Iqra Academy Of The Twin Cities

Organization Overview

Iqra Academy Of The Twin Cities is located in Minneapolis, MN. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Iqra Academy Of The Twin Cities employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iqra Academy Of The Twin Cities 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 12/2023, Iqra Academy Of The Twin Cities generated $245.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $204.8k during the year ending 12/2023. While expenses have increased by 44.3% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

IQRA ACADEMY IS A NONPROFIT CULTURAL AND EDUCATIONAL INSTITUTE THAT HAS BEEN FORMED EXCLUSIVELY FOR BASIC ISLAMIC EDUCATION. THE CENTER PLAYS VITAL ROLE IN THE LIVES OF MUSLIM CHILDREN IN SOUTH MINNEAPOLIS, MINNESOTA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IQRA ACADEMY OFFERS ISLAMIC AND QURANIC STUDIES AND ARABIC LANGUAGE TRAINING THROUGH THE MEDIUM OF ORGANIZED COURSES,AND WEEKEND EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Mohamed Galal
Board Member
$11,625
Mohamed Ahmed
Board Member
$11,625

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$245,663
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 $245,663

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