Overview
What is Aasra Inc?
Aasra Inc is a nonprofit organization dedicated to uplifting the Muslim community in the U.S. Its primary mission is to offer educational aid to students who face financial barriers, enabling them to pursue their studies without financial strain. Additionally, Aasra Inc supports Islamic schools in need of financial assistance, aiming to ensure that quality education is accessible to all. Beyond these financial contributions, the organization also focuses on instilling moral values and discipline in the youth, transforming them into responsible and productive members of society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Aasra Inc has received a One-Star rating from Charity Navigator, indicating a significant need for improvement in its accountability and financial practices. The charity's overall score is 50%, reflecting concerns over the absence of independent board members and several missing governance policies such as conflict of interest and whistleblower policies. While the organization has a strong program expense ratio of 96.85%, demonstrating a high percentage of expenses directed toward its programs, the lack of transparency in its governance structure raises concerns.
The charity has not made key documents accessible, including board meeting minutes and the tax form, which further detracts from its accountability rating. Additionally, the organization does not have an independent board, which is essential for effective oversight and governance. Although there are no material diversions of assets reported, the absence of critical policies and documentation suggests potential vulnerabilities in organizational management.
In conclusion, while Aasra Inc shows a commitment to using its funds for its programs, the deficiencies in governance and accountability practices highlighted by its Charity Navigator rating signal areas that need urgent attention. Stakeholders might consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Aasra Inc legitimate?
Aasra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aasra 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: $0
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What is the mission statement of Aasra Inc?
Aasra Inc's mission is centered around providing educational aid to students who face financial constraints. The organization aims to assist students in covering their school fees, which are often high, and offer support to Islamic schools in need of monetary help. The primary goal is to educate Muslim youth, not only in secular studies but also in Islamic studies, instilling ethical values and discipline in them. By doing so, the organization seeks to foster the development of productive members of the American society. In addition to this, Aasra Inc subsidizes school fees for eligible students, thereby making education more accessible.
Who is the CEO of Aasra Inc?
Shamim Ibrahim is the Director of Aasra Inc.
What is the revenue of Aasra Inc?
Aasra Inc's revenue in 2022 was $2,500.
Who are the executives of Aasra Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Aasra Inc?
Aasra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aasra Inc
Aasra Inc, a non-profit organization, is committed to providing educational aid to students and schools. Their mission is twofold: firstly, they offer assistance to students who struggle financially, providing them with necessary school books and covering their school fees. Secondly, Aasra Inc supports Islamic schools that require monetary assistance. Their aim is to ensure that every student, regardless of their financial situation, has the opportunity to receive a quality education. Furthermore, Aasra Inc strives to instill ethical values and discipline in the Muslim youth, preparing them to become productive members of American society. The organization's mission is to foster academic success and moral growth in the community's young people.
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Impact
August, 2024
Aasra Inc's impact is seen in the direct support and assistance it provides to students who are unable to afford high school fees. By offering educational aid, subsidizing school fees, and supporting Islamic schools in need of monetary help, Aasra Inc is helping to ensure that students have access to education and are able to pursue their academic goals despite financial barriers. This assistance not only benefits the individual students directly but also contributes to building a more educated and productive community.
This information is meant to be a general summary of Aasra 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.
- Gross Receipts: $2,500
Assets and Liabilities:
- Total Assets: $4,875
- Total Liabilities: $0
- Net Assets: $4,875
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Organization Details
Principal Officer
Shamim Ibrahim
Main Address
25830 SO WESTERN AVE, HARBOR CITY, CA, 90710
NTEE Category
Code: B82 - Education
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