990 Scout/ Malik Academy/ Financials

Financial Information for Malik Academy

Malik Academy's annual revenue was $1.5M in tax year 2024, reported on their IRS Form 990. They spent $1.1M in total expenses. 87% went to programs and services.

Financial Breakdown

What is Malik Academy's total annual expenses?

Malik Academy spent $1.1M in tax year 2024, according to their IRS Form 990 filing.

How much of Malik Academy's budget goes to programs?

Malik Academy spent $941K (87% of expenses) on programs and services in tax year 2024.

How much does Malik Academy spend on overhead?

Malik Academy's overhead in tax year 2024 includes administrative (12%) and fundraising (1%) of their expenses.

What is Malik Academy's net worth?

Malik Academy had net assets of $909K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.