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Maryland · Nonprofit

NEXT WAVE MUSLIM INITIATIVE INC

NEXT WAVE MUSLIM INITIATIVE INC (Maryland) receives grants from 4 organizations whose IRS filings report $649,147 to it, the largest being GREATER WASHINGTON COMMUNITY FOUNDATION ($605,575). 3 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$223k
Funders on record
4
Grants received
$649k
Net assets
$339k
3/4 repeat funderspeak grant-dependency 65%
01What it does

What Next Wave Muslim Initiative Inc does

Mission

Religious and spiritual programing to build a diverse american muslim community that nutures the next generation.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $34,551 spent$46,958 earned by the program
    22% of program spending
  2. 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.

    $73,259 spent$445 earned by the program
    46% of program spending
  3. NWMI Family Camp: A weekend retreat provided a restorative and educational experience for families through structured programming focused on personal development, ethical living, and community connection. The retreat included workshops, nature-based activities (such as canoeing, archery, and hikes), and group discussions centered on character development.

    $20,880 spent
    13% of program spending
  4. Other programs include the following: - Journey to Arafat - NWMI Kids Adventures - Ramadan Events(Family Fun Iftar,Spiritual Night, Welcoming Ramadan) - Revival of the soul - Social Service - Teen Events

    $28,979 spent$24,805 earned by the program
    18% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $157,669.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($111k) Expenses 100 ($97k) Net assets 100 ($59k)2018 Revenue 238 ($265k) Expenses 162 ($157k) Net assets 282 ($166k)2019 Revenue 217 ($241k) Expenses 181 ($175k) Net assets 393 ($232k)2020 Revenue 131 ($146k) Expenses 82 ($80k) Net assets 504 ($297k)2021 Revenue 220 ($245k) Expenses 225 ($219k) Net assets 547 ($323k)2022 Revenue 181 ($201k) Expenses 297 ($288k) Net assets 400 ($236k)2023 Revenue 290 ($323k) Expenses 229 ($223k) Net assets 577 ($341k)2024 Revenue 200 ($223k) Expenses 231 ($224k) Net assets 575 ($339k)
'17'18'19'20'21'22'23'24
Revenue (200)Expenses (231)Net assets (575)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $59k to $166k (+182%).

$59k
$166k
$232k
$298k
$325k
$234k
$341k
$340k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

68% of NEXT WAVE MUSLIM INITIATIVE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$14k
’17
$107k
’18
$66k
’19
$66k
’20
$26k
’21
−$87k
’22
$100k
’23
−$1k
’24
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Zeki Mokhtarzada

Board president

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed10688888
Joined·+0+5+4+0+2+0
No longer listed·434020
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $20k → $105k.

Funder
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
2
3
2
3
3
1
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEXT WAVE MUSLIM INITIATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEXT WAVE MUSLIM INITIATIVE INC leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEXT WAVE MUSLIM INITIATIVE INC.

93%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 99% · 2020 98% · 2021 99% · 2022 79% · 2023 86% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

93% of NEXT WAVE MUSLIM INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $43k that is directly attributable, 100% of it comes from funders outside Maryland, across 2 states.

WV
VA

In-state vs out-of-state, by year

’19
’20
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $606k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEXT WAVE MUSLIM INITIATIVE INC holds deeper cash reserves than three-quarters of the 12,816 religion nonprofits its size.

Operating margin−1% · below the median
Months of reserve18.2mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like NEXT WAVE MUSLIM INITIATIVE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 29%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for NEXT WAVE MUSLIM INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEXT WAVE MUSLIM INITIATIVE INC?
NEXT WAVE MUSLIM INITIATIVE INC (Maryland) receives grants from 4 organizations whose IRS filings report $649,147 to it, the largest being GREATER WASHINGTON COMMUNITY FOUNDATION ($605,575). 3 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NEXT WAVE MUSLIM INITIATIVE INC have?
IRS filings report 4 organizations giving $649,147 in grants to NEXT WAVE MUSLIM INITIATIVE INC, 3 of which have funded it in more than one year.
Who is the largest funder of NEXT WAVE MUSLIM INITIATIVE INC?
GREATER WASHINGTON COMMUNITY FOUNDATION is the largest funder on record, with $605,575 in grants. The full list of funders is on this page.
How can an organization like NEXT WAVE MUSLIM INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Next Wave Muslim Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing