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Nonprofit · EIN 86-2061594

WAY FORWARD TAXI ALLIANCE INC

Tax-exempt · ANDOVER, MA 01810

Financials

$216K$144K2023$324K$331K2024$15K$28K2025
Revenue Expenses · by fiscal year end
Financials of WAY FORWARD TAXI ALLIANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2026990$14,583$28,094-$13,511$58,214$0$58,214
January 31, 2025990$323,649$331,001-$7,352$71,725$0$71,725
January 31, 2024990$216,499$143,580$72,919$82,075$3,000$79,075
Financial details: 990 for the year ended January 31, 2026

Revenue

Contributions, gifts and grants
$12,145
of which government grants
$12,145
Program service revenue
$0
Investment income
$2,438
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$691
Program services (functional)
$24,176
Management and general (functional)
$3,917

Balance sheet and other

Total assets, start of year
$71,725
Total assets, end of year
$58,214
Total liabilities, end of year
$0
Net assets, end of year
$58,214
Net assets without donor restrictions
$58,214
Gross receipts
$14,583
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
MA

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 January 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
Linda GarofaloPres. & Director
Trustee or director, Officer
0$0
Yekuno KidanemariamVice Pres. & Director
Trustee or director, Officer
0$0
Rahim AbasiTreasurer & Director
Trustee or director, Officer
0$0
Steven GoldbergClerk & Director
Trustee or director, Officer
0$0
Balwinder GillVice Pres. & Director
Trustee or director, Officer
0$0
990 for the year ended January 31, 2025: 5 people
NameTitleHours / weekCompensation
Linda GarofaloPres. & Director
Trustee or director, Officer
0$83,800
Yekuno KidanemariamVice Pres. & Director
Trustee or director, Officer
0$0
Rahim AbasiTreasurer & Director
Trustee or director, Officer
0$0
Steven GoldbergClerk & Director
Trustee or director, Officer
0$0
Balwinder GillVice Pres. & Director
Trustee or director, Officer
0$0
990 for the year ended January 31, 2024: 7 people
NameTitleHours / weekCompensation
Paolo SantiDirector
Trustee or director
0$25,000
Daniel IgerDirector
Trustee or director
0$20,000
Linda GarofaloPres. & Director
Trustee or director, Officer
0$3,000
Yekuno KidanemariamVice Pres. & Director
Trustee or director, Officer
0$0
Rahim AbasiTreasurer & Director
Trustee or director, Officer
0$0
Steven GoldbergClerk & Director
Trustee or director, Officer
0$0
Balwinder GillVice Pres. & Director
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
6 PARTRIDGE HILL RD, ANDOVER, MA 01810-5851
Principal officer (990 for 2025)
Linda Garofalo, 6 Partridge Hill Road, Andover, MA 01810
Signed the 990
Linda Garofalo, President
Phone
(617) 285-6698
Return prepared by
BRUNO DELGRECO CPA

Mission

To advance the taxi industry by promoting high standards of service,technological innovation, and climate friendly operations.

990 for the year ended January 31, 2026

Program accomplishments

  • To conduct an electric vehicle rebate and educational program for taxis in Environmental Justice Communities through a grant awarded by Massachusetts Clean Energy Technology Center. Company will launch a program to catalyze conversion of Boston taxis to electric vehicles and help shift consumer behavior towards more sustainable transportation modes. Another grant was awarded by Massachusetts Development Finance Agency for other program-related activities.
    Expenses $24,176 · revenue $12,145

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026990 on file
2024January 31, 2025June 16, 2025990 on file
2023January 31, 2024June 17, 2024990 on file

IRS record

EIN
86-2061594
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
2021
Accounting year ends
January
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$58,214
Income (IRS master file)
$14,583

Filing history

FormYear endedRevenueExpensesAssetsReturn
990January 2026$14,583$28,094$58,214XML
990January 2025$323,649$331,001$71,725XML
990January 2024$216,499$143,580$82,075XML
990-EZJanuary 2023–––IRS
990-EZJanuary 2022–––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 86-2061594).

Questions about WAY FORWARD TAXI ALLIANCE INC

What is the EIN of WAY FORWARD TAXI ALLIANCE INC?
The employer identification number (EIN) of WAY FORWARD TAXI ALLIANCE INC is 86-2061594.
Is WAY FORWARD TAXI ALLIANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Which annual return does WAY FORWARD TAXI ALLIANCE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of WAY FORWARD TAXI ALLIANCE INC due?
The return for tax year 2026 (the year ending January 31, 2027) is due June 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAY FORWARD TAXI ALLIANCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended January 2026.
Who is the principal officer of WAY FORWARD TAXI ALLIANCE INC?
The 990 for the year ended January 31, 2026 names Linda Garofalo.
Who are the officers and directors of WAY FORWARD TAXI ALLIANCE INC?
The 990 for the year ended January 31, 2026 lists 5 people; 0 received compensation from the organization.
How much revenue does WAY FORWARD TAXI ALLIANCE INC have?
On its 990 for the year ended January 31, 2026 it reported revenue of $14,583, expenses of $28,094 and total assets of $58,214 at year end.

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