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Al-Furqan 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: 320431491 ✦ Nocross, GA ✦ Designated as a 501(c)(3)

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Overview

What is Al-Furqan Academy Inc?

Al-Furqan Academy Inc is a nonprofit organization situated in Norcross, Georgia, with a specific address at 568 N Norcross Tucker Road, 30071. Its primary focus is to establish an educational environment that encourages the development of strong moral values, using the Quran as a guiding principle. The academy offers educational programs ranging from elementary to high school levels, instilling creative thinking skills and a passion for learning in each student. The nonprofit's mission also includes fostering respect towards the society they live in and promoting a commitment towards Islam. The total workforce at Al-Furqan Academy Inc comprises 42 individuals, who work diligently to achieve these objectives. In 2022, the academy successfully resumed all its classes in an orderly manner, providing religious education to its students.


Official website here: www.myalfurqan.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

Al-Furqan Academy Inc has received a two-star rating from Charity Navigator, indicating that it is in need of improvement in its accountability and financial practices. The overall score of 69% reflects some strengths, such as a fully independent board and a solid program expense ratio, where 100% of expenses are directed towards its programs. This suggests that the organization is focused on its mission, utilizing its funds effectively to benefit its constituents.

However, the rating also highlights significant areas of concern, particularly in the organization's financial transparency and governance policies. Notably, Al-Furqan Academy lacks essential policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols. Additionally, the absence of financial statements and tax forms on its website raises questions about its commitment to transparency and accountability.

Overall, while Al-Furqan Academy demonstrates a strong commitment to its programs, the lack of critical governance and financial documentation points to potential weaknesses that could affect stakeholder trust and support. The organization may benefit from implementing stronger policies and improving its financial reporting practices to enhance its rating and public perception in the future.


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

Is Al-Furqan Academy Inc legitimate?

Al-Furqan Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Al-Furqan 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: $753,060

For more financial information, click here


Official website here: www.myalfurqan.com

What is the mission statement of Al-Furqan Academy Inc?

Al-Furqan Academy Inc's mission is centered around creating an educational environment that fosters strong moral values, with the Quran serving as a guiding principle. The academy aims to cultivate creative thinking skills and a love for learning in each student. It strives to instill values that promote commitment towards Islam and respect for the society they live in. Religious education is conducted in an organized manner, forming a significant part of their curriculum.


Official website here: www.myalfurqan.com

Who is the CEO of Al-Furqan Academy Inc?

Mohammed Samir Wahid is the Ceo of Al-Furqan Academy Inc. The CEO's salary of Al-Furqan Academy Inc is $0 and their total compensation is $0.


Official website here: www.myalfurqan.com

What is the revenue of Al-Furqan Academy Inc?

Al-Furqan Academy Inc's revenue in 2022 was $969,750.


Official website here: www.myalfurqan.com

Who are the executives of Al-Furqan Academy Inc and what are their salaries?

The average compensation at Al-Furqan Academy Inc during 2022 was $17,930. There are 42 employees and 12 volunteers at Al-Furqan Academy Inc.


Here are 3 key members and their salaries (Al-Furqan Academy Inc's CEO's salary is $0 and their total compensation is $0):


Mohammed Samir Wahid (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohammad Mansoor Memon (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khaliq Zaman Babar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myalfurqan.com

Where can I find the form 990 for Al-Furqan Academy Inc?

Al-Furqan Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myalfurqan.com

Learn more at the official website: www.myalfurqan.com

Mission Statement of Al-Furqan Academy Inc

Al-Furqan Academy Inc is committed to establishing an educational environment that encourages the development of strong moral values. The Quran serves as the guiding principle, inspiring a desire for learning and creative thinking in each student. The mission of this institution is to instill values that promote a deep-rooted commitment towards Islam and respect for the society in which its students reside. During the year 2022, the academy resumed all its classes, ensuring the orderly delivery of religious education.

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Impact




October, 2024

Al-Furqan Academy Inc plays a significant role in shaping the educational and moral landscape for students from elementary to high school in Nocross, GA. By fully resuming classes in 2022, the Academy has successfully integrated structured religious education into its curriculum, ensuring that students not only receive academic knowledge but also develop a strong moral foundation rooted in Quranic teachings.

The Academy’s mission emphasizes cultivating strong moral values and instilling a desire for learning, aiming to foster creative thinking skills in each student. This holistic approach encourages students to respect both their faith and the diverse society in which they live. Through its commitment to nurturing respect and commitment to Islam, Al-Furqan Academy Inc contributes to building a community of responsible, ethical individuals who are prepared to engage positively with the world around them.




This information is meant to be a general summary of Al-Furqan 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
$969,750 (2022)
Expenses
$920,032 (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: $248,431
  • Gross Receipts: $969,750

Assets and Liabilities:

  • Total Assets: $1,694
  • Total Liabilities: $1,032
  • Net Assets: $662

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Programs

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

Tuition Fees

Revenue

$247,538

Other Income

Revenue

$893

Organization Details

Founding Year

2013

Principal Officer

Mohammed Samir Wahid

Main Address

568 N Norcross Tucker Rd, Nocross, GA, 30071

NTEE Category

Code: B29 - Education

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