Tri State Islamic Center

Tri State Islamic Center maintains substantial assets despite recent years of expenses exceeding revenue.

EIN: 204426126 · Dubuque, IA · NTEE: X99 · Updated: 2026-03-28

$32KRevenue
$783KAssets
75/100Mission Score (Good)
X99
Tri State Islamic Center Financial Summary
MetricValue
Total Revenue$32K
Total Expenses$42K
Program Spending80%
CEO/Top Officer Pay$783,121.
Net Assets$800K
Transparency Score75/100

Is Tri State Islamic Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Tri State Islamic Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tri State Islamic Center

Tri State Islamic Center (EIN: 204426126) is a nonprofit organization based in Dubuque, IA, classified under NTEE code X99. The organization reported total revenue of $32K and total assets of $783K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri State Islamic Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

15Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Tri State Islamic Center is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$17K
Total Expenses$42K
Surplus / Deficit$-24,938
Total Assets$800K
Net Assets$800K
Operating Margin-149.8%
Months of Reserves230.8 months

Financial Health Grade: B

In 2023, Tri State Islamic Center reported a deficit of $25K with expenses exceeding revenue, holds 230.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Tri State Islamic Center's revenue has declined at a compound annual growth rate (CAGR) of -13.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-65.0%-1.1%-3.0%
2022+23.3%-8.1%+0.7%
2021+72.0%+49.8%-0.9%
2020-46.5%-42.3%-1.0%
2019-32.4%-11.8%-1.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2011

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

AI Transparency Report

Tri State Islamic Center demonstrates consistent financial transparency, with 13 filings available and no reported liabilities across all periods, indicating a clean financial slate. The organization's financial health shows some volatility in revenue, with a significant spike in 2016 ($308,958) and 2015 ($146,327) compared to more recent years where revenue has been consistently below expenses, such as in 2023 (Revenue $16,651, Expenses $41,589). This trend of expenses exceeding revenue in recent years suggests a reliance on accumulated assets or prior surpluses to cover operational costs. Despite this, the organization maintains substantial assets, currently at $783,121, which provides a buffer against shortfalls. The spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all periods suggests a volunteer-driven leadership, which can contribute to lower administrative overhead. The organization's assets have grown significantly over time, from $451,403 in 2014 to $783,121 currently, indicating effective asset management or significant capital contributions in earlier periods. The lack of liabilities is a strong positive indicator of financial stability and responsible management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tri State Islamic Center 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Tri State Islamic Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$17KTotal Revenue
$42KTotal Expenses
$800KTotal Assets
$800KNet Assets
  • The organization reported a deficit of $25K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is commendable for a nonprofit of its size with assets of $783,121.

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 Tri State Islamic Center's IRS 990 filings:

  • Consistent revenue shortfalls in recent years (e.g., 2023 revenue $16,651 vs. expenses $41,589), indicating reliance on reserves.
  • Lack of detailed expense breakdown in summary data makes precise spending efficiency difficult to ascertain.

Strengths

The following positive indicators were identified for Tri State Islamic Center:

  • Zero reported liabilities across all 13 filings, indicating strong financial health.
  • Consistent 0% officer compensation, suggesting volunteer leadership and potentially lower administrative costs.
  • Substantial asset base ($783,121) provides financial stability and a buffer against revenue fluctuations.
  • Long history of IRS 990 filings (13 filings) demonstrates consistent transparency.

Frequently Asked Questions about Tri State Islamic Center

Is Tri State Islamic Center a legitimate charity?

Tri State Islamic Center (EIN: 204426126) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $32K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Tri State Islamic Center spend its money?

Tri State Islamic Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Tri State Islamic Center tax-deductible?

Tri State Islamic Center is registered as a tax-exempt nonprofit (EIN: 204426126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Tri State Islamic Center CEO make?

Tri State Islamic Center's highest-compensated officer earns $783,121. annually. The organization reported $32K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Tri State Islamic Center's spending goes to programs?

Tri State Islamic Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tri State Islamic Center compare to similar nonprofits?

With a transparency score of 75/100 (Good), Tri State Islamic Center is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tri State Islamic Center located?

Tri State Islamic Center is headquartered in Dubuque, Iowa and files with the IRS under EIN 204426126. It is classified under NTEE code X99.

How many years of IRS 990 filings does Tri State Islamic Center have?

Tri State Islamic Center 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 $32K in total revenue.

Is Tri State Islamic Center a good charity?

Based on the available data, Tri State Islamic Center exhibits strong financial transparency with no liabilities and volunteer leadership. While recent years show expenses exceeding revenue, the organization maintains substantial assets, suggesting financial stability. A more detailed breakdown of expenses would further clarify its programmatic efficiency.

How does Tri State Islamic Center fund its operations given recent revenue shortfalls?

In recent years (e.g., 2023, 2022, 2021), Tri State Islamic Center's expenses have exceeded its revenue. This suggests the organization is likely drawing upon its accumulated assets, which currently stand at $783,121, or relying on prior surpluses to cover operational costs.

What is the trend in Tri State Islamic Center's assets?

Tri State Islamic Center's assets have shown significant growth over the past decade, increasing from $451,403 in 2014 to $783,121 currently, despite some fluctuations in recent years.

Filing History

IRS 990 filing history for Tri State Islamic Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tri State Islamic Center's revenue has declined by 81.1%, moving from $88K to $17K. Total assets increased by 282.1% over the same period, from $209K to $800K. Total functional expenses rose by 125.3%, from $18K to $42K. In its most recent filing year (2023), Tri State Islamic Center reported a deficit of $25K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $17K $42K $800K $0
2022 $48K $42K $825K $0 View 990
2021 $39K $46K $819K $0
2020 $22K $31K $826K $0 View 990
2019 $42K $53K $834K $0 View 990
2018 $62K $60K $846K $0 View 990
2017 $50K $41K $844K $0
2016 $309K $34K $834K $0 View 990
2015 $146K $38K $559K $0 View 990
2014 $71K $29K $451K $0 View 990
2013 $149K $33K $410K $0 View 990
2012 $118K $35K $293K $0 View 990
2011 $88K $18K $209K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $17K, expenses of $42K, and assets of $800K (revenue -65.0% year-over-year).
  • 2022: Revenue of $48K, expenses of $42K, and assets of $825K (revenue +23.3% year-over-year).
  • 2021: Revenue of $39K, expenses of $46K, and assets of $819K (revenue +72.0% year-over-year).
  • 2020: Revenue of $22K, expenses of $31K, and assets of $826K (revenue -46.5% year-over-year).
  • 2019: Revenue of $42K, expenses of $53K, and assets of $834K (revenue -32.4% year-over-year).
  • 2018: Revenue of $62K, expenses of $60K, and assets of $846K (revenue +25.4% year-over-year).
  • 2017: Revenue of $50K, expenses of $41K, and assets of $844K (revenue -84.0% year-over-year).
  • 2016: Revenue of $309K, expenses of $34K, and assets of $834K (revenue +111.1% year-over-year).
  • 2015: Revenue of $146K, expenses of $38K, and assets of $559K (revenue +105.5% year-over-year).
  • 2014: Revenue of $71K, expenses of $29K, and assets of $451K (revenue -52.4% year-over-year).
  • 2013: Revenue of $149K, expenses of $33K, and assets of $410K (revenue +26.1% year-over-year).
  • 2012: Revenue of $118K, expenses of $35K, and assets of $293K (revenue +34.7% year-over-year).
  • 2011: Revenue of $88K, expenses of $18K, and assets of $209K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tri State Islamic Center:

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 Tri State Islamic Center 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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