Civic Intelligence

Mufid Academic Seminary

EIN 84-2025131 • 501(c)3 • Fairfax, VA

Profile

To educate morally committed professionals who are rooted in the islamic scholarly tradition of the east and the west and conscious of the diversity of their modern societies to become professors and spiritual leaders.

4000 Legato Road Suite 1100Fairfax, VA 22033

www.mufidseminary.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.00x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$69,798

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

371%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

90%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$51,087

Up $40,248 (+371%) from 2023

Liabilities

Down

$899

Down $3,959 (-81%) from 2023

Net Assets

Up

$50,188

Up $44,207 (+739%) from 2023

Revenue

Up

$364,008

Up $172,224 (+90%) from 2023

Expenses

Up

$319,801

Up $28,294 (+9.7%) from 2023

Net Income

Up

$44,207

Up $143,930 (+144%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $6,060Liabilities 2020: $02020Assets 2021: $1Liabilities 2021: $2,1392021Assets 2022: $105,704Liabilities 2022: $0Net Assets 2022: $105,7042022Assets 2023: $10,839Liabilities 2023: $4,858Net Assets 2023: $5,9812023Assets 2024: $51,087Liabilities 2024: $899Net Assets 2024: $50,1882024

Highlighted filing

2024

Assets$51,087
Liabilities$899
Net Assets$50,188

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2020: $118,518Expenses 2020: $112,458Net Income 2020: $6,0602020Revenue 2021: $190,357Expenses 2021: $198,556Net Income 2021: -$8,1992021Revenue 2022: $389,071Expenses 2022: $281,228Net Income 2022: $107,8432022Revenue 2023: $191,784Expenses 2023: $291,507Net Income 2023: -$99,7232023Revenue 2024: $364,008Expenses 2024: $319,801Net Income 2024: $44,2072024

Highlighted filing

2024

Revenue$364,008
Expenses$319,801
Net Income$44,207

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$364,008
Mission and Program Overview

Mission

To educate morally committed professionals who are rooted in the islamic scholarly tradition of the east and the west and conscious of the diversity of their modern societies to become professors and spiritual leaders.

Contribute scholars to western academia and spritual leaders to serve u.s. Muslim communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,839$51,087▲ $40,248
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$10,839$51,087▲ $40,248
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$4,858$899▼ $3,959
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,858$899▼ $3,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,981$50,188▲ $44,207
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,981$50,188▲ $44,207
Total Liabilities and Net Assets / Fund Balance$10,839$51,087▲ $40,248
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rasoul Naghavi NiaPresidentPT$64,999$4,799$69,798

Board Members and Trustees

NameTitle
Soloman HassanVice President
Mohammad B NaghaviBoard Member
Syed Mohammad RizviBoard Member
Cyrus Ali ZargarSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$326,597
Program Service Revenue
$12,642
Investment Income
$0
Other Revenue
$24,769
All Other Contributions
$308,357
Change in Net Assets
$44,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$183,460
Other Expenses$68,981
Grants and Similar Amounts Paid$67,360
Total Fundraising Expense$10,833
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,773$15,145$5,048$100,966
Current Officers, Directors, Trustees, and Key Employees$55,838$10,470$3,490$69,798
Grants to Domestic Orgs$48,700--$48,700
Fees for Services Other$32,874$1,451$484$34,809
Grants to Domestic Individuals$18,660--$18,660
Other Expenses$11,601$2,175$725$14,501
Payroll Taxes$10,157$1,904$635$12,696
Fees for Services Accounting-$10,646-$10,646
Office Expenses$7,218$1,356$451$9,025
Total Functional Expenses$265,821$43,147$10,833$319,801
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Imam Mahdi Association of MarjaeyaDearborn, MI-General Purpose Donation.$22,400
Al-bayan FoundationSpringfield, VA-General Purpose Donation.$16,300
Alim AcademyPotomac, MD-General Purpose Donation.$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,769
Fundraising Direct Expenses$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Event$43,009$24,769-$24,769
Total Events$43,009$24,769-$24,769
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$899
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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 11A:

The return is being presented to the board of trustees and the board reviews the return before being submitted.

FORM 990, PART VI, LINE 15:

All the compensations are determined based on reviewing comparability data, academic degree, and level of experience.

Filing and Contact Details

Filer

Filer Name
Mufid Academic Seminary
EIN
84-2025131
In Care Of
% RASOUL NAGHAVI NIA
Phone
7032599885
Address
4000 Legato Road Suite 1100, Fairfax, VA 22033

Signing Officer

Name
Rasoul Naghavi Nia
Title
president
Phone
7032599885
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rasoul Naghavi Nia
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
0

Preparer

Firm
Bull Shams-Azar Larkin & Cohen PA
Address
10411 Motor City Drive Suite 360, Bethesda, MD 20817
Preparer
Bahram B Shams-Azar
Phone
3016106363
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:adjunct teachers total fees:25133

Form 990 Part IX Line 11G

Description:administrative services total fees:9676

Raw XML AppendixShowing 400 of 450 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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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012642
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0351366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0171353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0355001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0190357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01186595
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt067143
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01186595
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0351366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0171353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0355001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0190357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118518
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01186595
IRS990ScheduleA/TotalSupportAmt01186595
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalLiabilityAmt0899
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018240
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018240
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER EVENT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024769
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024769
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt018660
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RESIDENT STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/RecipientTable/CashGrantAmt016300
IRS990ScheduleI/RecipientTable/CashGrantAmt122400
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL PURPOSE DONATION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL PURPOSE DONATION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL PURPOSE DONATION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AL-BAYAN FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Imam Mahdi Association of Marjaeya
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ALIM ACADEMY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0C/O SULAYMAN HASSN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt122000 GARRISON STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt27917 MONTROSE ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt07608 WOODSTOWN DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPRINGFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DEARBORN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2POTOMAC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MD
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS BEING PRESENTED TO THE BOARD OF TRUSTEES AND THE BOARD REVIEWS THE RETURN BEFORE BEING SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL THE COMPENSATIONS ARE DETERMINED BASED ON REVIEWING COMPARABILITY DATA, ACADEMIC DEGREE, AND LEVEL OF EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:ADJUNCT TEACHERS TOTAL FEES:25133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:ADMINISTRATIVE SERVICES TOTAL FEES:9676
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 11A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990/SchoolOperatingInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalAssetsEOYAmt051087
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IRS990/TotalAssetsGrp/EOYAmt051087
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0326597
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010833
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0265821
IRS990/TotalFunctionalExpensesGrp/TotalAmt0319801
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0899
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt050188
IRS990/TotalOtherCompensationAmt04799
IRS990/TotalProgramServiceExpensesAmt0265821
IRS990/TotalProgramServiceRevenueAmt012642

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