Nonprofit · EIN 85-3886400
AKBAR WAQF FOUNDATION
Tax-exempt · SAGINAW, MI 48602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $163,536 | $96,018 | $67,518 | $857,029 | $0 | $857,029 |
| December 31, 2024 | 990-PF | $137,141 | $53,474 | $83,667 | $430,985 | $0 | $430,985 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $11,000
- Dividends
- $15,703
- Net gain from sales of assets
- $136,833
Expenses
- Grants and similar amounts paid
- $85,900
- Disbursements for charitable purposes
- $85,900
- Excise tax on investment income
- $194
Balance sheet and other
- Total assets, start of year
- $430,985
- Total assets, end of year
- $857,029
- Total liabilities, end of year
- $0
- Net assets, end of year
- $857,029
- Fair market value of assets
- $857,029
- Qualifying distributions
- $85,900
- Net investment income
- $19,324
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAHEED AKBAR 406 N HAMILTON, SAGINAW, MI 48602 | PRESIDENT | 0 | $0 |
| AMNA AKBAR 2929 CHICAGO AVENUE, MINNEAPOLIS, MN 55407 | DIRECTOR | 0 | $0 |
| ZAINAB AKBAR 4401 4TH AVENUE, BROOKLYN, NY 11220 | DIRECTOR | 0 | $0 |
| AHMED A AKBAR 1419 W 19TH ST, CHICAGO, IL 60608 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAHEED AKBAR 406 N HAMILTON, SAGINAW, MI 48602 | PRESIDENT | 0 | $0 |
| AMNA AKBAR 2929 CHICAGO AVENUE, MINNEAPOLIS, MN 55407 | DIRECTOR | 0 | $0 |
| ZAINAB AKBAR 4401 4TH AVENUE, BROOKLYN, NY 11220 | DIRECTOR | 0 | $0 |
| AHMED A AKBAR 1419 W 19TH ST, CHICAGO, IL 60608 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 406 N HAMILTON ST, SAGINAW, MI 48602-4207
- Signed the 990-PF
- WAHEED AKBAR, PRESIDENT
- Phone
- (989) 274-2998
- Return prepared by
- LOOBY BAUMGARTEN PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 85-3886400
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $857,029
- Income (IRS master file)
- $528,670
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $163,536 | $96,018 | $857,029 | XML |
| 990-PF | December 2024 | $137,141 | $53,474 | $430,985 | XML |
| 990-PF | December 2020 | – | – | – | 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 85-3886400).
Questions about AKBAR WAQF FOUNDATION
- What is the EIN of AKBAR WAQF FOUNDATION?
- The employer identification number (EIN) of AKBAR WAQF FOUNDATION is 85-3886400.
- Is AKBAR WAQF FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to AKBAR WAQF FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does AKBAR WAQF FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of AKBAR WAQF 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 AKBAR WAQF FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of AKBAR WAQF FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does AKBAR WAQF FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $163,536, expenses of $96,018 and total assets of $857,029 at year end.
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All nonprofits in SAGINAW · Michigan · Philanthropy, voluntarism and grantmaking foundations