Civic Intelligence

The Islamic Society of West Valley

990 • Fiscal year 2016 • EIN 46-2961609

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 23, 2017

7060 Owensmouth AveCanoga Park, CA 91303

(818) 514-4798

Siviq Scores

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

Liabilities / Assets

86th percentile

0.74x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

3.04x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

60th percentile

4.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-4.7%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,133,584

Up $45,011 (+4.1%) from 2015

Net Assets

Up

$299,359

Up $45,786 (+18%) from 2015

Liabilities

Down

$834,225

Down $775 (-0.1%) from 2015

Revenue

Down

$274,284

Down $13,531 (-4.7%) from 2015

Expenses

Up

$229,462

Up $19,481 (+9.3%) from 2015

Net Income

Down

$44,822

Down $33,012 (-42%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $42,837Net Assets 2013: $42,8372013Assets 2014: $1,094,740Liabilities 2014: $919,000Net Assets 2014: $175,7402014Assets 2015: $1,088,573Liabilities 2015: $835,000Net Assets 2015: $253,5732015Assets 2016: $1,133,584Liabilities 2016: $834,225Net Assets 2016: $299,3592016Assets 2018: $1,098,059Liabilities 2018: $765,788Net Assets 2018: $332,2712018Assets 2019: $1,086,766Liabilities 2019: $728,353Net Assets 2019: $358,4132019Assets 2020: $1,122,273Liabilities 2020: $709,040Net Assets 2020: $413,2332020Assets 2021: $1,123,026Liabilities 2021: $668,786Net Assets 2021: $454,2402021Assets 2022: $1,064,726Liabilities 2022: $626,915Net Assets 2022: $437,8112022

Highlighted filing

2016

Assets$1,133,584
Liabilities$834,225
Net Assets$299,359

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $79,717Expenses 2013: $36,880Net Income 2013: $42,8372013Revenue 2014: $273,150Expenses 2014: $140,247Net Income 2014: $132,9032014Revenue 2015: $287,815Expenses 2015: $209,981Net Income 2015: $77,8342015Revenue 2016: $274,284Expenses 2016: $229,462Net Income 2016: $44,8222016Revenue 2018: $365,846Expenses 2018: $364,959Net Income 2018: $8872018Revenue 2019: $384,901Expenses 2019: $358,759Net Income 2019: $26,1422019Revenue 2020: $272,194Expenses 2020: $170,656Net Income 2020: $101,5382020Revenue 2021: $304,329Expenses 2021: $252,582Net Income 2021: $51,7472021Revenue 2022: $346,093Expenses 2022: $373,067Net Income 2022: -$26,9742022

Highlighted filing

2016

Revenue$274,284
Expenses$229,462
Net Income$44,822
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 23, 2017
Return Version
2016v3.0
Gross Receipts
$300,204
Mission and Program Overview

Mission

To provide a safe space for the Muslim community of the San Fernando Valley that aims to help develop the spirituality, identity, morality and intellectuality of its members through various comprehensive programs and events.

ISWV'S objective is to instill closeness to God in our community through providing an open and welcoming masjid that fosters spiritual development, promotes a comprehensive Islamic identity, strengthens communal bonds, represents Muslims with respect and dignity, and impacts the positive growth of our society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,083,916$1,083,916→ $0
Cash and Non-Interest-Bearing Accounts$4,657$49,668▲ $45,011
Total Assets$1,088,573$1,133,584▲ $45,011
Liabilities
Mortgage Notes Payable Secured by Investment Property$750,000$750,000→ $0
Unsecured Notes Loans Payable$85,000$69,000▼ $16,000
Accounts Payable and Accrued Expenses-$15,225-
Total Liabilities$835,000$834,225▼ $775
Net Assets / Fund Balance
Unrestricted Net Assets$253,573$288,050▲ $34,477
Temporarily Rstr Net Assets-$11,309-
Total Net Assets Fund Balance$253,573$299,359▲ $45,786
Total Liabilities and Net Assets / Fund Balance$1,088,573$1,133,584▲ $45,011

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$950,000-$950,000
Leasehold Improvements$133,916-$133,916
Compensation and Service Providers

Board Members and Trustees

NameTitle
Yusuf KhanBoard Member and Chairman
Aadil ManiarBoard Member
Jauwaad MusbaBoard Member
Shamiq HussainBoard Member
Fiaz SyedBoard Member and Executive Director
Wakas SalimBoard Member and Secretary
Nauman KhanBoard Member and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$135,271
Program Service Revenue
$154,173
Investment Income
$0
Other Revenue
$-15,160
All Other Contributions
$90,532
Change in Net Assets
$44,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,655
Salaries, Compensation, and Employee Benefits$62,140
Grants and Similar Amounts Paid$18,667
Total Fundraising Expense$923
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,140$0$0$62,140
Other Expenses$16,125$5,297$0$21,422
Grants to Domestic Individuals$13,050--$13,050
Occupancy$0$11,358$0$11,358
All Other Expenses$450$8,800$0$9,250
Office Expenses$4,797$1,272$923$6,992
Grants to Domestic Orgs$5,617--$5,617
Information Technology$0$4,160$0$4,160
Insurance$0$3,503$0$3,503
Travel$1,008$0$0$1,008
Advertising$0$500$0$500
Total Functional Expenses$138,708$89,831$923$229,462
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Islamic Relief USAAlexandria, VA-Feed the poor$5,217
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,920
Fundraising Gross Income$10,760
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser$55,499$10,760$4,560$6,200
Total Events$55,499$10,760$25,920$-15,160
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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
Filing and Contact Details

Filer

Filer Name
Iswv
EIN
46-2961609
Phone
8185144798
Address
7060 Owensmouth Ave, Canoga Park, CA 91303

Signing Officer

Name
Nauman Khan
Title
Treasurer
Phone
8185144798
Signed
2017-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yusuf Khan
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
30

Preparer

Firm
Francisco Khan CPA
Address
12432 Baja Panorama, North Tustin, CA 92705
Preparer
Jewelle Khan
Phone
7148686999
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organization's officers and accountant provide the information necessary to the tax preparer to prepare the Form 990. Once completed, the Form 990 is reviewed by the officers and any necessary changes are made to the Form 990 prior to finalizing the return. The final return is sent to the governing body for review via email before it is e-filed.

Pt VI, Line 19

The organization makes its governing documents and its financial statements available to the public upon request. The organization currently does not have a conflict of interest policy.

Other

The islamic society of west valley (iswv) is a 501 (c) (3) organization exempt under the public charity status of 170 (b) (1) (a) (i). Therefore, iswv is not required to file a form 990 but chooses to file a return for organizationalpurposes.

Form 990EZ, Part I, Line 16

Supplies

Form 990EZ, Part I, Line 16

Event catering

Form 990EZ, Part I, Line 16

Bank and merchant charges

Form 990EZ, Part I, Line 16

Insurance

Form 990EZ, Part I, Line 16

Business registration

Form 990EZ, Part I, Line 16

Miscellaneous

Form 990EZ, Part II, Line 24

Accounts Receivable

Form 990, Part III, Line 4D

Commemorating significant religious holidays and practices 7430. 0. 5730.

Form 990, Part III, Line 4D

Holding various lectures, discussion circles and socials to foster 6266. 0. 9161.

Form 990, Part IX, Line 24E

Bank and merchant fees 3830. 0. 3830. 0.

Form 990, Part IX, Line 24E

Miscellaneous 5420. 450. 4970. 0.

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IRS990/ProgSrvcAccomActy3Grp/Desc0ISWV SUNDAY SCHOOL PROGRAM FOR CHILDREN AGES 4-13 WILL FOCUS ON ISLAMIC STUDIES AND QURAN RECITATION AND MEMORIZATION. THIS PROGRAM WILL GIVE CHILDREN THE OPPORTUNITY TO BEGIN DEVELOPING THEMSELVES AND THEIR MUSLIM IDENTITY THROUGH BASIC KNOWLEDGE WHILE CREATING A STRONG BOND WITH THE MASJID AND COMMUNITY.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt0550
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt029063
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMEMORATING SIGNIFICANT RELIGIOUS HOLIDAYS AND PRACTICES THROUGH VARIOUS FAMILY EVENTS, PROGRAMS AND THROUGH VARIOUS FAMILY EVENTS, PROGRAMS AND
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Holding various lectures, discussion circles and socials to foster the sense of community and development of spirituality and the sense of community and development of spirituality and
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt07430
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt16266
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05730
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt19161
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0166566
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03974
IRS990/PYOtherExpensesAmt0138230
IRS990/PYOtherRevenueAmt02753
IRS990/PYProgramServiceRevenueAmt0118496
IRS990/PYRevenuesLessExpensesAmt077834
IRS990/PYSalariesCompEmpBnftPaidAmt067777
IRS990/PYTotalExpensesAmt0209981
IRS990/PYTotalRevenueAmt0287815
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt044822
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt063040
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/BookValueAmt0950000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0950000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0133916
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0133916
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01083916
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt044739
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt044739
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025920
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07268
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07268
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03988
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03988
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055499
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055499
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010760
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-15160
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04560
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04560
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010104
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010104
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05217
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Feed the poor
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Islamic Relief USA
IRS990ScheduleI/RecipientTable/RecipientEIN0954453134
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 22250
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Alexandria
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022304
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's officers and accountant provide the information necessary to the tax preparer to prepare the Form 990. Once completed, the Form 990 is reviewed by the officers and any necessary changes are made to the Form 990 prior to finalizing the return. The final return is sent to the governing body for review via email before it is e-filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization makes its governing documents and its financial statements available to the public upon request. The organization currently does not have a conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ISLAMIC SOCIETY OF WEST VALLEY (ISWV) IS A 501 (C) (3) ORGANIZATION EXEMPT UNDER THE PUBLIC CHARITY STATUS OF 170 (B) (1) (A) (I). THEREFORE, ISWV IS NOT REQUIRED TO FILE A FORM 990 BUT CHOOSES TO FILE A RETURN FOR ORGANIZATIONALPURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Event catering
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank and merchant charges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Business registration
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Commemorating significant religious holidays and practices 7430. 0. 5730.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Holding various lectures, discussion circles and socials to foster 6266. 0. 9161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK AND MERCHANT FEES 3830. 0. 3830. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MISCELLANEOUS 5420. 450. 4970. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011309
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01088573
IRS990/TotalAssetsEOYAmt01133584
IRS990/TotalAssetsGrp/BOYAmt01088573
IRS990/TotalAssetsGrp/EOYAmt01133584
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0135271
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0923
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089831
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0138708
IRS990/TotalFunctionalExpensesGrp/TotalAmt0229462
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0835000
IRS990/TotalLiabilitiesEOYAmt0834225
IRS990/TotalLiabilitiesGrp/BOYAmt0835000
IRS990/TotalLiabilitiesGrp/EOYAmt0834225
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0253573
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0299359
IRS990/TotalOtherProgSrvcExpenseAmt013696
IRS990/TotalOtherProgSrvcRevenueAmt014891
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015152
IRS990/TotalProgramServiceExpensesAmt0138708
IRS990/TotalProgramServiceRevenueAmt0154173
IRS990/TotalRevenueGrp/ExclusionAmt0-15160
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0154173
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0274284
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01088573
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01133584
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01008

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