Is Al Furqaan Foundation Legit?

Quick charity verification for Al Furqaan Foundation (EIN: 200310701)

Verdict: Al Furqaan Foundation appears trustworthy

95/100Mission Score
$3.6MRevenue
$9.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Al Furqaan Foundation demonstrates consistent financial growth, with assets increasing from $2,410,269 in 2011 to $9,389,287 in 2020. Revenue has fluctuated but generally remained strong, with the latest reported revenue at $3,249,437 in 2020. The organization consistently reports 0% officer compensation across all available filings, which is a significant indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of executive compensation suggests a lean operational structure. The organization's liabilities have also grown alongside assets, reaching $4,056,563 in 2020, which warrants a closer look at the nature of these liabilities to ensure long-term financial stability. Overall, the foundation appears to be financially healthy and efficient in its use of funds, particularly given its zero executive compensation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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