Skip to main content

Nonprofit · EIN 87-1184931

AKSHAR FOUNDATION-US INC

Tax-exempt · TIMONIUM, MD 21093

Financials

$1.8M$1.8M2022$6K$3K2023$2.8M$2.6M2024$1.4M$93K2025
Revenue Expenses · by fiscal year end
Financials of AKSHAR FOUNDATION-US INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$1,381,358$92,781$1,288,577$1,499,460$3,783$1,495,677
March 31, 2025990$2,753,182$2,566,258$186,924$207,100$0$207,100
March 31, 2024990$5,700$2,684$3,016$20,176$0$20,176
March 31, 2023990$1,839,205$1,822,045$17,160$17,160$0$17,160
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$1,381,358
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$58,668
Salaries, compensation and benefits (total)
$63,450
Professional fundraising fees
$0
Accounting fees
$1,814
Travel
$20,233
Management and general (functional)
$92,781

Balance sheet and other

Total assets, start of year
$207,100
Total assets, end of year
$1,499,460
Total liabilities, end of year
$3,783
Net assets, end of year
$1,495,677
Gross receipts
$1,381,358
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
MD

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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
MAZIN MUKHTARDIRECTOR
Trustee or director
40$45,833
DR ALAKA SARMADIRECTOR
Trustee or director
40$0
PARMITA SARMADIRECTOR
Trustee or director
40$0
DR HOLLY SHAWDIRECTOR
Trustee or director
40$0
YALE LEVITAEDIRECTOR
Trustee or director
40$0
MOLLIE LAFFIN-ROSE AGIBOADIRECTOR
Trustee or director
40$0
990 for the year ended March 31, 2025: 6 people
NameTitleHours / weekCompensation
DR ALAKA SARMADIRECTOR
Trustee or director
40$0
MAZIN MUKHTARDIRECTOR
Trustee or director
40$0
PARMITA SARMADIRECTOR
Trustee or director
40$0
DR HOLLY SHAWDIRECTOR
Trustee or director
40$0
YALE LEVITAEDIRECTOR
Trustee or director
40$0
MOLLIE LAFFIN-ROSE AGIBOADIRECTOR
Trustee or director
40$0
990 for the year ended March 31, 2024: 6 people
NameTitleHours / weekCompensation
DR ALAKA SARMADIRECTOR
Trustee or director
40$0
MAZIN MUKHTARDIRECTOR
Trustee or director
40$0
PARMITA SARMADIRECTOR
Trustee or director
40$0
DR HOLLY SHAWDIRECTOR
Trustee or director
40$0
YALE LEVITAEDIRECTOR
Trustee or director
40$0
MOLLIE LAFFIN-ROSE AGIBOADIRECTOR
Trustee or director
40$0
990 for the year ended March 31, 2023: 6 people
NameTitleHours / weekCompensation
ALAKA SARMADIRECTOR
Trustee or director
40$0
MAZIN MUKHTARDIRECTOR
Trustee or director
40$0
PARMITA SARMADIRECTOR
Trustee or director
40$0
HOLLY SHAWDIRECTOR
Trustee or director
40$0
YALE LEVITAEDIRECTOR
Trustee or director
40$0
MOLLIE LAFFIN-ROSE AGIBOADIRECTOR
Trustee or director
40$0

Address and contacts

Address (IRS master file)
10807 FALLS ROAD SUITE 413, TIMONIUM, MD 21093-4591
In care of
% STUART LEVINE
Principal officer (990 for 2025)
MAZIN MUKHTAR, 10807 FALLS ROAD SUITE 413, TIMONIUM, MD 21093
Signed the 990
MAZIN MUKHTAR, TRUSTEE
Phone
(410) 630-4422
Return prepared by
WEIL AKMAN BAYLIN & COLEMAN PA

Mission

TO SPREAD THE INDIAN EDUCATION MODEL THROUGHOUT THE WORLD.

990 for the year ended March 31, 2026

Program accomplishments

  • TRANSFORMING THE EDUCATION SYSTEM IN THE STATE OF ASSAM IN NORTH EAST INDIA
    revenue $1,381,358

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
87-1184931
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$1,499,460
Income (IRS master file)
$1,381,358

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$1,381,358$92,781$1,499,460XML
990March 2025$2,753,182$2,566,258$207,100XML
990March 2024$5,700$2,684$20,176XML
990March 2023$1,839,205$1,822,045$17,160IRS

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 87-1184931).

Questions about AKSHAR FOUNDATION-US INC

What is the EIN of AKSHAR FOUNDATION-US INC?
The employer identification number (EIN) of AKSHAR FOUNDATION-US INC is 87-1184931.
Is AKSHAR FOUNDATION-US INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to AKSHAR FOUNDATION-US INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AKSHAR FOUNDATION-US 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 AKSHAR FOUNDATION-US INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AKSHAR FOUNDATION-US INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of AKSHAR FOUNDATION-US INC?
The 990 for the year ended March 31, 2026 names MAZIN MUKHTAR.
Who are the officers and directors of AKSHAR FOUNDATION-US INC?
The 990 for the year ended March 31, 2026 lists 6 people; 1 received compensation from the organization, the highest $45,833 (MAZIN MUKHTAR, DIRECTOR).
How much revenue does AKSHAR FOUNDATION-US INC have?
On its 990 for the year ended March 31, 2026 it reported revenue of $1,381,358, expenses of $92,781 and total assets of $1,499,460 at year end.

Other nonprofits in TIMONIUM

All nonprofits in TIMONIUM · Maryland · Education