North American Foundation Of Islamic Services
North American Foundation Of Islamic Services shows consistent revenue and asset growth with no reported officer compensation.
EIN: 204809945 · Apex, NC · NTEE: X40 · Updated: 2026-03-28
Is North American Foundation Of Islamic Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Foundation Of Islamic Services directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Foundation Of Islamic Services
North American Foundation Of Islamic Services (EIN: 204809945) is a nonprofit organization based in Apex, NC, classified under NTEE code X40. The organization reported total revenue of $1.4M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Foundation Of Islamic Services'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 North American Foundation Of Islamic Services with a Mission Score of 70 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, North American Foundation Of Islamic Services 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
No officer compensation has been reported across all 11 available IRS 990 filings, which is unusual for an organization with annual revenues exceeding $1 million and assets nearing $4 million. This could imply a fully volunteer executive leadership or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 North American Foundation Of Islamic Services's IRS 990 filings:
- No reported officer compensation across all filings, which could obscure true administrative costs or indicate a lack of transparency in executive remuneration.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for North American Foundation Of Islamic Services:
- Consistent revenue generation, with latest revenue at $1,442,707.
- Steady growth in assets, reaching $3,666,459 in 2022.
- Significant reduction in liabilities over the past decade, improving financial stability.
- Positive net income in the latest filing period (2022), with revenues exceeding expenses by $270,525.
Frequently Asked Questions about North American Foundation Of Islamic Services
Is North American Foundation Of Islamic Services a legitimate charity?
Based on AI analysis of IRS 990 filings, North American Foundation Of Islamic Services (EIN: 204809945) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does North American Foundation Of Islamic Services spend its money?
North American Foundation Of Islamic Services directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North American Foundation Of Islamic Services tax-deductible?
North American Foundation Of Islamic Services is registered as a tax-exempt nonprofit (EIN: 204809945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North American Foundation Of Islamic Services a good charity?
Based on the available data, the organization appears financially stable with consistent revenue and asset growth. However, without detailed functional expense breakdowns and clarity on executive compensation, a full assessment of its programmatic efficiency and overall 'goodness' is limited.
How does the organization manage its liabilities?
The organization has significantly reduced its liabilities from a peak of $2,096,480 in 2012 to $1,051,320 in 2022, indicating effective financial management in reducing debt and improving its balance sheet.
What is the trend in the organization's financial health?
The organization shows a positive trend in financial health, with growing assets (from $2,052,266 in 2012 to $3,666,459 in 2022) and decreasing liabilities, alongside consistent revenue generation.
Filing History
IRS 990 filing history for North American Foundation Of Islamic Services showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), North American Foundation Of Islamic Services's revenue has grown by 270.5%, moving from $389K to $1.4M. Total assets increased by 89.3% over the same period, from $1.9M to $3.7M. Total functional expenses rose by 117.6%, from $539K to $1.2M. In its most recent filing year (2022), North American Foundation Of Islamic Services reported a surplus of $271K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.7M in assets (debt-to-asset ratio: 28.7%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $1.4M | $1.2M | $3.7M | $1.1M | — | View 990 |
| 2021 | $990K | $676K | $3.7M | $1.3M | — | View 990 |
| 2019 | $1.6M | $975K | $3.6M | $1.6M | — | View 990 |
| 2018 | $1.3M | $888K | $3.2M | $1.8M | — | View 990 |
| 2017 | $1.2M | $814K | $2.8M | $2.0M | — | View 990 |
| 2016 | $980K | $702K | $2.5M | $2.0M | — | View 990 |
| 2015 | $839K | $609K | $2.4M | $2.1M | — | View 990 |
| 2014 | $673K | $584K | $1.9M | $1.9M | — | View 990 |
| 2013 | $563K | $507K | $2.0M | $2.0M | — | View 990 |
| 2012 | $533K | $490K | $2.1M | $2.1M | — | View 990 |
| 2011 | $389K | $539K | $1.9M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $3.7M (revenue +45.7% year-over-year).
- 2021: Revenue of $990K, expenses of $676K, and assets of $3.7M (revenue -38.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $975K, and assets of $3.6M (revenue +24.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $888K, and assets of $3.2M (revenue +2.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $814K, and assets of $2.8M (revenue +27.5% year-over-year).
- 2016: Revenue of $980K, expenses of $702K, and assets of $2.5M (revenue +16.7% year-over-year).
- 2015: Revenue of $839K, expenses of $609K, and assets of $2.4M (revenue +24.7% year-over-year).
- 2014: Revenue of $673K, expenses of $584K, and assets of $1.9M (revenue +19.4% year-over-year).
- 2013: Revenue of $563K, expenses of $507K, and assets of $2.0M (revenue +5.6% year-over-year).
- 2012: Revenue of $533K, expenses of $490K, and assets of $2.1M (revenue +37.0% year-over-year).
- 2011: Revenue of $389K, expenses of $539K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for North American Foundation Of Islamic Services 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.