Nonprofit · EIN 80-0200534
ILM ACADEMY INC
Tax-exempt · ROSWELL, GA 30075
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2024 | 990 | $4,110,347 | $3,398,835 | $711,512 | $3,573,712 | $97,455 | $3,476,257 |
| July 31, 2023 | 990 | $2,594,451 | $2,403,052 | $191,399 | $3,242,530 | $1,063,119 | $2,179,411 |
Financial details: 990 for the year ended July 31, 2024
Revenue
- Contributions, gifts and grants
- $1,140,959
- Program service revenue
- $2,966,153
- Investment income
- $0
- Other revenue
- $3,235
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,746,146
- Salaries, compensation and benefits (total)
- $2,198,880
- Professional fundraising fees
- $0
- Accounting fees
- $64,903
- Occupancy
- $260,695
- Travel
- $25,690
- Program services (functional)
- $2,968,963
- Management and general (functional)
- $423,747
- Fundraising (functional)
- $6,125
Balance sheet and other
- Total assets, start of year
- $3,242,530
- Total assets, end of year
- $3,573,712
- Total liabilities, end of year
- $97,455
- Net assets, end of year
- $3,476,257
- Land, buildings and equipment
- $2,283,748
- Net assets without donor restrictions
- $3,476,257
- Gross receipts
- $4,110,347
- Employees
- 87
- Volunteers
- 83
- Year formed
- 2008
- State of legal domicile
- GA
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 July 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IMRAN BALKHI | GOVERNING BOARD - CHAIRMAN Officer | 2 | $0 |
| SAMEER SHAIKH | BOARD MEMBER Trustee or director | 2 | $0 |
| DR OMAR ALRAWI | TREASURER Officer | 2 | $0 |
| MIR AHMED | BOARD MEMBER Trustee or director | 2 | $0 |
| LAEEQ SIDDIQUE | SECRETARY Officer | 2 | $0 |
| SIRAJ GHAFFAR | BOARD MEMBER Trustee or director | 2 | $0 |
| AMIL HAQUE | BOARD MEMBER Trustee or director | 2 | $0 |
| ALI RIZVI | TRUSTEE - CHAIRMAN Officer | 2 | $0 |
990 for the year ended July 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IMRAN BALKHI | CHAIRMAN Trustee or director, Officer | 6 | $0 |
| SAMEER SHAIKH | TREASURER Trustee or director, Officer | 4 | $0 |
| PERVAIZ SHAIKH | DIRECTOR Trustee or director, Officer | 4 | $0 |
| MIR AHMED | DIRECTOR Trustee or director, Officer | 4 | $0 |
| REZA RIZVI | DIRECTOR Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 GRIMES BRIDGE RD, ROSWELL, GA 30075-3907
- In care of
- % IMRAN BALKHI
- Principal officer (990 for 2023)
- IMRAN BALKHI, 1200 GRIMES BRIDGE RD, ROSWELL, GA 300753907
- Signed the 990
- IMRAN BALKHI, CHAIRMAN
- Phone
- (678) 624-1157
- Return prepared by
- Luther Speight and Company LLC
Mission
ILM ACADEMYS MISSION IS TO PROVIDE RELIGIOUS BASED EDUCATION SERVICES TO CHILDREN IN THE METROPOLITAN ATLANTA GEORGIA AREA.
Program accomplishments
- ILM ACADEMY PROVIDES RELIGIOUS BASED EDUCATIONAL SERVICES TO CHILDREN IN THE METROPOLITAN ATLANTA GEORGIA AREA. ILM FOCUSES ON TEACHING ACADEMICS SPECIALIZING IN THE SUBJECTS OF MATHEMATICS SCIENCES AND ARABIC STUDIES. ILM PROVIDES SERVICES FOR CHILDREN PRE-KINDERGARTEN THROUGH EIGHTH GRADE.Expenses $2,968,963 · revenue $2,966,153
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | Not on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 80-0200534
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B240)
- Assets (IRS master file)
- $3,573,712
- Income (IRS master file)
- $4,110,347
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2024 | $4,110,347 | $3,398,835 | $3,573,712 | XML |
| 990 | July 2023 | $2,594,451 | $2,403,052 | $3,242,530 | XML |
| 990 | July 2022 | $2,483,503 | $2,055,805 | $2,444,479 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
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 80-0200534).
Questions about ILM ACADEMY INC
- What is the EIN of ILM ACADEMY INC?
- The employer identification number (EIN) of ILM ACADEMY INC is 80-0200534.
- Is ILM ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ILM ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ILM ACADEMY INC 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 ILM ACADEMY INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILM ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2024.
- Who is the principal officer of ILM ACADEMY INC?
- The 990 for the year ended July 31, 2024 names IMRAN BALKHI.
- Who are the officers and directors of ILM ACADEMY INC?
- The 990 for the year ended July 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does ILM ACADEMY INC have?
- On its 990 for the year ended July 31, 2024 it reported revenue of $4,110,347, expenses of $3,398,835 and total assets of $3,573,712 at year end.
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