Mission
TO SERVE MUSLIMS AND NON-MUSLIMS IN THE ENTIRE STATE OF IOWA BY SUPPLEMENTING ISLAMIC SERVICES PROVIDED LOCALLY AND STATEWIDE IN THE SPIRITUAL, RELIGIOUS, SOCIAL, POLITICAL, PUBLIC RELATIONAND EDUCATIONAL ARENAS.
Public Charity
ISLAMIC FOUNDATION OF IOWA INC
ISLAMIC FOUNDATION OF IOWA INC, of WATERLOO, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $405K in revenue, $416K in expenses, $2.0M in total assets.
EIN: 202941534
WATERLOO, IA
Neighborhood Centers
NTEE: P28
Latest filing: 2025
Total Revenue$405K
Total Expenses$416K
Total Assets$2.0M
Grant Records0
Filing Years2021–2025
Where $100 goes at Islamic Foundation of Iowa Inc
How Islamic Foundation of Iowa Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$34
Through the little stars child care center the organization served approximately 175 children and their families
$33
Provided educational programming utilizing scholars affliated with al-azhar university one of the most prestigious islmaic institutions globally
$33
Ifi focused on supporting community members facing hardship by distriubuting food providing financial assistance and helping individuals access temporty employment and housing
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
SECRETARY
Ahmad Shehata
PRESIDENT
Ibrahim Shehata
TREASURER
Maumer Algic
DIRECTOR
Theron Montgomery
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $405K | $416K | $2.0M |
| 2024 | $421K | $355K | $2.0M |
| 2023 | $508K | $479K | $166K |
| 2022 | $382K | $279K | $137K |
| 2021 | $110K | $98K | $33K |
Between 2021 and 2025, reported annual revenue grew from $110K to $405K (+269%), with total assets most recently reported at $2.0M.
Interactive year-over-year charts and full filing details available with membership.