Civic Intelligence

Al-Furqaan Foundation

990 • Fiscal year 2020 • EIN 20-0310701

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization Profilewww.furqaan.org

View Organization Page

444 E Roosevelt Road 173Lombard, IL 60148

(630) 914-5015

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.43x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.25x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$32,495

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

63rd percentile

12%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-3.6%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$9,389,287

Up $983,623 (+12%) from 2019

Net Assets

Up

$5,332,724

Up $702,299 (+15%) from 2019

Liabilities

Up

$4,056,563

Up $281,324 (+7.5%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin77th percentile

Revenue

Down

$3,249,437

Down $121,022 (-3.6%) from 2019

Expenses

Down

$2,547,450

Down $541,744 (-18%) from 2019

Net Income

Up

$701,987

Up $420,722 (+150%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $2,067,376Liabilities 2010: $1,357,690Net Assets 2010: $709,6862010Assets 2011: $2,410,269Liabilities 2011: $1,699,687Net Assets 2011: $710,5822011Assets 2012: $2,463,151Liabilities 2012: $2,009,783Net Assets 2012: $453,3682012Assets 2013: $2,458,319Liabilities 2013: $1,490,779Net Assets 2013: $967,5402013Assets 2014: $2,699,181Liabilities 2014: $1,612,711Net Assets 2014: $1,086,4702014Assets 2015: $3,478,746Liabilities 2015: $1,817,442Net Assets 2015: $1,661,3042015Assets 2016: $6,189,039Liabilities 2016: $2,085,233Net Assets 2016: $4,103,8062016Assets 2017: $7,107,992Liabilities 2017: $3,474,197Net Assets 2017: $3,633,7952017Assets 2018: $7,767,872Liabilities 2018: $3,418,716Net Assets 2018: $4,349,1562018Assets 2019: $8,405,664Liabilities 2019: $3,775,239Net Assets 2019: $4,630,4252019Assets 2020: $9,389,287Liabilities 2020: $4,056,563Net Assets 2020: $5,332,7242020

Highlighted filing

2020

Assets$9,389,287
Liabilities$4,056,563
Net Assets$5,332,724
Open 2020 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,520,4482010Expenses 2011: $2,396,1272011Expenses 2012: $2,385,0972012Revenue 2013: $2,634,074Expenses 2013: $2,119,902Net Income 2013: $514,1722013Revenue 2014: $1,532,813Expenses 2014: $1,410,758Net Income 2014: $122,0552014Revenue 2015: $2,286,057Expenses 2015: $1,711,121Net Income 2015: $574,9362015Revenue 2016: $4,649,999Expenses 2016: $2,207,498Net Income 2016: $2,442,5012016Revenue 2017: $2,767,353Expenses 2017: $3,237,363Net Income 2017: -$470,0102017Revenue 2018: $3,533,036Expenses 2018: $2,817,673Net Income 2018: $715,3632018Revenue 2019: $3,370,459Expenses 2019: $3,089,194Net Income 2019: $281,2652019Revenue 2020: $3,249,437Expenses 2020: $2,547,450Net Income 2020: $701,9872020

Highlighted filing

2020

Revenue$3,249,437
Expenses$2,547,450
Net Income$701,987
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$3,593,653
Mission and Program Overview

Mission

To inform and educate all the residents of the united states the truth about islam and its core principles and to counter the negative media information that is being disseminated about islam and to produce, develop, acquire, and distribute any literature

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,177,710$2,714,252▲ $536,542
Inventories for Sale or Use$2,197,225$1,987,681▼ $209,544
Cash and Non-Interest-Bearing Accounts$1,176,357$1,339,740▲ $163,383
Accounts Receivable$25,604$34,763▲ $9,159
Other Notes and Loans Receivable, Net$27,502$23,720▼ $3,782
Prepaid Expenses and Deferred Charges$0--
Total Assets$8,405,664$9,389,287▲ $983,623
Other Assets Total$2,801,266$3,289,131▲ $487,865
Liabilities
Other Liabilities$2,054,405$2,352,434▲ $298,029
Mortgage Notes Payable Secured by Investment Property$1,282,770$1,245,685▼ $37,085
Accounts Payable and Accrued Expenses$220,210$276,125▲ $55,915
Deferred Revenue$217,854$182,319▼ $35,535
Total Liabilities$3,775,239$4,056,563▲ $281,324
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,630,425$5,332,724▲ $702,299
Total Net Assets Fund Balance$4,630,425$5,332,724▲ $702,299
Total Liabilities and Net Assets / Fund Balance$8,405,664$9,389,287▲ $983,623

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,289,395$340,684$2,630,079
Land$340,000-$340,000
Other Land Buildings$40,017$44,488$84,505
Equipment$12,202$37,949$50,151
Leasehold Improvements$32,638$16,331$48,969
Other Assets Org$6,942--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$11,854$50,000▲ $3,895-$65,749
2019$0$10,000▲ $1,854-$11,854
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mohammed W SayeedPresidentFT$32,495$32,495

Board Members and Trustees

NameTitle
Abdul KhanDirector
Mohammed S SayeedDirector
Syed SalahuddinDirector
Mohammed AbdulghaniSecretary
Hussain KedwaiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,073,542
Program Service Revenue
$928,213
Investment Income
$40,384
Other Revenue
$207,298
All Other Contributions
$2,073,542
Change in Net Assets
$701,987

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,249,437
Total Revenue per Audited Statements
$3,249,437
Total Revenue per Form 990
$3,249,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,344,284
Salaries, Compensation, and Employee Benefits$1,193,966
Total Fundraising Expense$39,040
Grants and Similar Amounts Paid$9,200
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$998,190$67,900$0$1,066,090
All Other Expenses$231,375$39,519$0$270,894
Advertising$212,304$1,133$0$213,437
Occupancy$108,732$26,395$0$135,127
Payroll Taxes$92,018$3,363$0$95,381
Depreciation Depletion$68,226$0$0$68,226
Travel$10,868$1,136$39,040$51,044
Royalties$46,776$0$0$46,776
Office Expenses$21,758$12,558$0$34,316
Current Officers, Directors, Trustees, and Key Employees$32,495$0$0$32,495
Other Expenses$15,827$0$0$15,827
Insurance$9,460$3,878$0$13,338
Fees for Services Other$4,490$8,532$0$13,022
Grants to Domestic Orgs$9,200--$9,200
Total Functional Expenses$2,327,734$180,676$39,040$2,547,450

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,547,450
Total Expenses per Audited Statements$2,547,450
Total Expenses per Form 990$2,547,450
International Activity

International Summary

Offices
1
Employees
5
Spending
$31,171

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram Service in PhillipinesEducate People on Islam15$31,171
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interdivision Loans Payable$2,349,339
Notes Payable$3,095
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Al-furqaan Foundation
EIN
20-0310701
Phone
6309145015
Address
444 E ROOSEVELT ROAD 173, LOMBARD, IL 60148

Signing Officer

Name
Mohammed W Sayeed
Title
President
Phone
6309145015
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mohammed W Sayeed
Formed
2003
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
51
Volunteers
0

Preparer

Firm
Ezzy & Associates LLC
Address
2879 83rd St, Darien, IL 60561
Preparer
Mariam Ezzy
Phone
6305417491
Supplemental Narrative

Additional Explanations

Other

“Form 990, part iii, line 4d - other program services description: we have few other minor projects like, quranic education to muslim adults, we are providing family counselling and counselling based on the quran and prophetic sayings, we also run a mosque in south side of chicago for local muslims. Our project to recycle the sacred text appropriately with help of a local recycling company is also running well and gaining popularity.”

Pt VI, Line 2

“Mohammed w sayeed and mohammed s sayeed are brothers.”

Pt VI, Line 11B

“Upon its preparation, 990 was reviewed thoroughly by the accountant and one of the board of directors ... Then it was sent to the board for final review.”

Pt VI, Line 19

“The financial statements and other related governing documents are available to the public upon request at the corporate office.”

Pt VI, Line 12C

“We monitor any transaction with directors and officers and in situation of conflict, it would be reported to board of directors.”

Pt VI, Line 15A

“For the ceo compensation a subcommittee of the board of directors that are independent of the ceo determines the salary.the board members obtain the information of executives of other similar sized organizations for comparability purposes.it is the goal of the compensation committee to never exceed the average compensation of the 3 comparable organizations executive compensation.”

Pt VI, Line 15B

“For other key employees the same process is uded, but the ceo is the primary decision maker with advice from the compensation committee members.”

Other

“The audit committee of the board of directors provides oversight of the audit process and the selection of the independent accountants and auditors.this process was adopted for 2017 after recommendation of the auditors post the 2016 audit.”

Form 990, Part III, Line 4D

“We have started masjid furqaan during 2020 which is fully functional and open to the public for offering prayers 590491. 0. 518251.”

Form 990, Part IX, Line 24E

“Automobile expense 2011. 502. 1509. 0.”

Form 990, Part IX, Line 24E

“Bank charges 37686. 1767. 35919. 0.”

Form 990, Part IX, Line 24E

“Dues and subscriptions 7226. 6935. 291. 0.”

Form 990, Part IX, Line 24E

“Licenses and permits 7123. 5323. 1800. 0.”

Form 990, Part IX, Line 24E

“Preaching 31171. 31171. 0. 0.”

Form 990, Part IX, Line 24E

“Repairs 14763. 14763. 0. 0.”

Form 990, Part IX, Line 24E

“Shipping 114694. 114694. 0. 0.”

Form 990, Part IX, Line 24E

“Subcontractors 6095. 6095. 0. 0.”

Form 990, Part IX, Line 24E

“Special event 0. 0. 0. 0.”

Form 990, Part IX, Line 24E

“Uncollectible revenues 50125. 50125. 0. 0.”

Raw XML AppendixShowing 400 of 591 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0220210
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0276125
IRS990/AccountsReceivableGrp/BOYAmt025604
IRS990/AccountsReceivableGrp/EOYAmt034763
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO INFORM AND EDUCATE ALL THE RESIDENTS OF THE UNITED STATES THE TRUTH ABOUT ISLAM AND ITS CORE PRINCIPLES AND TO COUNTER THE NEGATIVE MEDIA INFORMATION THAT IS BEING DISSEMINATED ABOUT ISLAM AND TO PRODUCE, DEVELOP, ACQUIRE, AND DISTRIBUTE ANY LITERATURE
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01133
IRS990/AdvertisingGrp/ProgramServicesAmt0212304
IRS990/AdvertisingGrp/TotalAmt0213437
IRS990/AllOtherContributionsAmt02073542
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt039519
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0231375
IRS990/AllOtherExpensesGrp/TotalAmt0270894
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0QAZI JALAL YOUSAF
IRS990/BooksInCareOfDetail/PhoneNum06309145015
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 W BOUGHTON RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOLINGBROOK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060440
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01176357
IRS990/CashNonInterestBearingGrp/EOYAmt01339740
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt032495
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt032495
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0344216
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02073542
IRS990/CYGrantsAndSimilarPaidAmt09200
IRS990/CYInvestmentIncomeAmt040384
IRS990/CYOtherExpensesAmt01344284
IRS990/CYOtherRevenueAmt0207298
IRS990/CYProgramServiceRevenueAmt0928213
IRS990/CYRevenuesLessExpensesAmt0701987
IRS990/CYSalariesCompEmpBnftPaidAmt01193966
IRS990/CYTotalExpensesAmt02547450
IRS990/CYTotalFundraisingExpenseAmt039040
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03249437
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0217854
IRS990/DeferredRevenueGrp/EOYAmt0182319
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt068226
IRS990/DepreciationDepletionGrp/TotalAmt068226
IRS990/Desc0FURQAAN ACADEMY IS AN ISLAMIC FULL TIME SCHOOL FROM PRE-K TO 12TH GRADE WHICH TEACHES A REGULAR ACADEMIC CURRICULUM, QUR'AN MEMORIZATION, ISLAMIC STUDIES AND ARABIC LANGUAGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0791406
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt08532
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04490
IRS990/FeesForServicesOtherGrp/TotalAmt013022
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Mohammed W Sayeed
IRS990/Form990PartVIISectionAGrp/PersonNm1Hussain Kedwaii
IRS990/Form990PartVIISectionAGrp/PersonNm2Mohammed Abdulghani
IRS990/Form990PartVIISectionAGrp/PersonNm3Syed Salahuddin
IRS990/Form990PartVIISectionAGrp/PersonNm4Mohammed S Sayeed
IRS990/Form990PartVIISectionAGrp/PersonNm5Abdul Khan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt032495
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt09200
IRS990/GrantsToDomesticOrgsGrp/TotalAmt09200
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03593653
IRS990/GrossSalesOfInventoryAmt0551514
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03878
IRS990/InsuranceGrp/ProgramServicesAmt09460
IRS990/InsuranceGrp/TotalAmt013338
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02197225
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01987681
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040384
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0439452
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02177710
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02714252
IRS990/LandBldgEquipCostOrOtherBssAmt03153704
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO INFORM AND EDUCATE ALL THE RESIDENTS OF THE UNITED STATES THE TRUTH ABOUT ISLAM AND ITS CORE PRINCIPLES AND TO COUNTER THE NEGATIVE MEDIA INFORMATION THAT IS BEING DISSEMINATED ABOUT ISLAM AND TO PRODUCE, DEVELOP, ACQUIRE, AND DISTRIBUTE ANY LITERATURE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01282770
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01245685
IRS990/NetAssetsOrFundBalancesBOYAmt04630425
IRS990/NetAssetsOrFundBalancesEOYAmt05332724
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0207298
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0207298
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04630425
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05332724
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt026395
IRS990/OccupancyGrp/ProgramServicesAmt0108732
IRS990/OccupancyGrp/TotalAmt0135127
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012558
IRS990/OfficeExpensesGrp/ProgramServicesAmt021758
IRS990/OfficeExpensesGrp/TotalAmt034316
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02801266
IRS990/OtherAssetsTotalGrp/EOYAmt03289131
IRS990/OtherExpensesGrp/Desc0BOOKS DISTRIBUTION
IRS990/OtherExpensesGrp/Desc1DISCOUNTS
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216262
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0245912
IRS990/OtherExpensesGrp/ProgramServicesAmt1220103
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt315827
IRS990/OtherExpensesGrp/TotalAmt0245912
IRS990/OtherExpensesGrp/TotalAmt1220103
IRS990/OtherExpensesGrp/TotalAmt216262
IRS990/OtherExpensesGrp/TotalAmt315827
IRS990/OtherLiabilitiesGrp/BOYAmt02054405
IRS990/OtherLiabilitiesGrp/EOYAmt02352434
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067900
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0998190
IRS990/OtherSalariesAndWagesGrp/TotalAmt01066090
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027502
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt023720
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03363
IRS990/PayrollTaxesGrp/ProgramServicesAmt092018
IRS990/PayrollTaxesGrp/TotalAmt095381
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0MOHAMMED W SAYEED
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1BOOK DISTRIBUTION
IRS990/ProgramServiceRevenueGrp/Desc2DISCOUNTS AND DEALS
IRS990/ProgramServiceRevenueGrp/Desc3RECYCLING
IRS990/ProgramServiceRevenueGrp/Desc4OTHER
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0457903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1275955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4192224
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0FURQAAN PROJECT IS OUR FLAGSHIP PROJECT FOR DISTRIBUTING FREE AND SUBSIDIZED DISTRIBUTUION OF THE BEST TRANSLATION OF THE QUR'AN IN THE ENGLISH LANGUAGE. "THE CLEAR QUR'AN" HAS GAINED AMAZING ACCEPTANCE NATIONWIDE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0771019
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01422181
IRS990/ProgSrvcAccomActy3Grp/Desc0FURQAAN BOOKSTORE IS WHERE WE CARRY A LARGE SELECTION OF BOOKS AND OTHER ELECTRONIC PRODUCTS ON DIFFERENT TOPICS OF ISLAM USEFUL FOR DIFFERENT SEGMENT OF THE SOCIETY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0174818
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt082411
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WE HAVE STARTED MASJID FURQAAN DURING 2020 WHICH IS FULLY FUNCTIONAL AND OPEN TO THE PUBLIC FOR OFFERING PRAYERS FIVE TIMES A DAY. WE HAVE FEW OTHER PROJECTS LIKE, QURAN EDUCATION TO MUSLIM ADULTS, WE ARE PROVIDING FAMILY COUNSELLING AND COUNSELLING BASED ON THE QURAN AND PROPHETIC SAYINGS. WE ALSO RUN A MOSQUE IN THE SOUTH SIDE OF CHICAGO FOR LOCAL MUSLIMS. OUR PROJECT TO RECYCLE THE SACRED TEXT APPROPRIATELY WITH HELP OF A LOCAL RECYCLING COMPANY IS ALSO RUNNING WELL AND GAINING POPULARITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0590491
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0518251
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02181841
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt011425
IRS990/PYInvestmentIncomeAmt080168
IRS990/PYOtherExpensesAmt01884216
IRS990/PYProgramServiceRevenueAmt01108450
IRS990/PYRevenuesLessExpensesAmt0281265
IRS990/PYSalariesCompEmpBnftPaidAmt01193553
IRS990/PYTotalExpensesAmt03089194
IRS990/PYTotalRevenueAmt03370459
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0701987
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0706679
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt046776
IRS990/RoyaltiesGrp/TotalAmt046776
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02073542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02181841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02715725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01998661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03907501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012877270
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt012877270
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02073542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02181841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02715725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01998661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03907501
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012877270
IRS990ScheduleA/TotalSupportAmt012877270
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02289395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0340684
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02630079
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011854
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt065749
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03895
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011854
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01854
IRS990ScheduleD/EquipmentGrp/BookValueAmt012202
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037949
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050151
IRS990ScheduleD/ExpensesSubtotalAmt02547450
IRS990ScheduleD/LandGrp/BookValueAmt0340000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0340000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032638
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016331
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt048969
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02349339
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt140733
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3485835
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt40
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5403482
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt60
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt76942
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTERDIVISION LOANS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DISCOUNT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REVENUE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6ROUNDING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7TRADEMARKS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040017
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044488
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02349339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERDIVISION LOANS PAYABLE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,389,287
Liabilities
$4,056,563
Net assets
$5,332,724
Revenue
$3,249,437
Expenses
$2,547,450
Net income
$701,987
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$9.39$4.06$5.33$3.25$2.55$0.70
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.41$3.78$4.63$3.37$3.09$0.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$3.42$4.35$3.53$2.82$0.72
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$3.47$3.63$2.77$3.24$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.19$2.09$4.10$4.65$2.21$2.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$1.82$1.66$2.29$1.71$0.57
2014Detailed filing. Detailed filing data is available for this year.$2.70$1.61$1.09$1.53$1.41$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.46$1.49$0.97$2.63$2.12$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$2.01$0.45$2.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.70$0.71$2.40
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$1.36$0.71$1.52