Nonprofit · EIN 86-2175396
TAJWEED ACADEMY FOUNDATION INC
Tax-exempt · OLD BRIDGE, NJ 08857
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $225,920 | $59,073 | $166,847 | $343,399 | $8,540 | $334,859 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOHAMMED W KHAN | PRESIDENT Officer | 0 | $0 |
| BILQUIS KHAN | TRUSTEE Officer | 0 | $0 |
| MOHAMMED ABDULWAHEED | TRUSTEE Officer | 0 | $0 |
| IMADUDDIN HASHMI | TRUSTEE Officer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOHAMMED W KHAN | PRESIDENT | 0 | $0 |
| BILQUIS KHAN | TRUSTEE | 0 | $0 |
| MOHAMMED ABDULWAHEED | TRUSTEE | 0 | $0 |
| IMADUDDIN HASHMI | TRUSTEE | 0 | $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
Program accomplishments
- Religious EventsExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $225,920 | $59,073 | $343,399 | IRS |
| 990-EZ | December 2023 | $89,160 | $52,457 | $174,796 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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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