Horizon Academy Institute
Charitable organization · Calgary, Alberta · BN 814481420RR0001 · Islam · website
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($1,039,657) as filed with the CRA.
Horizon Academy Institute is a charitable organization based in Calgary, Alberta, classified by the CRA under islam. In its fiscal year ending September 30, 2024, it reported $926K in revenue and $1M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 80% from donations, 19% from government. In 2024, 2 other registered charities reported granting it a combined $251.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 41% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 3 permanent full-time positions.
Its filed list of directors and trustees shows 7 names.
In its own words
Horizon Academy Institute ('the Institute') manages a weekend community school which provides weekly instruction to children and youth in the Arabic language and Islamic studies. They are approximate to 20 parents volunteers each week that provide an average 40 hours of volunteering. They assist the teachers help with lunch and hallway supervision.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $926K | $1M | $888K | $2,487 | — | $700K |
| 2023 | $1.2M | $1M | $984K | $537 | — | $476K |
| 2022 | $957K | $846K | $785K | $10K | — | $160K |
| 2021 | $1.2M | $1.1M | $1M | $1,000 | — | $49K |
| 2020 | $1M | $791K | $753K | $6,195 | — | -$261 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $251 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9993 positions
- Permanent full-time positions3
- Total compensation, all staff$433K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Mustafa Abdalrahman (vice president); Husam Kinawi (secretary); Nazeef Muhammads (director); Noureddine Berka (treasurer); Hicham Abbadi (director); Sarah Abdelrahman (director); Khaldoun Sidawi (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Horizon Academy Institute’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 814481420RR0001), or read how we compute the receipt.