Illinois · Nonprofit
OASIS INITIATIVE FOUNDATION
OASIS INITIATIVE FOUNDATION (Illinois) receives grants from 10 organizations whose IRS filings report $5,211,697 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,357,000). 8 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $3.1M
- Funders on record
- 10
- Grants received
- $5.2M
- Net assets
- $821k
What Oasis Initiative Foundation does
Mission
Religion classes for muslim americans
As stated on its FY2024 Form 990.
Programs
The Oasis Initiative Foundation provides religious education classes to help american muslims deepen their understanding of islam through the rich traditions of the faith.programs such as matters of the heart focus on spiritual development and enhancing worship practices.
$1,550,643 spent$845,326 earned by the program55% of program spendingThe Oasis Initiative Foundation promotes religious literacy and learning by offering trusted scholarship and mentorship on islamic theology, sacred law, and spirituality. The organization provides classes, lectures, and small-group study circles that help members of the muslim community and people of other faith traditions understand the islamic tradition and its application to contemporary life. The Oasis Initiative Foundation also creates opportunities for service by encouraging participants to translate learning into compassionate action for their families, neighborhoods, and wider society.
$604,938 spent$769,237 earned by the program21% of program spendingZakat is the islamic practice of charitable giving to support local and global communities. Zakat is obligatory for all who are able to give. Within islam, it is considered a personal responsibility to ease others economic hardship and eliminate inequality.
$627,802 spent$1,327,937 earned by the program22% of program spendingThese expenditures relate to the development and production of d. Umar f. Abd-allah's book project.
$45,086 spent$23,280 earned by the program2% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,828,469.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $232k to $671k (+189%).
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.
5% of OASIS INITIATIVE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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.
Chief executive
Faisal Ghias
Executive Director
Board chair
Mansoor Panawala
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $12k → $86k.
9 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% 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 OASIS INITIATIVE FOUNDATION’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
OASIS INITIATIVE FOUNDATION leans on a few funders — its largest provides 45% of grant income and the top three 88%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
96% 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 OASIS INITIATIVE FOUNDATION.
Largest funder’s share by year: 2017 100% · 2019 65% · 2020 80% · 2021 67% · 2022 43% · 2023 60% — 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.
How long its funders stay
50% of OASIS INITIATIVE FOUNDATION's funders are still giving 3 years after their first grant; 80% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
96% of OASIS INITIATIVE FOUNDATION'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 $233k that is directly attributable, 100% of it comes from funders outside Illinois, across 1 state.
Funder states come from each funder’s own filing. $5.0M arriving through sponsors registered in 9 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.
Against its field
OASIS INITIATIVE FOUNDATION has grown faster than three-quarters of the 2,399 religion nonprofits its size.
this organization peer median middle 50% of peers· 2,399 religion nonprofits $1M–$10M, FY2024
Organizations like OASIS INITIATIVE FOUNDATION
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for OASIS INITIATIVE FOUNDATION: 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.
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 OASIS INITIATIVE FOUNDATION?
- OASIS INITIATIVE FOUNDATION (Illinois) receives grants from 10 organizations whose IRS filings report $5,211,697 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,357,000). 8 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does OASIS INITIATIVE FOUNDATION have?
- IRS filings report 10 organizations giving $5,211,697 in grants to OASIS INITIATIVE FOUNDATION, 8 of which have funded it in more than one year.
- Who is the largest funder of OASIS INITIATIVE FOUNDATION?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $2,357,000 in grants. The full list of funders is on this page.
- How can an organization like OASIS INITIATIVE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 Oasis 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 10 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 22, 2026. What this page cannot tell you · view filing