Civic Intelligence

Merrimack Valley Islamic Academy Inc.

990 • Fiscal year 2015 • EIN 04-3549933

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 18, 2016

Organization ProfileWWW.THEISLAMICACADEMY.COM

View Organization Page

125 Oakland AveMethuen, MA 01843

(978) 975-7335

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.31x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.10x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

37th percentile

-0.6%

Higher net margin than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

68th percentile

9.2%

Faster asset growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.2%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$308,465

Up $26,012 (+9.2%) from 2014

Net Assets

Up

$213,253

Up $20,475 (+11%) from 2014

Liabilities

Up

$95,212

Up $5,537 (+6.2%) from 2014

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin37th percentile

Revenue

Up

$994,434

Up $11,684 (+1.2%) from 2014

Expenses

Up

$1,000,834

Up $75,966 (+8.2%) from 2014

Net Income

Down

-$6,400

Down $64,282 (-111%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $324,346Liabilities 2010: $145,246Net Assets 2010: $179,1002010Assets 2011: $345,593Liabilities 2011: $175,886Net Assets 2011: $169,7072011Assets 2012: $217,371Liabilities 2012: $60,174Net Assets 2012: $157,1972012Assets 2013: $260,515Liabilities 2013: $126,272Net Assets 2013: $134,2432013Assets 2014: $282,453Liabilities 2014: $89,675Net Assets 2014: $192,7782014Assets 2015: $308,465Liabilities 2015: $95,212Net Assets 2015: $213,2532015Assets 2016: $246,445Liabilities 2016: $81,630Net Assets 2016: $164,8152016Assets 2017: $238,243Liabilities 2017: $94,145Net Assets 2017: $144,0982017Assets 2018: $271,545Liabilities 2018: $60,143Net Assets 2018: $211,4022018Assets 2019: $199,199Liabilities 2019: $59,750Net Assets 2019: $139,4492019Assets 2020: $463,356Liabilities 2020: $47,666Net Assets 2020: $415,6902020Assets 2021: $475,105Liabilities 2021: $22,868Net Assets 2021: $452,2372021Assets 2022: $466,626Liabilities 2022: $92,614Net Assets 2022: $374,0122022Assets 2023: $510,917Liabilities 2023: $158,219Net Assets 2023: $352,6982023Assets 2024: $1,377,176Liabilities 2024: $184,302Net Assets 2024: $1,192,8742024

Highlighted filing

2015

Assets$308,465
Liabilities$95,212
Net Assets$213,253
Open 2015 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $807,0712010Expenses 2011: $856,5952011Expenses 2012: $872,9092012Revenue 2013: $928,732Expenses 2013: $929,994Net Income 2013: -$1,2622013Revenue 2014: $982,750Expenses 2014: $924,868Net Income 2014: $57,8822014Revenue 2015: $994,434Expenses 2015: $1,000,834Net Income 2015: -$6,4002015Revenue 2016: $1,079,399Expenses 2016: $1,127,837Net Income 2016: -$48,4382016Revenue 2017: $1,037,314Expenses 2017: $1,066,604Net Income 2017: -$29,2902017Revenue 2018: $1,214,698Expenses 2018: $1,172,871Net Income 2018: $41,8272018Revenue 2019: $1,220,945Expenses 2019: $1,321,919Net Income 2019: -$100,9742019Revenue 2020: $1,396,794Expenses 2020: $1,125,556Net Income 2020: $271,2382020Revenue 2021: $689,722Expenses 2021: $842,924Net Income 2021: -$153,2022021Revenue 2022: $1,060,128Expenses 2022: $1,128,678Net Income 2022: -$68,5502022Revenue 2023: $1,328,455Expenses 2023: $1,349,597Net Income 2023: -$21,1422023Revenue 2024: $1,930,375Expenses 2024: $1,090,466Net Income 2024: $839,9092024

Highlighted filing

2015

Revenue$994,434
Expenses$1,000,834
Net Income-$6,400
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 18, 2016
Return Version
2014v6.0
Gross Receipts
$994,434
Mission and Program Overview

Mission

The aim of the islamic academy is to give our children an islamic identity and a high quality education. This includes state-of-the-art training in physical and social sciences, and at the same time inculcation of the values, which make individuals good human beings and useful members of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$175,467$164,883▼ $10,584
Savings and Temporary Cash Investments$22,101$52,691▲ $30,590
Land, Buildings, and Equipment, Net$50,792$52,437▲ $1,645
Accounts Receivable$31,112$35,611▲ $4,499
Total Assets$282,453$308,465▲ $26,012
Other Assets Total$2,981$2,843▼ $138
Liabilities
Deferred Revenue$70,685$63,498▼ $7,187
Accounts Payable and Accrued Expenses$18,990$31,714▲ $12,724
Total Liabilities$89,675$95,212▲ $5,537
Net Assets / Fund Balance
Unrestricted Net Assets$192,778$213,253▲ $20,475
Total Net Assets Fund Balance$192,778$213,253▲ $20,475
Total Liabilities and Net Assets / Fund Balance$282,453$308,465▲ $26,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$46,415$39,137$85,552
Other Land Buildings$6,022$33,095$39,117
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Saban CatalbasPresident
Javed SiddiqiVice President
Momani SalaheddinPrincipal
Aniss LoughlamSecretary
Waqar AhmadTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,915
Program Service Revenue
$796,449
Investment Income
$0
Other Revenue
$10,070
All Other Contributions
$187,915
Change in Net Assets
$-6,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$747,823
Other Expenses$253,011
Total Fundraising Expense$73,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$545,560$128,923$10,283$684,766
Occupancy$72,431$18,033$906$91,370
Payroll Taxes$49,840$984$12,233$63,057
Other Expenses$2,261$23$29,838$29,838
Insurance$3,158$112$10,557$13,827
Office Expenses$2,186$158$9,419$11,763
Depreciation Depletion$3,808$79$39$3,926
Fees for Services Accounting$3,789--$3,789
Fees for Services Other$527$10$129$666
Travel$348--$348
Total Functional Expenses$770,068$156,856$73,910$1,000,834
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Accrued Expenses-
Deferred Payroll-
Deferred Tax Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Merrimack Valley Islamic Academy Inc
EIN
04-3549933
Phone
9789757335
Address
125 OAKLAND AVE, METHUEN, MA 01843

Signing Officer

Name
Waqar Ahmad
Title
Financial Director
Signed
2016-02-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Waqar Ahmed
Formed
2001
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
0
Employees
27

Preparer

Firm
EZ Tax and Accounting Services Inc
Address
415 Mt Auburn St, Watertown, MA 02472
Preparer
Azmeena Pathan CPA
Phone
6177445290
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Section FINANCIALSTATEMENTS AND REPORTING, Line 2B

“The board of directors assume the responsibility for oversight of the audit of its financial statements and selection of independent accountant.”

Raw XML Appendix373 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018990
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031714
IRS990/AccountsReceivableGrp/BOYAmt031112
IRS990/AccountsReceivableGrp/EOYAmt035611
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The aim of the Islamic Academy is to give our children an Islamic identity and a high quality education. This includes state-of-the-art training in physical and social sciences, and at the same time inculcation of the values, which make individuals good human beings and useful members of society.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0187915
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0WAQAR AHMAD co MERRIMACK VALLEY ISL
IRS990/BooksInCareOfDetail/PhoneNum09789757335
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 OAKLAND AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0METHUEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001844
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0175467
IRS990/CashNonInterestBearingGrp/EOYAmt0164883
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0187915
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0253011
IRS990/CYOtherRevenueAmt010070
IRS990/CYProgramServiceRevenueAmt0796449
IRS990/CYRevenuesLessExpensesAmt0-6400
IRS990/CYSalariesCompEmpBnftPaidAmt0747823
IRS990/CYTotalExpensesAmt01000834
IRS990/CYTotalFundraisingExpenseAmt073910
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0994434
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt070685
IRS990/DeferredRevenueGrp/EOYAmt063498
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt039
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt079
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03808
IRS990/DepreciationDepletionGrp/TotalAmt03926
IRS990/Desc0The organization operates a faith-based accredited school from Pre-Kindergarten to 8th grade. The organization is accredited by New England Association of Schools and Colleges NEASC. The organization currently enrolls 152 students.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt013853
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0770068
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03789
IRS990/FeesForServicesAccountingGrp/TotalAmt03789
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0129
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0527
IRS990/FeesForServicesOtherGrp/TotalAmt0666
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form720FiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8886TFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0SABAN CATALBAS
IRS990/Form990PartVIISectionAGrp/PersonNm1ANISS LOUGHLAM
IRS990/Form990PartVIISectionAGrp/PersonNm2WAQAR AHMAD
IRS990/Form990PartVIISectionAGrp/PersonNm3JAVED SIDDIQI
IRS990/Form990PartVIISectionAGrp/PersonNm4MOMANI SALAHEDDIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0994434
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt010557
IRS990/InsuranceGrp/ManagementAndGeneralAmt0112
IRS990/InsuranceGrp/ProgramServicesAmt03158
IRS990/InsuranceGrp/TotalAmt013827
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt050792
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052437
IRS990/LandBldgEquipCostOrOtherBssAmt0124669
IRS990/LegalDomicileStateCd0MA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0The aim of the Islamic Academy is to give our children an Islamic identity and a high quality education. This includes state-of-the-art training in physical and social sciences, and at the same time inculcation of the values, which make individuals good human beings and useful members of society.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0192778
IRS990/NetAssetsOrFundBalancesEOYAmt0213253
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/FundraisingAmt0906
IRS990/OccupancyGrp/ManagementAndGeneralAmt018033
IRS990/OccupancyGrp/ProgramServicesAmt072431
IRS990/OccupancyGrp/TotalAmt091370
IRS990/OfficeExpensesGrp/FundraisingAmt09419
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0158
IRS990/OfficeExpensesGrp/ProgramServicesAmt02186
IRS990/OfficeExpensesGrp/TotalAmt011763
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02981
IRS990/OtherAssetsTotalGrp/EOYAmt02843
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1POSTAGE AND SHIPPING
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0459
IRS990/OtherExpensesGrp/FundraisingAmt147
IRS990/OtherExpensesGrp/FundraisingAmt229838
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08534
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt123
IRS990/OtherExpensesGrp/ProgramServicesAmt086160
IRS990/OtherExpensesGrp/ProgramServicesAmt12261
IRS990/OtherExpensesGrp/TotalAmt094694
IRS990/OtherExpensesGrp/TotalAmt1459
IRS990/OtherExpensesGrp/TotalAmt22331
IRS990/OtherExpensesGrp/TotalAmt329838
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010070
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010070
IRS990/OtherRevenueTotalAmt010070
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010283
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128923
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0545560
IRS990/OtherSalariesAndWagesGrp/TotalAmt0684766
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt012233
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0984
IRS990/PayrollTaxesGrp/ProgramServicesAmt049840
IRS990/PayrollTaxesGrp/TotalAmt063057
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WAQAR AHMED
IRS990/PriorPeriodAdjustmentsAmt013022
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1711210
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPORTS PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0760288
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt232158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0760288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt232158
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0183125
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0281716
IRS990/PYOtherRevenueAmt05344
IRS990/PYProgramServiceRevenueAmt0794281
IRS990/PYRevenuesLessExpensesAmt057882
IRS990/PYSalariesCompEmpBnftPaidAmt0643152
IRS990/PYTotalExpensesAmt0924868
IRS990/PYTotalRevenueAmt0982750
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-6400
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052691
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt046415
IRS990ScheduleD/BuildingsGrp/DepreciationAmt039137
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt085552
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06022
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt033095
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED TAX LIABILITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052437
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ASSUME THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part XII, Section FINANCIALSTATEMENTS AND REPORTING, Line 2B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0282453
IRS990/TotalAssetsEOYAmt0308465
IRS990/TotalAssetsGrp/BOYAmt0282453
IRS990/TotalAssetsGrp/EOYAmt0308465
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0187915
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt073910
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0156856
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0770068
IRS990/TotalFunctionalExpensesGrp/TotalAmt01000834
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089675
IRS990/TotalLiabilitiesEOYAmt095212
IRS990/TotalLiabilitiesGrp/BOYAmt089675
IRS990/TotalLiabilitiesGrp/EOYAmt095212
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192778
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0213253
IRS990/TotalProgramServiceExpensesAmt0770068
IRS990/TotalProgramServiceRevenueAmt0796449
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0806519
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0994434
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0282453
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0308465
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0348
IRS990/TravelGrp/TotalAmt0348
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0192778
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0213253
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0125 OAKLAND AVE
IRS990/USAddress/CityNm0METHUEN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001843
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.THEISLAMICACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WAQAR AHMAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERRIMACK VALLEY ISLAMIC ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MERR
ReturnHeader/Filer/EIN0043549933
ReturnHeader/Filer/PhoneNum09789757335
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 OAKLAND AVE
ReturnHeader/Filer/USAddress/CityNm0METHUEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001843
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EZ Tax and Accounting Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0415 Mt Auburn St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Watertown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002472
ReturnHeader/PreparerPersonGrp/PhoneNum06177445290
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Azmeena Pathan CPA
ReturnHeader/ReturnTs02016-02-18T08:51:23-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$308,465
Liabilities
$95,212
Net assets
$213,253
Revenue
$994,434
Expenses
$1,000,834
Net income
-$6,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.18$1.19$1.93$1.09$0.84
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.16$0.35$1.33$1.35$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.09$0.37$1.06$1.13$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.02$0.45$0.69$0.84$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.05$0.42$1.40$1.13$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.06$0.14$1.22$1.32$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.06$0.21$1.21$1.17$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.09$0.14$1.04$1.07$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.08$0.16$1.08$1.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.10$0.21$0.99$1.00$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.09$0.19$0.98$0.92$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.13$0.13$0.93$0.93$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.06$0.16$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.18$0.17$0.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.15$0.18$0.81
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $500k-$1M nonprofits