Khair Inc

Nonprofit profile at a glance

EIN
470972586
IRS 990 coverage
2016–2017
Forms available
Form 990 2017
Location
Collegeville, PA, USA
Phone
4843699636
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Islam
Affiliation
Islam

Reported finances

Revenue
$809,716
Expenses
$172,973
Assets
$1,371,938
Liabilities
$470,000

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Bilal Baqai (President)

People named in this filing

  • Bilal Baqai (President)
  • Abdullah Bakran (Secretary)
  • Sami Haq (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. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through the masjid and collaboration we plan to offer a wide variety of programs and services for the community. With the understanding that our center will be available to all who come, to facilitate an open and inclusive environment to cater to their spiritual and communal needs.

What it reported doing in 2017

Through the masjid and collaboration we offer a wide variety of programs and services for the community. With the understanding that our center that is available to all whoever comes to the facility. also, to facilitate an open and inclusive environment to cater to their spiritual and communal needs.

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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 90
  • Accountability: 58
  • Sustainability: 86
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.4%; rating input score 21
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 78.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 7.93; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 162.3% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 102.4% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 135.2% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 21.4% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $173K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2016 to 2017
  • Contacts: How to reach this organization
  • Money network: 15 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 21/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.