Overview
What is Naml Inc?
Naml Inc, based in Philadelphia, is a nonprofit organization committed to empowering Muslim youth. Their mission is to offer supplementary resources that may not be readily available within their communities or families. By establishing afterschool programs, youth leadership academies, mentoring initiatives, and arranging field trips, Naml Inc aims to broaden the experiences of these young individuals. This exposure is intended to foster their success in academic settings, ultimately leading them to become influential figures in their professional and personal lives. In essence, Naml Inc serves as a catalyst for urban youth development, nurturing their abilities to emerge as the future leaders of their communities.
Official website here: www.masjidullahchildcare.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating
Naml Inc has received a Two-Star rating from Charity Navigator, indicating a fair performance in terms of accountability and finance. The organization boasts a high program expense ratio of 95.09%, suggesting that a significant portion of its funding is directed toward its mission-related activities. Additionally, it has received full points for its financial statements audit and has no material diversion of assets, which reflects good financial management.
However, the organization faces notable weaknesses, particularly concerning governance. Naml Inc has no independent board members, which can raise concerns about oversight and accountability. There are also several missing policies, including a whistleblower and document retention policy, which could hinder transparency and ethical management. Additionally, the tax form is not posted on the nonprofit's website, limiting public access to important financial information.
Overall, while Naml Inc demonstrates strong commitment to its programmatic efforts, it must address its governance shortcomings to improve its accountability and transparency ratings. Strengthening board independence and implementing necessary policies would enhance its reliability and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Naml Inc legitimate?
Naml Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Naml 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: $24,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $726,071
For more financial information, click here
Official website here: www.masjidullahchildcare.com/
What is the mission statement of Naml Inc?
Naml Inc's mission is centered around providing additional resources for Muslim youth in Philadelphia, beyond what they may receive within their neighborhoods or families. The organization aims to foster leadership skills among these youth through various initiatives, such as afterschool programs, youth leadership academies, mentoring programs, and field trips. By exposing these youth to diverse experiences, Naml Inc hopes to empower them to excel in their academic pursuits, ultimately leading them to become influential figures in their professional and personal lives. Naml Inc serves as a youth development effort, aiming to nurture the next generation of leaders in their communities.
Official website here: www.masjidullahchildcare.com/
Who is the CEO of Naml Inc?
Michael Rashid is the Treasurer of Naml Inc.
Official website here: www.masjidullahchildcare.com/
What is the revenue of Naml Inc?
Naml Inc's revenue in 2022 was $2,028,457.
Official website here: www.masjidullahchildcare.com/
Who are the executives of Naml Inc and what are their salaries?
The average compensation at Naml Inc during 2022 was $17,870. There are 42 employees at Naml Inc.
Here are 5 key members and their salaries:
- Compensation: $24,456
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.masjidullahchildcare.com/
Where can I find the form 990 for Naml Inc?
Naml Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masjidullahchildcare.com/
Learn more at the official website: www.masjidullahchildcare.com/
Mission Statement of Naml Inc
Naml Inc, a non-profit organization, strives to offer additional resources to Muslim youth residing in Philadelphia. Recognizing the limitations within their neighborhoods and families, Naml Inc aims to supplement their experiences. By establishing afterschool programs, youth leadership academies, mentoring initiatives, and organizing field trips, the organization intends to expose these young individuals to a broader spectrum of opportunities. This exposure is expected to help the youth excel in their academic pursuits, ultimately leading them to become influential figures in their professional and personal lives. Naml Inc serves as a platform to cultivate urban youth, fostering their capabilities to emerge as the next generation of leaders.
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Impact
July, 2024
Naml Inc's impact is significant in providing Muslim youths in Philadelphia with much-needed additional resources not available in their neighborhoods or families. Through afterschool programs, youth leadership academies, mentoring initiatives, and field trips, Naml Inc exposes these youths to valuable experiences that empower them to succeed as leaders in both their academic and personal lives. By focusing on building the leadership potential of urban youth, Naml Inc is nurturing the next generation of leaders who will make a positive impact in their communities and beyond.
This information is meant to be a general summary of Naml 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.
- Investment Income: $69,630
- Program Service Revenue: $1,394,426
- Gross Receipts: $2,028,457
Assets and Liabilities:
- Total Assets: $1,856,136
- Total Liabilities: $63,146
- Net Assets: $1,792,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care and Summer C
Revenue
$1,394,426
Organization Details
Founding Year
2011
Principal Officer
Michael Rashid
Main Address
1121 N Bethlehem Pike, Spring House, PA, 19477
NTEE Category
Code: O50 - Youth development
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