Texas Muslim Womens Foundation Inc

Texas Muslim Women's Foundation shows consistent revenue growth and zero officer compensation, with a slight deficit in the latest fiscal year.

EIN: 203060929 · Plano, TX · NTEE: P20 · Updated: 2026-03-28

$3.8MRevenue
$3.8MGross Revenue
$1.8MAssets
90/100Mission Score (Excellent)
P20
Texas Muslim Womens Foundation Inc Financial Summary
MetricValue
Total Revenue$3.8M
Total Expenses$4.9M
Program Spending85%
Net Assets$1.5M
Transparency Score90/100

Is Texas Muslim Womens Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Texas Muslim Womens Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Texas Muslim Womens Foundation Inc

Texas Muslim Womens Foundation Inc (EIN: 203060929) is a nonprofit organization based in Plano, TX, classified under NTEE code P20. The organization reported total revenue of $3.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Muslim Womens Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Texas Muslim Womens Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.7M
Total Expenses$4.9M
Surplus / Deficit$-194,664
Total Assets$1.9M
Total Liabilities$443K
Net Assets$1.5M
Operating Margin-4.2%
Debt-to-Asset Ratio22.8%
Months of Reserves4.8 months

Financial Health Grade: B

In 2023, Texas Muslim Womens Foundation Inc reported a deficit of $195K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 22.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Texas Muslim Womens Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+39.0%+46.9%-12.1%
2022-1.1%+0.4%+12.6%
2021-3.3%+1.0%-9.7%
2020+66.1%+45.3%+39.4%
2019-5.7%+12.6%-0.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

The Texas Muslim Women's Foundation Inc. demonstrates a generally stable financial trajectory, with revenues consistently growing over the past decade, reaching $4,665,216 in the latest filing (202312). While the organization experienced a slight deficit in 202312, with expenses exceeding revenue by $194,664, this appears to be an anomaly in an otherwise positive trend of revenue exceeding expenses in most prior years. The organization's assets have also shown consistent growth, reaching $1,945,639 in 202312, indicating a healthy accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programmatic activities rather than executive salaries, which is a positive indicator of financial efficiency and transparency. The organization's liabilities remain manageable relative to its assets, indicating good financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Texas Muslim Womens Foundation Inc 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

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Texas Muslim Womens Foundation Inc 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:

$4.7MTotal Revenue
$4.9MTotal Expenses
$1.9MTotal Assets
$443KTotal Liabilities
$1.5MNet Assets
  • The organization reported a deficit of $195K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 22.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign, suggesting that leadership is either volunteer-based or compensated through other means, allowing a greater proportion of funds to be directed towards the organization's mission.

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 Texas Muslim Womens Foundation Inc's IRS 990 filings:

  • Expenses exceeded revenue in the latest fiscal year (202312) by $194,664, leading to a temporary deficit.

Strengths

The following positive indicators were identified for Texas Muslim Womens Foundation Inc:

  • Consistent revenue growth over the past decade, from $1.2M in 2014 to $4.6M in 2023.
  • Zero officer compensation reported across all filings, indicating strong financial transparency and mission focus.
  • Steady growth in assets, reaching $1,945,639 in 202312, enhancing long-term stability.
  • Liabilities remain a small fraction of assets, indicating good financial management.

Frequently Asked Questions about Texas Muslim Womens Foundation Inc

Is Texas Muslim Womens Foundation Inc a legitimate charity?

Texas Muslim Womens Foundation Inc (EIN: 203060929) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Texas Muslim Womens Foundation Inc spend its money?

Texas Muslim Womens Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Texas Muslim Womens Foundation Inc tax-deductible?

Texas Muslim Womens Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203060929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

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

Texas Muslim Womens Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Texas Muslim Womens Foundation Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Texas Muslim Womens Foundation Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Texas Muslim Womens Foundation Inc located?

Texas Muslim Womens Foundation Inc is headquartered in Plano, Texas and files with the IRS under EIN 203060929. It is classified under NTEE code P20.

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

Texas Muslim Womens Foundation Inc 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 $3.8M in total revenue.

Is Texas Muslim Women's Foundation Inc. financially stable?

Yes, the organization appears financially stable. Despite a slight deficit in the latest fiscal year (202312), its revenue has consistently grown over the past decade, and its assets have steadily increased, reaching $1,945,639 in 202312.

How efficiently does the organization spend its money?

The organization demonstrates strong spending efficiency, particularly given its consistent reporting of 0% officer compensation. This suggests a high proportion of funds are likely allocated to program services, though specific program spending ratios would provide a more precise measure.

What is the trend in the organization's revenue?

The organization has shown a strong upward trend in revenue, growing from $1,220,752 in 201412 to $4,665,216 in 202312, indicating increasing support and capacity.

Are there any concerns regarding executive compensation?

No, there are no concerns regarding executive compensation. The organization consistently reports 0% officer compensation, which is a highly favorable indicator of financial transparency and dedication to its mission.

Filing History

IRS 990 filing history for Texas Muslim Womens Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Texas Muslim Womens Foundation Inc's revenue has grown by 1155.8%, moving from $371K to $4.7M. Total assets increased by 428.5% over the same period, from $368K to $1.9M. Total functional expenses rose by 1354.7%, from $334K to $4.9M. In its most recent filing year (2023), Texas Muslim Womens Foundation Inc reported a deficit of $195K, with expenses exceeding revenue. The organization holds $443K in liabilities against $1.9M in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.7M $4.9M $1.9M $443K
2022 $3.4M $3.3M $2.2M $522K
2021 $3.4M $3.3M $2.0M $311K View 990
2020 $3.5M $3.3M $2.2M $633K
2019 $2.1M $2.2M $1.6M $271K View 990
2018 $2.2M $2.0M $1.6M $156K View 990
2017 $1.9M $1.6M $1.2M $75K View 990
2016 $1.7M $1.5M $909K $78K View 990
2015 $1.5M $1.3M $760K $65K View 990
2014 $1.2M $1.2M $616K $62K View 990
2013 $819K $868K $603K $37K View 990
2012 $711K $484K $624K $10K View 990
2011 $371K $334K $368K $9K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.7M, expenses of $4.9M, and assets of $1.9M (revenue +39.0% year-over-year).
  • 2022: Revenue of $3.4M, expenses of $3.3M, and assets of $2.2M (revenue -1.1% year-over-year).
  • 2021: Revenue of $3.4M, expenses of $3.3M, and assets of $2.0M (revenue -3.3% year-over-year).
  • 2020: Revenue of $3.5M, expenses of $3.3M, and assets of $2.2M (revenue +66.1% year-over-year).
  • 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $1.6M (revenue -5.7% year-over-year).
  • 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $1.6M (revenue +15.3% year-over-year).
  • 2017: Revenue of $1.9M, expenses of $1.6M, and assets of $1.2M (revenue +16.8% year-over-year).
  • 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $909K (revenue +12.5% year-over-year).
  • 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $760K (revenue +21.2% year-over-year).
  • 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $616K (revenue +49.0% year-over-year).
  • 2013: Revenue of $819K, expenses of $868K, and assets of $603K (revenue +15.2% year-over-year).
  • 2012: Revenue of $711K, expenses of $484K, and assets of $624K (revenue +91.3% year-over-year).
  • 2011: Revenue of $371K, expenses of $334K, and assets of $368K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Texas Muslim Womens 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

Data Sources and Methodology

This transparency report for Texas Muslim Womens 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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