Nonprofit · EIN 45-5522122
ISLANDS OF HOPE NFP
Tax-exempt · LINCOLNWOOD, IL 60712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $71,021 | $81,489 | -$10,468 | $58,964 | – | $58,964 |
| December 31, 2023 | 990-EZ | $35,400 | $198 | $35,202 | $69,432 | – | $69,432 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $71,021
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $81,489
- Program services (functional)
- $81,489
Balance sheet and other
- Total assets, start of year
- $69,432
- Total assets, end of year
- $58,964
- Total liabilities, end of year
- –
- Net assets, end of year
- $58,964
- Cash, savings and investments
- $58,964
- Gross receipts
- $71,021
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUHAMMAD N KHAN | PRESIDENT | 20 | $0 |
| AHMAD AMMAR BAJWA | SECRETARY | 2 | $0 |
| WASEEM VIMAWALA | TREASURER | 2 | $0 |
| FARRAH R KHAN | DIRECTOR | 1 | $0 |
| SHAHID AHMED | DIRECTOR | 1 | $0 |
| SAKINA KISAT | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUHAMMAD N KHAN | PRESIDENT | 20 | $0 |
| AHMAD AMMAR BAJWA | SECRETARY | 2 | $0 |
| WASEEM VIMAWALA | TREASURER | 2 | $0 |
| FARRAH R KHAN | DIRECTOR | 1 | $0 |
| SHAHID AHMED | DIRECTOR | 1 | $0 |
| SAKINA KISAT | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6510 N LINCOLN AVE, LINCOLNWOOD, IL 60712-3919
- In care of
- % CRESCENT FINANCIAL SERVICES
- Mailing address (990-N for 2014)
- 240 CORTLAND AVENUE, LOMBARD IL 60148
- Principal officer (990-N for 2014)
- RAZA KHAN, 6870 ELLIS DRIVE, LONG GROVE IL 60047
- Signed the 990-EZ
- RAZA KHAN, PRESIDENT
- Phone
- (847) 942-2943
- Website
- WWW.ISLANDSOFHOPE.NET
- Return prepared by
- CRESCENT FINANCIAL SERVICES INC
Mission
EDUCATION
Program accomplishments
- EDUCATING UNDER PRIVILEDGED CHILDRENExpenses $81,489 · grants $71,021
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-5522122
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $58,964
- Income (IRS master file)
- $71,021
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $71,021 | $81,489 | $58,964 | XML |
| 990-EZ | December 2023 | $35,400 | $198 | $69,432 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: RAZA KHAN | December 31, 2014 | ≤ $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 45-5522122).
Questions about ISLANDS OF HOPE NFP
- What is the EIN of ISLANDS OF HOPE NFP?
- The employer identification number (EIN) of ISLANDS OF HOPE NFP is 45-5522122.
- Is ISLANDS OF HOPE NFP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ISLANDS OF HOPE NFP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISLANDS OF HOPE NFP 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 ISLANDS OF HOPE NFP 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 ISLANDS OF HOPE NFP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of ISLANDS OF HOPE NFP?
- The 990-N for 2014 names RAZA KHAN.
- Who are the officers and directors of ISLANDS OF HOPE NFP?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does ISLANDS OF HOPE NFP have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $71,021, expenses of $81,489 and total assets of $58,964 at year end.
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