Civic Intelligence

Ilmstitute Inc.

990 • Fiscal year 2022 • EIN 84-3504638

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

3545 St Johns Bluff Rd S Ste 1-331Jacksonville, FL 32224

(346) 441-2972

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

15700%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

98th percentile

1015%

Faster revenue growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$296,726

Up $294,848 (+15700%) from 2021

Net Assets

Up

$296,726

Up $294,848 (+15700%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$317,109

Up $288,670 (+1015%) from 2021

Expenses

Down

$22,261

Down $4,888 (-18%) from 2021

Net Income

Up

$294,848

Up $293,558 (+22756%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $1,878Liabilities 2021: $0Net Assets 2021: $1,8782021Assets 2022: $296,726Liabilities 2022: $0Net Assets 2022: $296,7262022Assets 2023: $23,744Liabilities 2023: $0Net Assets 2023: $23,7442023Assets 2024: $13,968Liabilities 2024: $0Net Assets 2024: $13,9682024

Highlighted filing

2022

Assets$296,726
Liabilities$0
Net Assets$296,726

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2021: $28,439Expenses 2021: $27,149Net Income 2021: $1,2902021Revenue 2022: $317,109Expenses 2022: $22,261Net Income 2022: $294,8482022Revenue 2023: $38,945Expenses 2023: $11,926Net Income 2023: $27,0192023Revenue 2024: $32,957Expenses 2024: $32,734Net Income 2024: $2232024

Highlighted filing

2022

Revenue$317,109
Expenses$22,261
Net Income$294,848
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$317,109
Mission and Program Overview

Mission

The organization conducts online classes for Muslim seeking to foster a strong Islamic identity.

The organization conducts online classes for Muslim seeking to foster a strong Islamic identity

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,878$296,726▲ $294,848
Rtn Earn Endowment Incm Other Fnds$1,878$296,726▲ $294,848
Total Assets$1,878$296,726▲ $294,848
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,878$296,726▲ $294,848
Total Liabilities and Net Assets / Fund Balance$1,878$296,726▲ $294,848
Compensation and Service Providers

Board Members and Trustees

NameTitle
Saajid T LiphamDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$270,550
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$46,559
All Other Contributions
$270,550
Change in Net Assets
$294,848
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$21,300
Other Expenses$961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$21,300
Advertising---$360
Office Expenses---$360
Other Expenses---$87
Total Functional Expenses$0$0$0$22,261
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
Backup withholding compliance
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

Part VI Line 11B

No review was or will be conducted

Part VI Line 11B

No review was or will be conducted

Part VI Line 19

The 990 and governing documents are made available

Part VI Line 19

on the organization's website and upon request.

Filing and Contact Details

Filer

Filer Name
Ilmstitute Inc
EIN
84-3504638
In Care Of
% SAAJID LIPHAM
Phone
3464412972
Address
3545 St Johns Bluff Rd S Ste 1-331, Jacksonville, FL 32224

Signing Officer

Name
Saajid Lipham
Title
Officer
Phone
3464412972
Signed
2023-11-09
Discuss with paid preparer
No

Organization Details

Principal Officer
Saajid T Lipham
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Rashaad & Associates PLLC
Address
5177 Richmond Ave, Ste 640, Houston, TX 77056
Preparer
Khalis Rashaad CPA
Phone
3464412972
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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/OtherExpensesGrp/Desc0Bank Charges
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0843504638
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ReturnHeader/ReturnTs02023-11-09T07:40:45-06:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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