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Nonprofit · EIN 99-3225672

BURHAN ACADEMY

Tax-exempt · ELGIN, IL 60123

Financials

$4.9M$444K2024
Revenue Expenses · by fiscal year end
Financials of BURHAN ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,945,701$444,257$4,501,444$4,507,954$6,510$4,501,444
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,704,778
Program service revenue
$240,923
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$15,625
Other salaries and wages
$159,366
Salaries, compensation and benefits (total)
$201,353
Professional fundraising fees
$0
Legal fees
$2,740
Travel
$14,272
Depreciation
$27,863
Program services (functional)
$315,040
Management and general (functional)
$60,116
Fundraising (functional)
$69,101

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$4,507,954
Total liabilities, end of year
$6,510
Net assets, end of year
$4,501,444
Land, buildings and equipment
$3,692,137
Net assets without donor restrictions
$4,501,444
Gross receipts
$4,945,701
Employees
15
Year formed
2024
State of legal domicile
IL

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Dr Yasir Nadeem al WajidiPresident
Officer
40$0
Dr Mohammed Tajammul HussainSecretary
Officer
5$0
Naeem SarwarTreasurer
Officer
5$0
Dr Hamid NazeerVice President
Officer
5$0

Address and contacts

Address (IRS master file)
1340 SOUTH ST, ELGIN, IL 60123-7110
In care of
% DR YASIR NADEEM AL WAJIDI
Principal officer (990 for 2024)
Hamid Nazeer, 350 Park St, Elgin, IL 60120
Signed the 990
Hamid Nazeer, Board Member
Phone
(815) 900-9988
Return prepared by
Aisha Farooqui

Mission

Burhan Academy provides high-quality, full-time education for Pre-K to 12th grade students, focusing on strong academics, character development, and personal growth. The school is dedicated to creating a supportive learning environment that prepares students to excel academically and become responsible, contributing members of their community.

990 for the year ended December 31, 2024

Program accomplishments

  • Burhan Academy provides high-quality, full-time education for Pre-K to 12th grade students, focusing on strong academics, character development, and personal growth. The school is dedicated to creating a supportive learning environment that prepares students to excel academically and become responsible, contributing members of their community.
    Expenses $315,040

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-3225672
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$4,507,954
Income (IRS master file)
$4,945,701

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,945,701$444,257$4,507,954XML

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 99-3225672).

Questions about BURHAN ACADEMY

What is the EIN of BURHAN ACADEMY?
The employer identification number (EIN) of BURHAN ACADEMY is 99-3225672.
Is BURHAN ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to BURHAN ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BURHAN 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 BURHAN ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BURHAN ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BURHAN ACADEMY?
The 990 for the year ended December 31, 2024 names Hamid Nazeer.
Who are the officers and directors of BURHAN ACADEMY?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does BURHAN ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,945,701, expenses of $444,257 and total assets of $4,507,954 at year end.

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