Nonprofit · EIN 46-4286586
THE MAINSTAY FOUNDATION
Tax-exempt · DEARBORN, MI 48120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,046,787 | $855,423 | $191,364 | $623,885 | $39,046 | $584,839 |
| December 31, 2024 | 990 | $1,018,793 | $934,315 | $84,478 | $414,457 | $16,008 | $398,449 |
| December 31, 2023 | 990 | $1,031,941 | $1,095,651 | -$63,710 | $329,940 | $24,455 | $305,485 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $553,884
- Program service revenue
- $313,514
- Investment income
- $62
- Net income from fundraising events
- $179,327
- Other revenue
- $179,327
Expenses
- Grants and similar amounts paid
- $186,976
- Other salaries and wages
- $96,666
- Salaries, compensation and benefits (total)
- $104,542
- Professional fundraising fees
- $0
- Occupancy
- $63,834
- Travel
- $195,346
- Depreciation
- $8,507
- Program services (functional)
- $633,049
- Management and general (functional)
- $214,011
- Fundraising (functional)
- $8,363
Balance sheet and other
- Total assets, start of year
- $414,983
- Total assets, end of year
- $623,885
- Total liabilities, end of year
- $39,046
- Net assets, end of year
- $584,839
- Land, buildings and equipment
- $34,975
- Net assets without donor restrictions
- $575,489
- Net assets with donor restrictions
- $9,350
- Gross receipts
- $1,124,402
- Employees
- 3
- Volunteers
- 25
- Year formed
- 2012
- State of legal domicile
- MI
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 |
|---|---|---|---|
| HAJ MOHAMED ALI BANOON | SECRETARY Trustee or director, Officer | 2 | $0 |
| HAJ KHODR HAMKA | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| HAJ JALAL MOUGHANIA | DIRECTOR Trustee or director | 1 | $0 |
| ABATHAR TAJALDEEN | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOHAMED ALI BANOON | SECRETARY Trustee or director, Officer | 2 | $0 |
| KHODR HAMKA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JALAL MOUGHANIA | TREASURER Trustee or director, Officer | 2 | $0 |
| ABATHAR TAJALDEEN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOHAMED ALI BANOON | SECRETARY Trustee or director, Officer | 2 | $0 |
| KHODR HAMKA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JALAL MOUGHANIA | TREASURER Trustee or director, Officer | 2 | $0 |
| ABATHAR TAJALDEEN | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 15170 N COMMERCE DR, DEARBORN, MI 48120-1225
- Mailing address (990-N for 2013)
- 7713 Schaefer Rd, Dearborn MI 48126
- Principal officer (990 for 2025)
- HAJ MOHAMED ALI BANOON, 15170 N COMMERCE DR, DEARBORN, MI 48120
- Principal officer (990-N for 2013)
- Mohamed Ali Banoon, 7713 Schaefer Rd, Dearborn MI 48126
- Signed the 990
- HAJ MOHAMED ALI BANOON, SECRETARY
- Phone
- (313) 451-2148
- Website
- www.mainstay.us
- Return prepared by
- RCS CPAS PLLC
Mission
TO ADVANCE THE MUSLIM COMMUNITIES, ORGANIZATIONS, AND INDIVIDUALS IN THE UNITED STATES OF AMERICA BY DEVELOPING THEIR INTELLECTUAL, SPIRITUAL, SOCIAL, AND FINANCIAL ASPECTS, UTILIZING THE MOST ADVANCED METHODOLOGIES AND TECHNOLOGIES.
Program accomplishments
- THE FOCUS OF THE ORGANIZATIONAL DEVELOPMENT INITIATIVE WAS TWOFOLD: CREATE A PLATFORM FOR CENTERS AND ORGANIZATIONS TO CONNECT, COMMUNICATE, AND COLLABORATE; AND PROVIDE TANGIBLE SERVICES AND RESOURCES TO ORGANIZATIONS AND CENTERS. THE MAJOR PLATFORM WAS THE ENGAGE CONFERENCE HELD IN DEARBORN, MI. A WEB PLATFORM CALLED THE HUB WAS DEVELOPED TO PROVIDE ESSENTIAL SERVICES TO SERVED ORGANIZATION, INCLUDING A SPEAKER'S BUREAU, CONSULTANTS AND DIGITAL CONTENT.Expenses $77,122 · grants $63,500
- THE FOCUS OF THE HUMAN DEVELOPMENT INITIATIVE WAS THREEFOLD: PROVIDING EDUCATIONAL CONTENT TO OUR COMMUNITY THROUGH CLASSES AND RELIGIOUS PROGRAMMING, CAPACITY BUILDING THROUGH WORKSHOPS AND RETREATS, AND PUBLICATIONS. WITH CLASSES AND RELIGIOUS PROGRAMMING PRESENTERS FROM THE FOUNDATION'S SPEAKER'S BUREAU DELIVERED EDUCATIONAL CONTENT THROUGH PROGRAMS CONDUCTED IN PARTNERSHIP WITH OTHER RELIGIOUS ORGANIZATIONS AND CENTERS. IN TERMS OF CAPACITY BUILDING, THE FOUNDATION'S FOCUS WAS ON THE RELIGIOUS, PERSONAL, AND PROFESSIONAL DEVELOPMENT OF ITS SERVED COMMUNITY, WITH A SPECIAL FOCUS ON UNIVERSITY STUDENTS. THE FOUNDATION ALSO PUBLISHED TRANSLATED AND ORIGINAL WORKS FOR A WIDE AUDIENCE.Expenses $432,451
- OUR ECONOMIC DEVELOPMENT AND HUMANITARIAN AID PROGRAMS HELP PROVIDE CLEAN WATER, FOOD, MEDICAL AID, CLOTHING, HOUSING, EDUCATIONAL SUPPORT, AND MORE. WHETHER IT IS DIGGING WELLS IN AFRICA OR PROVIDING UNIFORMS AND BOOKS IN INDIA, WE HAVE PARTNERED WITH LOCAL AND INTERNATIONAL ORGANIZATIONS AROUND THE WORLD TO UPLIFT AS MANY COMMUNITIES AS WE CAN AND HELP ALLEVIATE THE SUFFERING FROM THE IMPOVERISHED AND WORLDWIDE.Expenses $123,476 · grants $123,476
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
- 46-4286586
- 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)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $623,885
- Income (IRS master file)
- $1,124,402
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,046,787 | $855,423 | $623,885 | XML |
| 990 | December 2024 | $1,018,793 | $934,315 | $414,457 | XML |
| 990 | December 2023 | $1,031,941 | $1,095,651 | $329,940 | XML |
| 990 | December 2022 | $1,290,829 | $1,136,352 | $465,421 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Mohamed Ali Banoon | December 31, 2013 | ≤ $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 46-4286586).
Questions about THE MAINSTAY FOUNDATION
- What is the EIN of THE MAINSTAY FOUNDATION?
- The employer identification number (EIN) of THE MAINSTAY FOUNDATION is 46-4286586.
- Is THE MAINSTAY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE MAINSTAY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MAINSTAY 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 THE MAINSTAY 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 THE MAINSTAY 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 THE MAINSTAY FOUNDATION?
- The 990 for the year ended December 31, 2025 names HAJ MOHAMED ALI BANOON.
- Who are the officers and directors of THE MAINSTAY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE MAINSTAY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,046,787, expenses of $855,423 and total assets of $623,885 at year end.
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