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Nonprofit · EIN 06-1589428

MADINA ACADEMY INC

Tax-exempt · WINDSOR, CT 06095

Financials

$1.4M$1.4M2022$2M$1.5M2023$2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of MADINA ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,007,397$1,775,247$232,150$3,665,467$0$3,665,467
August 31, 2024990$2,029,391$1,456,867$572,524$3,432,652$0$3,432,652
August 31, 2023990$1,395,232$1,392,064$3,168$2,851,851$0$2,851,851
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$190,763
of which government grants
$54,863
Program service revenue
$1,743,684
Investment income
$1,495
Other revenue
$71,455

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,154,444
Salaries, compensation and benefits (total)
$1,253,078
Professional fundraising fees
$0
Accounting fees
$12,000
Depreciation
$80,582
Program services (functional)
$1,775,247

Balance sheet and other

Total assets, start of year
$3,432,652
Total assets, end of year
$3,665,467
Total liabilities, end of year
$0
Net assets, end of year
$3,665,467
Land, buildings and equipment
$1,782,131
Publicly traded securities
$42,118
Net assets without donor restrictions
$3,665,467
Gross receipts
$2,007,397
Employees
53
Volunteers
4
Year formed
2001
State of legal domicile
CT

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Raymond CooperPrincipal
Highest-paid employee
40$84,000
Naeem KhalidTrustee
Trustee or director
2$0
Rubina AliDirector
Trustee or director
1$0
Ahsan SaghirSecretary & Treasurer
Trustee or director
2$0
990 for the year ended August 31, 2024: 4 people
NameTitleHours / weekCompensation
Raymond CooperPrincipal
Highest-paid employee
40$84,000
Ahsan SaghirSecretary & Treasurer
Trustee or director
2$0
Naeem KhalidTrustee
Trustee or director
2$0
Rubina AliDirector
Trustee or director
2$0
990 for the year ended August 31, 2023: 4 people
NameTitleHours / weekCompensation
Raymond CooperPrincipal
Highest-paid employee
40$80,000
Ahsan SaghirSecretary & Treasurer
Trustee or director
2$0
Naeem KhalidTrustee
Trustee or director
2$0
Rubina AliDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
519 PALISADO AVE, WINDSOR, CT 06095-2071
In care of
% AHSAN SAGHIR
Signed the 990
AHSAN SAGHIR, Secretary
Phone
(860) 219-0569
Return prepared by
K T Mian CPA

Mission

Madina Academy is a private elementary, middle and high school. Our mission is to provide education that is based upon the noblest traditions. This education will in turn produce model citizens.

990 for the year ended August 31, 2025

Program accomplishments

  • These expenses were incurred in providing education to elementary, middle and high school children. The revenues were generated primarily through the tuition fee and donations.
    Expenses $1,775,247 · grants $54,863 · revenue $2,007,397

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
06-1589428
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
2001
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24)
Assets (IRS master file)
$3,665,467
Income (IRS master file)
$2,007,397

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,007,397$1,775,247$3,665,467XML
990August 2024$2,029,391$1,456,867$3,432,652XML
990August 2023$1,395,232$1,392,064$2,851,851XML
990August 2022$1,352,178$734,191$2,879,938IRS
990August 2021–––IRS
990August 2020–––IRS
990August 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 06-1589428).

Questions about MADINA ACADEMY INC

What is the EIN of MADINA ACADEMY INC?
The employer identification number (EIN) of MADINA ACADEMY INC is 06-1589428.
Is MADINA ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to MADINA ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADINA 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 MADINA ACADEMY INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADINA ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who are the officers and directors of MADINA ACADEMY INC?
The 990 for the year ended August 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $84,000 (Raymond Cooper, Principal).
How much revenue does MADINA ACADEMY INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,007,397, expenses of $1,775,247 and total assets of $3,665,467 at year end.

Other nonprofits in WINDSOR

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