NonprofitsMerrimack Valley Islamic Academy Inc

Education

Merrimack Valley Islamic Academy Inc

METHUEN, MA

Total revenue

$1.9M

Total expenses

$1.1M

Net assets

$1.2M

Grants received

$54K

14 grants

EIN

043549933

Tax year

2023

Mission

The aim of the islamic academy is to give our children an islamic identity and a high quality education. This includes state-of-the-art training in physical and social sciences, and at the same time inculcation of the values, which make individuals good human beings and useful members of society.

Programs

1 program

The organization operates a faith-based accredited school from pre-k 3 to 8th grade. The organization is accredited by new england association of schools and colleges (neasc). The organization currently enrolls 169 students.

Financials

FY 2023

Revenue

Contributions & grants$294K
Program service revenue$1.5M
Investment income$129K
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$738K
Fundraising$63K
Other expenses$353K
Total expenses$1.1M
Total assets$1.4M
Net assets$1.2M

People

6 listed

NameRoleCompensation

NADJETTE LAZZOUNI

PRINCIPAL

Board

$90K

40 hrs/wk

RASHID KHAN

PRESIDENT

Board

2 hrs/wk

ALAA ABOU MAHMOUD

CLERK

Board

2 hrs/wk

OMAR RAFIK

SECRETARY

Board

2 hrs/wk

ABUBAKKAR SIDDIQ

DIRECTOR

Board

2 hrs/wk

ZAHEER SHAIK

TREASURER

Board

5 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$5K
PROGRAM/OPERATING SUPPORT
2023
$2K
GENERAL SUPPORT
2023
$10K
GENERAL SUPPORT
2022
$4K
PROGRAM/OPERATING SUPPORT
2022
$3K
PROGRAM/OPERATING SUPPORT
2022
$2K
GENERAL SUPPORT
2022
$2K
PROGRAM/OPERATING SUPPORT
2022
$850
PROGRAM/OPERATING SUPPORT
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$1K
GENERAL SUPPORT
2021
$2K
EMPLOYEE MATCHING GRANT
2020
$1K
GENERAL SUPPORT
2020

Funded by

$54K from 6 funders · 14 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$15K · 5 grants · 2022–2023

The Blackbaud Giving Fund

$10K · 1 grant · 2022

Analog Devices Foundation

$6K · 4 grants · 2020–2023

Ibm International Foundation

$2K · 1 grant · 2020

Texas Instruments Foundation

$500 · 1 grant · 2024

Details

EIN043549933
NTEE codeB20
Subsection03
Ruling date2002-04
Formed2001
Employees50
Volunteers200
MERRIMACK VALLEY ISLAMIC ACADEMY INC — Mission, Financials & Grants Received | Grantivo