Nonprofit · EIN 85-0481401
SALAM ACADEMY INCORPORATED
Tax-exempt · ALBUQUERQUE, NM 87110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,462,513 | $1,191,024 | $271,489 | $2,213,951 | $43,995 | $2,169,956 |
| June 30, 2024 | 990 | $1,412,668 | $1,056,178 | $356,490 | $1,899,425 | $3,533 | $1,895,892 |
| June 30, 2023 | 990 | $1,338,519 | $869,580 | $468,939 | $1,671,340 | $131,938 | $1,539,402 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $63,072
- Program service revenue
- $1,380,316
- Investment income
- $0
- Other revenue
- $19,125
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $868,100
- Salaries, compensation and benefits (total)
- $966,839
- Professional fundraising fees
- $0
- Accounting fees
- $14,182
- Occupancy
- $44,832
- Travel
- $502
- Depreciation
- $36,753
- Program services (functional)
- $1,021,900
- Management and general (functional)
- $169,124
Balance sheet and other
- Total assets, start of year
- $1,899,425
- Total assets, end of year
- $2,213,951
- Total liabilities, end of year
- $43,995
- Net assets, end of year
- $2,169,956
- Land, buildings and equipment
- $496,307
- Net assets without donor restrictions
- $2,169,956
- Gross receipts
- $1,462,513
- Employees
- 26
- Volunteers
- 6
- Year formed
- 2001
- State of legal domicile
- NM
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ahmad Hasan | President Trustee or director | 3 | $0 |
| Tariq Khraishi | Director of Finance Trustee or director | 14 | $0 |
| Zahira Manzoor | Secretary Trustee or director | 5 | $0 |
| Aamna Nayyar | Director of Education Trustee or director | 7 | $0 |
| Sufi Mustafa | Director of Facilities Trustee or director | 5 | $0 |
| Salim Zamir | Director of Fundraising Trustee or director | 7 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ahmad Hasan | President Trustee or director | 3 | $0 |
| Harris Zeyaee | Vice President Trustee or director | 5 | $0 |
| Tariq Khraishi | Director of Finance Trustee or director | 14 | $0 |
| Zahira Manzoor | Secretary Trustee or director | 5 | $0 |
| Aamna Nayyar | Director of Education Trustee or director | 7 | $0 |
| Marwa Kassem | Director of Public Relations Trustee or director | 5 | $0 |
| Sufi Mustafa | Director of Facilities Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ahmad Hasan | President Trustee or director | 3 | $0 |
| Harris Zeyaee | Vice President Trustee or director | 5 | $0 |
| Tariq Khraishi | Director of Finance Trustee or director | 14 | $0 |
| Zahira Manzoor | Secretary Trustee or director | 5 | $0 |
| Aamna Nayyar | Director of Education Trustee or director | 7 | $0 |
| Marwa Kassem | Director of Public Relations Trustee or director | 5 | $0 |
| Sufi Mustafa | Director of Facilities Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 8015 MOUNTAIN ROAD PL NE, ALBUQUERQUE, NM 87110-7808
- In care of
- % M J KEEFE
- Principal officer (990 for 2024)
- Tariq Khraishi, 8015 Mountain Road Place NE, Albuquerque, NM 87110
- Signed the 990
- Tariq Khraishi, Vice President
- Phone
- (505) 888-7688
- Return prepared by
- Salam Academy Incorporated PD Rubio
Mission
Salam Academy is an institution of learning aimed at maintaining the ethnic roots and moral values of Muslim students. We develop model American citizens who are outstanding science, mathematics, and humanities leaders.
Program accomplishments
- In the 2024-2025 school year, Salam Academy had 188 students. Awards were given for high honor roll (37 students), honor roll (47 students), and memorization of the Quran. Seventeen students also qualified for the Central New Mexico Regional Science Fair.Expenses $1,021,900 · revenue $1,462,513
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0481401
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $2,213,951
- Income (IRS master file)
- $1,462,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,462,513 | $1,191,024 | $2,213,951 | XML |
| 990 | June 2024 | $1,412,668 | $1,056,178 | $1,899,425 | XML |
| 990 | June 2023 | $1,338,519 | $869,580 | $1,671,340 | XML |
| 990 | June 2022 | $1,016,209 | $832,478 | $1,219,876 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 85-0481401).
Questions about SALAM ACADEMY INCORPORATED
- What is the EIN of SALAM ACADEMY INCORPORATED?
- The employer identification number (EIN) of SALAM ACADEMY INCORPORATED is 85-0481401.
- Is SALAM ACADEMY INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to SALAM ACADEMY INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALAM ACADEMY INCORPORATED 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 SALAM ACADEMY INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALAM ACADEMY INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SALAM ACADEMY INCORPORATED?
- The 990 for the year ended June 30, 2025 names Tariq Khraishi.
- Who are the officers and directors of SALAM ACADEMY INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SALAM ACADEMY INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,462,513, expenses of $1,191,024 and total assets of $2,213,951 at year end.
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