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Nonprofit · EIN 22-2413703

MUSLIM FOUNDATION INC

Tax-exempt · SOMERSET, NJ 08873

Financials

$2.5M$1.6M2023$2.2M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MUSLIM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,222,033$1,576,245$645,788$14,028,036$3,584,321$10,443,715
December 31, 2023990$2,504,911$1,571,296$933,615$12,839,041$3,041,114$9,797,927
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,588,486
of which government grants
$1,251,336
Program service revenue
$157,942
Investment income
$3,702
Net income from fundraising events
$470,556
Other revenue
$471,903

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$153,574
Salaries, compensation and benefits (total)
$166,756
Professional fundraising fees
$1,031
Legal fees
$4,533
Accounting fees
$12,320
Travel
$3,548
Depreciation
$420,195
Program services (functional)
$1,120,932
Management and general (functional)
$346,198
Fundraising (functional)
$109,115

Balance sheet and other

Total assets, start of year
$12,839,041
Total assets, end of year
$14,028,036
Total liabilities, end of year
$3,584,321
Net assets, end of year
$10,443,715
Land, buildings and equipment
$11,421,631
Net assets without donor restrictions
$9,642,397
Net assets with donor restrictions
$801,318
Gross receipts
$2,222,033
Employees
5
Year formed
1981
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DR SARWAT ALICHAIRMAN EME
Trustee or director
1$0
DR MOHSIN ALIDIRECTOR
Trustee or director
1$0
MRS PARWEEN ALIDIRECTOR
Trustee or director
1$0
DR ASGHAR KHARAZI PH DVICE PRESIDE
Trustee or director
3$0
DR PARVIZ HAMEDANIPRESIDENT
Trustee or director
3$0
DR AFTAB HUSAINVICE CHAIRMA
Trustee or director
3$0
DR IQBAL H JAFRICHAIRMAN
Trustee or director
3$0
DR ZAFAR JAFRIDIRECTOR
Trustee or director
1$0
MR IQBAL NAQVIDIRECTOR
Trustee or director
1$0
DR SMN RIZVIDIRECTOR
Trustee or director
1$0
MR SYED BAQIR RIZVIDIRECTOR
Trustee or director
1$0
DR ASAD SADIQDIRECTOR
Trustee or director
1$0
MR SYED UROOJ AFTABJOINT TREASU
Officer
3$0
MR MUSTAFA KARIMSECRETARY
Officer
3$0
MR NISAR A KERMALLITREASURER
Officer
3$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
DR SARWAT ALICHAIRMAN EME
Trustee or director
1$0
DR MOHSIN ALIDIRECTOR
Trustee or director
1$0
MRS PARWEEN ALIDIRECTOR
Trustee or director
1$0
DR ASGHAR KHARAZI PH DVICE PRESIDE
Trustee or director
3$0
DR PARVIZ HAMEDANIPRESIDENT
Trustee or director
3$0
DR AFTAB HUSAINVICE CHAIRMA
Trustee or director
3$0
DR IQBAL H JAFRICHAIRMAN
Trustee or director
3$0
DR ZAFAR JAFRIDIRECTOR
Trustee or director
1$0
MR IQBAL NAQVIDIRECTOR
Trustee or director
1$0
DR SMN RIZVIDIRECTOR
Trustee or director
1$0
MR SYED BAQIR RIZVIDIRECTOR
Trustee or director
1$0
DR ASAD SADIQDIRECTOR
Trustee or director
1$0
MR SYED UROOJ AFTABJOINT TREASU
Officer
3$0
MR MUSTAFA KARIMSECRETARY
Officer
3$0
MR NISAR A KERMALLITREASURER
Officer
3$0

Address and contacts

Address (IRS master file)
47 CEDAR GROVE LN, SOMERSET, NJ 08873-1377
Principal officer (990 for 2024)
DR PARVIZ HAMEDANI, 47 CEDAR GROVE LANE, SOMERSET, NJ 088731377
Signed the 990
MR NISAR A KERMALLI, TREASURER
Phone
(201) 338-1710
Return prepared by
REID TAX & ADVISORY SERVICES LLC

Mission

THE PRIMARY OBJECTIVE OF THE ORGANIZATION HAS BEEN TO PROMOTE LIFE OF ALL MUSLIMS (PARTICULARLY FOLLOWERS OF JAFRI FAITH) IN ACCORDANCE WITH DIVINE LAWS FOR THE WELL BEING OF THE COMMUNITY AND TO ACHIEVE PEACEFUL CO- EXISTENCE AND HARMONY WITH OTHER ETHNIC GROUPS AND FOLLOWERS OF OTHER FAITHS LIVING IN USA.

990 for the year ended December 31, 2024

Program accomplishments

  • SUNDAY SCHOOL ACTIVITIES ENCOURAGE AND PROMOTE RELIGIOUS TEACHINGS, TRADITIONS AND PHILOSOPHY. THEY FOSTER LITERARY, MORAL AND SOCIAL INTEREST OF THE COMMUNITY.
    Expenses $69,963 · revenue $90,942
  • MOSQUE PROJECT HELPS ORGANIZE LECTURES, SEMINARS, MEETINGS AND ACTIVITIES THAT PROMOTE COMMUNITY SPIRIT AND GENERAL UPLIFT IN ALL WALKS OF LIFE.
    Expenses $627,226 · revenue $67,000
  • THE PRIMARY OBJECTIVE OF THE ORGANIZATION HAS BEEN TO PROMOTE LIFE OF ALL MUSLIMS (PARTICULARLY FOLLOWERS OF JAFRI FAITH) IN ACCORDANCE WITH DIVINE LAWS FOR THE WELL BEING OF THE COMMUNITY AND TO ACHIEVE PEACEFUL CO- EXISTENCE AND HARMONY WITH OTHER ETHNIC GROUPS AND FOLLOWERS OF OTHER FAITHS LIVING IN USA.
    Expenses $423,743

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2413703
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,028,036
Income (IRS master file)
$2,222,033

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,222,033$1,576,245$14,028,036XML
990December 2023$2,504,911$1,571,296$12,839,041XML
990December 2022$1,711,494$1,277,258$12,369,622IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2413703).

Questions about MUSLIM FOUNDATION INC

What is the EIN of MUSLIM FOUNDATION INC?
The employer identification number (EIN) of MUSLIM FOUNDATION INC is 22-2413703.
Is MUSLIM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to MUSLIM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSLIM FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MUSLIM FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSLIM FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSLIM FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DR PARVIZ HAMEDANI.
Who are the officers and directors of MUSLIM FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does MUSLIM FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,222,033, expenses of $1,576,245 and total assets of $14,028,036 at year end.

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