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Nonprofit · EIN 45-2751655

IQRA FUND

Tax-exempt · BOZEMAN, MT 59715

Financials

$297K$690K2022$992K$815K2023$1M$794K2024
Revenue Expenses · by fiscal year end
Financials of IQRA FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,029,954$794,051$235,903$725,899$4,028$721,871
December 31, 2023990$991,974$815,097$176,877$481,417$16,452$464,965
December 31, 2022990 (amended)$297,025$689,716-$392,691$330,018$81,662$248,356
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,018,776
Program service revenue
$0
Investment income
$11,178
Other revenue
$0

Expenses

Grants and similar amounts paid
$27,357
Compensation of officers, directors and key employees
$92,165
Other salaries and wages
$254,983
Salaries, compensation and benefits (total)
$411,182
Professional fundraising fees
$0
Accounting fees
$26,423
Occupancy
$1,673
Travel
$70,876
Depreciation
$4,000
Program services (functional)
$690,461
Management and general (functional)
$38,591
Fundraising (functional)
$64,999

Balance sheet and other

Total assets, start of year
$481,417
Total assets, end of year
$725,899
Total liabilities, end of year
$4,028
Net assets, end of year
$721,871
Land, buildings and equipment
$5,000
Net assets without donor restrictions
$460,346
Net assets with donor restrictions
$261,525
Gross receipts
$1,029,954
Employees
1
Volunteers
226
Year formed
2011
State of legal domicile
MT

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 / weekCompensationOther / benefits
Genevieve WalshPresident & CEO
Trustee or director, Officer
40$92,165$8,147
Mahira RazzakCo-Chair
Trustee or director, Officer
2$0$0
Sabiha ChunawalaVice Chair
Trustee or director, Officer
2$0$0
Kamila IslamDirector
Trustee or director
2$0$0
Mehreen MundhTreasurer
Trustee or director, Officer
2$0$0
Saima MachloviDirector
Trustee or director
2$0$0
Christine MonaghanSecretary
Trustee or director, Officer
2$0$0
Kathryn EverettDirector
Trustee or director
2$0$0
Steve SwensonDirector
Trustee or director
5$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
GENEVIEVE WALSHPresident & CEO
Trustee or director, Officer
40$140,044$11,201
MAHIRA RAZZAKDirector
Trustee or director
1$0$0
CHRISTINE MONAGHANSecretary
Trustee or director, Officer
1$0$0
SAIMA MACHLOVIDirector
Trustee or director
1$0$0
KATHRYN EVERETVice Chair
Trustee or director, Officer
1$0$0
RAHAT AZFARChairman
Trustee or director, Officer
1$0$0
SABIHA CHUNAWALADirector
Trustee or director
1$0$0
MEHREEN MUNDHDirector
Trustee or director
1$0$0
KAMILA ISLAMDirector
Trustee or director
1$0$0
STEVE SWENSONDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensationOther / benefits
GENEVIEVE WALSHPresident & CEO
Trustee or director, Officer
40$49,583$8,822
MAHIRA RAZZAKDirector
Trustee or director
1$0$0
CHRISTINE MONAGHANSecretary
Trustee or director, Officer
1$0$0
SAIMA MACHLOVIDirector
Trustee or director
1$0$0
KATHRYN EVERETVice Chair
Trustee or director, Officer
1$0$0
RAHAT AZFARChairman
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
317 W LAMME ST, BOZEMAN, MT 59715-3428
Mailing address (990-N for 2011)
317 W Lamme St, Bozeman MT 59715
Principal officer (990 for 2024)
Genevieve Walsh, PO Box 416, Bozeman, MT 59771
Principal officer (990-N for 2011)
Genevieve Chabot, 317 W Lamme St, Bozeman MT 59715
Signed the 990
Genevieve Walsh, President & CEO
Phone
(406) 581-7017
Return prepared by
REGALIA BERGER & BERGER CPAS

Mission

TO PROVIDE ACCESS TO SUSTAINABLE QUALITY EDUCATION IN REMOTE REGIONS OF PAKISTAN. WE WORK IN GILGIT-BALTISTAN, PAKISTAN PROVIDING CRITICAL SOCIAL SERVICES AND FUNDING TO BREAK THE BARRIERS THAT PREVENT GIRLS FROM RECEIVING A QUALITY EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • IQRA FUND ESTABLISHES HIGH QUALITY SELF-SUSTAINING SCHOOL SYSTEMS IN THE REMOTE, MOUNTAINOUS REGIONS OF NORTHERN PAKISTAN. WE ARE DEDICATED TO EMPOWERING ALL STUDENTS, ESPECIALLY GIRLS. PARTNERING WITH COMMUNITIES THAT REQUEST OUR SUPPORT, WE PROVIDE ACCESS TO EDUCATION FOR BOTH GIRLS AND BOYS, WITH A PRIMARY GOAL OF ENSURING 100% OF THE GIRLS IN OUR PARTNER VILLAGES ATTEND SCHOOL. WE WORK WITH LOCAL GOVERNMENTS, COMMUNITY LEADERS, PARENTS, AND TEACHERS TO INVEST IN LONG-TERM STUDENT SUCCESS, IMPROVING GENERATIONAL PROSPERITY. THIS SUPPORT IS ACHIEVED THROUGH TUITION ASSISTANCE, BOOKS, MATERIALS, UNIFORMS, AND FEES, PROVIDING A GIRL-FRIENDLY SCHOOL ENVIRONMENT (INCLUDING CLASSROOM AND WASHROOM CONSTRUCTION), AND SUPPORTING TEACHERS' SALARIES.
    Expenses $690,461 · grants $27,357

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 on file

IRS record

EIN
45-2751655
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$725,899
Income (IRS master file)
$1,029,954

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,029,954$794,051$725,899XML
990December 2023$991,974$815,097$481,417XML
990December 2022$297,025$689,716$330,018XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2011
Officer: Genevieve Chabot
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 45-2751655).

Questions about IQRA FUND

What is the EIN of IQRA FUND?
The employer identification number (EIN) of IQRA FUND is 45-2751655.
Is IQRA FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to IQRA FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IQRA FUND 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 IQRA FUND 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 IQRA FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IQRA FUND?
The 990 for the year ended December 31, 2024 names Genevieve Walsh.
Who are the officers and directors of IQRA FUND?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $92,165 (Genevieve Walsh, President & CEO).
How much revenue does IQRA FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,029,954, expenses of $794,051 and total assets of $725,899 at year end.

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