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Nonprofit · EIN 86-2175396

TAJWEED ACADEMY FOUNDATION INC

Tax-exempt · OLD BRIDGE, NJ 08857

Financials

$89K$52K2023$226K$59K2024
Revenue Expenses · by fiscal year end
Financials of TAJWEED ACADEMY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$225,920$59,073$166,847$343,399$8,540$334,859
December 31, 2023990-EZ$89,160$52,457$36,703$174,796$6,783$168,013
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$225,920
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$24,938
Salaries, compensation and benefits (total)
$24,938
Professional fundraising fees
$0
Accounting fees
$750
Occupancy
$23
Depreciation
$2,383
Program services (functional)
$3,000
Management and general (functional)
$56,073

Balance sheet and other

Total assets, start of year
$174,796
Total assets, end of year
$343,399
Total liabilities, end of year
$8,540
Net assets, end of year
$334,859
Land, buildings and equipment
$5,957
Net assets without donor restrictions
$334,859
Gross receipts
$225,920
Employees
0
Year formed
2021
State of legal domicile
NJ

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
MOHAMMED W KHANPRESIDENT
Officer
0$0
BILQUIS KHANTRUSTEE
Officer
0$0
MOHAMMED ABDULWAHEEDTRUSTEE
Officer
0$0
IMADUDDIN HASHMITRUSTEE
Officer
0$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MOHAMMED W KHANPRESIDENT0$0
BILQUIS KHANTRUSTEE0$0
MOHAMMED ABDULWAHEEDTRUSTEE0$0
IMADUDDIN HASHMITRUSTEE0$0

Address and contacts

Address (IRS master file)
7 CANNON RD, OLD BRIDGE, NJ 08857-4236
In care of
% MOHAMMED W KHAN
Signed the 990
MOHAMMED W KHAN, PRESIDENT
Phone
(505) 500-4389
Return prepared by
KHAN & ASSOCIATES

Mission

Religious Education

990 for the year ended December 31, 2024

Program accomplishments

  • Religious Events
    Expenses $3,000

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-EZ on file

IRS record

EIN
86-2175396
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$343,399
Income (IRS master file)
$225,920

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$225,920$59,073$343,399IRS
990-EZDecember 2023$89,160$52,457$174,796XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 86-2175396).

Questions about TAJWEED ACADEMY FOUNDATION INC

What is the EIN of TAJWEED ACADEMY FOUNDATION INC?
The employer identification number (EIN) of TAJWEED ACADEMY FOUNDATION INC is 86-2175396.
Is TAJWEED ACADEMY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TAJWEED ACADEMY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TAJWEED ACADEMY FOUNDATION 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 TAJWEED ACADEMY FOUNDATION 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 TAJWEED ACADEMY FOUNDATION INC 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 TAJWEED ACADEMY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TAJWEED ACADEMY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $225,920, expenses of $59,073 and total assets of $343,399 at year end.

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