Civic Intelligence

Orange County Islamic Foundation

990 • Fiscal year 2018 • EIN 33-0696220

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

23581 Madero Ste 101Mission Viejo, CA 92691

(949) 595-0480

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

66th percentile

10%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$3,825,575

No earlier filing loaded for comparison.

Net Assets

$3,814,712

No earlier filing loaded for comparison.

Liabilities

$10,863

No earlier filing loaded for comparison.

Revenue

$1,395,120

No earlier filing loaded for comparison.

Expenses

$1,251,779

No earlier filing loaded for comparison.

Net Income

$143,341

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2018: $3,825,575Liabilities 2018: $10,863Net Assets 2018: $3,814,7122018Assets 2019: $4,113,206Liabilities 2019: $56,909Net Assets 2019: $4,056,2972019Assets 2020: $4,136,197Liabilities 2020: $122,197Net Assets 2020: $4,014,0002020Assets 2021: $4,528,712Liabilities 2021: $13,264Net Assets 2021: $4,515,4482021Assets 2022: $4,695,706Liabilities 2022: $17,077Net Assets 2022: $4,678,6292022Assets 2023: $4,847,531Liabilities 2023: $13,731Net Assets 2023: $4,833,8002023Assets 2024: $5,190,317Liabilities 2024: $26,379Net Assets 2024: $5,163,9382024

Highlighted filing

2018

Assets$3,825,575
Liabilities$10,863
Net Assets$3,814,712

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $1,395,120Expenses 2018: $1,251,779Net Income 2018: $143,3412018Revenue 2019: $1,599,527Expenses 2019: $1,387,403Net Income 2019: $212,1242019Revenue 2020: $1,206,260Expenses 2020: $1,274,190Net Income 2020: -$67,9302020Revenue 2021: $1,876,411Expenses 2021: $1,413,568Net Income 2021: $462,8432021Revenue 2022: $1,565,727Expenses 2022: $1,335,738Net Income 2022: $229,9892022Revenue 2023: $1,625,245Expenses 2023: $1,509,131Net Income 2023: $116,1142023Revenue 2024: $2,323,820Expenses 2024: $2,228,128Net Income 2024: $95,6922024

Highlighted filing

2018

Revenue$1,395,120
Expenses$1,251,779
Net Income$143,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$1,427,168
Mission and Program Overview

Mission

THE ORGANIZATION WAS FORMED To provide the highest quality of religious, educational, and social services to the community in accordance with the teachings of the Holy Quran and traditions of Prophet Muhammad.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,522,189$3,814,712▲ $292,523
Land, Buildings, and Equipment, Net$1,931,234$1,975,746▲ $44,512
Cash and Non-Interest-Bearing Accounts$1,507,931$1,431,241▼ $76,690
Savings and Temporary Cash Investments-$225,112-
Investments in Publicly Traded Securities-$182,157-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,592,648$3,825,575▲ $232,927
Other Assets Total$153,483$11,319▼ $142,164
Liabilities
Other Liabilities$70,459$10,863▼ $59,596
Total Liabilities$70,459$10,863▼ $59,596
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,522,189$3,814,712▲ $292,523
Total Liabilities and Net Assets / Fund Balance$3,592,648$3,825,575▲ $232,927

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,424,351$1,153,375$2,577,726
Land$450,000-$450,000
Other Land Buildings$79,139$216,172$295,311
Equipment$2,769$72,729$75,498
Leasehold Improvements$19,487$513$20,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$192,196-▼ $10,039-$182,157
2017$157,942-▲ $34,254-$192,196
2016$144,455-▲ $13,487-$157,942
2015$148,715-▼ $4,260-$144,455
2014$102,821-▲ $45,894-$148,715
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amer BoukaiChairman
Hala Joroudi HamouiVice Chairman
Farid ElkasmDirector
Javed ChakDirector
Khaled QolaghasiDirector
Maher MoubayedDirector
Mohannad MalasDirector
Mahboob AkhterSecretary
Jihan AssafTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$660,788
Program Service Revenue
$643,390
Investment Income
$11,340
Other Revenue
$79,602
All Other Contributions
$549,303
Change in Net Assets
$143,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$659,094
Other Expenses$426,767
Grants and Similar Amounts Paid$165,918
Total Fundraising Expense$7,695
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$360,314$193,421$5,982$559,717
Grants to Domestic Orgs$145,974--$145,974
Occupancy$60,905$47,869-$108,774
Depreciation Depletion$54,170$10,559-$64,729
All Other Expenses$20,676$35,004-$55,680
Payroll Taxes$37,013$12,720$394$50,127
Other Employee Benefits$36,607$12,264$379$49,250
Insurance$16,397$16,512-$32,909
Fees for Services Accounting$9,600$16,900-$26,500
Grants to Domestic Individuals$19,944--$19,944
Other Expenses$2,577$9,100-$11,677
Office Expenses$1,639$1,750$376$3,765
Advertising-$564$564$1,128
Fees for Services Other-$400-$400
Conferences and Meetings$270--$270
Total Functional Expenses$887,021$357,063$7,695$1,251,779
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Uplift CharityAnaheim, CA501(c)(3)Aid to the Poor and Needy$33,730
Islamic Relief USAAlexandria, VA501(c)(3)Aid to the Poor and Needy$23,794
Access California ServicesAnaheim, CA501(c)(3)Aid to the Poor and Needy$14,500
Hearts of Mercy FoundationIrvine, CA501(c)(3)Aid to the Poor and Needy$14,500
Sabil USATustin, CA501(c)(3)Aid to the Poor and Needy$10,000
Icna Relief CAJamaica, NY501(c)(3)Aid to the Poor and Needy$5,150
Islamic Shura Council So CalOrange, CA501(c)(3)Humanitarian Causes$5,100
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,669
Fundraising Direct Expenses$9,579
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
School$15,184$13,459$137$13,322
Mosque$110,970$1,210$143$1,067
Total Events$126,154$14,669$9,579$5,090
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$7,757
Credit Cards Payable$3,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Farid elkasm and mohannad malas, both of which serve on the board of directors, have family and business relations.

Form 990, Part VI, Line 11B: Form 990 Review Process

Designated members of the board review and approve form 990 before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents, policies and certain financial information are made available upon request.

Filing and Contact Details

Filer

Filer Name
Orange County Islamic Foundation
EIN
33-0696220
Phone
9495950480
Address
23581 MADERO STE 101, MISSION VIEJO, CA 92691

Signing Officer

Name
Jihan Assaf
Title
Treasurer
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amer Boukai
Formed
1995
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
42
Volunteers
50

Preparer

Firm
Ribb Accountancy
Address
PO Box 321, Sisters, OR 97759-0321
Preparer
Kenneth Ribb CPA
Phone
5415491301
Supplemental Narrative

Additional Explanations

Prior Period Adjustments

Prior period adjustments are as follows:adjustment to cost of land, buildings & equipment ...................... $ 35,980.adjustment to accumulated depreciation ................................. -90,663.adjustment to to fair value of investments ............................. 107,953.adjustment to other assets ............................................. 7,835.total prior period adjustments ......................................... $ 170,471.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The endowment fund was created to support the pillars academy school.

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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0379
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