Nonprofit · EIN 87-2071145
SURAD ACADEMY
Tax-exempt · FARIBAULT, MN 55021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,640,686 | $1,628,203 | $12,483 | $1,308,529 | $1,561,359 | -$252,830 |
| June 30, 2024 | 990 | $1,149,812 | $1,272,872 | -$123,060 | $1,053,977 | $1,279,149 | -$225,172 |
| June 30, 2023 | 990 | $250,300 | $102,412 | $147,888 | $147,888 | $0 | $147,888 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,550,362
- of which government grants
- $1,546,227
- Program service revenue
- $0
- Investment income
- $261
- Other revenue
- $90,063
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,027
- Other salaries and wages
- $591,190
- Salaries, compensation and benefits (total)
- $827,805
- Professional fundraising fees
- $0
- Legal fees
- $998
- Accounting fees
- $69,982
- Occupancy
- $98,275
- Depreciation
- $166,202
- Program services (functional)
- $1,298,927
- Management and general (functional)
- $329,276
Balance sheet and other
- Total assets, start of year
- $1,053,977
- Total assets, end of year
- $1,308,529
- Total liabilities, end of year
- $1,561,359
- Net assets, end of year
- -$252,830
- Land, buildings and equipment
- $24,938
- Gross receipts
- $1,640,686
- Employees
- 27
- Volunteers
- 4
- Year formed
- 2021
- State of legal domicile
- MN
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 | Other / benefits |
|---|---|---|---|---|
| NAJAX SICIID | EXECUTIVE DIRECTOR Officer | 40 | $59,372 | $10,313 |
| ASMA MOHAMOUD | MEMBER/TEACHER Trustee or director | 41 | $17,297 | $3,094 |
| CHERYL WENDT | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DR ABDIRAHMAN MADAR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FAYSEL AHMED | MEMBER Trustee or director | 1 | $0 | $0 |
| SAID MOHAMED | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAYIDCALI AHMED | MEMBER/TEACHER Trustee or director | 41 | $20,756 | $3,713 |
| NAJAX SICIID | EXECUTIVE DIRECTOR Officer | 40 | $20,756 | $3,713 |
| CHERYL WENDT | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS WIEAND | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR RENEE CORNEILLE | SECRETARY (END APRIL 2024) Trustee or director, Officer | 1 | $0 | $0 |
| SABAH OMAR | MEMBER Trustee or director | 1 | $0 | $0 |
| DR ABDIRAHMAN MADAR | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL WENDT | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| DR ABDIRAHMAN MADAR | TREASURER Trustee or director, Officer | 1 | $0 |
| DR RENEE CORNEILLE | SECRETARY Trustee or director, Officer | 1 | $0 |
| THOMAS WIEAND | MEMBER Trustee or director | 1 | $0 |
| SABAH OMAR | MEMBER Trustee or director | 1 | $0 |
| SAYIDCALI AHMED | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 128 8TH AVE NW, FARIBAULT, MN 55021-5067
- In care of
- % JOHN CAIRNS
- Mailing address (990-N for 2021)
- 2751 Hennepin Ave Box 280, Minneapolis MN 55408
- Principal officer (990 for 2024)
- NAJAX SICIID, 128 8TH AVE NW, FARIBAULT, MN 55021
- Signed the 990
- NAJAX SICIID, EXECUTIVE DIRECTOR
- Phone
- (508) 329-1223
- Website
- SURADACADEMY.ORG
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
OUR MISSION IS TO EQUIP STUDENTS WITH THE KNOWLEDGE, COMPETENCIES, AND CONFIDENCE TO EXCEL IN THEIR EDUCATIONAL JOURNEYS AND BEYOND.
Program accomplishments
- SURAD ACADEMY WAS CHARTERED WITH THE PURPOSE OF PROVIDING HIGH-QUALITY EDUCATION WHILE ADDRESSING THE UNIQUE NEEDS OF A DIVERSE STUDENT BODY. WE MEET THESE GOALS BY PRIORITIZING INDIVIDUALIZED INSTRUCTION, OFFERING CULTURALLY RESPONSIVE TEACHING, AND MAINTAINING A RIGOROUS CURRICULUM. WE CONTINUOUSLY ADAPT OUR INSTRUCTIONAL APPROACHES TO SUPPORT ACADEMIC ACHIEVEMENT, HELPING STUDENTS OVERCOME OBSTACLES AND CELEBRATE SUCCESSES. IN ADDITION TO OUR ACADEMIC MISSION, WE FOCUS ON LIFE SKILLS AND SOCIAL-EMOTIONAL DEVELOPMENT, ENSURING OUR STUDENTS ARE PREPARED FOR BOTH COLLEGE AND CAREER PATHWAYS. DURING FY2025 THERE WERE 82 STUDENTS ENROLLED.Expenses $1,298,927
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
- 87-2071145
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $1,308,529
- Income (IRS master file)
- $1,640,686
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,640,686 | $1,628,203 | $1,308,529 | IRS |
| 990 | June 2024 | $1,149,812 | $1,272,872 | $1,053,977 | IRS |
| 990 | June 2023 | $250,300 | $102,412 | $147,888 | XML |
| 990-N for 2021 | June 30, 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 87-2071145).
Questions about SURAD ACADEMY
- What is the EIN of SURAD ACADEMY?
- The employer identification number (EIN) of SURAD ACADEMY is 87-2071145.
- Is SURAD ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SURAD ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SURAD ACADEMY 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 SURAD ACADEMY 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 SURAD ACADEMY 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 SURAD ACADEMY?
- The 990 for the year ended June 30, 2025 names NAJAX SICIID.
- Who are the officers and directors of SURAD ACADEMY?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $59,372 (NAJAX SICIID, EXECUTIVE DIRECTOR).
- How much revenue does SURAD ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,640,686, expenses of $1,628,203 and total assets of $1,308,529 at year end.
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