Al-taqwa Islamic Center Inc is a 501(c)(3) organization based in Omaha, Nebraska, registered in 2022, with $76,307 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$76K
▼ 19.2% vs prior year
Religion median: $139K
Expenses (FY2024)
$58K
Net assets
$86K
Employees
—
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 →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-taqwa Islamic Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-taqwa Islamic Center Inc: 18 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
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-taqwa Islamic Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-taqwa Islamic Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2022) to $76K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
24.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$86K
Total liabilities
$0
Net assets
$86K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,307▼19.2% | $57,899▲4.9% | $85,944▲27.3% | $85,944▲27.3% | 990EZ |
| 2023 | $94,399▲127% | $55,216▲318% | $67,536▲138% | $67,536▲138% | 990EZ |
| 2022 | $41,556 | $13,203 | $28,353 | $28,353 | 990EZ |
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.
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Data for Al-taqwa Islamic Center Inc (EIN 88-0601570) 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.