Al-rasheed Academy is a 501(c)(3) organization based in Lackawanna, New York, registered in 2016, with $1,134,517 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$1.1M
▲ 10.8% vs prior year
Education median: $200K
Expenses (FY2024)
$1.1M
Net assets
$30K
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-rasheed Academy— 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-rasheed Academy: 0 mo reserves · +1% 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-rasheed Academy— 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-rasheed Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $453K (FY2015) to $1.1M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$30K
Total liabilities
$0
Net assets
$30K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,134,517▲10.8% | $1,126,321▲8.6% | $29,527▲38.4% | $29,527▲38.4% | 990 |
| 2023 | $1,023,567▲5.0% | $1,037,380▲19.8% | $21,331▼39.3% | $21,331▼52.7% | 990 |
| 2022 | $974,906▲59.9% | $865,728▲42.8% | $35,144▲147% | $45,058▲73.5% | 990 |
| 2021 | $609,638▲62.0% | $606,270▲37.6% | -$74,034▲4.4% | $25,966▲14.9% | 990 |
| 2020 | $376,428▼15.3% | $440,605▼3.4% | -$77,402▼391% | $22,598▼15.2% | 990 |
| 2017 | $444,365▼9.9% | $455,902▼9.2% | $26,637▼30.2% | $26,637▼30.2% | 990 |
| 2016 | $493,442▲9.0% | $501,900▲12.5% | $38,174▼18.1% | $38,174▼18.1% | 990 |
| 2015 | $452,532 | $446,249 | $46,632 | $46,632 | 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.
Explore more
Data for Al-rasheed Academy (EIN 46-1945172) 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.