Civic Intelligence

Alif Foundation

990 • Fiscal year 2022 • EIN 85-3781213

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 21, 2023

Organization ProfileN/A
4139 Calder LnAurora, IL 60504

(224) 252-4200

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

10th percentile

-53%

Higher net margin than 10% 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

25th percentile

-17%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

8th percentile

-62%

Faster revenue growth than 8% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$246,802

Down $48,816 (-17%) from 2021

Net Assets

Down

$246,802

Down $48,816 (-17%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin10th percentile

Revenue

Down

$91,541

Down $150,339 (-62%) from 2021

Expenses

Up

$140,357

Up $9,688 (+7.4%) from 2021

Net Income

Down

-$48,816

Down $160,027 (-144%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2020: $184,407Liabilities 2020: $0Net Assets 2020: $184,4072020Assets 2021: $295,618Liabilities 2021: $0Net Assets 2021: $295,6182021Assets 2022: $246,802Liabilities 2022: $0Net Assets 2022: $246,8022022Assets 2023: $101,349Liabilities 2023: $0Net Assets 2023: $101,3492023

Highlighted filing

2022

Assets$246,802
Liabilities$0
Net Assets$246,802
Open 2022 Filing

Operations Trend

Revenue Growth8th percentile

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

$400K$200K$0-$200KRevenue 2020: $208,390Expenses 2020: $23,983Net Income 2020: $184,4072020Revenue 2021: $241,880Expenses 2021: $130,669Net Income 2021: $111,2112021Revenue 2022: $91,541Expenses 2022: $140,357Net Income 2022: -$48,8162022Revenue 2023: $180,883Expenses 2023: $326,336Net Income 2023: -$145,4532023

Highlighted filing

2022

Revenue$91,541
Expenses$140,357
Net Income-$48,816
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 21, 2023
Return Version
2022v5.0
Gross Receipts
$91,541
Mission and Program Overview

Mission

Guided by Islamic values and tradition, Alif Fund aims to strengthen Uzbek families and other communities throughout Chicago. We hope to empower,support, and connect our community through establishing an educational center and providing programs and services to meet this objective.Alif Fund will also support charitableorganizations around the world

Guided by islamic values and tradition, alif fund aims to strengthen uzbek families and other communitiesthroughout chicago.we hopeto empower, support and connect our community through establishingan educational center and providing programs and services to meet this objective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$295,618$246,802▼ $48,816
Rtn Earn Endowment Incm Other Fnds$295,618$246,802▼ $48,816
Total Assets$295,618$246,802▼ $48,816
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$295,618$246,802▼ $48,816
Total Liabilities and Net Assets / Fund Balance$295,618$246,802▼ $48,816
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Dilnoza AzamovaPresident and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$91,541
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$91,541
Change in Net Assets
$-48,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,357
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$24,406$19,015-$43,421
Conferences and Meetings$2,000$28,930-$30,930
Other Expenses$2,519--$2,519
Fees for Services Accounting$129$2,027-$2,156
Travel$500--$500
Total Functional Expenses$90,385$49,972$0$140,357
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
Yes
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
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 governing body review Part VI line 11

“All of the transactions and tax return before it is filled and is available forinspection to the public, if requested / or required”

Conflict of interest policy compliance Part VI line 12C

“The governing body oversees that such policy agreeduponis being followed in letter and spirit”

Form 990 availability to public Part VI line 18

“UPON REQUESRT”

Governing documents etc available to public Part VI line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alif Foundation
EIN
85-3781213
Address
4139 CALDER LN, AURORA, IL 60504

Signing Officer

Name
Dilnoza Azamova
Title
President
Phone
6306189438
Signed
2023-07-21
Discuss with paid preparer
No

Organization Details

Formed
2020
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Vohra Tax & Accounting
Address
9 LW Besinger Dr Suite 1A, Carpentersville, IL 60110
Preparer
Reina Quinones
Phone
2242524200
Supplemental Narrative

Additional Explanations

General explanation attachment

“The organization was established in october 2020 for charitable purposes. It has filed for an exemption under 501 (c)(3). The funds accumulated as shown on form 990 are contributed by the president by selling his personal property and contributions made by friends. All the money and intrest earned has been kept in the bank. Corporation has not involved itself in any business activity. Expenses represent necessary remodeling costs, utilities, legal and professional fees paid to the outsiders who is not related to the corporation in any manner.”

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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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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,802
Liabilities
$0
Net assets
$246,802
Revenue
$91,541
Expenses
$140,357
Net income
-$48,816
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.81$3.26$1.45
2022Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.92$1.40$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$2.42$1.31$1.11
2020Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$2.08$0.24$1.84