Overview
What is Ilm Academy Inc?
Ilm Academy Inc, based in Roswell, Georgia, is a nonprofit organization that offers religious-based educational services to children residing in the metropolitan Atlanta area. With a focus on academics, the institution specializes in subjects such as mathematics, sciences, and Arabic studies. Serving children from pre-kindergarten through eighth grade, Ilm Academy's mission is to provide a nurturing environment that fosters spiritual growth and intellectual development. The organization, which employs 45 individuals, is dedicated to empowering young minds with a strong foundation in faith and knowledge.
Official website here: www.ilm-academy.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 58%, One-Star out of Four Star rating.
Ilm Academy Inc has received a One-Star rating from Charity Navigator, indicating significant room for improvement in accountability and financial management. The organization scored low in several areas critical for transparency, including the independence of its board members and the availability of financial statements, which raises concerns about governance and oversight.
Despite these challenges, Ilm Academy demonstrated strengths in certain aspects, such as maintaining a high program expense ratio of 85.39%, signifying that a large portion of its expenses is directed towards its programs. The organization also has a solid liability to assets ratio, indicating a manageable level of debt. However, the lack of a whistleblower policy and inadequate document retention practices highlight areas needing attention to enhance operational integrity.
Overall, while Ilm Academy Inc shows a commitment to its mission by allocating funds effectively towards programs, the significant governance and transparency issues reflected in its low Accountability & Finance score suggest that potential donors should exercise caution and consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Ilm Academy Inc legitimate?
Ilm Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ilm Academy 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.ilm-academy.com
What is the mission statement of Ilm Academy Inc?
Ilm Academy Inc's mission is centered around providing religious-based educational services. This organization caters to children from pre-kindergarten to eighth grade. The primary focus of Ilm Academy is to teach academics, with a particular emphasis on mathematics, sciences, and Arabic studies. The institution is dedicated to delivering quality education and fostering a learning environment that nurtures its students' intellectual growth.
Official website here: www.ilm-academy.com
Who is the CEO of Ilm Academy Inc?
Imran Balkhi is the Chairman of Ilm Academy Inc.
Official website here: www.ilm-academy.com
What is the revenue of Ilm Academy Inc?
Ilm Academy Inc's revenue in 2022 was $2,483,503.
Official website here: www.ilm-academy.com
Who are the executives of Ilm Academy Inc and what are their salaries?
There are 45 employees at Ilm Academy Inc.
Here are 5 key members and their salaries:
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Official website here: www.ilm-academy.com
Where can I find the form 990 for Ilm Academy Inc?
Ilm Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilm-academy.com
Learn more at the official website: www.ilm-academy.com
Mission Statement of Ilm Academy Inc
Ilm Academy Inc, a nonprofit organization, is dedicated to providing religious-based educational services to children residing in the metropolitan Atlanta, Georgia area. Its mission extends from pre-kindergarten to eighth grade, focusing on the essential subjects of mathematics, sciences, and Arabic studies. The academy's primary objective is to nurture young minds with a strong educational foundation, integrating religious values into its curriculum. Ilm Academy Inc strives to create a conducive learning environment where children can grow intellectually and spiritually, fostering well-rounded individuals prepared for their future endeavors.
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Impact
July, 2024
Ilm Academy Inc's impact lies in its unwavering commitment to providing religious-based educational services to children in the metropolitan Atlanta, Georgia area. Through its specialized focus on academics, particularly in the subjects of mathematics, sciences, and Arabic studies, Ilm Academy serves students from pre-kindergarten through eighth grade. By combining academic rigor with religious teachings, Ilm Academy equips children with a well-rounded education that prepares them for success in both their academic and spiritual journeys. The academy's dedication to nurturing young minds and fostering a strong educational foundation contributes positively to the local community by empowering the next generation with essential knowledge and skills.
This information is meant to be a general summary of Ilm Academy 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.
- Program Service Revenue: $1,892,144
- Gross Receipts: $2,483,503
Assets and Liabilities:
- Total Assets: $2,444,479
- Total Liabilities: $456,467
- Net Assets: $1,988,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$1,547,204
Events Clubs Programs
Revenue
$76,588
Organization Details
Founding Year
2008
Phone
(678) 624-1157Principal Officer
Imran Balkhi
Main Address
1200 GRIMES BRIDGE ROAD, ROSWELL, GA, 30075
Website
www.ilm-academy.comNTEE Category
Code: B240 - Education
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