Overview
What is Almaghrib Institute Inc?
Almaghrib Institute Inc, located in Houston, Texas, is a nonprofit organization that specializes in delivering religious seminars and events. During the fiscal year 2022, they organized various educational programs, including 14 virtual seminars, 4 weekend seminars on-site, 6 one-day seminars, and 4 online programs. Apart from these, they also offered three mentorship programs and six educational tours. Furthermore, they provided free online events, reaching out to over 52,000 students. Their operations include both on-site and online religious seminars, demonstrating their commitment to making religious education accessible in the United States. The organization operates with a small team of just 2 individuals.
Official website here: www.almaghrib.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 54%, One-Star out of Four Star rating.
Almaghrib Institute Inc has been assigned a One-Star rating by Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score in the accountability & finance category, primarily due to a lack of independent board members, with 0% of board members being independent. Additionally, the absence of crucial policies such as conflict of interest and whistleblower protections raises questions about the governance and oversight of the organization.
Despite these issues, Almaghrib Institute demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 95.79%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. However, the organization's lack of financial transparency, as evidenced by missing financial statements and tax forms on its website, poses limitations on its overall accountability and public trust.
Overall, while Almaghrib Institute Inc shows a dedication to its programs, the significant gaps in governance and financial transparency highlighted by its low rating warrant caution for potential donors or supporters. Addressing these weaknesses could enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Almaghrib Institute Inc legitimate?
Almaghrib Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Almaghrib Institute 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: $216,728
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.almaghrib.org
What is the mission statement of Almaghrib Institute Inc?
The Almaghrib Institute Inc's mission revolves around conducting religious seminars, both onsite and online, within the United States. Their activities are centered around organizing various seminars, including virtual, weekend, and one-day events. Furthermore, they offer online programs, mentorship programs, educational tours, and free online events, reaching over 52,000 students annually.
Official website here: www.almaghrib.org
What is the revenue of Almaghrib Institute Inc?
Almaghrib Institute Inc's revenue in 2023 was $2,959,388.
Official website here: www.almaghrib.org
Who are the executives of Almaghrib Institute Inc and what are their salaries?
The average compensation at Almaghrib Institute Inc during 2023 was $108,364. There are 2 employees and 70 volunteers at Almaghrib Institute Inc.
Here are 3 key members and their salaries:
- Compensation: $111,450
- Related: $0
- Other: $0
- Compensation: $102,253
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.almaghrib.org
Where can I find the form 990 for Almaghrib Institute Inc?
Almaghrib Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.almaghrib.org
Learn more at the official website: www.almaghrib.org
Mission Statement of Almaghrib Institute Inc
Almaghrib Institute Inc is dedicated to conducting religious seminars and events, both onsite and online, within the United States. Their primary mission is to offer educational programs aimed at teaching and enlightening over 52,000 students about their religion. Almaghrib Institute accomplishes this by conducting various seminars, including virtual and weekend events, as well as one-day sessions on their premises. Additionally, they provide online programs, mentorship programs, and educational tours to further engage and educate their students. Furthermore, they offer free online events, broadening their reach and making religious learning accessible to a wide audience.
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Impact
October, 2024
Almaghrib Institute Inc has made a significant impact in the realm of Islamic education and community engagement. During the fiscal year 2022, the institute successfully conducted a diverse array of programs, including 14 virtual seminars, 4 weekend seminars, and 6 one-day seminars, alongside additional online programs and mentorship initiatives.
This extensive outreach allowed Almaghrib Institute to engage with over 52,000 students, fostering a deeper understanding of Islamic teachings and practices. By offering both onsite and online opportunities, the organization has made religious education more accessible, breaking geographical barriers and allowing individuals from various backgrounds to participate in meaningful learning experiences.
The educational tours and free online events further enhance community involvement, creating opportunities for individuals to connect with scholars and peers. Overall, Almaghrib Institute plays a crucial role in promoting religious knowledge and community cohesion through its comprehensive approach to education.
This information is meant to be a general summary of Almaghrib Institute 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 2023.
- Investment Income: $49,382
- Program Service Revenue: $2,104,898
- Gross Receipts: $2,959,388
Assets and Liabilities:
- Total Assets: $4,822,940
- Total Liabilities: $110,174
- Net Assets: $4,712,766
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Organization Details
Founding Year
2004
Principal Officer
Sabina Seferagic
Website
www.almaghrib.orgNTEE Category
Code: X40 - Religion related
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