Ar-Raheem Academy Inc

Organization Overview

Ar-Raheem Academy Inc is located in Waltham, MA. The organization was established in 2018. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ar-Raheem Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2019, Ar-Raheem Academy Inc generated $301.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $261.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TUTORIAL STUDIES IN ACADEMICS AND RELIGIOUS STUDIES THAT WILL PROVIDE THE NECESSARY SKILLS FOR OUR NEXT GENERATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYROLL FOR THE ACADEMY


OCCUPANCY


UTILITIES


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Board, Officers & Key Employees

Name (title)Compensation
Abdul K Kasozi
Treasurer
$0
Taimur Khan
Secretary
$0
Mohammed Asifuddin
President
$0
Syed Y Raheem
Director
$0
Taha Saddiqui
Director
$0
Syed Tareq Bokhary
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$301,063
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$301,063
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $301,063

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