Overview
What is Manara Academy Inc?
Manara Academy Inc, located in Irving, Texas, is a nonprofit organization committed to fostering knowledge, character, ethics, and community building. Their primary goal is to encourage cognitive, analytical, creative, and enthusiastic lifelong learners among their students. Teachers serve as role models, inspiring their pupils, while parents and senior students also contribute to this learning environment by setting positive examples. The academy aims to prepare students to become future leaders by providing a creative, adaptive, and ethical environment, emphasizing high academic achievement and a firm command of a foreign language. Furthermore, they strive to meet the needs of students, their families, and their communities by leveraging their cultural heritage and life experiences.
Official website here: www.manaraacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Manara Academy Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored an impressive 96% in this category, indicating effective management of financial resources and a commitment to transparency. All board members are independent, showcasing a governance structure that prioritizes impartiality and oversight.
The charity demonstrates robust financial practices, with a high program expense ratio of 93.99%, suggesting that a significant portion of its budget is directed towards its mission-driven activities. Additionally, it has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which further contribute to its accountability framework.
While the overall financial health appears solid, the rating does not encompass aspects such as program effectiveness or community impact. Future assessments may benefit from additional insights into the organization's operational outcomes and the effectiveness of its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Manara Academy Inc legitimate?
Manara Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manara Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $129,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,236,162
For more financial information, click here
Official website here: www.manaraacademy.org
What is the mission statement of Manara Academy Inc?
Manara Academy Inc aims to establish itself as a leading institution, fostering knowledge, character, ethics, and community building. The academy strives to cultivate students into lifelong learners who are cognitive, analytical, creative, and enthusiastic. Teachers serve as role models, setting an exemplary standard for their students. Similarly, parents are seen as role models for their children, and senior students are expected to act as role models for their younger peers. The academy seeks to provide students with a creative, adaptive, and ethical environment, preparing them to become future leaders of society. It also emphasizes high academic achievement and a solid command of a foreign language. Moreover, Manara Academy addresses the needs of its students, their families, and their communities by leveraging their cultural heritage and life experiences, enabling them to achieve success.
Official website here: www.manaraacademy.org
Who is the CEO of Manara Academy Inc?
Ehap Sabri is the Principal Officer of Manara Academy Inc.
Official website here: www.manaraacademy.org
What is the revenue of Manara Academy Inc?
Manara Academy Inc's revenue in 2022 was $9,235,633.
Official website here: www.manaraacademy.org
Who are the executives of Manara Academy Inc and what are their salaries?
The average compensation at Manara Academy Inc during 2022 was $53,423. There are 63 employees and 73 volunteers at Manara Academy Inc.
Here are 7 key members and their salaries:
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- Compensation: $129,084
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- Other: $386
Official website here: www.manaraacademy.org
Where can I find the form 990 for Manara Academy Inc?
Manara Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.manaraacademy.org
Learn more at the official website: www.manaraacademy.org
Mission Statement of Manara Academy Inc
Manara Academy Inc is committed to setting itself apart as a beacon of knowledge, character, ethics, and community building. Its mission is threefold: firstly, to cultivate students into lifelong learners who are cognitive, analytical, creative, and enthusiastic. Secondly, Manara Academy acknowledges the significant role teachers play in shaping their students' lives, encouraging them to serve as positive role models. Thirdly, the academy recognizes the influence parents have on their children, encouraging them to embody the values they wish to instill in their offspring. Additionally, Manara Academy believes in fostering a supportive environment that empowers students to become future leaders of society. It strives to achieve high academic standards, ensuring its students have a firm command of a foreign language. Furthermore, the academy addresses the needs of its students, their families, and their communities by leveraging the strengths of their cultural heritage and life experiences to help them succeed.
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Impact
October, 2024
Manara Academy Inc significantly impacts its community by fostering a culture of knowledge, character, ethics, and community building. It aims to instill cognitive, analytical, and creative thinking skills in students, transforming them into enthusiastic lifelong learners. The academy recognizes the importance of role models in education, which includes teachers inspiring students, parents guiding their children, and senior students mentoring younger peers. This holistic approach not only emphasizes high academic achievement but also prepares students to become future leaders in society.
By creating a creative, adaptive, and ethical learning environment, Manara Academy directly addresses the diverse needs of its students and their families. It builds on the strengths of the students' cultural heritage and life experiences, enabling them to thrive academically and socially. The emphasis on foreign language proficiency further enhances their global competency, providing a well-rounded education that prepares students for success in an interconnected world. Through these initiatives, Manara Academy Inc plays a pivotal role in shaping the future of its students and the broader community in Irving, TX.
This information is meant to be a general summary of Manara Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,195,300
- Program Service Revenue: $9,903
- Gross Receipts: $12,311,893
Assets and Liabilities:
- Total Assets: $5,781,314
- Total Liabilities: $1,235,704
- Net Assets: $4,545,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL FEES
Revenue
$9,903
Organization Details
Founding Year
2006
Phone
(972) 304-1155Principal Officer
Ehap Sabri
Main Address
8001 JETSTAR DR 100, IRVING, TX, 75063
Website
www.manaraacademy.orgNTEE Category
Code: B21 - Education
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