Zakat Foundation of India Inc

Nonprofit profile at a glance

EIN
873115466
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Roslyn Heights, NY, USA
Phone
4402414365
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Islam

Reported finances

Revenue
$51,697
Expenses
$17,610
Assets
$47,548

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

Leadership & pay

5 people listed

People named in this filing

  • DR SYED ZAFAR MAHMOOD (DIRECTOR)
  • IRFAN BAIG (DIRECTOR)
  • REV FATHER PACKIAM T SAMUEL (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assist underprivileged persons in India to improve their quality of life through better education or employment by among other things, awarding scholarships, granting allowances, and/or other types of grants to cover educational, vocational, and/or occupational, training, tuition and expenses; ; (b) relieving financial hardship of Muslims in India, either Individually or generally, by making grants or paying for goods, services, or facilities for those In need; (c) assisting Muslims In India in developing certain skills intended to allow them to better meet their individual needs and to participate more fully in society;

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 65.9%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 2.7; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 23.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 18.9% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.