Muslim Foundation Inc

Muslim Foundation Inc: Strong Asset Growth, Transparency Gaps

EIN: 222413703 · Somerset, NJ · Updated: 2026-04-04

$2.2MRevenue
$14.0MAssets
75/100Mission Score (Good)
Muslim Foundation Inc Financial Summary
MetricValue
Total Revenue$2.2M
Total Expenses$1.6M
Program Spending70%
Net Assets$9.8M
Transparency Score75/100

Search Intent Cockpit

Muslim Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Muslim Foundation 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 Muslim Foundation Inc in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $2.5M and expenses of $1.6M.

Revenue and Expenses

Muslim Foundation Inc reported $2.5M in revenue and $1.6M in expenses, a surplus of $934K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Muslim Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Muslim Foundation Inc Expense Deployment
Program services$1.1M (70%)

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

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Muslim Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

Trust Check

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Follow the Money

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Donation Decision Flow

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1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

70% of spending goes to programs.

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Muslim Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Muslim Foundation Inc

Muslim Foundation Inc (EIN: 222413703) is a nonprofit organization based in Somerset, NJ. The organization reported total revenue of $2.2M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Muslim Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

42Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Muslim Foundation Inc is a mid-size nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.5M
Total Expenses$1.6M
Surplus / Deficit+$934K
Total Assets$12.8M
Total Liabilities$3.0M
Net Assets$9.8M
Operating Margin37.3%
Debt-to-Asset Ratio23.7%
Months of Reserves98.1 months

Financial Health Grade: A

In 2023, Muslim Foundation Inc reported a surplus of $934K with revenue exceeding expenses, holds 98.1 months of operating reserves (strong position), has a debt-to-asset ratio of 23.7% (moderate leverage).

Financial Trends

Over 14 years of filings (2010–2023), Muslim Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+46.4%+23.0%+3.8%
2022+28.9%+56.3%+9.2%
2021-0.3%+0.9%+26.3%
2020-13.6%-9.1%+6.1%
2019+21.3%-20.2%+6.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1984

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Muslim Foundation Inc is a unknown nonprofit based in Somerset, New Jersey, with reported revenue of $2.2M and assets of $14.0M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation information is not disclosed in the provided filings, preventing an assessment of its reasonableness relative to the organization's revenue and assets. Revenue has grown +260% across 14 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Muslim Foundation Inc 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: 15%
  • programs: 70%
  • fundraising: 15%

According to IRS 990 filings, Muslim Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.5MTotal Revenue
$1.6MTotal Expenses
$12.8MTotal Assets
$3.0MTotal Liabilities
$9.8MNet Assets
  • The organization reported a surplus of $934K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 23.7%.

Executive Compensation Analysis

Executive compensation information is not disclosed in the provided filings, preventing an assessment of its reasonableness relative to the organization's revenue and 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 Muslim Foundation Inc's IRS 990 filings:

  • Lack of detailed program descriptions and impact reporting on their website or in public filings.
  • Absence of executive compensation details in available financial data.

Strengths

The following positive indicators were identified for Muslim Foundation Inc:

  • Consistent revenue growth over the past several years, from $1,088,518 in 2016 to $2,504,911 in 2023.
  • Significant asset growth, increasing from $6,652,749 in 2016 to $12,839,041 in 2023, indicating strong financial health.
  • Low liability-to-asset ratio, suggesting good financial management and stability.

Frequently Asked Questions about Muslim Foundation Inc

Is Muslim Foundation Inc a legitimate charity?

Muslim Foundation Inc (EIN: 222413703) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Muslim Foundation Inc spend its money?

Muslim Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.

Are donations to Muslim Foundation Inc tax-deductible?

Muslim Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222413703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Muslim Foundation Inc's spending goes to programs?

Muslim Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is Muslim Foundation Inc located?

Muslim Foundation Inc is headquartered in Somerset, New Jersey and files with the IRS under EIN 222413703.

How many years of IRS 990 filings does Muslim Foundation Inc have?

Muslim Foundation Inc has 14 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 $2.2M in total revenue.

What does Muslim Foundation Inc do?

Muslim Foundation Inc is a nonprofit organization in the Unknown sector, located in Somerset, New Jersey. It is classified under NTEE code Unknown.

How much revenue does Muslim Foundation Inc have?

Muslim Foundation Inc reported total revenue of $2,222,033. Based on 14 IRS 990 filings on record.

What are Muslim Foundation Inc's total assets?

Muslim Foundation Inc holds total assets of $14,028,036 as reported in IRS 990 filings.

Where is Muslim Foundation Inc located?

Muslim Foundation Inc is based in Somerset, New Jersey.

What is Muslim Foundation Inc's EIN?

Muslim Foundation Inc's Employer Identification Number (EIN) is 222413703. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Muslim Foundation Inc?

Muslim Foundation Inc is classified under NTEE code Unknown (Unknown).

Is Muslim Foundation Inc a registered 501(c)(3)?

Muslim Foundation Inc appears in IRS records (EIN: 222413703). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does Muslim Foundation Inc file IRS Form 990?

Yes, Muslim Foundation Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.

What was Muslim Foundation Inc's revenue in 2023?

In the 202312 filing period, Muslim Foundation Inc reported total revenue of $2,504,911, total expenses of $1,571,296, and net assets of $12,839,041.

Is Muslim Foundation Inc's revenue growing or declining?

Muslim Foundation Inc's revenue is growing. Revenue went from $1,711,494 (202212) to $2,504,911 (202312), a +46.4% change. Based on 14 filings on record.

What is Muslim Foundation Inc's most recent 990 filing?

The most recent IRS Form 990 filing for Muslim Foundation Inc covers tax period 202312. It shows revenue of $2,504,911, expenses of $1,571,296, total assets of $12,839,041, and liabilities of $3,041,114.

How much does Muslim Foundation Inc spend on programs vs administration?

Based on IRS 990 analysis, Muslim Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.

Is Muslim Foundation Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, Muslim Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.

What are the red flags for Muslim Foundation Inc?

The following concerns were identified: Lack of detailed program descriptions and impact reporting on their website or in public filings.. Absence of executive compensation details in available financial data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are Muslim Foundation Inc's strengths?

Positive indicators for Muslim Foundation Inc include: Consistent revenue growth over the past several years, from $1,088,518 in 2016 to $2,504,911 in 2023.. Significant asset growth, increasing from $6,652,749 in 2016 to $12,839,041 in 2023, indicating strong financial health.. Low liability-to-asset ratio, suggesting good financial management and stability.. These findings are derived from AI analysis of the organization's financial filings.

How does Muslim Foundation Inc compensate executives?

Executive compensation information is not disclosed in the provided filings, preventing an assessment of its reasonableness relative to the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the substantial asset growth, how does Muslim Foundation Inc plan to leverage these assets to expand its mission-related programs and impact?

Without specific program details, it's unclear how the growing asset base is directly translating into expanded or new mission-aligned initiatives. Further information on strategic asset utilization would be beneficial.

What specific programs or initiatives are supported by the organization's revenue, and what are the measurable outcomes of these programs?

The provided data lacks specific program details. To fully understand the organization's impact, a breakdown of programs and their respective outcomes is needed beyond general financial figures.

Filing History

IRS 990 filing history for Muslim Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Muslim Foundation Inc's revenue has grown by 260.4%, moving from $695K to $2.5M. Total assets increased by 72.5% over the same period, from $7.4M to $12.8M. Total functional expenses rose by 340.1%, from $357K to $1.6M. In its most recent filing year (2023), Muslim Foundation Inc reported a surplus of $934K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $12.8M in assets (debt-to-asset ratio: 23.7%), resulting in net assets of $9.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.5M $1.6M $12.8M $3.0M
2022 $1.7M $1.3M $12.4M $3.5M View 990
2021 $1.3M $817K $11.3M $2.9M View 990
2020 $1.3M $810K $9.0M $1.1M View 990
2019 $1.5M $891K $8.5M $1.1M View 990
2018 $1.3M $1.1M $8.0M $1.2M View 990
2017 $1.2M $762K $6.8M $219K View 990
2016 $1.1M $749K $6.7M $496K View 990
2015 $2.1M $813K $6.8M $935K View 990
2014 $1.6M $797K $6.8M $2.4M View 990
2013 $932K $795K $7.1M $3.5M View 990
2012 $839K $768K $7.2M $3.7M View 990
2011 $1.2M $690K $7.4M $4.0M View 990
2010 $695K $357K $7.4M $4.5M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.5M, expenses of $1.6M, and assets of $12.8M (revenue +46.4% year-over-year).
  • 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $12.4M (revenue +28.9% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $817K, and assets of $11.3M (revenue -0.3% year-over-year).
  • 2020: Revenue of $1.3M, expenses of $810K, and assets of $9.0M (revenue -13.6% year-over-year).
  • 2019: Revenue of $1.5M, expenses of $891K, and assets of $8.5M (revenue +21.3% year-over-year).
  • 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $8.0M (revenue +6.0% year-over-year).
  • 2017: Revenue of $1.2M, expenses of $762K, and assets of $6.8M (revenue +10.1% year-over-year).
  • 2016: Revenue of $1.1M, expenses of $749K, and assets of $6.7M (revenue -49.3% year-over-year).
  • 2015: Revenue of $2.1M, expenses of $813K, and assets of $6.8M (revenue +31.5% year-over-year).
  • 2014: Revenue of $1.6M, expenses of $797K, and assets of $6.8M (revenue +75.1% year-over-year).
  • 2013: Revenue of $932K, expenses of $795K, and assets of $7.1M (revenue +11.1% year-over-year).
  • 2012: Revenue of $839K, expenses of $768K, and assets of $7.2M (revenue -28.9% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $690K, and assets of $7.4M (revenue +69.6% year-over-year).
  • 2010: Revenue of $695K, expenses of $357K, and assets of $7.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Muslim Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Muslim Foundation 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.

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