Al Quran Kareem Foundation Of Omaha Inc
EIN: 465715263 · Omaha, NE · NTEE: X40
| Metric | Value |
|---|---|
| Total Revenue | $687K |
| Total Expenses | $11K |
| Net Assets | $22K |
Is Al Quran Kareem Foundation Of Omaha Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Al Quran Kareem Foundation Of Omaha Inc
Al Quran Kareem Foundation Of Omaha Inc (EIN: 465715263) is a nonprofit organization based in Omaha, NE, classified under NTEE code X40. The organization reported total revenue of $687K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Al Quran Kareem Foundation Of Omaha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Al Quran Kareem Foundation Of Omaha Inc is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2015–2017). Revenue has grown at a compound annual rate of 2298.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $11K |
| Surplus / Deficit | +$22K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 66.4% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2017, Al Quran Kareem Foundation Of Omaha Inc reported a surplus of $22K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2015–2017), Al Quran Kareem Foundation Of Omaha Inc's revenue has grown at a compound annual growth rate (CAGR) of 2298.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +303090.9% | — | +32113.0% |
| 2016 | -81.0% | — | +19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Al Quran Kareem Foundation Of Omaha Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Al Quran Kareem Foundation Of Omaha Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Al Quran Kareem Foundation Of Omaha Inc
Is Al Quran Kareem Foundation Of Omaha Inc a legitimate charity?
Al Quran Kareem Foundation Of Omaha Inc (EIN: 465715263) is a registered tax-exempt nonprofit based in Nebraska. It has 3 years of IRS 990 filings on record. Total revenue: $687K. No red flags identified. Financial health grade: A.
How does Al Quran Kareem Foundation Of Omaha Inc spend its money?
Al Quran Kareem Foundation Of Omaha Inc reported $687K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Al Quran Kareem Foundation Of Omaha Inc tax-deductible?
Al Quran Kareem Foundation Of Omaha Inc is registered as a tax-exempt nonprofit (EIN: 465715263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Al Quran Kareem Foundation Of Omaha Inc located?
Al Quran Kareem Foundation Of Omaha Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 465715263. It is classified under NTEE code X40.
How many years of IRS 990 filings does Al Quran Kareem Foundation Of Omaha Inc have?
Al Quran Kareem Foundation Of Omaha Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $687K in total revenue.
Filing History
IRS 990 filing history for Al Quran Kareem Foundation Of Omaha Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2017), Al Quran Kareem Foundation Of Omaha Inc's revenue has grown by 57401.7%, moving from $58 to $33K. Total assets increased by 38222.4% over the same period, from $58 to $22K. In its most recent filing year (2017), Al Quran Kareem Foundation Of Omaha Inc reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $33K | $11K | $22K | $0 | — | View 990 |
| 2016 | $11 | $0 | $69 | $0 | — | View 990 |
| 2015 | $58 | $0 | $58 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $33K, expenses of $11K, and assets of $22K (revenue +303090.9% year-over-year).
- 2016: Revenue of $11, expenses of $0, and assets of $69 (revenue -81.0% year-over-year).
- 2015: Revenue of $58, expenses of $0, and assets of $58.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Al Quran Kareem Foundation Of Omaha Inc:
Data Sources and Methodology
This transparency report for Al Quran Kareem Foundation Of Omaha Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.