Iqra Foundation Inc

Nonprofit profile at a glance

EIN
205148072
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2021, Form 990-EZ 2024, Form 990-N 2014
Location
Santa Clara, CA, USA
Phone
4087275001
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$172,168
Expenses
$104,125
Assets
$117,389

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MOHAMMED BHUIYAN (President)

People named in this filing

  • MOHAMMED BHUIYAN (President)
  • ABDUL MOMIN BHUIYAN (Secretary)
  • MOHAMMED MOHASHIN BHUIYAN (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Iqra foundation mission is to help poor and needy worldwide.

What it reported doing in 2024

On our self employment program, we provided a cow per family. We provided 55 cows for 55 families in 2024.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.4%; rating input score 60
  • Program expense ratio: 99.9%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 39.5%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 16.6% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 18.9% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 27.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 60.4% of revenue deployed · 99.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $104K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2013 to 2024
  • 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.