Overview
What is Miftaahul Uloom Inc?
Miftaahul Uloom Inc, situated in Union City, New Jersey, operates as a nonprofit organization, primarily focused on education. They offer educational services ranging from pre-K to 12th grade, catering to approximately 128 students. The funding for this educational institution comes from both school tuition fees and donations. Additionally, the organization provides daycare and preschool services under contract from the Union City Board of Education and the New Jersey State. With a workforce of 33 employees, Miftaahul Uloom Inc is committed to shaping the future of its students in Union City.
Official website here: www.muanj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Stars
Miftaahul Uloom Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 66%. This rating is primarily derived from its Accountability & Finance metrics, indicating a focus on financial stewardship. The organization shows strength in governance practices, with a fully independent board and robust policies related to conflict of interest and whistleblower protections.
However, significant limitations are evident in the financial transparency aspects, particularly as the organization did not provide financial statements for review. This lack of documentation has negatively impacted its overall score, particularly in areas concerning financial health, such as a high liabilities to assets ratio. Despite these challenges, the charity demonstrates a commendable program expense ratio, indicating that the majority of its expenditures are directed towards its programs.
In summary, while Miftaahul Uloom Inc upholds strong governance practices, the absence of financial transparency raises concerns about its overall financial management and sustainability. Potential donors and stakeholders should consider these factors when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Miftaahul Uloom Inc legitimate?
Miftaahul Uloom Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miftaahul Uloom 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: $47,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,664
For more financial information, click here
Official website here: www.muanj.org
What is the mission statement of Miftaahul Uloom Inc?
Miftaahul Uloom Inc is committed to providing education from pre-K to 12th grade to approximately 128 students. This includes day care and preschool services, which are provided under contract from the Union City Board of Education in New Jersey. Their mission can be summarized as focusing on educational development for students in these age groups, funded primarily through school tuition fees and donations. The organization strives to offer a comprehensive learning environment, ensuring that these students receive a well-rounded education.
Official website here: www.muanj.org
Who is the CEO of Miftaahul Uloom Inc?
Hisham Morgan is the Cfo of Miftaahul Uloom Inc.
Official website here: www.muanj.org
What is the revenue of Miftaahul Uloom Inc?
Miftaahul Uloom Inc's revenue in 2022 was $1,502,338.
Official website here: www.muanj.org
Who are the executives of Miftaahul Uloom Inc and what are their salaries?
The average compensation at Miftaahul Uloom Inc during 2022 was $19,444. There are 33 employees and 5 volunteers at Miftaahul Uloom Inc.
Here are 8 key members and their salaries:
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- Compensation: $21,170
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- Compensation: $16,410
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Official website here: www.muanj.org
Where can I find the form 990 for Miftaahul Uloom Inc?
Miftaahul Uloom Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.muanj.org
Learn more at the official website: www.muanj.org
Mission Statement of Miftaahul Uloom Inc
Miftaahul Uloom Inc, a nonprofit organization, is dedicated to providing quality education to students from pre-kindergarten to twelfth grade. The institution fulfills this mission under a contract with the Union City Board of Education in New Jersey, as well as through day care and preschool services. The educational journey of approximately 128 students is supported through a combination of school tuition fees and donations.
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Impact
October, 2024
Miftaahul Uloom Inc significantly contributes to the educational landscape in Union City, NJ, by providing quality education from Pre-K to 12th grade. Currently serving approximately 128 students, the organization emphasizes accessible education, ensuring that children in the community have the opportunity to thrive academically.
In addition to traditional schooling, Miftaahul Uloom Inc also offers daycare and preschool services, addressing the early developmental needs of younger children under a contract with the Union City Board of Education and the New Jersey state. By fostering a nurturing environment, they lay a strong foundation for future learning, which is crucial for children's lifelong educational journeys.
Through a combination of school tuition fees and donations, Miftaahul Uloom Inc not only sustains its educational programs but also enhances its ability to serve a diverse student body. This impact extends beyond academic achievement to include social and emotional development, equipping students with the skills needed to succeed in an ever-changing world. The organization plays a vital role in shaping the future of its students, thereby contributing positively to the broader community.
This information is meant to be a general summary of Miftaahul Uloom 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: $33
- Program Service Revenue: $867,806
- Gross Receipts: $1,502,338
Assets and Liabilities:
- Total Assets: $2,662,014
- Total Liabilities: $3,156,491
- Net Assets: -$494,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND RELATED FEES
Revenue
$867,806
Organization Details
Founding Year
1994
Phone
(201) 223-9920Principal Officer
Hisham Morgan
Main Address
501 15th STREET, UNION CITY, NJ, 07087
Website
www.muanj.orgNTEE Category
Code: B70Z - Education
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