BBB Wise Giving Report for
Islamic Networks Group

BBB Wise Giving Report issued August 2011
BBB Wise Giving Report expires August 2013


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: Islamic Networks Group
Address: 3031 Tisch Way, Suite 950
  San Jose, CA 95128
Phone: 408-296-7312
Web Address: www.ing.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1995, California
Affiliates: 14 affiliates
Stated Purpose: "to promote intercultural understanding, tolerance, and harmony through dialogue and religious and cultural literacy."

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Evaluation Conclusions

              

Islamic Networks Group (ING) meets the 20 Standards for Charity Accountability.
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Programs

              

ING operates four programs that promote intercultural understanding and mutual respect. The Islamic Speakers Bureau program consists of speakers from the Islamic faith who supplement existing curriculum and cultural diversity programming relating to 9/11 in public institutions, which include academic institutions, law enforcement agencies, healthcare facilities and corporations. The Interfaith Speakers Bureau program consists of speakers from the Islamic, Jewish, Christian, Buddhist and Hindu traditions who speak together on panels to further the practice of religious pluralism, while increasing religious and cultural literacy and mutual respect. The Affiliate program initiates regional Islamic and Interfaith Speakers Bureaus all across the country. The Bullying Prevention program works to prevent teasing, harassment and bullying of minority students through student led programs.

For the year ended December 31, 2010, ING's program expenses were:

  
Islamic speakers bureau 149,695
Interfaith speakers bureau 105,998
National partners 66,951
Total Program Expenses: $322,644
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Governance

              

Chief Executive : Maha Elgenaidi, President
Compensation*:
$54,185

Chair of the Board: Javed Patel
Chair's Profession / Business Affiliation: Business Executive

Co-Chair of the Board : Randy Pond

Chair's Profession / Business Affiliation: Executive Vice President, CISCO

Board Size: 11

Paid Staff Size: 10

*2010 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, special events, planned giving, and grant proposals.
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $455,751, 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 ING's audited financial statements for the year ended December 31, 2010.

Source of Funds  
Contributions 371,546
Grants 70,000
Special events income, net 14,205
Realized/unrealized gain 3,034
Total Income $458,785


chart



Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 7%  Administrative: 13% 

Total income   $458,785
  Program expenses $322,644
  Fund raising expenses 29,145
  Administrative expenses 50,327
 
Total expenses   $402,116
Income in Excess of Expenses   56,669
Beginning net assets   124,870
Ending net assets   181,539
Total liabilities   63,896
Total assets   $245,435


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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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