KHAN (Director): $43,000 total reported compensation
  • Muhammad I Raqeeb (Director): $41,000 total reported compensation
  • Baqir Shah (Director): $22,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ihya Foundation is dedicated to Islamic education, aiming to empower learners with the timeless teachings of Islam and cultivate enlightened Muslims with intellectual rigor, moral integrity, and spiritual depth. The name "Ihya Foundation" was chosen for its profound significance and symbolic representation of the organization's mission and values. "Ihya" is an Arabic term that means "revival" or "rejuvenation." By selecting this name, the founders of Ihya Foundation aim to convey their commitment to revitalizing and revitalizing Islamic education, reviving the spirit of learning, and rejuvenating the hearts and minds of students. Our Noble MIssion At Ihya Foundation, we embark on a noble mission to empower discerning individuals with the profound wisdom and timeless teachings of Islam. Rooted in tradition yet forward-thinking in approach, our mission is to cultivate a generation of...

What it reported doing in 2024

Islamic Studies and other religious activities including Hifz and Alim Course

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 0
  • Sustainability: 27
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 9 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Limited
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.6%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 22.6%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 56.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 30.1% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site
  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 3 board members independent · 0 of 9 filing controls reported · 0 of 6 affiliation controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $43K · 3 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.