Is North American Foundation Of Islamic Services Legit?

The North American Foundation Of Islamic Services demonstrates consistent financial activity, with revenues fluctuating between approximately $500,000 and $1.6 million over the past decade. In the latest filing period (2022), the organization reported revenues of $1,442,707 against expenses of $1,172,182, indicating a healthy surplus. The organization's assets have shown steady growth, reaching $3,666,459 in 2022, while liabilities have generally decreased from a high of $2,096,480 in 2012 to $1,051,320 in 2022, suggesting improved financial stability. However, a key area for further transparency is the lack of reported officer compensation across all available filings. While this could indicate a volunteer-led executive team, without detailed functional expense breakdowns (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The NTEE code X40 (Religious Organizations) often has different reporting requirements, but a more detailed breakdown would enhance public trust and understanding of how funds are allocated. The consistent growth in assets and reduction in liabilities are positive indicators of financial management.