Is An Noor Academy Inc Legit?

An Noor Academy Inc. demonstrates consistent financial activity, with revenues steadily increasing from $1,202,085 in 2011 to $2,369,229 currently. The organization generally operates with a narrow surplus or deficit, indicating that most revenue is expended on operations. For instance, in 2018, revenues were $2,057,325 against expenses of $2,034,872, showing a small surplus. However, there have been periods of deficit spending, such as in 2016 and 2015, where expenses exceeded revenues by $81,220 and $191,412 respectively. This suggests a tight operational budget and a reliance on consistent funding to cover costs. The organization's assets have shown growth over time, from $266,650 in 2011 to $550,063 currently, indicating some accumulation of resources. However, liabilities have also been significant, sometimes exceeding assets, as seen in 2018 ($465,013 liabilities vs. $453,218 assets) and 2017 ($484,844 liabilities vs. $450,596 assets). This suggests a reliance on debt or short-term obligations to finance operations or assets. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and operational model, suggesting a volunteer-driven or very lean administrative structure at the top.