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Ahlul-Qur'An Academy Inc

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

EIN: 273368026 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ahlul-Qur'An Academy Inc?

Ahlul-Qur'An Academy Inc is a nonprofit organization, primarily catering to the Muslim community, with a special focus on children and youth. Situated in Tampa, Florida (5005 Wesley Dr), their mission is to enhance the understanding and perfect the recitation of the Holy Qur'an. This goal extends to every member of their Muslim community, with a particular emphasis on children and youth. The organization's activities are geared towards promoting the memorization of the Qur'an, ensuring its integral role within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Stars)

Ahlul-Qur'An Academy Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The charity's Accountability & Finance score is also 63%, reflecting a satisfactory approach to financial stewardship and governance practices. Notably, the organization has a fully independent board, scoring 10 out of 10 points, and demonstrates responsible asset management with a zero liabilities to assets ratio.

The Academy shows a strong commitment to transparency, having documented board meeting minutes and reported no material diversion of assets, each scoring full points. Additionally, the organization allocates a significant portion of its resources to its programs, with an impressive program expense ratio of 87.15%. However, the overall Two-Star rating suggests there may be areas for improvement in other aspects of its operations or impact that have not been detailed in the available data.


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

Is Ahlul-Qur'An Academy Inc legitimate?

Ahlul-Qur'An Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahlul-Qur'An 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: $13,454

For more financial information, click here

What is the mission statement of Ahlul-Qur'An Academy Inc?

Ahlul-Qur'an Academy Inc is committed to fostering the correct recitation and deep understanding of the Holy Qur'an within their Muslim community, particularly focusing on children and young individuals. Their mission involves perfecting the recitation of the sacred text and promoting its memorization, enabling all community members to connect with their faith more profoundly.

Who is the CEO of Ahlul-Qur'An Academy Inc?

Magdi Emara is the President of Ahlul-Qur'An Academy Inc.

What is the revenue of Ahlul-Qur'An Academy Inc?

Ahlul-Qur'An Academy Inc's revenue in 2023 was $67,815.

Who are the executives of Ahlul-Qur'An Academy Inc and what are their salaries?

There 5 volunteers at Ahlul-Qur'An Academy Inc.


Here are 2 key members and their salaries:


Magdi Emara (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dalia El-Deeb (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahlul-Qur'An Academy Inc?

Ahlul-Qur'An Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ahlul-Qur'An Academy Inc

Ahlul-Qur'An Academy Inc is dedicated to promoting the accurate recitation, memorization, and comprehension of the Holy Qur'an within their Muslim community. With a particular focus on children and youth, this nonprofit organization strives to perfect the reading of this sacred text and foster a deep understanding of its teachings among its members.

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Impact




August, 2024

Ahlul-Qur'An Academy Inc has a significant impact on the Muslim community, particularly among children and youth in Tampa, Florida. By focusing on establishing and perfecting the recitation of the Holy Qur'an and promoting its memorization and understanding, the academy plays a vital role in preserving and advancing Islamic knowledge and spirituality among its members. Through its mission of fostering a deeper connection to the Qur'an, Ahlul-Qur'An Academy Inc is actively contributing to youth development within the Muslim community, instilling values of faith, education, and community engagement in future generations.




This information is meant to be a general summary of Ahlul-Qur'An 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
$67,815 (2023)
Expenses
$109,948 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $67,815
  • Gross Receipts: $67,815

Assets and Liabilities:

  • Total Assets: $71,055
  • Total Liabilities: $0
  • Net Assets: $71,055

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Programs

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

TUTIONS

Revenue

$67,815

Organization Details

Founding Year

2010

Principal Officer

Magdi Emara

Main Address

5005 WESLEY DR, TAMPA, FL, 33647

NTEE Category

Code: O55 - Youth development

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