Guidance College Inc is located in Houston, TX. The organization was established in 2013. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guidance College 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 12/2021, Guidance College Inc generated $941.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $533.4k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSTITUTE THAT PROVIDES ACOMPEREHENSIVE UNDERSTANDING OF THE ISLAMIC FAITH AND CIVILIZATION BENEFITING THE SOCIETY AS A WHOLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mahmoud Rabi Chairman | OfficerTrustee | 40 | $0 |
Main Alqudah President | OfficerTrustee | 40 | $0 |
Amy Barnhill Member | Trustee | 5 | $0 |
Mouna Younes Treasurer | Trustee | 40 | $0 |
Nidal Zaidat Member | Trustee | 5 | $0 |
Amr Elbakri Member | Trustee | 5 | $0 |
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 | $790,990 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $790,990 |
Total Program Service Revenue | $50,719 |
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 | $941,421 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $197,474 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $100,257 |
Fees for services: Legal | $42,000 |
Fees for services: Accounting | $14,775 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $62,512 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,000 |
Advertising and promotion | $16,668 |
Office expenses | $17,476 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $24,205 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,353 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $640 |
Insurance | $1,527 |
All other expenses | $0 |
Total functional expenses | $533,413 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $463,836 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $294,803 |
Investments—publicly traded securities | $382 |
Investments—other securities | $6,810 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $765,831 |
Accounts payable and accrued expenses | $7,361 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $7,361 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $758,470 |
Total liabilities and net assets/fund balances | $765,831 |
Over the last fiscal year, we have identified 3 grants that Guidance College Inc has recieved totaling $900.
Awarding Organization | Amount |
---|---|
Tabbaa Foundation Grand Blanc, MI PURPOSE: EDUCATIONAL | $500 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $200 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $200 |
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Texas Wesleyan University Fort Worth, TX | $187,144,342 | $108,798,845 |
Hardin-Simmons University Abilene, TX | $364,651,432 | $94,074,650 |
Austin College Sherman, TX | $297,085,241 | $79,413,708 |
Our Lady Of The Lake University Of San Antonio San Antonio, TX | $113,222,017 | $76,356,070 |
Concordia University Texas Austin, TX | $144,062,806 | $77,596,323 |
Letourneau University Longview, TX | $118,292,663 | $66,156,893 |
Southern Nazarene University Bethany, OK | $123,009,250 | $68,249,636 |
East Texas Baptist University Marshall, TX | $165,907,529 | $69,149,691 |
The University Of Texas Texas A M Investment Management Company Austin, TX | $52,069,429 | $55,635,723 |
University Of The Ozarks Clarksville, AR | $205,934,945 | $43,250,374 |
Centenary College Of Louisiana Shreveport, LA | $197,546,239 | $39,039,604 |
Howard Payne University Brownwood, TX | $111,822,248 | $40,380,501 |