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Nonprofit · EIN 81-2598956

RAHMAH FOUNDATION INC

Tax-exempt · LAKE VILLA, IL 60046

Financials

$318K$386K2022$358K$2.1M2023$822K$141K2024
Revenue Expenses · by fiscal year end
Financials of RAHMAH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$822,454$141,145$681,309$3,458,389$1,778,387$1,680,002
December 31, 2023990-PF (amended)$357,655$2,070,243-$1,712,588$4,592,685$3,631,054$961,631
December 31, 2022990-PF (amended)$317,674$385,635-$67,961$6,302,606$3,628,387$2,674,219
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$821,378
Interest
$10
Other income
$1,066

Expenses

Grants and similar amounts paid
$21,085
Disbursements for charitable purposes
$84,876

Balance sheet and other

Total assets, start of year
$4,629,747
Total assets, end of year
$3,458,389
Total liabilities, end of year
$1,778,387
Net assets, end of year
$1,680,002
Fair market value of assets
$3,458,389
Qualifying distributions
$84,876
Net investment income
$10

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ashfaq Hussain
134 Monaville Road, Lake Villa, IL 60046
President20$0
Fatima Ashfaq
134 Monaville Road, Lake Villa, IL 60046
Vice President20$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Ashfaq Hussain
134 Monaville Road, Lake Villa, IL 60046
President20$0
Fatima Ashfaq
134 Monaville Road, Lake Villa, IL 60046
Vice President20$0
990-PF for the year ended December 31, 2022: 2 people
NameTitleHours / weekCompensation
Ashfaq Hussain
134 Monaville Road, Lake Villa, IL 60046
President20$0
Fatima Ashfaq
134 Monaville Road, Lake Villa, IL 60046
Vice President20$0

Address and contacts

Address (IRS master file)
134 MONAVILLE RD, LAKE VILLA, IL 60046-5517
In care of
% FATIMA ASHFAQ
Signed the 990-PF
Ashfaq Hussain, President
Phone
(847) 609-6822
Return prepared by
Shaikh Arif Khairuddin

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-2598956
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Religion-related (X40)
Assets (IRS master file)
$3,458,389
Income (IRS master file)
$822,454

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$822,454$141,145$3,458,389XML
990-PFDecember 2023$357,655$2,070,243$4,592,685IRS
990-PFDecember 2022$317,674$385,635$6,302,606IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 81-2598956).

Questions about RAHMAH FOUNDATION INC

What is the EIN of RAHMAH FOUNDATION INC?
The employer identification number (EIN) of RAHMAH FOUNDATION INC is 81-2598956.
Is RAHMAH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to RAHMAH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAHMAH FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of RAHMAH FOUNDATION INC 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 RAHMAH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of RAHMAH FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does RAHMAH FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $822,454, expenses of $141,145 and total assets of $3,458,389 at year end.

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