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Nonprofit · EIN 45-5424452

A CONTINUOUS CHARITY FOUNDATION

Tax-exempt · IRVING, TX 75039

Financials

$2.6M$1.6M2023$2.4M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of A CONTINUOUS CHARITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,359,193$1,695,699$663,494$5,893,156$27,594$5,865,562
December 31, 2023990 (amended)$2,559,784$1,600,496$959,288$5,287,705$121,443$5,166,262
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,358,243
Program service revenue
$0
Investment income
$950
Other revenue
$0

Expenses

Grants and similar amounts paid
$136,095
Other salaries and wages
$820,203
Salaries, compensation and benefits (total)
$876,083
Professional fundraising fees
$809
Legal fees
$8,218
Accounting fees
$8,000
Travel
$38,546
Program services (functional)
$937,705
Management and general (functional)
$437,402
Fundraising (functional)
$320,592

Balance sheet and other

Total assets, start of year
$5,287,705
Total assets, end of year
$5,893,156
Total liabilities, end of year
$27,594
Net assets, end of year
$5,865,562
Gross unrelated business income
$950
Gross receipts
$2,359,193
Employees
0
Volunteers
0
Year formed
2012
State of legal domicile
MO

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ATHAR HAQPRESIDENT
Trustee or director
25$0
OLABIS RIDWAN AKANOVICE PRESIDENT
Trustee or director
1$0
AMMAR AHMEDTREASURER
Trustee or director
1$0
SAFEER MOHIUDDINSECRETARY
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ATHAR HAQPRESIDENT
Trustee or director, Officer
25$0
OLABIS RIDWAN AKANOVICE PRESIDENT
Trustee or director, Officer
1$0
AMMAR AHMEDTREASURER
Officer
1$0
SAFEER MOHIUDDINSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
955 W JOHN CARPENTER FWY SUITE 100, IRVING, TX 75039-2502
Signed the 990
ATHAR HAQ, PRESIDENT
Phone
(626) 221-3969
Return prepared by
MPB TAX ASSOCIATES LLC

Mission

EDUCATE STUDENTS IN FINANCIAL NEED

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES NON-INTEREST BASED LOANS TO STUDENTS TO HELP PAY FOR COLLEGE EDUCATION. AS LOANS ARE REPAID THE ORGANIZATION DOES NOT EXPECT, COLLECT, OR RECORD INTEREST. THE ORGANIZATION DOES NOT PROFIT FROM THESE LOANS, AS LOANS ARE REPAID, THE CAPITAL IS RE-AWARDED TO NEW APPLICATS. THIS IS THE ORGANIZATIONS SOLE PROGRAM SERVICE. ___ RECEIPIENTS WERE SERVICED THIS YEAR
    Expenses $937,705 · grants $114,095

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5424452
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$5,893,156
Income (IRS master file)
$2,359,193

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,359,193$1,695,699$5,893,156IRS
990December 2023$2,559,784$1,600,496$5,287,705XML
990December 2022$1,568,378$1,087,609$4,446,205IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 45-5424452).

Questions about A CONTINUOUS CHARITY FOUNDATION

What is the EIN of A CONTINUOUS CHARITY FOUNDATION?
The employer identification number (EIN) of A CONTINUOUS CHARITY FOUNDATION is 45-5424452.
Is A CONTINUOUS CHARITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to A CONTINUOUS CHARITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does A CONTINUOUS CHARITY 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 A CONTINUOUS CHARITY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did A CONTINUOUS CHARITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of A CONTINUOUS CHARITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does A CONTINUOUS CHARITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,359,193, expenses of $1,695,699 and total assets of $5,893,156 at year end.

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