Overview
What is Folsom Educational Academy?
Folsom Educational Academy is a nonprofit organization located at 381 S LEXINGTON DR, Folsom, CA 95630. With a team of 21 dedicated individuals, its primary mission is to cater to the educational needs of Muslim children residing within the broader Folsom area. The academy's activities and mission are centered around addressing the unique educational requirements of this demographic, ensuring they have access to quality education. While specific details about the organization's programs and initiatives are not provided, it is clear that Folsom Educational Academy is committed to serving its community and fostering an inclusive learning environment for Muslim children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Folsom Educational Academy has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 50% overall, reflecting a lack of transparency and governance issues, such as having no independent board members and failing to provide key financial documents publicly.
Despite these challenges, Folsom Educational Academy demonstrates a strong commitment to its programs, as evidenced by a 100% program expense ratio. This suggests that all of its expenses are directed towards its programming efforts, which is a positive aspect of its operations. However, the absence of crucial policies and documentation raises questions about the organization's adherence to best practices in nonprofit governance.
In summary, while Folsom Educational Academy is focused on its mission, the lack of financial reporting and independent oversight could hinder its credibility and effectiveness in the long term. Donors and stakeholders may want to consider these factors before engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Folsom Educational Academy legitimate?
Folsom Educational Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folsom Educational Academy 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: $963,264
For more financial information, click here
What is the mission statement of Folsom Educational Academy?
The Folsom Educational Academy is dedicated to addressing the educational needs of Muslim children residing within a broader community. Their mission is to provide an educational environment that caters specifically to the needs of these children, aiming to foster their academic growth and development. The academy seeks to create a supportive learning environment where these children can thrive and reach their full potential. The academy's activities are centered around meeting the unique educational requirements of Muslim children, ensuring they receive an education that aligns with their cultural and religious backgrounds.
What is the revenue of Folsom Educational Academy?
Folsom Educational Academy's revenue in 2023 was $1,454,588.
Who are the executives of Folsom Educational Academy and what are their salaries?
The average compensation at Folsom Educational Academy during 2023 was $33,216. There are 29 employees and 30 volunteers at Folsom Educational Academy.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Folsom Educational Academy?
Folsom Educational Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Folsom Educational Academy
Folsom Educational Academy, a nonprofit organization, is dedicated to addressing the educational needs of Muslim children residing in the wider Folsom area. Its primary mission is to provide an educational environment that caters specifically to this community's needs, ensuring their academic growth and development. The academy strives to create an inclusive learning space where these children can thrive, fostering their intellectual and personal growth within a cultural context that resonates with them.
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Impact
July, 2024
Folsom Educational Academy is making a significant impact by meeting the educational needs of Muslim children within the greater Folsom area. Through its mission to provide tailored educational support to this specific demographic, the academy is ensuring that these children have access to quality education that aligns with their cultural and religious values. By offering specialized academic programs and support services, Folsom Educational Academy is helping to empower these students to reach their full potential and succeed academically. The academy's commitment to educational excellence and cultural inclusivity is positively influencing the lives of Muslim children in the Folsom community, providing them with a strong foundation for future success.
This information is meant to be a general summary of Folsom Educational Academy. 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.
- Program Service Revenue: $1,254,464
- Gross Receipts: $1,454,588
Assets and Liabilities:
- Total Assets: $429,484
- Total Liabilities: $0
- Net Assets: $429,484
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,254,464
Organization Details
Founding Year
2012
Principal Officer
Ateeq Ahmed
NTEE Category
Code: B24 - Education
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