Better Business Bureau Report for
Zakat Foundation of America

Better Business Bureau Report issued May 2016
Better Business Bureau Report expires May 2018


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Zakat Foundation of America
Address: P.O. Box 639
  Worth, IL 60482
Phone:
Web Address:
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Better Business Bureau Comments

Year, State Incorporated:
Affiliates: None
Stated Purpose: ZF fosters charitable giving to alleviate the immediate needs of poor communities and to establish long-term development projects that ensure individual and community growth.

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Evaluation Conclusions

              

Zakat Foundation of America meets the 20 Standards for Charity Accountability.
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Programs

              

Zakat Foundation of America (ZF) is an international charity organization that helps generous and caring people reach out to those in need. Our goal is to address immediate needs and ensure the self-reliance of the poorest people around the world. Zakat Foundation of America focuses on bringing immediate relief during and after disasters, building and schools and water wells, orphanages and health clinics, supporting community development programs through micro-credit and vocational training programs, providing food distribution locally as well as internationally. Zakat Foundation of America emphases the significance of self-sustainability and long term progress in the community.

For the fiscal year ended June 30, 2015, Zakat Foundation of America's program expenses were:

  
seasonal programs 2,310,960
emergency aid 2,061,972
education 1,122,043
orphan sponsorship 681,618
other program support 292,000
development 163,387
Total Program Expenses: $6,631,980
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Governance

              

Chief Executive : Halil Demir, Executive Director
Compensation*: 
$132,115

Chair of the Board: Board of Directors
Chair's Profession / Business Affiliation: President, Vice President, Treasurer, Secretary and Board Member

Board Size: 5

Paid Staff Size: 24

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, internet
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $8,509,690, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Zakat Foundation of America's audited financial statements for the fiscal year ended June 30, 2015.

Source of Funds  
contributions 8,287,183
in-kind donations 222,507
miscellaneous 11,282
interest revenue 117
Total Income $8,521,089


chart



Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 5%  Administrative: 9%  Other Expenses: Less than 1%

Total income $8,521,089
Program expenses $6,631,980
Fund raising expenses 387,150
Administrative expenses 712,119
Other Expenses 5,271
Total expenses $7,736,520
Income in Excess of Expenses 784,569
Beginning net assets 5,429,066
Ending net assets 6,213,635
Total liabilities 133,034
Total assets $6,346,669


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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