Nonprofit · EIN 26-1300145
IQA FOUNDATION
Also known as DBA YUSUF KAVAKCI YZK INSTITUTE
Tax-exempt (reinstated) · PLANO, TX 75074
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $3,101,489 | $2,861,611 | $239,878 | $8,510,529 | $1,608,247 | $6,902,282 |
| July 31, 2024 | 990 | $2,956,558 | $2,619,661 | $336,897 | $6,551,755 | $1,681,073 | $4,870,682 |
| July 31, 2023 | 990 | $3,092,515 | $2,423,603 | $668,912 | $4,977,506 | $1,754,360 | $3,223,146 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $375,993
- Program service revenue
- $2,712,116
- Investment income
- $0
- Other revenue
- $13,380
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,957,795
- Salaries, compensation and benefits (total)
- $2,100,916
- Professional fundraising fees
- $0
- Accounting fees
- $9,915
- Depreciation
- $107,578
- Program services (functional)
- $2,812,545
- Management and general (functional)
- $5,631
- Fundraising (functional)
- $43,435
Balance sheet and other
- Total assets, start of year
- $6,551,755
- Total assets, end of year
- $8,510,529
- Total liabilities, end of year
- $1,608,247
- Net assets, end of year
- $6,902,282
- Land, buildings and equipment
- $3,430,899
- Net assets without donor restrictions
- $6,902,282
- Gross receipts
- $3,101,489
- Employees
- 80
- Year formed
- 2007
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYED HUQ | CHAIRMAN Trustee or director | 10 | $0 |
| KAMRAN HOSAIN | TREASURER Trustee or director, Officer | 15 | $0 |
| CYNTHIA SIDDIQUI | SECRETARY Trustee or director | 10 | $0 |
| AAMIR PANJWANI | TRUSTEE Trustee or director | 10 | $0 |
| SHAFIQ DHARAMSI | TRUSTEE Trustee or director | 10 | $0 |
| TALHA HASHMI | TRUSTEE Trustee or director | 10 | $0 |
990 for the year ended July 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AAMIR PANJWANI | TRUSTEE Trustee or director | 10 | $0 |
| SHAFIQ DHARAMSI | TRUSTEE Trustee or director | 10 | $0 |
| TALHA HASHMI | TRUSTEE Trustee or director | 10 | $0 |
| SYED HUQ | CHAIRMAN Trustee or director | 10 | $0 |
| CYNTHIA SIDDIQUI | SECRETARY Trustee or director | 10 | $0 |
| KAMRAN HOSAIN | TREASURER Trustee or director, Officer | 15 | $0 |
990 for the year ended July 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AAMIR PANJWANI | TRUSTEE Trustee or director | 10 | $0 |
| SHAFIQ DHARAMSI | TRUSTEE Trustee or director | 10 | $0 |
| TALHA HASHMI | TRUSTEE Trustee or director | 10 | $0 |
| SYED HUQ | CHAIRMAN Trustee or director | 10 | $0 |
| CYNTHIA SIDDIQUI | SECRETARY Trustee or director | 10 | $0 |
| KAMRAN HOSAIN | TREASURER Trustee or director, Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 3600 K AVE, PLANO, TX 75074-2314
- In care of
- % KAMRAN HOSAIN
- Principal officer (990 for 2024)
- KAMRAN HOSAIN, P O Box 850994, Richardson, TX 75085
- Signed the 990
- KAMRAN HOSAIN, TREASURER
- Phone
- (972) 849-7182
- Website
- www.goodtreeacademy.org
- Return prepared by
- FERDOUS SIKDER CPA PLLC
Mission
CULTIVATING THE NEXT GENERATION OF AMERICAN MUSLIM SCHOLARS
Program accomplishments
- Good Tree Academy is an educational institution open to students of pre-school through 12th grade. The school seeks to develop the whole-child through a balance of Islamic Guidance and study of conventional subjects. The curricullum incorporates subjects that promote leadership and scholarship across the board so the individual child is successful.Expenses $2,812,545 · revenue $3,101,488
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 26-1300145
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A12)
- Assets (IRS master file)
- $8,510,529
- Income (IRS master file)
- $3,101,489
Revocation and reinstatement
- Exemption revoked
- December 15, 2012
- Posted by the IRS
- March 11, 2013
- Reinstated
- Effective December 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $3,101,489 | $2,861,611 | $8,510,529 | XML |
| 990 | July 2024 | $2,956,558 | $2,619,661 | $6,551,755 | XML |
| 990 | July 2023 | $3,092,515 | $2,423,603 | $4,977,506 | XML |
| 990 | July 2022 | $2,469,464 | $1,888,410 | $4,752,473 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1300145).
Questions about IQA FOUNDATION
- What is the EIN of IQA FOUNDATION?
- The employer identification number (EIN) of IQA FOUNDATION is 26-1300145.
- Is IQA FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on December 15, 2012 and reinstated it effective December 15, 2012.
- Are donations to IQA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IQA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IQA FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IQA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of IQA FOUNDATION?
- The 990 for the year ended July 31, 2025 names KAMRAN HOSAIN.
- Who are the officers and directors of IQA FOUNDATION?
- The 990 for the year ended July 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does IQA FOUNDATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $3,101,489, expenses of $2,861,611 and total assets of $8,510,529 at year end.
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