Civic Intelligence

The Huda Academy

990 • Fiscal year 2017 • EIN 71-0846036

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 10, 2018

3221 Anna StreetLittle Rock, AR 72204

(501) 565-3555

Siviq Scores

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

Liabilities / Assets

64th percentile

0.11x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.07x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

62nd percentile

8.8%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

84th percentile

34%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

7.6%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$540,408

Up $135,824 (+34%) from 2016

Net Assets

Up

$479,486

Up $80,987 (+20%) from 2016

Liabilities

Up

$60,922

Up $54,837 (+901%) from 2016

Revenue

Up

$918,720

Up $64,526 (+7.6%) from 2016

Expenses

Up

$837,733

Up $49,955 (+6.3%) from 2016

Net Income

Up

$80,987

Up $14,571 (+22%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $63,871Liabilities 2010: $0Net Assets 2010: $63,8712010Assets 2011: $131,646Liabilities 2011: $0Net Assets 2011: $131,6462011Assets 2012: $198,465Liabilities 2012: $0Net Assets 2012: $198,4652012Assets 2016: $404,584Liabilities 2016: $6,085Net Assets 2016: $398,4992016Assets 2017: $540,408Liabilities 2017: $60,922Net Assets 2017: $479,4862017Assets 2018: $751,322Liabilities 2018: $62,547Net Assets 2018: $688,7752018Assets 2020: $880,757Liabilities 2020: $58,580Net Assets 2020: $822,1772020Assets 2021: $1,018,420Liabilities 2021: $62,009Net Assets 2021: $956,4112021Assets 2022: $1,648,820Liabilities 2022: $71,014Net Assets 2022: $1,577,8062022Assets 2024: $2,016,653Liabilities 2024: $57,978Net Assets 2024: $1,958,6752024

Highlighted filing

2017

Assets$540,408
Liabilities$60,922
Net Assets$479,486

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $355,4092010Expenses 2011: $343,5982011Expenses 2012: $404,2212012Revenue 2016: $854,194Expenses 2016: $787,778Net Income 2016: $66,4162016Revenue 2017: $918,720Expenses 2017: $837,733Net Income 2017: $80,9872017Revenue 2018: $1,178,016Expenses 2018: $919,612Net Income 2018: $258,4042018Revenue 2020: $1,244,064Expenses 2020: $1,081,830Net Income 2020: $162,2342020Revenue 2021: $1,170,379Expenses 2021: $1,036,145Net Income 2021: $134,2342021Revenue 2022: $1,877,525Expenses 2022: $1,256,130Net Income 2022: $621,3952022Revenue 2024: $1,851,165Expenses 2024: $1,658,685Net Income 2024: $192,4802024

Highlighted filing

2017

Revenue$918,720
Expenses$837,733
Net Income$80,987
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 10, 2018
Return Version
2017v2.3
Gross Receipts
$949,016
Mission and Program Overview

Mission

EDUCATION OF CHILDREN.

Our primary mission is to give students a strong sense of belonging to the muslim community, to provide excellent well-rounded education in a healthy islamic environment, and to provide students with a solid grounding in islam and arabic, which will enable them to live god conscious lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$181,336$197,991▲ $16,655
Cash and Non-Interest-Bearing Accounts$140,695$172,848▲ $32,153
Land, Buildings, and Equipment, Net$60,063$164,571▲ $104,508
Total Assets$404,584$540,408▲ $135,824
Other Assets Total$22,490$4,998▼ $17,492
Liabilities
Unsecured Notes Loans Payable-$57,000-
Other Liabilities-$2,759-
Accounts Payable and Accrued Expenses$6,085$1,163▼ $4,922
Total Liabilities$6,085$60,922▲ $54,837
Net Assets / Fund Balance
Unrestricted Net Assets$398,499$479,486▲ $80,987
Total Net Assets Fund Balance$398,499$479,486▲ $80,987
Total Liabilities and Net Assets / Fund Balance$404,584$540,408▲ $135,824

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$118,330$841$119,171
Equipment$41,645$59,582$101,227
Other Land Buildings$4,596$10,357$14,953
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ahsan AliChairman
Yasir SultanVice Chairma
Mostafa El-sayedBoard Member
Syed MohsinBoard Member
Ali JarallahFinance Offi
Revenue and Support

Revenue Composition

Contributions and Grants
$431,652
Program Service Revenue
$517,364
Investment Income
$0
Other Revenue
$-30,296
All Other Contributions
$8,252
Change in Net Assets
$80,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$614,795
Other Expenses$222,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$562,894--$562,894
Office Expenses$52,012--$52,012
Occupancy$43,337--$43,337
Payroll Taxes$43,061--$43,061
Fees for Services Other$31,492--$31,492
Depreciation Depletion$14,663--$14,663
Other Employee Benefits$8,840--$8,840
Conferences and Meetings$6,626--$6,626
Fees for Services Accounting$5,675--$5,675
Information Technology$5,602--$5,602
Advertising$4,726--$4,726
Other Expenses$3,225--$3,225
All Other Expenses$1,489--$1,489
Travel$347--$347
Total Functional Expenses$837,733$0$0$837,733
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$30,296
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ramadan Fundrai$330,000-$7,000-
Annual Banquet$93,400-$23,296-
Total Events$423,400-$30,296$-30,296
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$2,759
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is thoroughly reviewed by the organization's management prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board monitors and enforces the conflicts of interest policy.

Form 990, Page 6, Part VI, Line 15A

Compensation for top officials is reviwed and accepted by the board and management.

Form 990, Page 6, Part VI, Line 15B

Compensation for officers and key employees is reviwed and accepted by the board and management.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Huda Academy
EIN
71-0846036
Phone
5015653555
Address
3221 ANNA STREET, LITTLE ROCK, AR 72204

Signing Officer

Name
Yasir Sultan
Title
Vice Chairman
Phone
5012211000
Signed
2018-08-10

Organization Details

Principal Officer
Yasir Sultan
Formed
2000
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
25
Volunteers
25

Preparer

Firm
Hudson Cisne & Co Llp
Address
11025 ANDERSON DR STE 300, LITTLE ROCK, AR 72212-2472
Preparer
Paul Osborn
Phone
5012211000
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MONITORS AND ENFORCES THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR TOP OFFICIALS IS REVIWED AND ACCEPTED BY THE BOARD AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIWED AND ACCEPTED BY THE BOARD AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YASIR SULTAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05012211000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE HUDA ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0HUDA
ReturnHeader/Filer/EIN0710846036
ReturnHeader/Filer/PhoneNum05015653555
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A9F90DCD5BAA226EB8719DF9ADFDFC918D99FF98
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A9F90DCD5BAA226EB8719DF9ADFDFC918D99FF98
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.162.88.226
ReturnHeader/FilingSecurityInformation/IPDt02018-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:48:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710650689
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUDSON CISNE & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011025 ANDERSON DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0722122472
ReturnHeader/PreparerPersonGrp/PhoneNum05012211000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL OSBORN
ReturnHeader/ReturnTs02018-08-10T16:48:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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