The Mainstay Foundation

Nonprofit profile at a glance

EIN
464286586
IRS 990 coverage
2018–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-N 2013
Location
Dearborn, MI, United States
Phone
1.313.264.4655
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.
Affiliation
Islam

Official website

Reported finances

Revenue
$1,046,787
Expenses
$855,423
Assets
$623,885
Liabilities
$39,046

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • HAJ MOHAMED ALI BANOON (SECRETARY)
  • HAJ KHODR HAMKA (CHAIRMAN)
  • HAJ JALAL MOUGHANIA (DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance the Muslim community in the United States—Mainstay coordinates human and financial resources and executes strategic initiatives in focus areas to develop and strengthen individuals, organizations, and the wider community. We pride ourselves in serving others with a strategic vision. Thanks to the continuous support of kind people like you and our network of over 200 persistent volunteers, our work on the ground has witnessed constant growth. With a local focus, national reach, and global mindset approach, each service provided by The Mainstay Foundation has helped transform thousands of lives both nationally and globally. As we look back to see the impact of your generosity, we hope that you join us in looking forward so that we can succeed together in investing more in the next generation supporting more communities worldwide.

What it reported doing in 2025

The focus of the human development initiative was threefold: providing educational content to our community through classes and religious programming, capacity building through workshops and retreats, and publications. With classes and religious programming presenters from the foundation's speaker's bureau delivered educational content through programs conducted in partnership with other religious organizations and centers. In terms of capacity building, the foundation's focus was on the religious, personal, and professional development of its served community, with a special focus on university students. The foundation also published translated and original works for a wide audience.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.

The verdict

SUPPORTED - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.5%; rating input score 60
  • Program expense ratio: 74%; rating input score 74
  • Fundraising efficiency: $66.23 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 27th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 71.9%; rating input score 72; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 18.3%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 17.4% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 18.8% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 19.5% per year; rating input score 100; 78th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 60.5% of revenue deployed · 74% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 7 filing controls reported · 0 of 6 affiliation controls reported
  • Programs: 3 filed program accomplishments · $633K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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: 8 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.