Civic Intelligence

Islamic Networks Inc.

990 • Fiscal year 2017 • EIN 77-0412815

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

3031 Tisch Way No 950San Jose, CA 95128

(408) 296-7312

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.19x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

49th percentile

3.2%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$48,952

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

23rd percentile

-4.9%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

82%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$104,756

Down $5,419 (-4.9%) from 2016

Net Assets

Up

-$631

Up $17,639 (+97%) from 2016

Liabilities

Down

$105,387

Down $23,058 (-18%) from 2016

Revenue

Up

$541,912

Up $243,722 (+82%) from 2016

Expenses

Down

$524,511

Down $2,069 (-0.4%) from 2016

Net Income

Up

$17,401

Up $245,791 (+108%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $155,284Liabilities 2011: $191,899Net Assets 2011: -$36,6152011Assets 2012: $144,278Liabilities 2012: $53,972Net Assets 2012: $90,3062012Assets 2013: $190,648Liabilities 2013: $36,184Net Assets 2013: $154,4642013Assets 2014: $469,782Liabilities 2014: $43,407Net Assets 2014: $426,3752014Assets 2015: $327,594Liabilities 2015: $32,174Net Assets 2015: $295,4202015Assets 2016: $110,175Liabilities 2016: $128,445Net Assets 2016: -$18,2702016Assets 2017: $104,756Liabilities 2017: $105,387Net Assets 2017: -$6312017Assets 2018: $163,382Liabilities 2018: $148,561Net Assets 2018: $14,8212018Assets 2019: $486,652Liabilities 2019: $112,304Net Assets 2019: $374,3482019Assets 2020: $347,384Liabilities 2020: $11Net Assets 2020: $347,3732020Assets 2021: $234,185Liabilities 2021: $2,805Net Assets 2021: $231,3802021Assets 2022: $273,958Liabilities 2022: $13,550Net Assets 2022: $260,4082022Assets 2023: $271,576Liabilities 2023: $4,020Net Assets 2023: $267,5562023Assets 2024: $388,164Liabilities 2024: $8,253Net Assets 2024: $379,9112024

Highlighted filing

2017

Assets$104,756
Liabilities$105,387
Net Assets-$631

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $512,3392011Expenses 2012: $586,6492012Revenue 2013: $547,057Expenses 2013: $482,899Net Income 2013: $64,1582013Revenue 2014: $686,435Expenses 2014: $414,532Net Income 2014: $271,9032014Revenue 2015: $391,077Expenses 2015: $522,032Net Income 2015: -$130,9552015Revenue 2016: $298,190Expenses 2016: $526,580Net Income 2016: -$228,3902016Revenue 2017: $541,912Expenses 2017: $524,511Net Income 2017: $17,4012017Revenue 2018: $532,230Expenses 2018: $516,778Net Income 2018: $15,4522018Revenue 2019: $780,441Expenses 2019: $420,914Net Income 2019: $359,5272019Revenue 2020: $502,293Expenses 2020: $529,969Net Income 2020: -$27,6762020Revenue 2021: $554,551Expenses 2021: $670,544Net Income 2021: -$115,9932021Revenue 2022: $561,333Expenses 2022: $592,005Net Income 2022: -$30,6722022Revenue 2023: $622,869Expenses 2023: $613,921Net Income 2023: $8,9482023Revenue 2024: $688,262Expenses 2024: $576,188Net Income 2024: $112,0742024

Highlighted filing

2017

Revenue$541,912
Expenses$524,511
Net Income$17,401
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$543,271
Mission and Program Overview

Mission

To promote interreligious understanding, tolerance and harmony by increasing religious literacy.

Pursuing peace and countering all forms of bigotry through education and interfaith engagement while working within the framework of the first amendment's protection of religious freedom and pluralism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$69,488$85,489▲ $16,001
Prepaid Expenses and Deferred Charges$32,759$14,753▼ $18,006
Savings and Temporary Cash Investments$1,389$2,265▲ $876
Land, Buildings, and Equipment, Net$2,900$1,917▼ $983
Cash and Non-Interest-Bearing Accounts$3,639$332▼ $3,307
Total Assets$110,175$104,756▼ $5,419
Liabilities
Unsecured Notes Loans Payable$105,000$81,900▼ $23,100
Accounts Payable and Accrued Expenses$23,445$23,487▲ $42
Total Liabilities$128,445$105,387▼ $23,058
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$1,800-
Unrestricted Net Assets$-18,270$-2,431▲ $15,839
Total Net Assets Fund Balance$-18,270$-631▲ $17,639
Total Liabilities and Net Assets / Fund Balance$110,175$104,756▼ $5,419

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,917$66,237$68,154

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$0----
2016$295,420---$295,420
2015$407,625--$112,205$295,420
2014$115,250$292,375--$407,625
2013-$115,250--$115,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Maha ElgenaidiBoard MemberFT$48,952$48,952

Board Members and Trustees

NameTitle
Manal FakhouryChairperson of the Board O
Randy PondChairperson of the Board O
Shakila AhmedBoard Member
Tabassum HaleemBoard Member
Zehra WamizBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$542,011
Program Service Revenue
$0
Investment Income
$-99
Other Revenue
$0
All Other Contributions
$542,011
Change in Net Assets
$17,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,985
Salaries, Compensation, and Employee Benefits$233,526
Total Fundraising Expense$25,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,333$10,685$10,685$213,703
Occupancy$111,162$6,176$6,176$123,514
Fees for Services Other$71,737$3,699$3,699$79,135
Office Expenses$30,095$1,556$1,556$33,207
Payroll Taxes$17,841$991$991$19,823
Travel$10,673$36$36$10,745
Insurance$8,148$453$453$9,054
Depreciation Depletion$896$44$43$983
Other Expenses$500$0$0$500
Total Functional Expenses$473,848$25,332$25,331$524,511
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
Annual disclosure for covered persons
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Irs form 990 is reviewed by the board of directors before filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to review conflict of interest policy each year. Potential for conflicts is reviewed and discussed during regular board meetings.

Form 990, Part VI, Section B, Line 15

Compensation for the position of executive director is determined by the president and personnel committee. Compensation is set within an approved salary range. The president and the personnel committee recommend, the executive committee reviews, and the board of directors approves the salary range. Salary ranges are set by considering the market value of the position, current market conditions and payment for the skill set required.

Form 990, Part VI, Section C, Line 19

Governing documents are available at 3031 tisch way, san jose

Filing and Contact Details

Filer

Filer Name
Islamic Networks Inc
EIN
77-0412815
Phone
4082967312
Address
3031 TISCH WAY NO 950, SAN JOSE, CA 95128

Signing Officer

Name
Maha Elgenaidi
Title
Chief Executive Officer
Phone
4082967312
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maha Elgenaidi
Formed
1993
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
10
Volunteers
0

Preparer

Firm
Boitano & Sargent
Address
1760 THE ALAMEDA 200, SAN JOSE, CA 95126
Preparer
Steven Boitano
Phone
4083339334
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Others: program service expenses 11,072. Management and general expenses 328. Fundraising expenses 328. Total expenses 11,728. Outside contract services: program service expenses 57,177. Management and general expenses 3,177. Fundraising expenses 3,177. Total expenses 63,531. Professional services: program service expenses 3,488. Management and general expenses 194. Fundraising expenses 194. Total expenses 3,876.

FORM 990, PART XII, LINE 2C:

The board of directors is responsible for selecting auditors and approving the audit.

Raw XML Appendix390 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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0295420
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0407625
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0295420
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0112205
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0115250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0292375
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0407625
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0115250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0115250
IRS990ScheduleD/EquipmentGrp/BookValueAmt01917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066237
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068154
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01917
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRS FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO REVIEW CONFLICT OF INTEREST POLICY EACH YEAR. POTENTIAL FOR CONFLICTS IS REVIEWED AND DISCUSSED DURING REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR THE POSITION OF EXECUTIVE DIRECTOR IS DETERMINED BY THE PRESIDENT AND PERSONNEL COMMITTEE. COMPENSATION IS SET WITHIN AN APPROVED SALARY RANGE. THE PRESIDENT AND THE PERSONNEL COMMITTEE RECOMMEND, THE EXECUTIVE COMMITTEE REVIEWS, AND THE BOARD OF DIRECTORS APPROVES THE SALARY RANGE. SALARY RANGES ARE SET BY CONSIDERING THE MARKET VALUE OF THE POSITION, CURRENT MARKET CONDITIONS AND PAYMENT FOR THE SKILL SET REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE AT 3031 TISCH WAY, SAN JOSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHERS: PROGRAM SERVICE EXPENSES 11,072. MANAGEMENT AND GENERAL EXPENSES 328. FUNDRAISING EXPENSES 328. TOTAL EXPENSES 11,728. OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 57,177. MANAGEMENT AND GENERAL EXPENSES 3,177. FUNDRAISING EXPENSES 3,177. TOTAL EXPENSES 63,531. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 3,488. MANAGEMENT AND GENERAL EXPENSES 194. FUNDRAISING EXPENSES 194. TOTAL EXPENSES 3,876.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS IS RESPONSIBLE FOR SELECTING AUDITORS AND APPROVING THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01800
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0110175
IRS990/TotalAssetsEOYAmt0104756
IRS990/TotalAssetsGrp/BOYAmt0110175
IRS990/TotalAssetsGrp/EOYAmt0104756
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0542011
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025331
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025332
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0473848
IRS990/TotalFunctionalExpensesGrp/TotalAmt0524511
IRS990/TotalGrossUBIAmt019
IRS990/TotalLiabilitiesBOYAmt0128445
IRS990/TotalLiabilitiesEOYAmt0105387
IRS990/TotalLiabilitiesGrp/BOYAmt0128445
IRS990/TotalLiabilitiesGrp/EOYAmt0105387
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-18270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-631
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0473848
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-118
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0541912
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt019
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110175
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0104756
IRS990/TotReportableCompRltdOrgAmt048952
IRS990/TravelGrp/FundraisingAmt036
IRS990/TravelGrp/ManagementAndGeneralAmt036
IRS990/TravelGrp/ProgramServicesAmt010673
IRS990/TravelGrp/TotalAmt010745
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-18270
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2431
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0105000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt081900
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03031 TISCH WAY 950
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095128
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.ING.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAHA ELGENAIDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04082967312
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISLAMIC NETWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0ISLA
ReturnHeader/Filer/EIN0770412815
ReturnHeader/Filer/PhoneNum04082967312
ReturnHeader/Filer/USAddress/AddressLine1Txt03031 TISCH WAY NO 950
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095128
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05F18A3A2172910BADCC585D425BF37B0CB86146B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FB74A7490F279C673633DFA1423931AA444A9986
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.76.62.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm009:31:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823377597
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOITANO & SARGENT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01760 THE ALAMEDA 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095126
ReturnHeader/PreparerPersonGrp/PhoneNum04083339334
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN BOITANO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T12:38:28-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.08$3.80$6.88$5.76$1.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.04$2.68$6.23$6.14$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.14$2.60$5.61$5.92$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.03$2.31$5.55$6.71$1.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.00$3.47$5.02$5.30$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$1.12$3.74$7.80$4.21$3.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.49$0.15$5.32$5.17$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.01$5.42$5.25$0.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.28$0.18$2.98$5.27$2.28
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.32$2.95$3.91$5.22$1.31
2014Detailed filing. Detailed filing data is available for this year.$4.70$0.43$4.26$6.86$4.15$2.72
2013Detailed filing. Detailed filing data is available for this year.$1.91$0.36$1.54$5.47$4.83$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.54$0.90$5.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$1.92$0.37$5.12