Nonprofit · EIN 33-1212566
THAAKAT FOUNDATION
Tax-exempt · ROMEOVILLE, IL 60446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,901,972 | $2,585,514 | $316,458 | $586,356 | $0 | $586,356 |
| December 31, 2024 | 990 | $2,281,468 | $2,109,642 | $171,826 | $269,898 | $0 | $269,898 |
| December 31, 2023 | 990 (amended) | $822,237 | $1,002,463 | -$180,226 | $98,072 | $0 | $98,072 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,951,401
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$49,429
- Other revenue
- -$49,429
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $61,754
- Travel
- $975
- Program services (functional)
- $2,504,382
- Management and general (functional)
- $81,132
Balance sheet and other
- Total assets, start of year
- $269,898
- Total assets, end of year
- $586,356
- Total liabilities, end of year
- $0
- Net assets, end of year
- $586,356
- Net assets without donor restrictions
- $70,799
- Net assets with donor restrictions
- $515,557
- Gross receipts
- $2,968,154
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2008
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Uzma Bawany | Executive Director Trustee or director, Officer | 25 | $0 |
| Haseeb Baig | Chief Financial Officer Trustee or director, Officer | 10 | $0 |
| Nudrat Zoha | COO Trustee or director, Officer | 5 | $0 |
| Priyanka Patel | Global Projects Officer Trustee or director, Officer | 5 | $0 |
| Uzma Aijaz | Donor Impact Officer Trustee or director, Officer | 5 | $0 |
| Saad Bawany | Director of Development and Programs Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Uzma Bawany | Executive Director Trustee or director | 25 | $0 |
| Haseeb Baig | Chief Financial Officer Trustee or director, Officer | 10 | $0 |
| Nudrat Zoha | COO Trustee or director, Officer | 10 | $0 |
| Priyanka Patel | Global Projects Officer Trustee or director, Officer | 5 | $0 |
| Uzma Aijaz | Donor Impact Officer Trustee or director, Officer | 5 | $0 |
| Mohsin Hussain | Chief Strategy Officer Trustee or director, Officer | 5 | $0 |
| Faizan Bahrain | Chief Compliance Officer Trustee or director, Officer | 5 | $0 |
| Saad Bawany | Director of Development and Programs Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Uzma Bawany | Executive Director Trustee or director | 25 | $0 |
| Nudrat Zoha | COO Trustee or director | 10 | $0 |
| Priya Patel | GL Manager Officer | 5 | $0 |
| Saad Bawany | Manager Officer | 5 | $0 |
| Upesh Desai | Information Tech Officer | 2 | $0 |
| Uzma Aijaz | Communication Officer | 2 | $0 |
| Sufyan Barkat | Funding Officer | 1 | $0 |
| Puneet Soni | Advisor Officer | 1 | $0 |
| Amani Memon | Funding Officer | 2 | $0 |
| Mohsin Hussain | Marketing Officer | 5 | $0 |
| Aqsa Bawany | Funding Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 118 FAIRFIELD DR, ROMEOVILLE, IL 60446-4080
- In care of
- % UZMA BAWANY
- Mailing address (990-N for 2011)
- 118 Fairfield Drive, Romeoville IL 60446
- Principal officer (990 for 2025)
- Uzma Bawany, 118 Fairfield Drive, Romeoville, IL 60446
- Principal officer (990-N for 2011)
- Uzma Bawany, 118 Fairfield Drive, Romeoville IL 60446
- Signed the 990
- Uzma Bawany, Executive Director
- Phone
- (847) 946-3549
- Website
- www.thaakat.wordpress.com
- Return prepared by
- Swift Philanthropy
Mission
Thaakat Foundation promotes a collaborative, people and planet friendly approach to fighting global poverty. Working in remote and underserved communities around the world, we rebuild broken health and education infrastructures to help transform the futures of those in need.
Program accomplishments
- In the 2025 year, the organization made significant strides in advancing its mission to combat poverty through education, healthcare, and food security. Key accomplishments include: - Meal Distribution: Reached a major milestone by serving over 1 million meals to students across our campuses, supporting child nutrition and enhancing educational outcomes. Additionally, our central kitchen model streamlined food preparation and distribution, promoting operational efficiency and consistent nutritional standards. - Education Initiatives: Delivered education to over 4,000 students across six campuses in Pakistan and established the Abdul Shukar Ilm Academy and Crimson School in Sierra Leone. Construction began on a new IT institute to expand vocational training opportunities in Pakistan. - Healthcare Access: Provided medical care to more than 20,000 patients through our health facilities, including treatment for 4,000 cases of malaria and the safe delivery of over 380 babies. Construction commenced on a city hospital to further increase healthcare capacity. - Infrastructure Development: Invested over $80,000 in campus infrastructure upgrades, including the installation of sports fields, redesigned Montessori classrooms, libraries, and improved lunch areas to foster well-rounded student development. - Nutrition Expansion: Distributed more than 100,000 loaves of bread through our roti banks in Pakistan, directly supporting community-level food security. - Global Expansion: Launched the Crimson Project, establishing a new school and health facility in Sierra Leone to extend the reach of our education and healthcare programs. These efforts reflect our holistic, multi-pronged strategy to break the cycle of poverty through access to quality education, essential healthcare, and reliable nutrition.Expenses $2,504,382
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1212566
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $586,356
- Income (IRS master file)
- $2,968,154
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,901,972 | $2,585,514 | $586,356 | XML |
| 990 | December 2024 | $2,281,468 | $2,109,642 | $269,898 | XML |
| 990 | December 2023 | $822,237 | $1,002,463 | $98,072 | IRS |
| 990 | December 2022 | $982,660 | $826,383 | $278,298 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2011 Officer: Uzma Bawany | December 31, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 33-1212566).
Questions about THAAKAT FOUNDATION
- What is the EIN of THAAKAT FOUNDATION?
- The employer identification number (EIN) of THAAKAT FOUNDATION is 33-1212566.
- Is THAAKAT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to THAAKAT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THAAKAT FOUNDATION 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 THAAKAT FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THAAKAT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THAAKAT FOUNDATION?
- The 990 for the year ended December 31, 2025 names Uzma Bawany.
- Who are the officers and directors of THAAKAT FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does THAAKAT FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,901,972, expenses of $2,585,514 and total assets of $586,356 at year end.
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