Financial Transparency
Updated: June 10, 2026
Mahad Darul Marif is committed to the highest standards of financial transparency and accountability. As a nonprofit organization serving our community, we believe donors and supporters deserve complete clarity on how funds are raised and used.
501(c)(3) Tax-Exempt Status
Mahad Darul Marif is a registered 501(c)(3) nonprofit organization. All donations are tax-deductible to the fullest extent allowed by U.S. law. Our EIN is available upon request for tax reporting purposes.
How Donations Are Used
Funds raised are directed to specific, accountable purposes aligned with our mission:
Property Acquisition
~85%The majority of funds go toward securing the permanent property at 1612 Crescent Road, Clifton Park — including down payment, closing costs, and essential building preparation.
Programs & Operations
~10%Direct program costs including educational materials, classroom setup, prayer space furnishings, and community events.
Administrative & Legal
~5%Essential operational expenses including legal fees, insurance, accounting, and minimal staffing required to maintain compliance and transparency.
Governance & Accountability
- Our Board of Directors provides oversight and approves all major financial decisions
- Annual financial reviews are conducted by independent accountants
- We file Form 990 annually as required by the IRS for 501(c)(3) organizations
- Donor records are maintained securely and confidentially
- All expenditures require dual authorization above established thresholds
Current Campaign: Property Fund
The June 2026 property campaign is a restricted fund — every dollar donated is reserved exclusively for the acquisition and initial setup of the Crescent Road property.
| Category | Allocation |
|---|---|
| Property purchase & closing | $350,000 |
| Building improvements & repairs | $25,000 |
| Classroom & prayer space setup | $15,000 |
| Safety, accessibility & permits | $10,000 |
| Total Campaign Goal | $400,000 |
Questions?
We welcome questions about our finances. Contact our board treasurer at info@mahaddarulmarif.org.