Iqra Fund
Nonprofit profile at a glance
- EIN
- 452751655
- IRS 990 coverage
- 2013–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- Bozeman, MT, USA
- Phone
- 406-581-7017
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $1,029,954
- Expenses
- $794,051
- Assets
- $725,899
- Liabilities
- $4,028
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Genevieve Walsh (President & CEO)
Highest reported compensation
- Genevieve Walsh (President & CEO): $100,312 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To establish high quality self-sustaining school systems in the remote, mountainous regions of northern Pakistan, dedicated to empowering all students, especially girls.
What it reported doing in 2024
Iqra fund establishes high quality self-sustaining school systems in the remote, mountainous regions of northern pakistan. We are dedicated to empowering all students, especially girls. Partnering with communities that request our support, we provide access to education for both girls and boys, with a primary goal of ensuring 100% of the girls in our partner villages attend school. We work with local governments, community leaders, parents, and teachers to invest in long-term student success, improving generational prosperity. This support is achieved through tuition assistance, books, materials, uniforms, and fees, providing a girl-friendly school environment (including classroom and washroom construction), and supporting teachers' salaries.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 80
- Accountability: 94
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 87%; rating input score 87
- Fundraising efficiency: $15.67 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 16.1% per year; rating input score 100; 75th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 67.4% of revenue deployed · 87% of spending went to programs
- Governance: 8 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $690K in reported program spending
- Leadership: top reported pay $100K · 9 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 29/100.