Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SURAD ACADEMY is a nonprofit organization dedicated to operating a charter school in Faribault, Minnesota, with a focus on enhancing educational opportunities. In the 2024 filing year, the organization operates on a budget of $1.3 million and reported total revenue of $1.1 million. SURAD ACADEMY does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at suradacademy.org.

Mission Statement

OPERATE A CHARTER SCHOOL IN FARIBAULT, MINNESOTA.
Revenues
$1.1M
Expenses
$1.3M
Net Income:
-$123.1K
Assets
$1.1M
Liabilities
$1.3M
Net Assets:
-$225.2K
Operating Budget
$1.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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N
Najax Siciid
Board Member
S
Sayidcali Ahmed
Board Member
C
Cheryl Wendt
Board Member

Frequently Asked Questions

What is SURAD ACADEMY’s budget?
In 2024, SURAD ACADEMY reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does SURAD ACADEMY support?
SURAD ACADEMY supports work in Charter school education.
Where does SURAD ACADEMY operate?
SURAD ACADEMY is headquartered in FARIBAULT, MN.
What is SURAD ACADEMY’s reliance on government grants?
SURAD ACADEMY relied on government grants for more than 95% of their total revenue in 2024.