Overview
What is Faith Islamic Academy?
Faith Islamic Academy is a private educational institution located at 152 EAST STEELS CORNERS ROAD, Cuyahoga Falls, OH 44224. This nonprofit entity caters to students from preschool to the 8th grade, committed to fostering a love for learning within each child. With a mission to create an engaging and rewarding learning environment, Faith Islamic Academy believes in the individuality of each student, tailoring its educational approach to meet their unique needs. Embracing its faith-based ethos, the academy also incorporates essential religious principles and character-building experiences into its curriculum. The organization is staffed by a team of 32 dedicated individuals.
Official website here: www.faithislamicacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Faith Islamic Academy has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization scored 69% overall, with strong performance in board independence and program expenses, reflecting a commitment to utilizing funds effectively for its mission. However, the lack of financial statements and missing policies related to conflict of interest and whistleblower protections raise concerns about transparency and governance.
The academy's board is comprised entirely of independent members, which is a strength that contributes positively to its accountability. The organization demonstrates a solid program expense ratio of 85.36%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. Despite these strengths, the absence of critical financial documentation and policies hinders its overall accountability score.
In summary, while Faith Islamic Academy shows positive attributes in board structure and program spending, the missing financial transparency and governance policies are notable limitations. Addressing these areas could enhance its rating and reassure stakeholders of its commitment to accountability and ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Faith Islamic Academy legitimate?
Faith Islamic Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Islamic 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: $562,774
For more financial information, click here
Official website here: www.faithislamicacademy.com
What is the mission statement of Faith Islamic Academy?
Faith Islamic Academy is committed to fostering a love for learning in its students from a young age. Their mission is to establish an educational environment that is both engaging and rewarding, recognizing that each child learns uniquely. The academy takes seriously its role in nurturing the leaders of tomorrow. Understanding that every child has distinct learning needs, they employ an adaptive approach to education. Furthermore, as a faith-based school, Faith Islamic Academy exposes students to fundamental religious principles and character-building experiences.
Official website here: www.faithislamicacademy.com
Who is the CEO of Faith Islamic Academy?
Amjad Ally is the Treasurer of Faith Islamic Academy.
Official website here: www.faithislamicacademy.com
What is the revenue of Faith Islamic Academy?
Faith Islamic Academy's revenue in 2023 was $898,677.
Official website here: www.faithislamicacademy.com
Who are the executives of Faith Islamic Academy and what are their salaries?
The average compensation at Faith Islamic Academy during 2023 was $17,587. There are 32 employees at Faith Islamic Academy.
Here are 9 key members and their salaries:
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Official website here: www.faithislamicacademy.com
Where can I find the form 990 for Faith Islamic Academy?
Faith Islamic Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.faithislamicacademy.com
Learn more at the official website: www.faithislamicacademy.com
Mission Statement of Faith Islamic Academy
Faith Islamic Academy, as a faith-based school, is committed to fostering a love for learning in its students from an early age. The organization's mission is to establish a learning environment that is both stimulating and rewarding. It believes in the importance of educating the future leaders, recognizing that each child has unique learning needs. Faith Islamic Academy employs an adaptive approach to cater to these individual requirements. The school goes beyond academic education, exposing students to essential religious principles and character-building experiences.
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Impact
July, 2024
Faith Islamic Academy positively impacts its students by sparking a love for learning early on and creating a challenging and rewarding learning environment. The school's adaptive approach caters to each child's individual needs, ensuring that every student receives the support necessary for their educational development. Additionally, Faith Islamic Academy exposes students to essential religious principles and character-building experiences, helping shape them into tomorrow's leaders. Overall, the academy's commitment to education and character development makes a meaningful difference in the lives of its students.
This information is meant to be a general summary of Faith Islamic 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: $865,543
- Gross Receipts: $898,677
Assets and Liabilities:
- Total Assets: $306,471
- Total Liabilities: $61,376
- Net Assets: $245,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$827,367
EVENTS
Revenue
$38,176
Organization Details
Founding Year
2016
Phone
(330) 926-9407Principal Officer
Amjad Ally
Main Address
152 EAST STEELS CORNERS ROAD, CUYAHOGA FALLS, OH, 442244920
Website
www.faithislamicacademy.comNTEE Category
Code: B20 - Education
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