The Arab Educational Council
- Assets
- $2.0m
- Revenue
- $188.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1994
- Data as of
- 12/2022
- EIN
- 36-3893174
Organization Overview
The Arab Educational Council is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Arab Educational Council 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 12/2022, Arab Educational Council generated $188.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $95.0k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL PROGRAMS TO THE COMMUNITY AS DRAFTED BY CHARTER OF ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIOANL & FINANCIAL PROGRAM TO HELP COMMUNITY ACCORDING TO THE CHARTER OF THE ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Okab Hassan Director | Trustee | 20 | $0 |
Frank Bustami Director | Trustee | 20 | $0 |
Mohammad Abuha Director | Trustee | 20 | $0 |
Amy Hassan Director | Trustee | 20 | $0 |
Watfa Razik Director | Trustee | 20 | $0 |
Mustafa Abukhalil Director | Trustee | 20 | $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 | $188,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,215 |
| 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 | $188,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,624 |
| Grants and other assistance to domestic individuals. | $16,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,986 |
| Compensation of current officers, directors, key employees. | $28,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,160 |
| Insurance | $0 |
| All other expenses | $2,755 |
| Total functional expenses | $95,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,782,186 |
| 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 | $191,694 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,973,880 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $1,973,880 |
| Total liabilities and net assets/fund balances | $1,973,880 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Arab Educational Council has recieved totaling $236,365.
| Awarding Organization | Amount |
|---|---|
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $236,365 |
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|---|---|---|
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School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Peoria Charter School Initiative Co Peoria, IL | $5,778,002 | $7,687,144 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
American Academy Of Art Inc Chicago, IL | $17,980,705 | $6,234,752 |
Northern Kentucky Cooperative For Educational Services Cold Spring, KY | $3,770,107 | $6,540,936 |
Jewish Community Center Association Of Indianapolis Incorporated Indianapolis, IN | $4,270,447 | $7,644,985 |