Thaqalayn
Business Model

A nonprofit school and a platform company, at arm's length

The school is funded by tuition and philanthropy. Mizan is funded by licences to centers, schools and families. Explore every assumption in the interactive planning model.

Two-entity structureThaqalayn Academy, a nonprofit in formation, runs the school and pays Mizan Learning, Inc. a standard $600 per student per year licence for the platform. The two have separate boards and a conflict-of-interest policy. Two entities, one missionSeparate boards, an arm's-length licence, and student data owned by families and the school.Thaqalayn AcademyCA nonprofit 501(c)(3), in formation• Runs the flagship school• Tuition, with ~25% average aid• Donations, grants, waqf giftsMizan Learning, Inc.Delaware C-corp (or PBC)• Builds and licenses Mizan• Centers, schools, families• Funded by private investmentLicence fee$600/student/yrPlatformFamilies · Donors · GrantsCenters · Schools · FamiliesSeparate boards · Conflict-of-interest policy · Data owned by families and the school

How the two entities work together

Thaqalayn Academy

California nonprofit 501(c)(3) (in formation). Runs the flagship school; raises donations, grants and endowment/waqf gifts.

Mizan Learning, Inc.

Delaware C-corp (or PBC). Builds and licenses Mizan; funded by private investment.

The licence

Arm's-length licence: the school pays Mizan the standard $600 per student per year.

  • Separate boards
  • Conflict-of-interest policy
  • Student data owned by families and the school

Khums and zakat

Khums/zakat eligibility has not been determined and must be confirmed with the offices of the maraji'. We make no claim of eligibility.

Planning model — not a forecast

Five years at a glance

Revenue by year: school and MizanStacked bars. Combined revenue grows from $492k in 2027–28 to $7.9M in 2031–32. Revenue by year: school and Mizan $0$2M$4M$6M$8M2027–28: school $480k, Mizan $12k, combined $492k$492k2027–282028–29: school $1.1M, Mizan $279k, combined $1.4M$1.4M2028–292029–30: school $2.1M, Mizan $1.0M, combined $3.1M$3.1M2029–302030–31: school $3.2M, Mizan $2.1M, combined $5.3M$5.3M2030–312031–32: school $4.5M, Mizan $3.4M, combined $7.9M$7.9M2031–32Thaqalayn AcademyMizan Planning model — not a forecast. Default assumptions; see /model.
Five-year planning model at default assumptions
YearStudentsSchool revenueSchool netMizan revenueMizan net
2027–2820$480,000−$420,000$12,000−$1,279,800
2028–2945$1,123,200−$197,600$279,000−$1,622,850
2029–3080$2,076,672−$448,864$1,008,000−$1,573,200
2030–31120$3,239,608−$281,216$2,076,000−$1,045,400
2031–32160$4,492,257−$152,082$3,420,000−$283,000

Planning model — not a forecast. Combined revenue ~$0.5M in 2027–28 → ~$7.9M in 2031–32. The school's operating gap totals ~$1.5M over five years, covered by philanthropy.

Open the interactive model

The philanthropic goal

The Academy is raising $6M in philanthropy to open the campus, support operations through the first five years, fund scholarships and build the curriculum and teaching team.

Support the school

Investors interested in Mizan Learning can request the investor materials.

Academy use of funds: $6M in philanthropyCampus fit-out $1.5M; Operating support $1.5M; Scholarships $2.0M; Curriculum & teachers $1.0M Academy use of funds: $6M in philanthropy Campus fit-outCampus fit-out: $1.5M — Campus fit-out, deposits, furniture, displays, ventilation, prayer space$1.5MOperating supportOperating support: $1.5M — Operating support, years 1–5$1.5MScholarshipsScholarships: $2.0M — Scholarship fund$2.0MCurriculum & teachersCurriculum & teachers: $1.0M — Curriculum, scholar board, teacher recruitment & training$1.0M Philanthropic goal for Thaqalayn Academy, years 1–5.