Overview
What is Ar-Rayyan Institute Inc?
Ar-Rayyan Institute Inc, situated in Southwest Ranches, Florida, is a nonprofit organization dedicated to the instruction of Islamic education and the study of religious texts. With a small team of three individuals, the institute is committed to fostering an understanding of Islamic teachings and sacred texts. The organization's primary activity lies in providing educational resources for individuals seeking to deepen their understanding of the faith.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Ar-Rayyan Institute Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 94% overall, indicating strong performance in all categories assessed. A key highlight is its 100% independent board, which enhances governance and oversight while ensuring that decisions are made in the best interest of the charity.
The institute demonstrates financial prudence with a program expense ratio of 85.07%, signifying that a significant portion of its resources is directed towards its programs and services. Additionally, there are no liabilities reported, showcasing a solid financial position with a 0.00% liabilities to assets ratio. Comprehensive policies, including conflict of interest and whistleblower protections, further illustrate the organization's commitment to transparency and ethical practices.
While the data reflects the strengths of Ar-Rayyan Institute Inc, it is essential to recognize that ongoing monitoring and evaluation of their programs will be crucial for sustained success. The organization’s focus on accountability is commendable, but ensuring that it continues to meet the needs of its beneficiaries will be vital for maintaining its high standards.
This AI summary has been generated from information found on Charity Navigator.
Is Ar-Rayyan Institute Inc legitimate?
Ar-Rayyan Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ar-Rayyan Institute 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: $0
Professional Fundraising Fees: $10,087
Other Salaries and Wages: $5,198
For more financial information, click here
What is the mission statement of Ar-Rayyan Institute Inc?
Ar-Rayyan Institute Inc's mission is centered around educating individuals about Islam and the religious texts. The organization strives to accomplish this through teaching and learning sessions, fostering a comprehensive understanding of Islamic beliefs and scriptures. By providing this educational service, Ar-Rayyan Institute Inc contributes to the spiritual growth and knowledge of its students. The institution may also offer resources and guidance to help individuals deepen their understanding and connection with their faith.
Who is the CEO of Ar-Rayyan Institute Inc?
Muhammad Hasan is the President of Ar-Rayyan Institute Inc.
What is the revenue of Ar-Rayyan Institute Inc?
Ar-Rayyan Institute Inc's revenue in 2022 was $101,459.
Who are the executives of Ar-Rayyan Institute Inc and what are their salaries?
The average compensation at Ar-Rayyan Institute Inc during 2022 was $1,733. There are 3 employees and 3 volunteers at Ar-Rayyan Institute Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ar-Rayyan Institute Inc?
Ar-Rayyan Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ar-Rayyan Institute Inc
Ar-Rayyan Institute Inc is dedicated to imparting Islamic education and fostering an understanding of religious texts. Their mission, as stated, revolves around teaching the principles and teachings of Islam, focusing on the study of religious books. By providing this educational service, Ar-Rayyan Institute Inc seeks to contribute to the development of individuals who are well-versed in their faith.
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Impact
October, 2024
Ar-Rayyan Institute Inc significantly contributes to the community by fostering a deep understanding of Islamic education and the religious texts. Located in Southwest Ranches, Florida, the institute focuses on equipping individuals with knowledge that is vital for personal growth and spiritual development. Through its dedicated teaching programs, it emphasizes the importance of lifelong learning in Islam, encouraging students to engage with the religious books meaningfully. This not only strengthens individual faith but also enhances the community's overall understanding of Islamic principles, promoting a harmonious and informed society. The institute's commitment to religious education creates a supportive environment for people of all ages to explore and embrace their faith, thereby impacting both personal lives and the broader community.
This information is meant to be a general summary of Ar-Rayyan Institute 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: $101,459
- Gross Receipts: $101,459
Assets and Liabilities:
- Total Assets: $179,312
- Total Liabilities: $0
- Net Assets: $179,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$101,459
Organization Details
Founding Year
2018
Principal Officer
Muhammad Hasan
Main Address
5033 SW 160TH AVE, SOUTHWEST RANCHES, FL, 33331
NTEE Category
Code: X40 - Religion related
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