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Kindi Academy

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

EIN: 453822869 ✦ Darien, IL ✦ Designated as a 501(c)(3)

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Overview

What is Kindi Academy?

Kindi Academy is a nonprofit institution situated in Darien, Illinois, with an address at 8161 CASS AVE. Its primary goal is to provide educational opportunities for children, with two distinct divisions: a Montessori school for children aged 15 months to 9 years and a traditional school for students in fourth grade through eighth grade. According to their mission statement, as stated in their bylaws, Kindi Academy aims to foster self-motivated, curious learners with a strong passion for acquiring and creating knowledge in an ethical, moral, and intellectual environment. This mission is carried out by a dedicated team of 34 employees.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: One-Star out of Four Stars (56%)

Kindi Academy has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about its governance and oversight. Additionally, there are missing financial statements and several policies that are not in place, such as a conflict of interest policy and a whistleblower policy, which are essential for transparency and ethical operations.

Despite these weaknesses, Kindi Academy demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 94.44%. This suggests that a substantial portion of its resources is directed towards its programs rather than administrative costs. Furthermore, the organization has a solid liabilities to assets ratio, indicating that it manages its financial obligations effectively.

However, the absence of critical financial documentation and policies may deter potential donors and stakeholders from supporting Kindi Academy. To improve its rating and trustworthiness, the organization would benefit from enhancing its governance structure and ensuring all necessary policies and financial statements are made available to the public.


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

Is Kindi Academy legitimate?

Kindi Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kindi 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: $787,122

For more financial information, click here

What is the mission statement of Kindi Academy?

Kindi Academy's mission, as outlined in its bylaws, is dedicated to nurturing self-motivated and curious learners with a strong passion for acquiring and creating knowledge. This endeavor is pursued in an ethical, moral, and intellectually stimulating environment. The primary goal is to foster a love for learning that will serve as a foundation for the children's future educational and personal growth. Kindi Academy operates a Montessori school for children aged 15 months to 9 years and a traditional school for students in fourth through eighth grade.

Who is the CEO of Kindi Academy?

Hatem Elagha Elagha is the President of Kindi Academy.

What is the revenue of Kindi Academy?

Kindi Academy's revenue in 2022 was $2,121,060.

Who are the executives of Kindi Academy and what are their salaries?

The average compensation at Kindi Academy during 2022 was $23,151. There are 34 employees and 2 volunteers at Kindi Academy.


Here are 2 key members and their salaries:


Hatem Elagha (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ola Elagha (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kindi Academy?

Kindi Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kindi Academy

Kindi Academy, as outlined in its bylaws, strives to cultivate self-motivated learners with a strong inclination towards knowledge acquisition. These learners are expected to possess a deep passion for seeking and creating knowledge in an ethical, moral, and intellectual environment. The organization's mission is geared towards operating a Montessori school for children aged 15 months to 9 years old, as well as a traditional school for students in the fourth to eighth grades. This educational setup aims to foster an atmosphere where curiosity is nurtured and a strong moral and intellectual foundation is laid, thereby preparing the students for a lifetime of learning and personal growth.

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Impact




July, 2024

Kindi Academy's impact is evident in its dedication to raising self-propelled, curious learners with a strong passion for seeking and creating knowledge in an ethical, moral, and intellectual environment. By operating a Montessori school for children aged 15 months to 9 years old, as well as a traditional school for grades four through eight, Kindi Academy is providing a comprehensive educational experience that focuses on holistic development and a love for learning. Located in Darien, IL, Kindi Academy is making a difference in shaping the minds and character of young learners, setting them on a path towards a bright future.




This information is meant to be a general summary of Kindi 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.

Revenue
$2,121,060 (2022)
Expenses
$1,588,739 (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: $2,121,060
  • Gross Receipts: $2,121,060

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Tuitio Revenue

Revenue

$2,121,060

Organization Details

Founding Year

2011

Principal Officer

Hatem Elagha Elagha

Main Address

8161 CASS AVE, DARIEN, IL, 60561

NTEE Category

Code: B24 - Education

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