Nonprofit · EIN 86-3044402
NATURAL HAIR CARE INSTITUTE INC
Tax-exempt · MINNEAPOLIS, MN 55408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $56,207 | $44,863 | $11,344 | $28,433 | $15,953 | $12,480 |
| December 31, 2023 | 990-EZ | $56,278 | $55,142 | $1,136 | $18,172 | $17,036 | $1,136 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Program service revenue
- $56,206
- Investment income
- $1
Expenses
- Compensation of officers, directors and key employees
- $9,000
- Professional fees and payments to contractors
- $3,137
- Occupancy
- $25,000
- Other expenses
- $16,726
Balance sheet and other
- Total assets, start of year
- $18,172
- Total assets, end of year
- $28,433
- Total liabilities, end of year
- $15,953
- Net assets, end of year
- $12,480
- Cash, savings and investments
- $28,433
- Gross receipts
- $56,207
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AFOLAKEMI LAWANI | EXECUTIVE DIRECTOR | 20 | $9,000 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AFOLAKEMI LAWANI | EXECUTIVE DIRECTOR | 20 | $5,000 |
Address and contacts
- Address (IRS master file)
- 2909 BRYANT AVE S STE 104, MINNEAPOLIS, MN 55408-4966
- In care of
- % AFOLAKEMI LAWANI
- Mailing address (990-N for 2022)
- 2909 Bryant Avenue S 104, Minneapolis MN 55408
- Principal officer (990-N for 2022)
- Afolakemi Lawani, 4775 Bayside road, Maple plain MN 55359
- Signed the 990-EZ
- AFOLAKEMI LAWANI, EXECUTIVE DIRECTOR
- Website
- www.nhci.education
- Return prepared by
- PROSPERLINK TAX GROUP
Mission
OUR GOAL IS TO REDUCE INEEQULAITIES IN T
Program accomplishments
- PROVIDE RELEVANT AND AND ADVANCED TRAINING IN NATURAL HAIR CARE AND BRAIDING AND PROVIDE STUDENTS WITH IMMEDIATE CAREER OPPORTUNITIES
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 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 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-3044402
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $44,080
- Income (IRS master file)
- $100,750
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $56,207 | $44,863 | $28,433 | XML |
| 990-EZ | December 2023 | $56,278 | $55,142 | $18,172 | XML |
| 990-N for 2022 Officer: Afolakemi Lawani | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 86-3044402).
Questions about NATURAL HAIR CARE INSTITUTE INC
- What is the EIN of NATURAL HAIR CARE INSTITUTE INC?
- The employer identification number (EIN) of NATURAL HAIR CARE INSTITUTE INC is 86-3044402.
- Is NATURAL HAIR CARE INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NATURAL HAIR CARE INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATURAL HAIR CARE INSTITUTE 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 NATURAL HAIR CARE INSTITUTE INC 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 NATURAL HAIR CARE INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of NATURAL HAIR CARE INSTITUTE INC?
- The 990-N for 2022 names Afolakemi Lawani.
- Who are the officers and directors of NATURAL HAIR CARE INSTITUTE INC?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $9,000 (AFOLAKEMI LAWANI, EXECUTIVE DIRECTOR).
- How much revenue does NATURAL HAIR CARE INSTITUTE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $56,207, expenses of $44,863 and total assets of $28,433 at year end.
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