Civic Intelligence

Furqan Institute

990 • Fiscal year 2017 • EIN 46-5708280

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileN A
1200 S Linden RdFlint, MI 48433

(248) 359-2305

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

37th percentile

-4.0%

Faster asset growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-83%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$103,606

Down $4,267 (-4.0%) from 2016

Net Assets

Down

$103,606

Down $4,267 (-4.0%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin22nd percentile

Revenue

Down

$36,373

Down $174,300 (-83%) from 2016

Expenses

Down

$40,640

Down $176,044 (-81%) from 2016

Net Income

Up

-$4,267

Up $1,744 (+29%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$150K$100K$50K$0Assets 2015: $9Liabilities 2015: $0Net Assets 2015: $92015Assets 2016: $107,873Liabilities 2016: $0Net Assets 2016: $107,8732016Assets 2017: $103,606Liabilities 2017: $0Net Assets 2017: $103,6062017Assets 2018: $87,022Liabilities 2018: $0Net Assets 2018: $87,0222018Assets 2019: $103,058Liabilities 2019: $0Net Assets 2019: $103,0582019Assets 2020: $102,898Liabilities 2020: $0Net Assets 2020: $102,8982020Assets 2021: $113,397Liabilities 2021: $0Net Assets 2021: $113,3972021Assets 2022: $111,841Liabilities 2022: $0Net Assets 2022: $111,8412022Assets 2023: $109,952Liabilities 2023: $0Net Assets 2023: $109,9522023Assets 2024: $109,663Liabilities 2024: $0Net Assets 2024: $109,6632024

Highlighted filing

2017

Assets$103,606
Liabilities$0
Net Assets$103,606
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $9Expenses 2015: $0Net Income 2015: $92015Revenue 2016: $210,673Expenses 2016: $216,684Net Income 2016: -$6,0112016Revenue 2017: $36,373Expenses 2017: $40,640Net Income 2017: -$4,2672017Revenue 2018: $26,537Expenses 2018: $43,121Net Income 2018: -$16,5842018Revenue 2019: $109,408Expenses 2019: $93,372Net Income 2019: $16,0362019Revenue 2020: $55,265Expenses 2020: $55,425Net Income 2020: -$1602020Revenue 2021: $65,112Expenses 2021: $54,613Net Income 2021: $10,4992021Revenue 2022: $15,610Expenses 2022: $17,166Net Income 2022: -$1,5562022Revenue 2023: $11,011Expenses 2023: $12,900Net Income 2023: -$1,8892023Revenue 2024: $11Expenses 2024: $300Net Income 2024: -$2892024

Highlighted filing

2017

Revenue$36,373
Expenses$40,640
Net Income-$4,267
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$36,373
Mission and Program Overview

Mission

Furqan institute delivers a high-quality learning experience in the field of recitation and memorization of the holy quran. The mission of furqan institute is to promote and provide relief assistance of education in connection with qur'anic teaching an charity services.

Furqan institute deliver a high quality learning experince in the field of recitation and memorization of the holy qur'an. The mission of furqan instituteis to promote and provide relief, assistance or education, in connection with qur'anic teaching and charity services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,873$103,606▼ $4,267
Total Assets$107,873$103,606▼ $4,267
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$107,873$103,606▼ $4,267
Total Net Assets Fund Balance$107,873$103,606▼ $4,267
Total Liabilities and Net Assets / Fund Balance$107,873$103,606▼ $4,267
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Haitham Al-medaniPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$36,300
Program Service Revenue
$0
Investment Income
$73
Other Revenue
$0
All Other Contributions
$36,300
Change in Net Assets
$-4,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$39,000$150-$39,150
Office Expenses$735$735-$1,470
Fees for Services Other$20--$20
Total Functional Expenses$39,755$885$0$40,640
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Furqan Institute
EIN
46-5708280
Phone
2483592305
Address
1200 S LINDEN RD, FLINT, MI 48433

Signing Officer

Name
Haitham Al-medani
Title
President
Phone
2483592305
Signed
2018-11-15

Organization Details

Principal Officer
Haitham Al-medani
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Mostafa M Afr Phd CPA Pc
Address
26300 TELEGRAPH RD FL 2, SOUTHFIELD, MI 48033
Preparer
A Tamer Afr
Phone
2483592300
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Furqan institute deliver a high quality learning experince in the field of recitation and memorization of the holy qur'an. The mission of furqan institute is to promote and provide relief, assistance or education, in”

Raw XML Appendix218 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.

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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$103,606
Liabilities
$0
Net assets
$103,606
Revenue
$36,373
Expenses
$40,640
Net income
-$4,267
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.11$0.13$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.16$0.17$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.65$0.55$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.55$0.55$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.09$0.93$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.27$0.43$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.36$0.41$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$2.11$2.17$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00