Burhan Academy
Nonprofit profile at a glance
- EIN
- 993225672
- IRS 990 coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Elgin, IL, US
- Phone
- (815) 900-9988
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $4,945,701
- Expenses
- $444,257
- Assets
- $4,507,954
- Liabilities
- $6,510
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Dr Yasir Nadeem al Wajidi (President)
- Dr Hamid Nazeer (Vice President)
People named in this filing
- Dr Yasir Nadeem al Wajidi (President)
- Dr Mohammed Tajammul Hussain (Secretary)
- Naeem Sarwar (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Burhan Academy’s mission is to deliver a holistic education, incorporating an Islamic perspective into the academic curriculum.
What it reported doing in 2024
Burhan Academy provides high-quality, full-time education for Pre-K to 12th grade students, focusing on strong academics, character development, and personal growth. The school is dedicated to creating a supportive learning environment that prepares students to excel academically and become responsible, contributing members of their community.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 92
- Accountability: 0
- Sustainability: 95
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.4%; rating input score 6
- Program expense ratio: 70.9%; rating input score 71
- Fundraising efficiency: $68.09 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 91%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 10.15; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 6.4% of revenue deployed · 70.9% of spending went to programs
- Governance: 0 of 7 filing controls reported · 0 of 6 affiliation controls reported
- Programs: 1 filed program accomplishment · $315K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Accountability: Governance controls: 6 of 6 not reported.