Nonprofit · EIN 04-3549933
MERRIMACK VALLEY ISLAMIC ACADEMY INC
Tax-exempt · METHUEN, MA 01844
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,145,491 | $1,632,292 | $513,199 | $1,792,599 | $87,191 | $1,705,408 |
| June 30, 2024 | 990 | $1,930,375 | $1,090,466 | $839,909 | $1,377,176 | $184,302 | $1,192,874 |
| June 30, 2023 | 990 | $1,328,455 | $1,349,597 | -$21,142 | $510,917 | $158,219 | $352,698 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $388,046
- Program service revenue
- $1,715,228
- Investment income
- $42,217
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,059,763
- Salaries, compensation and benefits (total)
- $1,158,461
- Professional fundraising fees
- $0
- Accounting fees
- $4,500
- Occupancy
- $111,847
- Depreciation
- $10,072
- Program services (functional)
- $1,372,099
- Management and general (functional)
- $179,965
- Fundraising (functional)
- $80,228
Balance sheet and other
- Total assets, start of year
- $1,377,176
- Total assets, end of year
- $1,792,599
- Total liabilities, end of year
- $87,191
- Net assets, end of year
- $1,705,408
- Land, buildings and equipment
- $535,286
- Net assets without donor restrictions
- $1,705,408
- Gross receipts
- $2,145,491
- Employees
- 49
- Volunteers
- 200
- Year formed
- 2001
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADJETTE LAZZOUNI | PRINCIPAL Officer | 40 | $92,964 |
| RASHID KHAN | PRESIDENT Trustee or director | 2 | $0 |
| ALAA ABOU MAHMOUD | CLERK Trustee or director | 2 | $0 |
| OMAR RAFIK | SECRETARY Trustee or director | 2 | $0 |
| ABUBAKKAR SIDDIQ | DIRECTOR Trustee or director | 2 | $0 |
| ZAHEER SHAIK | TREASURER Officer | 5 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADJETTE LAZZOUNI | PRINCIPAL Officer | 40 | $89,503 |
| RASHID KHAN | PRESIDENT Trustee or director | 2 | $0 |
| ALAA ABOU MAHMOUD | CLERK Trustee or director | 2 | $0 |
| OMAR RAFIK | SECRETARY Trustee or director | 2 | $0 |
| ABUBAKKAR SIDDIQ | DIRECTOR Trustee or director | 2 | $0 |
| ZAHEER SHAIK | TREASURER Officer | 5 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RASHID KHAN | PRESIDENT Trustee or director | 2 | $0 |
| ALAA ABOU MAHMOUD | CLERK Trustee or director | 2 | $0 |
| OMAR RAFIK | SECRETARY Trustee or director | 2 | $0 |
| ABUBAKKAR SIDDIQ | DIRECTOR Trustee or director | 2 | $0 |
| NADJETTE LAZZOUNI | PRINCIPAL Officer | 40 | $0 |
| ZAHEER SHAIK | TREASURER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 125 OAKLAND AVE, METHUEN, MA 01844-3649
- In care of
- % SABAN CATALBAS
- Principal officer (990 for 2024)
- RASHID KHAN, 41 VILLAGE VIEW RD, WESTFORD, MA 01886
- Signed the 990
- ZAHEER SHAIK, TREASURER
- Phone
- (978) 975-7335
- Website
- WWW.TIAPEACE.ORG
- Return prepared by
- EZ TAX & ACCOUNTING SERVICES INC
Mission
THE AIM OF THE ISLAMIC ACADEMY IS TO GIVE OUR CHILDREN AN ISLAMIC IDENTITY AND A HIGH QUALITY EDUCATION. THIS INCLUDES STATE-OF-THE-ART TRAINING IN PHYSICAL AND SOCIAL SCIENCES, AND AT THE SAME TIME INCULCATION OF THE VALUES, WHICH MAKE INDIVIDUALS GOOD HUMAN BEINGS AND USEFUL MEMBERS OF SOCIETY.
Program accomplishments
- THE ORGANIZATION OPERATES A FAITH-BASED ACCREDITED SCHOOL FROM PRE-K 3 TO 8TH GRADE. THE ORGANIZATION IS ACCREDITED BY NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES (NEASC). THE ORGANIZATION CURRENTLY ENROLLS 210 STUDENTS.Expenses $1,372,099
- THE ORGANIZATION OPERATES A FAITH-BASED ACCREDITED SCHOOL FROM PRE-K 3 TO 8TH GRADE. THE ORGANIZATION IS ACCREDITED BY NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES (NEASC). THE ORGANIZATION CURRENTLY ENROLLS 210 STUDENTS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3549933
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $1,792,599
- Income (IRS master file)
- $2,145,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,145,491 | $1,632,292 | $1,792,599 | IRS |
| 990 | June 2024 | $1,930,375 | $1,090,466 | $1,377,176 | IRS |
| 990 | June 2023 | $1,328,455 | $1,349,597 | $510,917 | XML |
| 990 | June 2022 | $1,060,128 | $1,128,678 | $466,626 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 04-3549933).
Questions about MERRIMACK VALLEY ISLAMIC ACADEMY INC
- What is the EIN of MERRIMACK VALLEY ISLAMIC ACADEMY INC?
- The employer identification number (EIN) of MERRIMACK VALLEY ISLAMIC ACADEMY INC is 04-3549933.
- Is MERRIMACK VALLEY ISLAMIC ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MERRIMACK VALLEY ISLAMIC ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERRIMACK VALLEY ISLAMIC ACADEMY 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 MERRIMACK VALLEY ISLAMIC ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERRIMACK VALLEY ISLAMIC ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MERRIMACK VALLEY ISLAMIC ACADEMY INC?
- The 990 for the year ended June 30, 2025 names RASHID KHAN.
- Who are the officers and directors of MERRIMACK VALLEY ISLAMIC ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $92,964 (NADJETTE LAZZOUNI, PRINCIPAL).
- How much revenue does MERRIMACK VALLEY ISLAMIC ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,145,491, expenses of $1,632,292 and total assets of $1,792,599 at year end.
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