Civic Intelligence

Miftaahul Uloom Inc.

990 • Fiscal year 2016 • EIN 22-3298510

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 07, 2016

501 15th STREETUnion City, NJ 07087

(201) 223-9920

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

1.55x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

71st percentile

10%

Higher net margin than 71% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

34th percentile

$8,700

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

58th percentile

6.3%

Faster asset growth than 58% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,217,942

Up $189,313 (+6.3%) from 2015

Net Assets

Up

$268,206

Up $191,936 (+252%) from 2015

Liabilities

Down

$2,949,736

Down $2,623 (-0.1%) from 2015

Revenue

Up

$1,908,895

Up $437,505 (+30%) from 2015

Expenses

Up

$1,716,959

Up $179,565 (+12%) from 2015

Net Income

Up

$191,936

Up $257,940 (+391%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $3,307,875Liabilities 2010: $3,030,685Net Assets 2010: $277,1902010Assets 2011: $3,214,007Liabilities 2011: $2,995,077Net Assets 2011: $218,9302011Assets 2012: $3,183,678Liabilities 2012: $2,978,903Net Assets 2012: $204,7752012Assets 2013: $3,117,719Liabilities 2013: $2,916,082Net Assets 2013: $201,6372013Assets 2014: $3,058,213Liabilities 2014: $2,907,501Net Assets 2014: $150,7122014Assets 2015: $3,028,629Liabilities 2015: $2,952,359Net Assets 2015: $76,2702015Assets 2016: $3,217,942Liabilities 2016: $2,949,736Net Assets 2016: $268,2062016Assets 2017: $3,102,479Liabilities 2017: $2,807,113Net Assets 2017: $295,3662017Assets 2018: $3,006,495Liabilities 2018: $2,810,787Net Assets 2018: $195,7082018Assets 2019: $2,958,608Liabilities 2019: $3,094,995Net Assets 2019: -$136,3872019Assets 2020: $3,005,616Liabilities 2020: $3,295,673Net Assets 2020: -$290,0572020Assets 2021: $2,684,386Liabilities 2021: $3,286,285Net Assets 2021: -$601,8992021Assets 2022: $2,662,014Liabilities 2022: $3,156,491Net Assets 2022: -$494,4772022Assets 2023: $2,638,941Liabilities 2023: $2,970,227Net Assets 2023: -$331,2862023Assets 2024: $3,072,688Liabilities 2024: $3,346,754Net Assets 2024: -$274,0662024Assets 2025: $3,010,553Liabilities 2025: $3,083,536Net Assets 2025: -$72,9832025

Highlighted filing

2016

Assets$3,217,942
Liabilities$2,949,736
Net Assets$268,206

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,267,1012010Revenue 2011: $1,259,815Expenses 2011: $1,318,075Net Income 2011: -$58,2602011Revenue 2012: $731,872Expenses 2012: $781,139Net Income 2012: -$49,2672012Expenses 2013: $1,247,6962013Revenue 2014: $1,319,961Expenses 2014: $1,370,886Net Income 2014: -$50,9252014Revenue 2015: $1,471,390Expenses 2015: $1,537,394Net Income 2015: -$66,0042015Revenue 2016: $1,908,895Expenses 2016: $1,716,959Net Income 2016: $191,9362016Revenue 2017: $1,628,506Expenses 2017: $1,634,672Net Income 2017: -$6,1662017Revenue 2018: $1,653,307Expenses 2018: $1,754,880Net Income 2018: -$101,5732018Revenue 2019: $1,397,986Expenses 2019: $1,730,973Net Income 2019: -$332,9872019Revenue 2020: $1,119,940Expenses 2020: $1,275,410Net Income 2020: -$155,4702020Revenue 2021: $1,367,384Expenses 2021: $1,679,001Net Income 2021: -$311,6172021Revenue 2022: $1,502,338Expenses 2022: $1,394,915Net Income 2022: $107,4232022Revenue 2023: $1,701,719Expenses 2023: $1,538,539Net Income 2023: $163,1802023Revenue 2024: $1,706,251Expenses 2024: $1,649,031Net Income 2024: $57,2202024Revenue 2025: $1,825,178Expenses 2025: $1,778,653Net Income 2025: $46,5252025

Highlighted filing

2016

Revenue$1,908,895
Expenses$1,716,959
Net Income$191,936
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 7, 2016
Return Version
2015v3.0
Gross Receipts
$1,908,895
Mission and Program Overview

Mission

Education from class pre-k to 12 provided to approximately 135 students. Day care and preschool services provided under contract from union city board of education / nj state.

Education from class pre-k to 12 provided to approximately 175 students. Day care and preschool services provided under contract from state of new jersey and union city board of education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,955,476$3,013,144▲ $57,668
Loans From Officers Directors$314,171$304,342▼ $9,829
Accounts Receivable$42,656$58,167▲ $15,511
Pledges and Grants Receivable-$55,071-
Cash and Non-Interest-Bearing Accounts$1,901$41,779▲ $39,878
Prepaid Expenses and Deferred Charges$28,596$34,714▲ $6,118
Other Notes and Loans Receivable, Net-$15,067-
Total Assets$3,028,629$3,217,942▲ $189,313
Liabilities
Unsecured Notes Loans Payable$2,520,278$2,520,278→ $0
Accounts Payable and Accrued Expenses$117,910$102,191▼ $15,719
Mortgage Notes Payable Secured by Investment Property-$22,925-
Total Liabilities$2,952,359$2,949,736▼ $2,623
Net Assets / Fund Balance
Unrestricted Net Assets$76,270$268,206▲ $191,936
Total Net Assets Fund Balance$76,270$268,206▲ $191,936
Total Liabilities and Net Assets / Fund Balance$3,028,629$3,217,942▲ $189,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,942,763$657,237$2,600,000
Land$905,903-$905,903
Equipment$60,428$24,813$85,241
Leasehold Improvements$75,750$670$76,420
Other Land Buildings$28,300$2,400$30,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Faatimah YanesTrustee/secretary/treasurerFT$8,700$8,700

Board Members and Trustees

NameTitle
Dr Mohammed Toor PhdTrustee/president/chairman
Dr Mohammed IdreesTrustee/vice Chairman
Diatou GueyeTrustee
Sarwar KhobaibTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$702,163
Program Service Revenue
$1,201,575
Investment Income
$0
Other Revenue
$5,157
Change in Net Assets
$191,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,002,591
Other Expenses$714,368
Total Fundraising Expense$13,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$784,608$97,562$0$882,170
All Other Expenses$149,808$0$10,332$160,140
Interest$130,417$0$2,680$133,097
Payroll Taxes$97,532$14,189$0$111,721
Depreciation Depletion$93,752$0$0$93,752
Fees for Services Legal$72,888$0$0$72,888
Advertising$47,766$0$908$48,674
Insurance$36,796$0$0$36,796
Fees for Services Accounting$28,795$0$0$28,795
Office Expenses$16,975$0$0$16,975
Current Officers, Directors, Trustees, and Key Employees$8,700$0$0$8,700
Other Expenses$1,299$0$0$1,299
Total Functional Expenses$1,591,288$111,751$13,920$1,716,959
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Raising Events$212,611$212,611$7,165$205,446
School Renovation$153,543$153,543-$153,543
Total Events$412,666$412,666$13,919$398,747
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$314,171$304,342▼ $9,829
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Miftaahul Uloom Inc
EIN
22-3298510
Phone
2012239920
Address
501 15th STREET, UNION CITY, NJ 07087

Signing Officer

Name
Fatimah Yanes
Title
Vice President/trustee
Phone
2012239920
Signed
2016-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fatimah Yanes
Formed
1994
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
48
Volunteers
5

Preparer

Firm
Balachandar Jayaraman CPA LLC
Address
719 INMAN AVE STE 201 POB 117, COLONIA, NJ 07067
Preparer
Balachandar Jayaraman
Phone
7329437605
Supplemental Narrative

Additional Explanations

Pt VI, Line 10B

The trustees keep record of the meetings

Pt VI, Line 8B

The trustees keep record of the meetings

Pt VI, Line 11B

The trustees review and approve the form 990 before filing

Pt VI, Line 12C

The trustees monitor the conflict of interest policy

Pt VI, Line 15A

The trustees review and approve the compensation

Pt VI, Line 15B

The trustees review and approve the compensation

Pt XII, Line 2C

Finance committee of the Board of Trustees is responsible for oversight of the audit process and results

Form 990, Part IX, Line 24E

Fund raising exp 9994. 176. 0. 9818.

Form 990, Part IX, Line 24E

School maintenance 39775. 39775. 0. 0.

Form 990, Part IX, Line 24E

Licenses,permits & fees 1690. 1690. 0. 0.

Form 990, Part IX, Line 24E

Bank charges 3747. 3233. 0. 514.

Form 990, Part IX, Line 24E

Auto insurance 10477. 10477. 0. 0.

Form 990, Part IX, Line 24E

Auto expenses 10751. 10751. 0. 0.

Form 990, Part IX, Line 24E

Security 2710. 2710. 0. 0.

Form 990, Part IX, Line 24E

Repairs 29386. 29386. 0. 0.

Form 990, Part IX, Line 24E

Janitorial 12573. 12573. 0. 0.

Form 990, Part IX, Line 24E

Technology maintenance 39037. 39037. 0. 0.

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

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3School Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4School Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6Operation
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt8Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt9Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt10Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd9X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd10X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt215000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt320000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4126908

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.01$3.08$0.07$1.83$1.78$0.05
2024Detailed filing. Detailed filing data is available for this year.$3.07$3.35$0.27$1.71$1.65$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.64$2.97$0.33$1.70$1.54$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.66$3.16$0.49$1.50$1.39$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.68$3.29$0.60$1.37$1.68$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.01$3.30$0.29$1.12$1.28$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.96$3.09$0.14$1.40$1.73$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.01$2.81$0.20$1.65$1.75$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.10$2.81$0.30$1.63$1.63$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.22$2.95$0.27$1.91$1.72$0.19
2015Detailed filing. Detailed filing data is available for this year.$3.03$2.95$0.08$1.47$1.54$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.06$2.91$0.15$1.32$1.37$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$2.92$0.20$1.25
2012Summary only. Only limited summary data is available for this year.$3.18$2.98$0.20$0.73$0.78$0.05
2011Summary only. Only limited summary data is available for this year.$3.21$3.00$0.22$1.26$1.32$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$3.03$0.28$1.27