Al-furqaan Foundation
Only null% goes to programs Strong reserves Growing revenue
Al-furqaan Foundation is a 501(c)(3) organization based in Romeoville, Illinois, registered in 2021, with $3,249,437 in FY2020 revenue. CharityIndex grades it C+.
642 Forestwood Dr, Romeoville, IL, 60446 EIN 20-0310701 Since 2021
Revenue (FY2020)
$3.2M
▼ 3.6% vs prior year
Religion median: $139K
Expenses (FY2020)
$2.5M
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Al-furqaan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Al-furqaan Foundation: 25 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Al-furqaan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Al-furqaan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 642 Forestwood Dr, Romeoville, IL, 60446
- City
- Romeoville
- State
- Illinois
- Category
- Religion-Related
- Subcategory
- Islamic Organizations
- Website
- …
Financial trends
Revenue grew from $2.6M (FY2013) to $3.2M (FY2020) across 8 reported years.
Financial snapshot
Financial health & position (FY2020)
Liabilities $4.1MNet assets $5.3M
Operating margin
21.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.4M
Total liabilities
$4.1M
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2020 | $3,249,437▼3.6% | $2,547,450▼17.5% | $5,332,724▲15.2% | $9,389,287▲11.7% | 990 |
| 2019 | $3,370,459▼4.6% | $3,089,194▲9.6% | $4,630,425▲6.5% | $8,405,664▲8.2% | 990 |
| 2018 | $3,533,036▲27.7% | $2,817,673▼13.0% | $4,349,156▲19.7% | $7,767,872▲9.3% | 990 |
| 2017 | $2,767,353▼40.5% | $3,237,363▲46.7% | $3,633,795▼11.5% | $7,107,992▲14.8% | 990 |
| 2016 | $4,649,999▲103% | $2,207,498▲29.0% | $4,103,806▲147% | $6,189,039▲77.9% | 990 |
| 2015 | $2,286,057▲49.1% | $1,711,121▲21.3% | $1,661,304▲52.9% | $3,478,746▲28.9% | 990 |
| 2014 | $1,532,813▼41.8% | $1,410,758▼33.5% | $1,086,470▲12.3% | $2,699,181▲9.8% | 990 |
| 2013 | $2,634,074 | $2,119,902▼11.1% | $967,540▲113% | $2,458,319▼0.2% | 990 |
| 2012 | — | $2,385,097▼0.5% | $453,368▼36.2% | $2,463,151▲2.2% | 990 |
| 2011 | — | $2,396,127▲57.6% | $710,582▲0.1% | $2,410,269▲16.6% | 990 |
| 2010 | — | $1,520,448 | $709,686 | $2,067,376 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $283K total
17 grants to Al-furqaan Foundation totaling $283K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $45,517 |
| Paypal Charitable Giving Fund | General support | 2024 | $39,434 |
| American Endowment Foundation | General operating support | 2024 | $25,304 |
| United Mission For Relief and Development Umr | Sponsorship for youth community | 2024 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $23,692 |
| American Online Giving Foundation Inc | General support | 2023 | $19,300 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $11,500 |
| Paypal Charitable Giving Fund | — | 2023 | $7,093 |
| National Philanthropic Tr | Human services | 2023 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $39,924 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,336 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,336 |
| American Online Giving Foundation Inc | General support | 2021 | $7,852 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $11,563 |
| National Philanthropic Tr | Religion | 2020 | $6,500 |
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Frequently asked questions
- Is Al-furqaan Foundation a legitimate nonprofit?
- Yes. Al-furqaan Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0310701, based in Romeoville, Illinois. Donations are tax-deductible.
- What is Al-furqaan Foundation's EIN?
- Al-furqaan Foundation's Employer Identification Number (EIN) is 20-0310701.
- How much revenue does Al-furqaan Foundation report?
- Al-furqaan Foundation reported $3,249,437 in total revenue on its fiscal year 2020 IRS Form 990 filing.
- What financial grade does Al-furqaan Foundation have?
- CharityIndex grades Al-furqaan Foundation C+, based on financial health (reserves and operating margin).
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Explore more
Data for Al-furqaan Foundation (EIN 20-0310701) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.