Iqra Community Services Inc

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Iqra Community Services Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Iqra Community Services Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Iqra Community Services Inc in one place.

Is Iqra Community Services Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Iqra Community Services Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Iqra Community Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Iqra Community Services Inc

Iqra Community Services Inc (EIN: 201632633) is a nonprofit organization based in E Brunswick, NJ, classified under NTEE code X21. The organization reported total revenue of $921K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iqra Community Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Iqra Community Services Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Iqra Community Services Inc reported a surplus of $841K with revenue exceeding expenses, holds 973.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Iqra Community Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.

IRS Tax-Exempt Classification

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 Iqra Community Services Inc 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: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, Iqra Community Services Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $841K, with revenue exceeding expenses.
• Debt-to-asset ratio: 7.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly favorable for donor trust and resource allocation.

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 Iqra Community Services Inc's IRS 990 filings:

• Extremely low reported expenses relative to revenue, raising questions about immediate programmatic deployment of funds.
• Lack of detailed expense breakdown in available data makes it difficult to assess specific program spending versus administrative costs.

Strengths

The following positive indicators were identified for Iqra Community Services Inc:

• Strong and consistent revenue growth over the past decade, from $156,499 in 2015 to $890,846 in 2023.
• Robust financial health with significant asset accumulation ($4,041,485 in 2023) and low liabilities ($299,597 in 2023).
• Zero reported officer compensation across all filings, indicating a volunteer-driven leadership and efficient use of funds.
• Very low overall expenses, suggesting highly efficient operations or significant reinvestment/saving of funds.

Frequently Asked Questions about Iqra Community Services Inc

Filing History

IRS 990 filing history for Iqra Community Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Iqra Community Services Inc's revenue has grown by 309.2%, moving from $218K to $891K. Total assets increased by 543.6% over the same period, from $628K to $4.0M. Total functional expenses rose by 42.5%, from $35K to $50K. In its most recent filing year (2023), Iqra Community Services Inc reported a surplus of $841K, with revenue exceeding expenses. The organization holds $300K in liabilities against $4.0M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $3.7M.

Year-by-Year Financial Summary

• 2023: Revenue of $891K, expenses of $50K, and assets of $4.0M (revenue +2.4% year-over-year).
• 2022: Revenue of $870K, expenses of $59K, and assets of $3.2M (revenue +17.1% year-over-year).
• 2021: Revenue of $743K, expenses of $567K, and assets of $2.1M (revenue +169.7% year-over-year).
• 2020: Revenue of $276K, expenses of $43K, and assets of $1.9M (revenue -33.6% year-over-year).
• 2019: Revenue of $415K, expenses of $63K, and assets of $1.7M (revenue +17.6% year-over-year).
• 2018: Revenue of $353K, expenses of $83K, and assets of $1.3M (revenue +56.4% year-over-year).
• 2017: Revenue of $225K, expenses of $81K, and assets of $1.1M (revenue +29.5% year-over-year).
• 2016: Revenue of $174K, expenses of $89K, and assets of $916K (revenue +11.2% year-over-year).
• 2015: Revenue of $156K, expenses of $39K, and assets of $831K (revenue -5.2% year-over-year).
• 2014: Revenue of $165K, expenses of $47K, and assets of $732K (revenue -8.3% year-over-year).
• 2013: Revenue of $180K, expenses of $33K, and assets of $614K (revenue -4.1% year-over-year).
• 2012: Revenue of $188K, expenses of $32K, and assets of $626K (revenue -13.8% year-over-year).
• 2011: Revenue of $218K, expenses of $35K, and assets of $628K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Iqra Community Services Inc:

Data Sources and Methodology

This transparency report for Iqra Community Services 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.