THE ZAKAT FOUNDATION OF AMERICA

EIN: 364476244 501(c)(3) Unknown

WORTH, IL

Total Revenue
$29,498,054
Total Expenses
$19,207,320
Total Assets
$29,298,844
Net Assets
$28,191,082
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Principal Officer
HALIL DEMIR
Phone
7082330555
Tax Period
2022-07-01 to 2023-06-30

THE ZAKAT FOUNDATION OF AMERICA, founded in 2001, is a mid-sized nonprofit in the Unknown sector that reported $29.5M in total revenue in fiscal year 2022. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.3M, a strong 35% operating margin.

Mission

THE ORGANIZATION FOSTERS CHARITABLE GIVING TO ALLEVIATE THE IMMEDIATE NEEDS OF POOR COMMUNITIES AND TO ESTABLISH LONG-TERM DEVELOPMENT PROJECTS THAT ENSURE INDIVIDUAL AND COMMUNITY GROWTH AND QUICKLY RESPOND TO EMERGENCIES AND DISASTERS ANYWHERE IN THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $7,431,270

FOOD SECURITY, ORPHAN CARE AND SUSTAINABILITY PROGRAMS:PROGRAMS INCLUDE THE DISTRIBUTION OF FOOD PACKAGES/BOXES WHICH PROVIDED FRESH PRODUCE, DAIRY AND HOT MEALS. THE SUSTAINABILITY PROGRAM WAS...

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FOOD SECURITY, ORPHAN CARE AND SUSTAINABILITY PROGRAMS:PROGRAMS INCLUDE THE DISTRIBUTION OF FOOD PACKAGES/BOXES WHICH PROVIDED FRESH PRODUCE, DAIRY AND HOT MEALS. THE SUSTAINABILITY PROGRAM WAS DESIGNATED FOR FOOD SECURITY AND PROVISIONS OF NUTRITION AND ECONOMIC SUSTAINABILITY THROUGH AGRICULTURE. THIS PROGRAM INCLUDED LIVESTOCK DISTRIBUTION AND VOCATIONAL TRAINING, SPECIFICALLY FOR WOMEN. THE ORPHAN CARE PROGRAM IS COMPRISED OF FOOD, CLOTHING, SCHOOLING, ESSENTIAL NEEDS, AND SEASONAL RELIGIOUS FESTIVITY GIFTS FOR VULNERABLE CHILDREN AND SINGLE MOTHERS.

Program 2
Expenses: $6,142,530

COMMUNITY DEVELOPMENT AND WATER PROJECTS:RECENTLY, THE ROLE OF THE ORGANIZATION HAS INCLINED MORE TOWARD EMPHASIZING THE DEVELOPMENT OF COMMUNITY AND TRANSFORMING IT INTO AN INTRA-COMMUNITY...

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COMMUNITY DEVELOPMENT AND WATER PROJECTS:RECENTLY, THE ROLE OF THE ORGANIZATION HAS INCLINED MORE TOWARD EMPHASIZING THE DEVELOPMENT OF COMMUNITY AND TRANSFORMING IT INTO AN INTRA-COMMUNITY INTEGRATED ENVIRONMENT. THIS INCLUDES PROVIDING FRESH AND CLEAN WATER TO COMMUNITIES BY CONSTRUCTING INSTITUTIONAL COMMUNITY CENTERS, SAFE HOUSES (ESPECIALLY FOR WOMEN), SHELTERS, CLINICS, PLACES FOR WORSHIP, AND OTHER DEVELOPMENT PROGRAMS IN THE US AND ABROAD. WATER WELLS & HAND PUMPS WERE CONSTRUCTED IN ALL REGIONS OF THE WORLD, MAINLY IN SUB-SAHARAN AFRICA AND IN THE NORTHERN PART OF AFRICA IN MENA. THE PURPOSE OF THE WATER PROJECTS IS TO PROVIDE ACCESS TO FRESH WATER, WHICH IS ESSENTIAL FOR LIFE. THESE PROJECTS HELP THE RECIPIENTS WATER THEIR FIELDS AND LIVESTOCK AND MOVE TOWARD SUSTAINABLE LIVING.

Program 3
Expenses: $2,181,757

HEALTHCARE AND EDUCATION PROGRAMS:COMPREHENSIVE HEALTHCARE PROGRAMS WERE DELIVERED TO THE POOR, NEEDY, DISPLACED AND ECONOMICALLY DISADVANTAGED PEOPLE IN ALL INHABITED CONTINENTS. SERVICES INCLUDED...

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HEALTHCARE AND EDUCATION PROGRAMS:COMPREHENSIVE HEALTHCARE PROGRAMS WERE DELIVERED TO THE POOR, NEEDY, DISPLACED AND ECONOMICALLY DISADVANTAGED PEOPLE IN ALL INHABITED CONTINENTS. SERVICES INCLUDED PREVENTIVE TREATMENTS, HEALTH EDUCATION, MENTAL HEALTH CARE, REHABILITATIVE INTERVENTION, DEVELOPMENTAL TREATMENT OF CHILDREN WITH SPECIAL NEEDS, NUTRITIONAL COUNSELING, AND CHRONIC ILLNESS TREATMENTS. AID DISTRIBUTIONS INCLUDED PPE (PERSONAL PROTECTIVE EQUIPMENT), GENERAL SANITIZATION ITEMS AND MEDICAL SUPPLIES. OUR EDUCATIONAL PROGRAMS INCLUDED ESTABLISHING SCHOOLS/INSTITUTIONS (HIGHER EDUCATION AND SCHOLARSHIP), VOCATIONAL TRAINING CENTERS (VTC), AND DEVELOPING PROGRAMS ALIGNED TOWARDS THE BRIGHTER FUTURE OF THE COMMUNITY, SPECIFICALLY WOMEN, CHILDREN, AND SINGLE PARENTS WITH THE GOAL OF MAKING THEM ECONOMICALLY INDEPENDENT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $29,480,326
Program Service Revenue $0
Investment Income $-6,226
Other Revenue $23,954
TOTAL REVENUE $29,498,054

Expense Breakdown

Grants Paid $11,317,726
Salaries & Benefits $3,781,216
Fundraising Expenses $1,064,737
Program Expenses $17,349,000
Other Expenses $4,108,378
TOTAL EXPENSES $19,207,320

Year-over-Year Comparison

2022 2021 Change
Revenue $29,498,054 $19,208,557 +0.5%
Expenses $19,207,320 $15,054,708 +0.3%
Net Income $10,290,734 $4,153,849 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
54
Volunteers
3275

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$181,922
Total Directors
6
$181,922
Key Employees
1
$178,731
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HALIL DEMIR EXECUTIVE DIRECTOR 40.00
Officer Director
$135,692 $46,230 $181,922
DR HASAN ARSLAN PRESIDENT 2.00
Officer Director
$0 $0 $0
DR MEHMET TARHAN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SAOUSSEN HABALI SECRETARY 2.00
Officer Director
$0 $0 $0
FUAT YAZAR TREASURER 2.00
Officer Director
$0 $0 $0
FATIMA TUNCER DIRECTOR 2.00
Director
$0 $0 $0
RAZA FARRUKH DIRECTOR OF DEVELOPMENT 40.00
Key Emp
$155,131 $23,600 $178,731
AMNA MIRZA CHIEF MARKETING OFFICER 40.00
Highest
$127,700 $0 $127,700
MINARA EL-RAHMAN DIRECTOR, DIGITAL MARKETING 40.00
Highest
$101,465 $21,803 $123,268
MAJEDA NABHAN DIRECTOR, INT'L HUMAN RESOURCES 40.00
Highest
$111,071 $7,832 $118,903
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $29,498,054 $19,207,320 $29,298,844 $10,290,734
2022 $19,208,557 $15,054,708 $18,383,837 $4,153,849
2021 $20,921,666 $16,699,500 $14,113,673 $4,222,166
2020 $13,348,196 $11,467,343 $10,176,762 $1,880,853
2019 $9,809,318 $10,058,880 $7,796,614 $-249,562
2018 $9,247,911 $9,444,106 $8,110,346 $-196,195
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