Civic Intelligence

Malik Academy Inc

990 • Fiscal year 2020 • EIN 20-1276247

Aug 01, 2019 to Jul 31, 2020 • Filed on May 11, 2021

808 Memorial DriveCambridge, MA 02139

(617) 832-5106

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.25x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.31x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

25th percentile

-2.6%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-21%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$195,132

Down $5,249 (-2.6%) from 2019

Net Assets

Down

-$48,205

Down $92,991 (-208%) from 2019

Liabilities

Up

$243,337

Up $87,742 (+56%) from 2019

Revenue

Down

$792,543

Down $213,483 (-21%) from 2019

Expenses

Down

$885,534

Down $69,661 (-7.3%) from 2019

Net Income

Down

-$92,991

Down $143,822 (-283%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $73,258Liabilities 2011: $20,048Net Assets 2011: $53,2102011Assets 2012: $97,952Liabilities 2012: $14,404Net Assets 2012: $83,5482012Assets 2013: $117,454Liabilities 2013: $58,552Net Assets 2013: $58,9022013Assets 2014: $129,002Liabilities 2014: $71,545Net Assets 2014: $57,4572014Assets 2015: $107,645Liabilities 2015: $60,786Net Assets 2015: $46,8592015Assets 2016: $158,976Liabilities 2016: $75,187Net Assets 2016: $83,7892016Assets 2017: $166,193Liabilities 2017: $102,777Net Assets 2017: $63,4162017Assets 2018: $143,272Liabilities 2018: $149,317Net Assets 2018: -$6,0452018Assets 2019: $200,381Liabilities 2019: $155,595Net Assets 2019: $44,7862019Assets 2020: $195,132Liabilities 2020: $243,337Net Assets 2020: -$48,2052020Assets 2021: $252,917Liabilities 2021: $320,901Net Assets 2021: -$67,9842021Assets 2022: $277,633Liabilities 2022: $240,238Net Assets 2022: $37,3952022Assets 2023: $501,187Liabilities 2023: $55,223Net Assets 2023: $445,9642023Assets 2024: $621,562Liabilities 2024: $70,944Net Assets 2024: $550,6182024Assets 2025: $1,008,059Liabilities 2025: $99,276Net Assets 2025: $908,7832025

Highlighted filing

2020

Assets$195,132
Liabilities$243,337
Net Assets-$48,205

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $589,897Expenses 2011: $573,152Net Income 2011: $16,7452011Expenses 2012: $667,8192012Expenses 2013: $809,0842013Revenue 2014: $922,443Expenses 2014: $923,888Net Income 2014: -$1,4452014Revenue 2015: $1,068,921Expenses 2015: $1,079,519Net Income 2015: -$10,5982015Revenue 2016: $1,046,251Expenses 2016: $1,009,321Net Income 2016: $36,9302016Revenue 2017: $1,029,567Expenses 2017: $1,049,940Net Income 2017: -$20,3732017Revenue 2018: $953,456Expenses 2018: $1,022,917Net Income 2018: -$69,4612018Revenue 2019: $1,006,026Expenses 2019: $955,195Net Income 2019: $50,8312019Revenue 2020: $792,543Expenses 2020: $885,534Net Income 2020: -$92,9912020Revenue 2021: $771,716Expenses 2021: $791,495Net Income 2021: -$19,7792021Revenue 2022: $758,955Expenses 2022: $704,058Net Income 2022: $54,8972022Revenue 2023: $1,008,656Expenses 2023: $791,637Net Income 2023: $217,0192023Revenue 2024: $1,106,575Expenses 2024: $1,001,721Net Income 2024: $104,8542024Revenue 2025: $1,452,289Expenses 2025: $1,081,244Net Income 2025: $371,0452025

Highlighted filing

2020

Revenue$792,543
Expenses$885,534
Net Income-$92,991
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Gross Receipts
$792,543
Mission and Program Overview

Mission

To offer a full-time school in the state of massachusetts to teach an excellent cirriculum in all subjects taught in the public schools in addition to the arabic language and islamic studies. The organization currently operates the albustan preschool located in cambridge along with the malik academy elementary school located in roxbury.

The organization's mission is to offer a full-time school in the state of massachusetts, and to teach an excellent curriculum in all subjects taught in the public schools, in addition to the arabic language and islamic studies. The organization currently operates the albustan preschool located in cambridge, along with the malik academy elementary school located in roxbury.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$72,252$100,104▲ $27,852
Cash and Non-Interest-Bearing Accounts$82,810$57,579▼ $25,231
Land, Buildings, and Equipment, Net$29,709$21,879▼ $7,830
Pledges and Grants Receivable$5,610$5,570▼ $40
Total Assets$200,381$195,132▼ $5,249
Other Assets Total$10,000$10,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$152,897$146,439▼ $6,458
Other Liabilities$2,698$96,898▲ $94,200
Total Liabilities$155,595$243,337▲ $87,742
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$44,786$-48,205▼ $92,991
Total Net Assets Fund Balance$44,786$-48,205▼ $92,991
Total Liabilities and Net Assets / Fund Balance$200,381$195,132▼ $5,249

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,879$74,381$96,260
Other Assets Org$10,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mona Abo-zenaPresident
Hassan El-alamiVice President/treasurer
Hafsa SalimDirector
Mehdi HaoulaniDirector
Seema RathodDirector
Nadeem SyedSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$66,584
Program Service Revenue
$725,959
Investment Income
$0
Other Revenue
$0
All Other Contributions
$47,124
Change in Net Assets
$-92,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$568,769
Other Expenses$316,765
Total Fundraising Expense$15,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$474,185$36,476$10,421$521,082
Occupancy$158,712$12,208$3,488$174,408
Fees for Services Other$43,696$4,107-$47,803
Payroll Taxes$43,395$3,338$954$47,687
Other Expenses$24,850--$24,850
Fees for Services Accounting-$14,625-$14,625
Office Expenses-$9,485-$9,485
Depreciation Depletion$7,678$590$169$8,437
Insurance-$6,982-$6,982
Conferences and Meetings-$2,285-$2,285
Travel-$100-$100
Total Functional Expenses$780,306$90,196$15,032$885,534
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Virtual Fundraiser$7,960---
Total Events$7,960---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tazeeya SyedRelated to Board MemberCompensation Paid to EmployeeNo$41,158
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program$85,200
Eidl Loan$10,000
Due to Employee$1,698
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Return is reviewed by staff and board prior to approval and submission

Form 990, Part VI, Section C, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
Malik Academy Inc
EIN
20-1276247
Phone
6178325106
Address
808 MEMORIAL DRIVE, CAMBRIDGE, MA 02139

Signing Officer

Name
Mona Abo-zena
Title
President
Phone
6178325106
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mona Abo-zena
Formed
2004
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
0

Preparer

Firm
Kevin P Martin & Associates Pc
Address
10 FORBES ROAD, BRAINTREE, MA 02184
Preparer
Alison Johnson CPA
Phone
7813803520
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RENTAL DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt285200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO EMPLOYEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EIDL LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYCHECK PROTECTION PROGRAM
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021879
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010000
IRS990ScheduleD/TotalLiabilityAmt096898
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN RECRUITMENT AND POST-ENROLLMENT MATERIALS, AND IN THE PARENT HANDBOOK (PROVIDED TO PARENTS OF ENROLLED STUDENTS).
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07960
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07960
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VIRTUAL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07960
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt07960
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TAZEEYA SYED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATED TO BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt041158
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION PAID TO EMPLOYEE
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS REVIEWED BY STAFF AND BOARD PRIOR TO APPROVAL AND SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0200381
IRS990/TotalAssetsEOYAmt0195132
IRS990/TotalAssetsGrp/BOYAmt0200381
IRS990/TotalAssetsGrp/EOYAmt0195132
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt066584
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015032
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090196
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0780306
IRS990/TotalFunctionalExpensesGrp/TotalAmt0885534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0155595
IRS990/TotalLiabilitiesEOYAmt0243337
IRS990/TotalLiabilitiesGrp/BOYAmt0155595
IRS990/TotalLiabilitiesGrp/EOYAmt0243337
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt044786
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-48205
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0780306
IRS990/TotalProgramServiceRevenueAmt0725959
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0725959
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0792543
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0200381
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195132
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0100
IRS990/TravelGrp/TotalAmt0100
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0808 MEMORIAL DRIVE
IRS990/USAddress/CityNm0CAMBRIDGE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002139
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0MALIKACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MONA ABO-ZENA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06178325106
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MALIK ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MALI
ReturnHeader/Filer/EIN0201276247
ReturnHeader/Filer/PhoneNum06178325106
ReturnHeader/Filer/USAddress/AddressLine1Txt0808 MEMORIAL DRIVE
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002139
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043097400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEVIN P MARTIN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 FORBES ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813803520
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALISON JOHNSON CPA
ReturnHeader/ReturnTs02021-05-17T11:14:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.01$0.10$0.91$1.45$1.08$0.37
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.07$0.55$1.11$1.00$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.06$0.45$1.01$0.79$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.24$0.04$0.76$0.70$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.32$0.07$0.77$0.79$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.24$0.05$0.79$0.89$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.16$0.04$1.01$0.96$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.15$0.01$0.95$1.02$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.10$0.06$1.03$1.05$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.08$0.08$1.05$1.01$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.06$0.05$1.07$1.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.07$0.06$0.92$0.92$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.06$0.06$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.01$0.08$0.67
2011Summary only. Only limited summary data is available for this year.$0.07$0.02$0.05$0.59$0.57$0.02