Overview
What is Salam Academy Incorporated?
Salam Academy Incorporated is a nonprofit institution situated in an unspecified location. Its primary focus is on providing education to elementary and middle school students. During the 2021-2022 academic year, the academy served a student body of 100 learners, with 40 achieving high honor roll status and an additional 20 receiving honor roll awards. Moreover, the academy encouraged its students in the memorization of the Quran, and 19 of them qualified for the Central New Mexico Regional Science competition. Salam Academy Incorporated plays a significant role in shaping the education of young learners in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Salam Academy Incorporated has received a solid Three-Star rating from Charity Navigator, indicating a satisfactory performance in both accountability and finance. The organization has achieved high scores in several key areas, such as maintaining a fully independent board and having no material diversion of assets. Additionally, they have implemented comprehensive policies related to conflict of interest and whistleblower protection, highlighting their commitment to transparency and ethical governance.
User feedback from Great Nonprofits underscores the organization's strong community impact, particularly through the dedication of its volunteers. Reviewers express admiration for the unwavering commitment of volunteers who contribute significant time and effort, often under financial constraints. The organization has shown impressive results in educational outcomes, with students excelling in various competitions, suggesting effective programming and support despite the challenges related to funding.
While the overall performance is commendable, the recurring issue of funding shortages at the end of the year is noted, indicating a potential area for improvement. This reliance on community support emphasizes the importance of continued donor engagement and strategic planning to ensure the sustainability of their programs and services.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Salam Academy Incorporated legitimate?
Salam Academy Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salam Academy Incorporated 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: $518,048
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What is the mission statement of Salam Academy Incorporated?
Salam Academy Incorporated, as an educational institution, focuses on educating elementary and middle school students. During the 2021-2022 academic year, the academy had a student body of 100 learners, with 40 high honor roll recipients and 20 honor roll awardees. Moreover, students participated in the memorization of the Quran, and 19 of them qualified for the Central New Mexico Regional Sci. The academy's mission, however, is not explicitly stated in the provided information.
Who is the CEO of Salam Academy Incorporated?
Tariq Khraishi is the President of Salam Academy Incorporated.
What is the revenue of Salam Academy Incorporated?
Salam Academy Incorporated's revenue in 2022 was $1,016,209.
Who are the executives of Salam Academy Incorporated and what are their salaries?
The average compensation at Salam Academy Incorporated during 2022 was $13,633. There are 38 employees at Salam Academy Incorporated.
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Where can I find the form 990 for Salam Academy Incorporated?
Salam Academy Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salam Academy Incorporated
Salam Academy Incorporated is committed to educating elementary and middle school students. During the 2021-2022 academic year, the institution served a student body of 100 learners, demonstrating its dedication to nurturing young minds. The academy's efforts were recognized with 40 high honor roll recipients and 20 honor roll awardees, highlighting the success and hard work of its students. Furthermore, Salam Academy Incorporated fostered a sense of academic curiosity among its students, with 19 qualifiers for the Central New Mexico Regional Science Competition. Beyond academic achievements, the academy also encouraged spiritual growth by providing opportunities for students to participate in the memorization of the Quran.
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Impact
July, 2024
Salam Academy Incorporated has made a significant impact in the education sector by providing a high-quality learning environment for elementary and middle school students. In the 2021-2022 school year, the academy demonstrated its commitment to academic excellence with a student body of 100 learners. Impressively, Salam Academy had 40 high honor roll recipients and 20 honor roll awardees, showcasing the dedication of both students and educators to achieving academic success.
Moreover, the academy's emphasis on holistic education is evident through its involvement in activities such as Quran memorization. This focus on spiritual and intellectual development sets Salam Academy apart and enriches the educational experience for its students.
Additionally, Salam Academy's success extends beyond academics, with 19 qualifiers for the Central New Mexico Regional Science Fair produced by the academy. This achievement highlights the academy's commitment to fostering a culture of curiosity and innovation among its students.
In summary, Salam Academy Incorporated's impact on elementary and middle school education is profound, as evidenced by its academic achievements, commitment to holistic education, and success in promoting scientific inquiry and innovation among its students.
This information is meant to be a general summary of Salam Academy Incorporated. 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: $1
- Program Service Revenue: $807,772
- Gross Receipts: $1,016,209
Assets and Liabilities:
- Total Assets: $1,219,876
- Total Liabilities: $160,377
- Net Assets: $1,059,499
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Fees
Revenue
$734,578
CACFP Food Program
Revenue
$18,871
Online Class
Revenue
$6,000
School Fees
Revenue
$41,097
Day Care Fees
Revenue
$990
Organization Details
Founding Year
2001
Phone
(505) 888-7688Principal Officer
Tariq Khraishi
Main Address
8015 Mountain Road Place NE, Albuquerque, NM, 87110
NTEE Category
Code: B20 - Education
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