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Islamic Scholarship Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.01M (2023)

Expenses
$1.11M (2023)

Total Assets
$2.83M (2023)

Total Liabilities
$33.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,014,133
Expenses
$1,108,803
Net Income
-$94,670
Net Assets
$2,791,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,127,270
> 100%
Program Services $0
Investment Income -$113,137
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $130,000
11.7%
Professional Fundraising Fees $0
Other Salaries and Wages $302,776
27.3%
Assets/Debt
Total Assets $2,825,181
Total Liabilities $33,389
Net Assets $2,791,792
Compensation
Key Employees and Officers Compensation Related Other
Somayeh Nikooei (Executive Director) $130,000 $0 $0
Dr Hamid Rezapour (Chairman) $0 $0 $0
Ismail Mahomed (Secretary) $0 $0 $0
Dr Dalia Fahmy (Director) $0 $0 $0
Mazen Asbahi Esq (Treasurer) $0 $0 $0
Ghada Alkiek (Director) $0 $0 $0
Shahed Amanullah (Director) $0 $0 $0
Rhonda Roumani (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,032,317
Expenses
$1,220,332
Net Income
-$188,015
Net Assets
$2,542,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $981,785
95.1%
Program Services $0
Investment Income $49,282
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,250
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $128,846
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $270,527
22.2%
Assets/Debt
Total Assets $2,600,559
Total Liabilities $57,730
Net Assets $2,542,829
Compensation
Key Employees and Officers Compensation Related Other
Somayeh Nikooei (Executive Dir.) $128,846 $0 $0
Dr Hamid Rezapour (Chairman) $0 $0 $0
Ismail Mahomed (Secretary) $0 $0 $0
Dr Dalia Fahmy (Director) $0 $0 $0
Mazen Asbahi Esq (Treasurer) $0 $0 $0
Ghada Alkiek (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,879,005
Expenses
$867,965
Net Income
$1,011,040
Net Assets
$3,258,601
Notable Sources of Revenue Percent of Total Revenue
Contributions $767,545
40.8%
Program Services $0
Investment Income $21,820
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,089,640
58.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,000
11.5%
Professional Fundraising Fees $0
Other Salaries and Wages $170,462
19.6%
Assets/Debt
Total Assets $3,303,559
Total Liabilities $44,958
Net Assets $3,258,601
Compensation
Key Employees and Officers Compensation Related Other
Somayeh Nikooei (Executive Dir.) $100,000 $0 $0
Dr Hamid Rezapour (Chairman) $0 $0 $0
Ismail Mahomed (Secretary) $0 $0 $0
Dr Dalia Fahmy (Director) $0 $0 $0
Mazen Asbahi Esq (Treasurer) $0 $0 $0
Ghada Alkiek (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$809,174
Expenses
$739,483
Net Income
$69,691
Net Assets
$2,098,902
Notable Sources of Revenue Percent of Total Revenue
Contributions $784,312
96.9%
Program Services $0
Investment Income $52,734
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$17,018
Sales of Assets -$10,854
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $203,448
27.5%
Assets/Debt
Total Assets $2,216,385
Total Liabilities $117,483
Net Assets $2,098,902
Compensation
Key Employees and Officers Compensation Related Other
Dr Hamid Rezapour (Chairman) $0 $0 $0
Ismail Mahomed (Secretary) $0 $0 $0
Salman Ravala Esq (Director) $0 $0 $0
Dr Dalia Fahmy (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$633,091
Expenses
$372,672
Net Income
$260,419
Net Assets
$1,795,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $561,862
88.7%
Program Services $0
Investment Income $84,893
13.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$13,664
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $126,664
34.0%
Assets/Debt
Total Assets $1,802,045
Total Liabilities $6,998
Net Assets $1,795,047
Compensation
Key Employees and Officers Compensation Related Other
Dr Hamid Rezapour (Chairman) $0 $0 $0
Ismail Mahomed (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$414,619
Expenses
$424,809
Net Income
-$10,190
Net Assets
$1,338,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $409,462
98.8%
Program Services $0
Investment Income $36,554
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$31,397
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $72,637
17.1%
Assets/Debt
Total Assets $1,342,530
Total Liabilities $3,751
Net Assets $1,338,779
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Ejaz Nagvi (Secretary) $0 $0 $0
Kashi Tahir (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,323,930
Expenses
$426,094
Net Income
$897,836
Net Assets
$1,347,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,217,812
92.0%
Program Services $0
Investment Income $3,265
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $102,853
7.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $45,206
10.6%
Other Salaries and Wages $67,000
15.7%
Assets/Debt
Total Assets $1,352,912
Total Liabilities $5,554
Net Assets $1,347,358
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Ejaz Naqvi (Secretary) $0 $0 $0
Kashi Tahir (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$403,295
Expenses
$335,368
Net Income
$67,927
Net Assets
$449,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $386,613
95.9%
Program Services $0
Investment Income $1,052
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,630
3.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $34,268
10.2%
Other Salaries and Wages $49,500
14.8%
Assets/Debt
Total Assets $458,118
Total Liabilities $8,596
Net Assets $449,522
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Ejaz Naqvi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$600,201
Expenses
$362,532
Net Income
$237,669
Net Assets
$381,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $599,230
99.8%
Program Services $0
Investment Income $971
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $90,309
24.9%
Assets/Debt
Total Assets $520,837
Total Liabilities $139,242
Net Assets $381,595
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Ejaz Naqvi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$319,399
Expenses
$229,275
Net Income
$90,124
Net Assets
$143,926
Notable Sources of Revenue Percent of Total Revenue
Contributions $315,812
98.9%
Program Services $0
Investment Income $3,587
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $43,000
18.8%
Assets/Debt
Total Assets $164,531
Total Liabilities $20,605
Net Assets $143,926
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Ejaz Naqvi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$225,780
Expenses
$187,545
Net Income
$38,235
Net Assets
$53,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $147,535
65.3%
Program Services $0
Investment Income $1,076
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $77,169
34.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $78,444
41.8%
Assets/Debt
Total Assets $119,072
Total Liabilities $65,270
Net Assets $53,802
Compensation
Key Employees and Officers Compensation Related Other
Hamid Rezapour (President) $0 $0 $0
Somayeh Nikooei (Director) $0 $0 $0
Mostafa Mahboob (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$144,074
Expenses
$167,501
Net Income
-$23,427
Net Assets
$15,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $126,770
88.0%
Program Services $0
Investment Income $0
Net Fundraising $17,304
12.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $53,402
Total Liabilities $37,835
Net Assets $15,567

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$94,604
Expenses
$121,994
Net Income
-$27,390
Net Assets
$4,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,480
81.9%
Program Services $0
Investment Income $0
Net Fundraising $14,031
14.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,093
3.3%
Assets/Debt
Total Assets $4,590
Total Liabilities $0
Net Assets $4,590

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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