Islam Family Foundation
Islam Family Foundation consistently spends more than it earns, relying on substantial assets while reporting no officer compensation.
EIN: 20683054 · Bremerton, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $233K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.9M |
| Transparency Score | 75/100 |
Is Islam Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Islam Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Islam Family Foundation
Islam Family Foundation (EIN: 20683054) is a nonprofit organization based in Bremerton, WA, classified under NTEE code T22. The organization reported total revenue of $1.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Islam Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Islam Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $233K |
| Surplus / Deficit | $-121,672 |
| Total Assets | $2.1M |
| Total Liabilities | $195K |
| Net Assets | $1.9M |
| Operating Margin | -109.7% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 107.4 months |
Financial Health Grade: B
In 2023, Islam Family Foundation reported a deficit of $122K with expenses exceeding revenue, holds 107.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +4.8% | -5.2% |
| 2022 | -63.1% | -7.8% | -5.3% |
| 2021 | +28.0% | +35.2% | +5.6% |
| 2020 | +31.8% | +3.0% | +2.7% |
| 2019 | +27.2% | +7.9% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Islam Family Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Islam Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and indicates that no funds are being diverted to officer salaries, especially for an organization with over $2 million in assets.
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 Islam Family Foundation's IRS 990 filings:
- Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $232,546 expenses vs. $110,874 revenue in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for Islam Family Foundation:
- Strong asset base, consistently over $2 million, providing financial stability.
- Zero officer compensation reported across all filings, indicating high financial integrity and dedication of resources to the mission.
- Consistent filing history (10 filings) demonstrates transparency in reporting to the IRS.
Frequently Asked Questions about Islam Family Foundation
Is Islam Family Foundation a legitimate charity?
Islam Family Foundation (EIN: 20683054) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Islam Family Foundation spend its money?
Islam Family Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Islam Family Foundation tax-deductible?
Islam Family Foundation is registered as a tax-exempt nonprofit (EIN: 20683054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Islam Family Foundation CEO make?
Islam Family Foundation's highest-compensated officer earns $2 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Islam Family Foundation's spending goes to programs?
Islam Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Islam Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Islam Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Islam Family Foundation located?
Islam Family Foundation is headquartered in Bremerton, Washington and files with the IRS under EIN 20683054. It is classified under NTEE code T22.
How many years of IRS 990 filings does Islam Family Foundation have?
Islam Family Foundation has 10 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 $1.2M in total revenue.
How does the Islam Family Foundation cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue, such as $232,546 in expenses vs. $110,874 in revenue in 2023. This suggests they are likely drawing from their substantial asset base, which was $2,080,839 in 2023, or relying on prior accumulated surpluses.
What is the primary use of the organization's significant assets?
With assets consistently over $2 million, and given the operational deficits, it's plausible these assets are either invested to generate some income (though not enough to cover expenses) or serve as an endowment to support the organization's long-term mission and cover shortfalls. The NTEE code T22 (Islamic) suggests a focus on religious activities, but specific asset utilization details are not provided.
What are the specific program activities funded by the Islam Family Foundation?
The NTEE code T22 indicates the organization is involved in Islamic activities. However, the provided financial data does not detail the specific programs or services it delivers, making it difficult to assess the direct impact of its spending.
Filing History
IRS 990 filing history for Islam Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 0.9% over the same period, from $2.1M to $2.1M. Total functional expenses rose by 50.1%, from $155K to $233K. In its most recent filing year (2023), Islam Family Foundation reported a deficit of $122K, with expenses exceeding revenue. The organization holds $195K in liabilities against $2.1M in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $233K | $2.1M | $195K | — | — |
| 2022 | $112K | $222K | $2.2M | $187K | — | View 990 |
| 2021 | $303K | $241K | $2.3M | $199K | — | View 990 |
| 2020 | $237K | $178K | $2.2M | $138K | — | — |
| 2019 | $180K | $173K | $2.1M | $140K | — | — |
| 2015 | $141K | $160K | $2.1M | $128K | — | View 990 |
| 2014 | $197K | $160K | $2.1M | $128K | — | View 990 |
| 2013 | $157K | $150K | $2.1M | $119K | — | View 990 |
| 2012 | $121K | $137K | $2.1M | $101K | — | View 990 |
| 2011 | $-7,132 | $155K | $2.1M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $233K, and assets of $2.1M (revenue -0.9% year-over-year).
- 2022: Revenue of $112K, expenses of $222K, and assets of $2.2M (revenue -63.1% year-over-year).
- 2021: Revenue of $303K, expenses of $241K, and assets of $2.3M (revenue +28.0% year-over-year).
- 2020: Revenue of $237K, expenses of $178K, and assets of $2.2M (revenue +31.8% year-over-year).
- 2019: Revenue of $180K, expenses of $173K, and assets of $2.1M (revenue +27.2% year-over-year).
- 2015: Revenue of $141K, expenses of $160K, and assets of $2.1M (revenue -28.0% year-over-year).
- 2014: Revenue of $197K, expenses of $160K, and assets of $2.1M (revenue +25.3% year-over-year).
- 2013: Revenue of $157K, expenses of $150K, and assets of $2.1M (revenue +29.6% year-over-year).
- 2012: Revenue of $121K, expenses of $137K, and assets of $2.1M.
- 2011: Revenue of $-7,132, expenses of $155K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Islam Family Foundation:
Data Sources and Methodology
This transparency report for Islam Family Foundation 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.