Skip to main content

Nonprofit · EIN 47-1313957

KHALIL FOUNDATION

Tax-exempt · LOMBARD, IL 60148

Financials

$2.3M$2.4M2023$2.5M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of KHALIL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,505,061$2,725,992-$220,931$1,372,312$1,116,437$255,875
December 31, 2023990$2,272,898$2,395,291-$122,393$1,019,702$542,896$476,806
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$935,458
Program service revenue
$1,564,943
Investment income
$4,660
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,381,355
Salaries, compensation and benefits (total)
$1,495,582
Professional fundraising fees
$0
Legal fees
$70,104
Accounting fees
$60,000
Occupancy
$212,004
Travel
$77,278
Depreciation
$19,612
Program services (functional)
$1,910,166
Management and general (functional)
$793,799
Fundraising (functional)
$22,027

Balance sheet and other

Total assets, start of year
$1,019,702
Total assets, end of year
$1,372,312
Total liabilities, end of year
$1,116,437
Net assets, end of year
$255,875
Land, buildings and equipment
$1,275,596
Net assets with donor restrictions
$255,875
Gross receipts
$2,505,061
Employees
15
Year formed
2014
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Hooman KeshavarziDirector
Trustee or director
2$146,813
Mohsin KhanDirector
Trustee or director
1$0
Bilal AliPresident
Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Hooman KeshavarziDirector
Trustee or director
2$0
Mohsin KhanDirector
Trustee or director
1$0
Bilal AliPresident
Officer
2$0

Address and contacts

Address (IRS master file)
998 N LOMBARD RD, LOMBARD, IL 60148-1264
Mailing address (990-N for 2014)
200 Waterford Dr, Willowbrook IL 60527
Principal officer (990 for 2024)
Bilal Ali, 998 N Lombard Rd, Lombard, IL 60148
Principal officer (990-N for 2014)
Bilal Ansari, 200 Waterford Dr, Willowbrook IL 60527
Signed the 990
Bilal Ali, President
Phone
(224) 622-3116
Return prepared by
C & A Financial

Mission

An organization which will provide counseling, mental health services, and research on mental health issues within the American Muslim community.

990 for the year ended December 31, 2024

Program accomplishments

  • Counseling Services
    Expenses $1,910,166

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
47-1313957
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
Assets (IRS master file)
$1,372,312
Income (IRS master file)
$2,505,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,505,061$2,725,992$1,372,312IRS
990December 2023$2,272,898$2,395,291$1,019,702XML
990December 2022$2,676,049$2,496,248$1,305,464IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2014
Officer: Bilal Ansari
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 47-1313957).

Questions about KHALIL FOUNDATION

What is the EIN of KHALIL FOUNDATION?
The employer identification number (EIN) of KHALIL FOUNDATION is 47-1313957.
Is KHALIL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to KHALIL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KHALIL 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 KHALIL FOUNDATION 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 KHALIL FOUNDATION 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 KHALIL FOUNDATION?
The 990 for the year ended December 31, 2024 names Bilal Ali.
Who are the officers and directors of KHALIL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $146,813 (Hooman Keshavarzi, Director).
How much revenue does KHALIL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,505,061, expenses of $2,725,992 and total assets of $1,372,312 at year end.

Other nonprofits in LOMBARD

All nonprofits in LOMBARD · Illinois · Public and societal benefit