NEXT WAVE MUSLIM INITIATIVE INC

EIN: 452984068 501(c)(3) Religion

SILVER SPRING, MD

Total Revenue
$322,859
Total Expenses
$222,847
Total Assets
$340,989
Net Assets
$340,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
ZEKI MOKHTARZADA
Phone
3015933440
Tax Period
2023-01-01 to 2023-12-31

NEXT WAVE MUSLIM INITIATIVE INC, founded in 2011, is a small nonprofit in the Religion sector that reported $323K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 31% operating margin.

Mission

RELIGIOUS AND SPIRITUAL PROGRAMING TO BUILD A DIVERSE AMERICAN MUSLIM COMMUNITY THAT NUTURES THE NEXT GENERATION.

Program Service Accomplishments

Program 1
Expenses: $41,889 Revenue: $41,140

Camp NWMI: NWMI hosts a two week outdoor youth camp for ages 5-18. Campers participate in arts and crafts, and learn Islamic ethics through experential activities such as canoeing and climbing, as...

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Camp NWMI: NWMI hosts a two week outdoor youth camp for ages 5-18. Campers participate in arts and crafts, and learn Islamic ethics through experential activities such as canoeing and climbing, as well as sports and outdoor games.

Program 2
Expenses: $53,318 Revenue: $10,644

Eid Prayer and Carnival - NWMI holds Eid services twice a year and also organizes a celebratory carnival for the community. Community members come together to enjoy brunch. NWMI organizes, moon...

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Eid Prayer and Carnival - NWMI holds Eid services twice a year and also organizes a celebratory carnival for the community. Community members come together to enjoy brunch. NWMI organizes, moon bounces, petting zoos, photo-booths, popcorn, cotton candy, face painting, and other fun activities for all ages

Program 3
Expenses: $14,665 Revenue: $25

Ramadan Programming - During Ramadan NWMI hosts iftar dinners. The community comes together to break the fast together. These dinners are combined additional activities such as social service...

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Ramadan Programming - During Ramadan NWMI hosts iftar dinners. The community comes together to break the fast together. These dinners are combined additional activities such as social service activities and trivia games.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $271,116
Program Service Revenue $51,743
Investment Income $0
Other Revenue $0
TOTAL REVENUE $322,859

Expense Breakdown

Grants Paid $5,174
Salaries & Benefits $28,204
Fundraising Expenses $0
Program Expenses $154,949
Other Expenses $189,469
TOTAL EXPENSES $222,847

Year-over-Year Comparison

2023 2022 Change
Revenue $322,859 $201,134 +0.6%
Expenses $222,847 $288,347 -0.2%
Net Income $100,012 $-87,213 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
10

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZEKI MOKHTARZADA BOARD PRESIDENT 3
Officer
$0 $0 $0
ALI ESFAHANI BOARD VICE PRESIDENT 3
Officer
$0 $0 $0
HALEEMA REHMAN TREASURER 3
Officer
$0 $0 $0
TABASSUM MAJID SECRETARY 3
Officer
$0 $0 $0
ZAINAB KHABIR TRUSTEE 3
Director
$0 $0 $0
AAMIR NOORUDDIN TRUSTEE 3
Director
$0 $0 $0
KHALIL GHARBIEH TRUSTEE 3
Director
$0 $0 $0
TANNAZ HADDAD TRUSTEE 3
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $322,859 $222,847 $340,989 $100,012
2022 $201,134 $288,347 $234,187 $-87,213
2021 $244,610 $218,881 $325,126 $25,729
2020 $145,923 $79,758 $297,914 $66,165
2019 $241,358 $175,484 $232,322 $65,874
2018 $264,712 $157,379 $166,349 $107,333
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