Imamia Muslim Foundation Inc

Nonprofit profile at a glance

EIN
270302941
IRS 990-EZ coverage
2018–2022
Forms available
Form 990-EZ 2022
Location
Hopkinton, MA, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Islam
Affiliation
Islam

Reported finances

Revenue
$164,148
Expenses
$172,099
Assets
$29,940

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • YASIR HUSAIN (PRESIDENT)

People named in this filing

  • YASIR HUSAIN (PRESIDENT)
  • SYED ADEEL NAQVI (TREASURER)
  • NADE ALI SHAMSI (VICE PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish and maintain one or more religious institutions in the community in order to practice, preach and propagate the religion of islam in accordance with the teachings of the glorious quran and noble sunnah of the prophet muhammad (sawas) and his ahl al-bayt (as), as defined by recognized maraji al-taqleed from the shi`a ithna ashari muslim school of islam, and thereby to establish an institution that fulfills our vision and strengthens the community around it.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 77.4%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4.8%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 19.9% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -3.4% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 77.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $133K in reported program spending
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 24/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Growth: Asset growth scored 0/100.