WISE Academy
Legal name: Wise Academy Inc
Nonprofit profile at a glance
- EIN
- 842921627
- IRS 990-EZ coverage
- 2022–2022
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990-EZ 2022, Form 990-N 2021
- Location
- Wheaton, IL, US
- Phone
- 8477644935
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development N.E.C.
Reported finances
- Revenue
- $99,962
- Expenses
- $35,280
- Assets
- $109,853
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SAMANA KHAN (PRESIDENT)
People named in this filing
- SAMANA KHAN (PRESIDENT)
- FAIZA WASIF (VICE PRESIDE)
- SYED AIYAZ AHMED (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At WISE Academy we recognize our Muslim students' need for belonging. We want students to have a special space to call their own - where they can learn, build friendships, and establish a strong Islamic identity to address today's challenges.
What it reported doing in 2022
Successfully imparted the moral and religious education to 170 students as part of our school's curriculum.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 82
- Sustainability: 72
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.6%; rating input score 35
- Program expense ratio: 98.2%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 64.7%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 3.11; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 34.6% of revenue deployed · 98.2% of spending went to programs
- Governance: 3 of 6 affiliation controls reported
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.