Bosnian American Islamic Cultural Center
Bosnian American Islamic Cultural Center maintains strong asset base with zero liabilities, though recent expenses have exceeded revenue.
EIN: 201800387 · Hartford, CT · NTEE: X03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $519K |
| Total Expenses | $644K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Bosnian American Islamic Cultural Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bosnian American Islamic Cultural Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bosnian American Islamic Cultural Center
Bosnian American Islamic Cultural Center (EIN: 201800387) is a nonprofit organization based in Hartford, CT, classified under NTEE code X03. The organization reported total revenue of $519K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bosnian American Islamic Cultural Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bosnian American Islamic Cultural Center is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $582K |
| Total Expenses | $644K |
| Surplus / Deficit | $-61,812 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -10.6% |
| Months of Reserves | 24.7 months |
Financial Health Grade: B
In 2023, Bosnian American Islamic Cultural Center reported a deficit of $62K with expenses exceeding revenue, holds 24.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Bosnian American Islamic Cultural Center's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.8% | -6.0% | +18.4% |
| 2022 | +34.3% | +135.4% | -17.0% |
| 2021 | +6.1% | -22.1% | +3.7% |
| 2020 | -4.6% | +8.2% | -4.0% |
| 2019 | -30.2% | -14.0% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bosnian American Islamic Cultural Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bosnian American Islamic Cultural Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $62K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is not categorized as 'officer compensation,' which is highly favorable for an organization of its size with assets over $1.3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bosnian American Islamic Cultural Center's IRS 990 filings:
- Expenses exceeded revenue in 2022 and 2023, potentially drawing down assets if not reversed.
Strengths
The following positive indicators were identified for Bosnian American Islamic Cultural Center:
- Zero liabilities reported across all filings, indicating excellent financial health.
- Consistent asset base over $1 million, providing financial stability.
- 0% officer compensation reported, suggesting high efficiency in leadership costs.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
Frequently Asked Questions about Bosnian American Islamic Cultural Center
Is Bosnian American Islamic Cultural Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Bosnian American Islamic Cultural Center (EIN: 201800387) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bosnian American Islamic Cultural Center spend its money?
Bosnian American Islamic Cultural Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bosnian American Islamic Cultural Center tax-deductible?
Bosnian American Islamic Cultural Center is registered as a tax-exempt nonprofit (EIN: 201800387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bosnian American Islamic Cultural Center CEO make?
Bosnian American Islamic Cultural Center's highest-compensated officer earns $1.3 annually. The organization reported $519K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bosnian American Islamic Cultural Center's spending goes to programs?
Bosnian American Islamic Cultural Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bosnian American Islamic Cultural Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bosnian American Islamic Cultural Center is above average for NTEE category X03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bosnian American Islamic Cultural Center located?
Bosnian American Islamic Cultural Center is headquartered in Hartford, Connecticut and files with the IRS under EIN 201800387. It is classified under NTEE code X03.
How many years of IRS 990 filings does Bosnian American Islamic Cultural Center have?
Bosnian American Islamic Cultural Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $519K in total revenue.
How does the organization cover the deficit when expenses exceed revenue, as seen in 2022 and 2023?
The organization likely draws from its substantial asset base, which was $1,327,150 in 2023, to cover periods where expenses ($643,672 in 2023) exceed revenue ($581,860 in 2023).
What are the specific program activities funded by the organization?
The NTEE code X03 indicates 'Religious Activities,' suggesting programs are centered around religious, cultural, and community services for the Bosnian American Islamic community.
Is the 0% officer compensation sustainable for long-term leadership?
While highly efficient, a completely volunteer-based leadership might face challenges in scalability or attracting specialized talent in the long run, depending on the complexity of operations.
Filing History
IRS 990 filing history for Bosnian American Islamic Cultural Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bosnian American Islamic Cultural Center's revenue has grown by 239.1%, moving from $172K to $582K. Total assets increased by 58.8% over the same period, from $836K to $1.3M. Total functional expenses rose by 307.9%, from $158K to $644K. In its most recent filing year (2023), Bosnian American Islamic Cultural Center reported a deficit of $62K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $582K | $644K | $1.3M | $0 | — | — |
| 2022 | $455K | $685K | $1.1M | $0 | — | — |
| 2021 | $339K | $291K | $1.4M | $0 | — | View 990 |
| 2020 | $320K | $373K | $1.3M | $0 | — | View 990 |
| 2019 | $335K | $345K | $1.4M | $0 | — | View 990 |
| 2018 | $480K | $401K | $1.4M | $0 | — | View 990 |
| 2017 | $451K | $282K | $1.3M | $0 | — | View 990 |
| 2016 | $274K | $224K | $1.1M | $0 | — | View 990 |
| 2015 | $254K | $213K | $1.1M | $0 | — | View 990 |
| 2014 | $382K | $256K | $1.0M | $0 | — | View 990 |
| 2013 | $229K | $179K | $914K | $0 | — | View 990 |
| 2012 | $183K | $154K | $864K | $0 | — | View 990 |
| 2011 | $172K | $158K | $836K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $582K, expenses of $644K, and assets of $1.3M (revenue +27.8% year-over-year).
- 2022: Revenue of $455K, expenses of $685K, and assets of $1.1M (revenue +34.3% year-over-year).
- 2021: Revenue of $339K, expenses of $291K, and assets of $1.4M (revenue +6.1% year-over-year).
- 2020: Revenue of $320K, expenses of $373K, and assets of $1.3M (revenue -4.6% year-over-year).
- 2019: Revenue of $335K, expenses of $345K, and assets of $1.4M (revenue -30.2% year-over-year).
- 2018: Revenue of $480K, expenses of $401K, and assets of $1.4M (revenue +6.4% year-over-year).
- 2017: Revenue of $451K, expenses of $282K, and assets of $1.3M (revenue +64.5% year-over-year).
- 2016: Revenue of $274K, expenses of $224K, and assets of $1.1M (revenue +8.1% year-over-year).
- 2015: Revenue of $254K, expenses of $213K, and assets of $1.1M (revenue -33.6% year-over-year).
- 2014: Revenue of $382K, expenses of $256K, and assets of $1.0M (revenue +67.0% year-over-year).
- 2013: Revenue of $229K, expenses of $179K, and assets of $914K (revenue +25.1% year-over-year).
- 2012: Revenue of $183K, expenses of $154K, and assets of $864K (revenue +6.6% year-over-year).
- 2011: Revenue of $172K, expenses of $158K, and assets of $836K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bosnian American Islamic Cultural Center:
Data Sources and Methodology
This transparency report for Bosnian American Islamic Cultural Center 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.