Civic Intelligence

Iqraa Foundation Inc.

990EZ • Fiscal year 2022 • EIN 81-3964533

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

8440 W Forest Home AveGreenfield, WI 53228

(414) 334-6864

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

61st percentile

25%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$207,528

Up $30,063 (+17%) from 2021

Net Assets

Up

$207,528

Up $30,418 (+17%) from 2021

Liabilities

Down

$0

Down $355 (-100%) from 2021

Revenue

Up

$196,274

Up $38,732 (+25%) from 2021

Expenses

Up

$165,856

Up $40,639 (+32%) from 2021

Net Income

Down

$30,418

Down $1,907 (-5.9%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $46,450Liabilities 2017: $02017Assets 2018: $82,353Liabilities 2018: $02018Assets 2019: $113,158Liabilities 2019: $02019Assets 2020: $144,785Liabilities 2020: $02020Assets 2021: $177,465Liabilities 2021: $355Net Assets 2021: $177,1102021Assets 2022: $207,528Liabilities 2022: $0Net Assets 2022: $207,5282022Assets 2023: $683,925Liabilities 2023: $0Net Assets 2023: $683,9252023Assets 2024: $861,637Liabilities 2024: $0Net Assets 2024: $861,6372024

Highlighted filing

2022

Assets$207,528
Liabilities$0
Net Assets$207,528

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2017: $186,479Expenses 2017: $162,352Net Income 2017: $24,1272017Revenue 2018: $197,279Expenses 2018: $161,376Net Income 2018: $35,9032018Revenue 2019: $197,980Expenses 2019: $167,175Net Income 2019: $30,8052019Revenue 2020: $144,198Expenses 2020: $112,571Net Income 2020: $31,6272020Revenue 2021: $157,542Expenses 2021: $125,217Net Income 2021: $32,3252021Revenue 2022: $196,274Expenses 2022: $165,856Net Income 2022: $30,4182022Revenue 2023: $663,337Expenses 2023: $186,940Net Income 2023: $476,3972023Revenue 2024: $420,760Expenses 2024: $243,048Net Income 2024: $177,7122024

Highlighted filing

2022

Revenue$196,274
Expenses$165,856
Net Income$30,418
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$196,274
Mission and Program Overview

Mission

COMMUNITY BETTERMENT

Program Services

DescriptionGrantsExpenses
ESTABLISH RELIGIOUS AND ARABIC AFTER SCHOOL PROGRAMS TO MEET THE NEEDS OF THE COMMUNITY BY PROVIDING LOW-COST AND FREE OF CHARGE CLASSES TO FAMILIES IN NEED OR DISENFRANCHISED.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HONADH CHAMOUTPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Iqraa Foundation Inc
EIN
81-3964533
Address
8440 W FOREST HOME AVE, GREENFIELD, WI 53228

Signing Officer

Name
Honadh Chamout
Title
President
Phone
4143346864
Signed
2023-11-07
Discuss with paid preparer
No

Preparer

Firm
Premier Tax Solutions
Address
4021 W Dory Dr, Franklin, WI 53132
Preparer
Sajid Nasir
Phone
4143240427
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 710PAYROLL TAXES 2,195INDEPENDANT CONTRACTOR TUTORS 81,950INSURANCE 500UTILITIES 4,907CLEANING 1,080RENT 16,800OFFICE SUPPLIES 1,591PROGRAM EXPENSES 19,101MARKETING 450ACCOUNTING FEES 1,325PAYMENT PROCESSING FEES 2,409REPAIRS AND MAINTENANCE 100LEGAL AND PROFESSIONAL 2,016DUES AND SUBSCRIPTIONS 2,576

Description of other assets Part II line 24

Category Beginning of Year End of YearOFFICE FURNITURE 1,774 1,064

Description of total liabilities Part II line 26

Category Beginning of Year End of YearACCOUNTING INVOICE 355 0

Raw XML Appendix136 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HONADH CHAMOUT
IRS990EZ/BooksInCareOfDetail/PhoneNum04143346864
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08440 W FOREST HOME AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053228
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0175691
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0206464
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt073993
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt030418
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0177465
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0207528
IRS990EZ/GrossReceiptsAmt0196274
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0177110
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0207528
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0177110
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0207528
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HONADH CHAMOUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01774
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01064
IRS990EZ/OtherExpensesTotalAmt0137710
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY BETTERMENT
IRS990EZ/ProgramServiceRevenueAmt0122281
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ESTABLISH RELIGIOUS AND ARABIC AFTER SCHOOL PROGRAMS TO MEET THE NEEDS OF THE COMMUNITY BY PROVIDING LOW-COST AND FREE OF CHARGE CLASSES TO FAMILIES IN NEED OR DISENFRANCHISED.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt028146
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0355
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0165856
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0196274
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016425
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010588
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02440
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017141
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0120587
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0122281
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0141117
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0133610
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0173540
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0180138
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0750686
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0871273
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0196274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0157542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0144198
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0175980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0197279
IRS990ScheduleA/Total509Grp/TotalAmt0871273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0196274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0157542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0144198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0175980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0197279
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0871273
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 710PAYROLL TAXES 2,195INDEPENDANT CONTRACTOR TUTORS 81,950INSURANCE 500UTILITIES 4,907CLEANING 1,080RENT 16,800OFFICE SUPPLIES 1,591PROGRAM EXPENSES 19,101MARKETING 450ACCOUNTING FEES 1,325PAYMENT PROCESSING FEES 2,409REPAIRS AND MAINTENANCE 100LEGAL AND PROFESSIONAL 2,016DUES AND SUBSCRIPTIONS 2,576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearOFFICE FURNITURE 1,774 1,064
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearACCOUNTING INVOICE 355 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0HONADH CHAMOUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04143346864
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IQRAA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IQRA
ReturnHeader/Filer/EIN0813964533
ReturnHeader/Filer/USAddress/AddressLine1Txt08440 W FOREST HOME AVE
ReturnHeader/Filer/USAddress/CityNm0GREENFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053228
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271248942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Premier Tax Solutions
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04021 W Dory Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Franklin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053132
ReturnHeader/PreparerPersonGrp/PhoneNum04143240427
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sajid Nasir
ReturnHeader/ReturnTs02023-11-15T22:15:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HONADH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAMOUT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings