Overview
What is Maarif Foundation Usa Inc Maarif School?
Maarif Foundation Usa Inc Maarif School is a nonprofit organization situated in Bloomfield, New Jersey, specifically at 236 Hoover Avenue. Their primary mission is to establish and manage various educational institutions, encompassing pre-school, elementary, high school, and higher education. This includes the operation of diverse educational facilities such as dormitories and libraries. The organization aims to provide a comprehensive educational experience, contributing positively to the development of students at various stages of their educational journey.
Official website here: www.newjersey.maarifschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Maarif Foundation USA Inc Maarif School holds a two-star rating from Charity Navigator, indicating that while it has certain strengths, it requires significant improvement in its governance and financial practices. The organization has scored 72% in the Accountability & Finance category, but it notably lacks independent board members, which raises questions about its governance structure and transparency.
One of the strengths of the organization includes a perfect program expense ratio of 100%, showing that all of its expenditures are directed towards its programs. Additionally, it has demonstrated efficiency in fundraising, with no costs reported, and a solid working capital ratio of 1.95 years. These figures suggest a strong commitment to its mission and effective resource allocation.
However, the absence of independent board members and financial statements is a considerable limitation, suggesting potential governance risks. The liabilities to assets ratio at approximately 48% indicates moderate financial risk, which could affect the organization’s long-term sustainability. Overall, while the Maarif Foundation has commendable program efficiency and fiscal management, its governance practices need significant enhancement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Maarif Foundation Usa Inc Maarif School?
78% of 15 reviewers on Facebook recommend Maarif Foundation USA Inc Maarif School. Here is a summary of their reviews:
Many parents express a strong appreciation for the school, highlighting the positive influence of the principal and supportive staff. The emphasis on a nurturing and effective Islamic education environment is frequently praised. This has resulted in a favorable perception of the school as an excellent choice for families seeking quality education rooted in Islamic values.
Overall, the sentiment is quite positive, with several users acknowledging the dedication of the staff and the overall experience their children have had at the school.
This AI summary has been generated from reviews found on Facebook.
Is Maarif Foundation Usa Inc Maarif School legitimate?
Maarif Foundation Usa Inc Maarif School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maarif Foundation Usa Inc Maarif School 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: $1,361,802
For more financial information, click here
Official website here: www.newjersey.maarifschools.org
What is the mission statement of Maarif Foundation Usa Inc Maarif School?
The Maarif Foundation Usa Inc Maarif School's mission involves establishing and operating a range of educational institutions. This encompasses pre-school, elementary, high school, and higher education institutions. Part of their mission includes providing necessary educational facilities such as dormitories and libraries. In practice, they have operated a private K-12 school, including a pre-school section.
Official website here: www.newjersey.maarifschools.org
Who is the CEO of Maarif Foundation Usa Inc Maarif School?
Ahmet Ozdemir is the President of Maarif Foundation Usa Inc Maarif School. The CEO's salary of Maarif Foundation Usa Inc Maarif School is $85,869 and their total compensation is $85,869.
Official website here: www.newjersey.maarifschools.org
What is the revenue of Maarif Foundation Usa Inc Maarif School?
Maarif Foundation Usa Inc Maarif School's revenue in 2023 was $3,595,748.
Official website here: www.newjersey.maarifschools.org
Who are the executives of Maarif Foundation Usa Inc Maarif School and what are their salaries?
Here are 5 key members and their salaries (Maarif Foundation Usa Inc Maarif School's CEO's salary is $85,869 and their total compensation is $85,869):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $85,869
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newjersey.maarifschools.org
Where can I find the form 990 for Maarif Foundation Usa Inc Maarif School?
Maarif Foundation Usa Inc Maarif School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newjersey.maarifschools.org
Learn more at the official website: www.newjersey.maarifschools.org
Mission Statement of Maarif Foundation Usa Inc Maarif School
Maarif Foundation Usa Inc Maarif School is dedicated to establishing and operating a range of educational institutions. This includes pre-school, elementary, high school, and higher education institutions, as well as essential facilities such as dormitories and libraries. The organization's mission is to provide a comprehensive educational experience, catering to students from various stages of their academic journey. By operating these institutions, Maarif Foundation Usa Inc Maarif School aims to contribute to the development of future generations, equipping them with the knowledge and skills necessary for personal growth and societal advancement. The foundation's involvement extends beyond the classroom, encompassing the operation of educational facilities to ensure a holistic learning environment.
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Impact
July, 2024
Maarif Foundation Usa Inc Maarif School has made a significant impact by providing high-quality educational opportunities for students in Bloomfield, NJ. The school operates a private K-12 institution, which includes a pre-school, and offers a range of educational facilities such as dormitories and libraries. Through its commitment to education, Maarif School is contributing to the academic and personal growth of countless students in the community. The school's focus on establishing and operating educational institutions highlights its dedication to fostering learning and intellectual development among students of all ages. In essence, Maarif School's impact can be seen in the transformation of students into knowledgeable and skilled individuals who are equipped to succeed in the future.
This information is meant to be a general summary of Maarif Foundation Usa Inc Maarif School. 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: $760,818
- Gross Receipts: $3,595,748
Assets and Liabilities:
- Total Assets: $9,539,208
- Total Liabilities: $4,578,675
- Net Assets: $4,960,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$760,818
Organization Details
Principal Officer
Ahmet Ozdemir
Main Address
236 HOOVER AVE, BLOOMFIELD, NJ, 07003
NTEE Category
Code: B90 - Education
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