Overview
What is Falak Education Society Inc?
Falak Education Society Inc, situated in Naperville, Illinois, is a dedicated nonprofit organization. Their primary mission revolves around providing educational services and vocational training to individuals in need. This nonprofit institution is committed to uplifting the less fortunate by equipping them with essential skills through vocational training, thereby empowering them to lead more independent and fulfilling lives. The organization's activities and mission are in line with this purpose, ensuring that they continuously strive to make a positive impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Falak Education Society Inc has received a rating of 73%, indicating a fair level of accountability and finance management. The organization boasts a fully independent board, with all members (10 out of 10) meeting the criteria for independence, and a low liabilities to assets ratio of 0.00%. Furthermore, it has an impressive program expense ratio of 88.70%, suggesting that a significant portion of its funds is directed towards its educational programs.
However, the nonprofit also has several notable weaknesses that have contributed to its lower star rating. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which were all rated zero out of seven points. Additionally, the nonprofit's website is missing from its tax form, and it has not published its tax documents online, which limits transparency and accountability to the public.
Overall, while Falak Education Society Inc demonstrates strong financial management and a commitment to its programs, the absence of critical governance policies and transparency measures reflects areas that need improvement to enhance trust and credibility with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Falak Education Society Inc legitimate?
Falak Education Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falak Education Society 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
For more financial information, click here
What is the mission statement of Falak Education Society Inc?
The Falak Education Society Inc is committed to providing educational services and vocational training to individuals in need. Through their mission, they aim to empower the underprivileged by equipping them with essential skills and knowledge. Their activities are focused on offering educational opportunities and vocational training, thereby contributing to the betterment of their communities. The society's goal is to break the cycle of poverty by enabling individuals to secure decent employment and improve their livelihoods. By offering these services, the Falak Education Society Inc is dedicated to making a positive impact on society, one individual at a time.
Who is the CEO of Falak Education Society Inc?
Kaleem M Khan is the Director of Falak Education Society Inc.
What is the revenue of Falak Education Society Inc?
Falak Education Society Inc's revenue in 2022 was $45,765.
Who are the executives of Falak Education Society Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Falak Education Society Inc?
Falak Education Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Falak Education Society Inc
Falak Education Society Inc, a nonprofit organization, is dedicated to providing educational services and vocational training to individuals from economically disadvantaged backgrounds. Their mission is to empower these individuals by equipping them with the necessary skills and knowledge, thereby enhancing their prospects for a better future. Through their educational programs and vocational training, they aim to uplift the economic status of the underprivileged and contribute to the overall societal development.
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Impact
August, 2024
Falak Education Society Inc's impact is felt through its provision of educational services and vocational training to underserved communities. By offering these crucial services to the poor, the organization is actively working to uplift and empower individuals who may not have had access to such opportunities otherwise. Through their mission of providing educational services and vocational training, Falak Education Society Inc is helping to bridge the gap in educational disparities and equip individuals with skills that can improve their livelihoods and future prospects. This impactful work, based in Naperville, IL, is contributing towards creating a more equitable and educated society.
This information is meant to be a general summary of Falak Education Society 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: $45,765
Assets and Liabilities:
- Total Assets: $137,077
- Total Liabilities: $0
- Net Assets: $137,077
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Organization Details
Phone
(630) 660-4200Principal Officer
Kaleem M Khan
Main Address
2732 BRECKENRIDGE LANE, NAPERVILLE, IL, 60565
NTEE Category
Code: B90 - Education
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