Al-furqan Academy Inc is a 501(c)(3) organization based in Lilburn, Georgia, registered in 2014, with $935,113 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$935K
▲ 1.0% vs prior year
Education median: $200K
Expenses (FY2024)
$968K
Net assets
$22K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Al-furqan Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Al-furqan Academy Inc: 0 mo reserves · -3% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Al-furqan Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Al-furqan Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $314K (FY2019) to $935K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$22K
Total liabilities
$0
Net assets
$22K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $935,113▲1.0% | $967,650▲11.0% | $22,248▼59.4% | $22,248▼59.8% | 990 |
| 2023 | $926,167▼4.5% | $872,044▼5.2% | $54,785▲8176% | $55,377▲3169% | 990 |
| 2022 | $969,750▲63.4% | $920,032▲55.4% | $662▲101% | $1,694▼87.3% | 990 |
| 2021 | $593,357▲176% | $592,045▲130% | -$49,056▲2.6% | $13,307▲1159% | 990 |
| 2020 | $215,251▼31.5% | $257,801▼8.0% | -$50,368▼544% | $1,057▼92.0% | 990 |
| 2019 | $314,443 | $280,157 | -$7,818 | $13,132 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Al-furqan Academy Inc (EIN 32-0431491) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.