Organization Of North Amerian Shia Ithna Asheri Muslim

Organization Of North Amerian Shia Ithna Asheri Muslim shows consistent revenue growth and zero reported officer compensation.

EIN: 201696247 · Minneapolis, MN · NTEE: X40 · Updated: 2026-03-28

$641KRevenue
$879KAssets
90/100Mission Score (Excellent)
X40
Organization Of North Amerian Shia Ithna Asheri Muslim Financial Summary
MetricValue
Total Revenue$641K
Total Expenses$579K
Program Spending85%
Net Assets$879K
Transparency Score90/100

Is Organization Of North Amerian Shia Ithna Asheri Muslim Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Organization Of North Amerian Shia Ithna Asheri Muslim directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Organization Of North Amerian Shia Ithna Asheri Muslim

Organization Of North Amerian Shia Ithna Asheri Muslim (EIN: 201696247) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code X40. The organization reported total revenue of $641K and total assets of $879K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Organization Of North Amerian Shia Ithna Asheri Muslim's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Organization Of North Amerian Shia Ithna Asheri Muslim 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 -3.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$641K
Total Expenses$579K
Surplus / Deficit+$62K
Total Assets$879K
Total Liabilities$150
Net Assets$879K
Operating Margin9.7%
Debt-to-Asset Ratio0.0%
Months of Reserves18.2 months

Financial Health Grade: A

In 2023, Organization Of North Amerian Shia Ithna Asheri Muslim reported a surplus of $62K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Organization Of North Amerian Shia Ithna Asheri Muslim's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+43.8%+147.0%+7.4%
2022+6.8%+0.5%+33.8%
2021+7.5%-13.2%+44.1%
2020+54.8%-18.9%+39.1%
2019-23.2%-44.7%-21.7%

IRS Tax-Exempt Classification

IRS Classification Codes1700
IRS Ruling Date2005

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

AI Transparency Report

Organization Of North Amerian Shia Ithna Asheri Muslim demonstrates a generally stable financial position with consistent revenue growth in recent years, reaching $640,710 in 2023. The organization has shown a positive trend in asset accumulation, growing from $393,357 in 2015 to $879,122 in 2023, indicating sound financial management and asset building. Their liabilities have remained relatively low, with the latest filing showing $150, which is a strong indicator of financial health and low debt burden. The organization consistently reports 0% officer compensation, which suggests a volunteer-driven leadership or that compensation is not reported in this category, enhancing its perceived efficiency and donor trust. Spending efficiency appears to be reasonable, with expenses in 2023 at $578,732 against revenues of $640,710, indicating that the majority of incoming funds are being utilized for operations and programs. While specific program spending breakdowns are not provided in the summary data, the overall expense ratio suggests a commitment to deploying resources. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency and efficiency, as it implies that a very high proportion of funds are directed towards the organization's mission rather than executive salaries. This practice can build strong donor confidence and reflects a lean operational model. Overall, the organization exhibits good financial health, responsible asset management, and a strong commitment to minimizing administrative overhead, as evidenced by the lack of reported officer compensation. The consistent growth in revenue and assets, coupled with low liabilities, paints a picture of a well-managed and financially prudent nonprofit. The absence of reported officer compensation is a key factor in assessing its transparency and efficiency, suggesting a high degree of volunteerism at the leadership level.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Organization Of North Amerian Shia Ithna Asheri Muslim with a Mission Score of 90 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

According to IRS 990 filings, Organization Of North Amerian Shia Ithna Asheri Muslim allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$641KTotal Revenue
$579KTotal Expenses
$879KTotal Assets
$150Total Liabilities
$879KNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for efficiency and donor confidence.

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.

Strengths

The following positive indicators were identified for Organization Of North Amerian Shia Ithna Asheri Muslim:

Frequently Asked Questions about Organization Of North Amerian Shia Ithna Asheri Muslim

Is Organization Of North Amerian Shia Ithna Asheri Muslim a legitimate charity?

Organization Of North Amerian Shia Ithna Asheri Muslim (EIN: 201696247) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $641K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Organization Of North Amerian Shia Ithna Asheri Muslim spend its money?

Organization Of North Amerian Shia Ithna Asheri Muslim directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Organization Of North Amerian Shia Ithna Asheri Muslim tax-deductible?

Organization Of North Amerian Shia Ithna Asheri Muslim is registered as a tax-exempt nonprofit (EIN: 201696247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Organization Of North Amerian Shia Ithna Asheri Muslim's spending goes to programs?

Organization Of North Amerian Shia Ithna Asheri Muslim directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Organization Of North Amerian Shia Ithna Asheri Muslim compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Organization Of North Amerian Shia Ithna Asheri Muslim is above average for NTEE category X40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Organization Of North Amerian Shia Ithna Asheri Muslim located?

Organization Of North Amerian Shia Ithna Asheri Muslim is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201696247. It is classified under NTEE code X40.

How many years of IRS 990 filings does Organization Of North Amerian Shia Ithna Asheri Muslim have?

Organization Of North Amerian Shia Ithna Asheri Muslim has 13 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 $641K in total revenue.

Is Organization Of North Amerian Shia Ithna Asheri Muslim a good charity?

Based on the provided financial data, the organization appears to be a good charity. It demonstrates consistent revenue growth, strong asset accumulation, very low liabilities, and notably, zero reported officer compensation, suggesting a high degree of financial efficiency and dedication to its mission.

How has the organization's revenue trended over time?

The organization's revenue has shown a generally positive trend, with significant growth from $250,609 in 2019 to $640,710 in 2023, indicating increasing support and financial capacity.

What is the organization's financial health regarding assets and liabilities?

The organization has strong financial health, with assets growing from $305,351 in 2019 to $879,122 in 2023, while liabilities have remained very low, at just $150 in the latest filing, indicating a robust balance sheet and minimal debt.

Filing History

IRS 990 filing history for Organization Of North Amerian Shia Ithna Asheri Muslim showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Organization Of North Amerian Shia Ithna Asheri Muslim's revenue has declined by 37.4%, moving from $1.0M to $641K. Total assets increased by 79.4% over the same period, from $490K to $879K. Total functional expenses fell by 43%, from $1.0M to $579K. In its most recent filing year (2023), Organization Of North Amerian Shia Ithna Asheri Muslim reported a surplus of $62K, with revenue exceeding expenses. The organization holds $150 in liabilities against $879K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $879K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $641K $579K $879K $150
2022 $446K $234K $818K $1K View 990
2021 $417K $233K $612K $6K View 990
2020 $388K $269K $425K $3K
2019 $251K $331K $305K $3K
2018 $326K $599K $390K $7K View 990
2017 $519K $165K $664K $8K
2016 $269K $340K $467K $165K View 990
2015 $374K $620K $393K $19K View 990
2014 $323K $235K $631K $12K View 990
2013 $519K $286K $1.1M $16K View 990
2012 $2.4M $1.6M $1.1M $278K View 990
2011 $1.0M $1.0M $490K $323K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Organization Of North Amerian Shia Ithna Asheri Muslim:

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

Data Sources and Methodology

This transparency report for Organization Of North Amerian Shia Ithna Asheri Muslim 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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