Mist EIN 27-1471933

Mist FY2023 filing

EIN  27-1471933 Public charity (501(c)(3)) Dearborn, MI
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspires students to collaborate, compete, and develop creative skills while learning about Islam and Muslims.
Leadership
Magdy Mansour · Chair
Money in and out
$411K revenue, $441K expenses
Bottom line
96% program efficiency

Inspires students to collaborate, compete, and develop creative skills while learning about Islam and Muslims. For fiscal year 2023 it reported $411K in revenue, $441K in expenses, and $140K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$441K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$30K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.03 Fundraising $0.00
Program efficiency
96%
of spending reaches programs
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$411K
FY2023▲ +75%
Expenses
$441K
FY2023▲ +85%
Total assets
$140K
FY2023▼ -38%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$441K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$30K
Total assetsPt X · Ln 16$140K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $424K of program spending, described in the organization's own filed words · FY2023.
01

National Scholastic and Art Tournaments

The organization held competitions to promote diversity, and creativity while educating students about islam.

$424Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMist
EINHdr · item D27-1471933
Principal addressHdr · item CDearborn, MI
WebsiteHdr · item Jwww.getmistified.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$258K · 63%
Contributions & grants$133K · 32%
Other revenue$21K · 5%
Program service revenue63%$258K
Contributions & grants32%$133K
Other revenue5%$21K
Total revenueLn 12$411K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.03 Fundraising $0.00
Program services96%$424K
Management & general3%$15K
Fundraising$2K
Total functional expensesLn 25$441K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$140K
Total liabilitiesLn 26$0
Total net assetsLn 32$140K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $441K
3.8 months
Where the money goes
Program services
Program services $424K · Total expenses $441K
96%
Management & General
Management & general $15K · Total expenses $441K
3%
Fundraising
Fundraising $2K · Total expenses $441K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $15K · Solicited contributions (2-yr avg) $98K
$0.16 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $411K
32%
Government reliance
Government grants — · Total revenue $411K
Earned-income share
Program service revenue $258K · Total revenue $411K
63%
Investment reliance
Investment income $0 · Total revenue $411K
0%
Program self-sufficiency
Program service revenue $258K · Total expenses $441K
58%
Growth & trend
Revenue growth (YoY)
This year $411K · Prior year $235K
+75%
Revenue CAGR
FY2019 $580K · FY2023 $411K
-8%
Net-asset trend (YoY)
End of year $140K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $411K · Expenses $441K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $140K
Net-asset ratio
Net assets $140K · Total assets $140K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $140K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Magdy Mansour · Reported title CHAIR · Highest reported compensation $0 · Total expenses $441K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $441K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 3%
Fundraising cost ratio 1%
Revenue growth 75%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$601K revenue · ⤓ 990 PDF
FY2023$411K revenue · viewing · ⤓ 990 PDF
FY2022$235K revenue · ⤓ 990 PDF
FY2021$30K revenue · ⤓ 990 PDF
FY2020$183K revenue · ⤓ 990 PDF
FY2019$580K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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