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Charlotte Islamic Academy Inc

Charlotte Islamic Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261116585 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charlotte Islamic Academy Inc?

Charlotte Islamic Academy Inc, based in Charlotte, North Carolina, is a renowned nonprofit organization dedicated to the education of students from kindergarten to 12th grade. With a focus on college preparation, the academy functions as an accredited comprehensive community school. The institution's mission is to help students achieve their high school diplomas, aiming to equip them with the necessary skills for higher education. The academy, known as Charlotte Islamic Academy, employs a team of 33 individuals committed to its educational mission.


Official website here: www.cistest.squarespace.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 55%, One-Star out of Four Stars

Charlotte Islamic Academy Inc has received a One-Star rating from Charity Navigator, indicating significant concerns primarily surrounding its accountability and financial practices. The overall score of 55% reflects a lack of transparency in financial reporting, particularly highlighted by a zero score in independent board size and financial statements, which may raise red flags for potential donors regarding the organization's governance.

Despite these concerns, the organization demonstrates strengths in some areas of accountability. It boasts a fully independent board and adheres to policies regarding material asset diversion, conflict of interest, and document retention. The program expense ratio is also commendable, indicating that funds are directed effectively towards its mission.

However, the limitations in financial documentation and reporting practices could deter potential supporters and donors, leading to questions about the organization’s long-term sustainability. For those considering support, it’s essential to weigh these factors carefully against the positive aspects highlighted in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Charlotte Islamic Academy Inc legitimate?

Charlotte Islamic Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Islamic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $698,821

For more financial information, click here


Official website here: www.cistest.squarespace.com/

What is the mission statement of Charlotte Islamic Academy Inc?

Charlotte Islamic Academy Inc is an accredited comprehensive community school with a college-preparatory focus. Its mission is to educate students from Kindergarten to 12th grade, helping them achieve their high school diplomas. The school aims to provide a well-rounded education, preparing its students for higher education and future success. It serves as a hub for the community, offering a wide range of academic and extracurricular activities. The academy's mission is to foster an inclusive and nurturing environment where students can grow both intellectually and personally.


Official website here: www.cistest.squarespace.com/

Who is the CEO of Charlotte Islamic Academy Inc?

Fadel Alshalabi is the Chairman Of of Charlotte Islamic Academy Inc.


Official website here: www.cistest.squarespace.com/

What is the revenue of Charlotte Islamic Academy Inc?

Charlotte Islamic Academy Inc's revenue in 2022 was $973,723.


Official website here: www.cistest.squarespace.com/

Who are the executives of Charlotte Islamic Academy Inc and what are their salaries?

The average compensation at Charlotte Islamic Academy Inc during 2022 was $21,176. There are 33 employees at Charlotte Islamic Academy Inc.


There is 1 key member and their salary:


Fadel Alshalabi (Chairman Of)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cistest.squarespace.com/

Where can I find the form 990 for Charlotte Islamic Academy Inc?

Charlotte Islamic Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cistest.squarespace.com/

Learn more at the official website: www.cistest.squarespace.com/

Mission Statement of Charlotte Islamic Academy Inc

Charlotte Islamic Academy Inc, an accredited comprehensive community school, is dedicated to providing a college-preparatory education for students from kindergarten through 12th grades. The school's mission is to assist these students in achieving their high school diplomas. By offering a well-rounded curriculum, Charlotte Islamic Academy Inc aims to equip its students with the necessary skills and knowledge to succeed in higher education and beyond. The school's focus on college preparation ensures that its students are well-prepared for the challenges of post-secondary education and the workforce.

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Impact




October, 2024

Charlotte Islamic Academy Inc significantly impacts the local community by providing quality education to students from Kindergarten through 12th grade. By focusing on a college preparatory curriculum, the academy equips students with the essential skills and knowledge they need to achieve their high school diplomas and pursue higher education opportunities.

Situated in Charlotte, NC, the school's commitment to academic excellence not only prepares students for future academic endeavors but also fosters a sense of community and cultural understanding. This environment nurtures diverse perspectives and encourages personal growth, ensuring that graduates are well-rounded individuals ready to contribute positively to society. The academy's emphasis on education plays a vital role in shaping the future leaders of the community, empowering them to navigate the complexities of the modern world while holding on to their cultural values.




This information is meant to be a general summary of Charlotte Islamic 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.

Revenue
$973,723 (2022)
Expenses
$936,341 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $570,633
  • Gross Receipts: $973,723

Assets and Liabilities:

  • Total Assets: $72,218
  • Total Liabilities: $0
  • Net Assets: $72,218

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$570,628

OTHER

Revenue

$5

Organization Details

Founding Year

2007

Principal Officer

Fadel Alshalabi

Main Address

1700 PROGRESS LANE, CHARLOTTE, NC, 28205

NTEE Category

Code: B20 - Education

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