Gwinnett Islamic Circle Inc
Gwinnett Islamic Circle Inc consistently spends more than it earns, drawing down assets while reporting no officer compensation.
EIN: 113739604 · Suwanee, GA · NTEE: X40 · Updated: 2026-03-28
Is Gwinnett Islamic Circle Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gwinnett Islamic Circle Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gwinnett Islamic Circle Inc
Gwinnett Islamic Circle Inc (EIN: 113739604) is a nonprofit organization based in Suwanee, GA, classified under NTEE code X40. The organization reported total revenue of $708K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gwinnett Islamic Circle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gwinnett Islamic Circle Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Gwinnett Islamic Circle Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation is not reported under this category, which is unusual for an organization of its asset size ($4,053,596).
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 Gwinnett Islamic Circle Inc's IRS 990 filings:
- Consistent deficit spending: Expenses have exceeded revenue in 2023 ($1,089,816 vs. $708,109), 2022 ($1,108,548 vs. $736,350), and 2021 ($723,359 vs. $450,589).
- Declining assets: Total assets have decreased from $5,080,271 in 2020 to $4,053,596 in 2023.
- Zero reported officer compensation: While potentially positive, for an organization with over $4 million in assets, this could warrant further inquiry into how leadership is compensated or if all forms of compensation are fully disclosed.
Strengths
The following positive indicators were identified for Gwinnett Islamic Circle Inc:
- Substantial asset base: The organization holds significant assets, totaling $4,053,596 in the latest filing.
- Zero reported liabilities: The organization consistently reports $0 in liabilities across all filings, indicating strong debt management.
- History of significant revenue generation: In prior years (e.g., 2019 and 2018), the organization demonstrated an ability to generate substantial revenue, exceeding $1.7 million annually.
Frequently Asked Questions about Gwinnett Islamic Circle Inc
Is Gwinnett Islamic Circle Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gwinnett Islamic Circle Inc (EIN: 113739604) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Gwinnett Islamic Circle Inc spend its money?
Gwinnett Islamic Circle Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gwinnett Islamic Circle Inc tax-deductible?
Gwinnett Islamic Circle Inc is registered as a tax-exempt nonprofit (EIN: 113739604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gwinnett Islamic Circle Inc a good charity?
The organization has substantial assets and no reported liabilities, indicating financial stability. However, its consistent deficit spending (expenses exceeding revenue) in recent years, such as $1,089,816 in expenses against $708,109 in revenue in 2023, raises questions about long-term sustainability without further revenue growth or expense reduction. The lack of reported officer compensation is notable but requires more context to fully assess.
How does Gwinnett Islamic Circle Inc fund its operations given consistent deficits?
With expenses exceeding revenue in recent years (e.g., $1,089,816 expenses vs. $708,109 revenue in 2023), the organization appears to be drawing down its significant asset base ($4,053,596 in 2023) or relying on prior accumulated surpluses to cover operational costs.
What is the trend in Gwinnett Islamic Circle Inc's financial health?
While assets remain substantial, the organization has seen a decline in assets from $5,080,271 in 2020 to $4,053,596 in 2023. This, coupled with consistent deficit spending in the last three reported periods, suggests a negative trend in its financial health, indicating that current spending levels are not sustainable without increased revenue.
Filing History
IRS 990 filing history for Gwinnett Islamic Circle Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Gwinnett Islamic Circle Inc's revenue has grown by 27.2%, moving from $557K to $708K. Total assets increased by 958.2% over the same period, from $383K to $4.1M. Total functional expenses rose by 527.2%, from $174K to $1.1M. In its most recent filing year (2023), Gwinnett Islamic Circle Inc reported a deficit of $382K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $708K | $1.1M | $4.1M | $0 | — | — |
| 2022 | $736K | $1.1M | $4.4M | $0 | — | — |
| 2021 | $451K | $723K | $4.8M | $0 | — | View 990 |
| 2020 | $1.0M | $206K | $5.1M | $0 | — | View 990 |
| 2019 | $1.9M | $158K | $4.3M | $0 | — | View 990 |
| 2018 | $1.7M | $156K | $2.6M | $0 | — | View 990 |
| 2017 | $534K | $399K | $970K | $0 | — | View 990 |
| 2016 | $281K | $348K | $835K | $0 | — | View 990 |
| 2015 | $0 | $0 | $903K | $0 | — | View 990 |
| 2014 | $360K | $396K | $1.3M | $0 | — | View 990 |
| 2012 | $557K | $174K | $383K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $708K, expenses of $1.1M, and assets of $4.1M (revenue -3.8% year-over-year).
- 2022: Revenue of $736K, expenses of $1.1M, and assets of $4.4M (revenue +63.4% year-over-year).
- 2021: Revenue of $451K, expenses of $723K, and assets of $4.8M (revenue -56.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $206K, and assets of $5.1M (revenue -44.6% year-over-year).
- 2019: Revenue of $1.9M, expenses of $158K, and assets of $4.3M (revenue +6.7% year-over-year).
- 2018: Revenue of $1.7M, expenses of $156K, and assets of $2.6M (revenue +226.1% year-over-year).
- 2017: Revenue of $534K, expenses of $399K, and assets of $970K (revenue +90.1% year-over-year).
- 2016: Revenue of $281K, expenses of $348K, and assets of $835K.
- 2015: Revenue of $0, expenses of $0, and assets of $903K (revenue -100.0% year-over-year).
- 2014: Revenue of $360K, expenses of $396K, and assets of $1.3M (revenue -35.4% year-over-year).
- 2012: Revenue of $557K, expenses of $174K, and assets of $383K.
Data Sources and Methodology
This transparency report for Gwinnett Islamic Circle 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.