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Nonprofit · EIN 54-2003079

UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC

Tax-exempt · GREENBELT, MD 20770

Financials

$518K$479K2023$638K$511K2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$638,374$511,320$127,054$2,896,330$0$2,896,330
December 31, 2023990$518,118$478,573$39,545$2,409,030$0$2,409,030
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$492,832
Membership dues
$1,150
Program service revenue
$11,710
Investment income
$133,832
Other revenue
$0

Expenses

Grants and similar amounts paid
$499,810
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$497,803
Fundraising (functional)
$13,517

Balance sheet and other

Total assets, start of year
$2,409,030
Total assets, end of year
$2,896,330
Total liabilities, end of year
$0
Net assets, end of year
$2,896,330
Publicly traded securities
$2,521,861
Gross receipts
$638,374
Employees
0
Volunteers
20
Year formed
2000
State of legal domicile
VA

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
Aquil AhmedPresident
Officer
15$0
Khalida AliVice President
Officer
2$0
Nuzaira AzamGeneral Secret
Officer
1$0
Maryam HussainTreasurer
Officer
3$0
Sayeeda HuqueDirector
Trustee or director
2$0
Farida VaidDirector
Trustee or director
4$0
Khurshid UsmanDirector
Trustee or director
1$0
Shahid AshfaquDirector
Trustee or director
5$0
Syed Ali LahooDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Syed A AhmedPresident
Trustee or director, Officer
10$0
Khalid SirajVice President
Trustee or director, Officer
2$0
Tanzeem AbbasiGeneral Secret
Trustee or director, Officer
2$0
Murtaza BandukTreasurer
Trustee or director, Officer
2$0
Firoze KhanDirector
Trustee or director
1$0
Sayeeda HuqueDirector
Trustee or director
1$0
Syed MehdiDirector
Trustee or director
1$0
Khurshid UsmanDirector
Trustee or director
1$0
Farida VaidDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7237 HANOVER PKWY STE C, GREENBELT, MD 20770-3602
In care of
% MOHAMMED UMAR
Principal officer (990 for 2024)
Syed A Ahmed, 13128 Westbrook Drive, FAIRFAX, VA 22030
Signed the 990
Syed A Ahmed, President
Phone
(301) 485-6178
Return prepared by
FIRST TAX AND FINANCIAL INC

Mission

Provide scholarships to needy and meritorious students. Provide grants to Karachi University and affiliated educational institutions for computers, lab equipment etc. Provide a platform for the Alumni of

990 for the year ended December 31, 2024

Program accomplishments

  • Scholarships awarded to students of Alma Mater Univ & affiliated
    Expenses $195,424
  • Grants made to various Departments of NED Engineering University,
    Expenses $304,386
  • Expenses related to gain incurred on Exchnage and other Office
    Expenses $11,510

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
54-2003079
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84)
Assets (IRS master file)
$2,896,330
Income (IRS master file)
$638,374

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$638,374$511,320$2,896,330XML
990December 2023$518,118$478,573$2,409,030XML
990December 2022$370,962$328,912$1,670,807IRS
990December 2021–––IRS
990December 2020–––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 54-2003079).

Questions about UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC

What is the EIN of UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC?
The employer identification number (EIN) of UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC is 54-2003079.
Is UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC 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 UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC 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 UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC?
The 990 for the year ended December 31, 2024 names Syed A Ahmed.
Who are the officers and directors of UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF KARACHI ALUMNI ASSN OF BALT WA METRO AREA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $638,374, expenses of $511,320 and total assets of $2,896,330 at year end.

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