Totals
- Total revenue
- $2,029,391
- Total expenses
- $1,456,867
- Contributions and grants received
- $183,748
- Grants paid
- $0
- Program service revenue
- $1,557,842
- Investment income
- $219
- Other revenue
- $287,582
- Total assets, end of year
- $3,432,652
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,432,652
- Program services expenses (Part IX)
- $1,456,867
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,456,867
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$50,000
-
1f · All other contributions, gifts and grants
$133,748
-
2a · Program service revenue: Tuition and fees
total $1,557,842 · related or exempt $1,557,842
-
3 · Investment income
total $219 · related or exempt $219
-
11a · Other revenue: Miscellaneous
total $2,221 · related or exempt $2,221
-
11b · Other revenue: Nurse Reimbursements
total $58,224 · related or exempt $58,224
-
11c · Other revenue: Insurance Claim
total $227,137 · related or exempt $227,137
-
11e · Other revenue, total
$287,582
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $969,958 · program services $969,958
-
10 · Payroll taxes
total $82,127 · program services $82,127
-
11c · Fees: accounting
total $12,000 · program services $12,000
-
13 · Office expenses
total $8,129 · program services $8,129
-
20 · Interest
total $43 · program services $43
-
22 · Depreciation, depletion and amortization
total $66,974 · program services $66,974
-
23 · Insurance
total $21,929 · program services $21,929
-
24a · Other expenses: Cleaning and Maintenance
total $44,137 · program services $44,137
-
24b · Other expenses: School Supplies
total $74,969 · program services $74,969
-
24c · Other expenses: Utilities
total $83,476 · program services $83,476
-
24d · Other expenses: Repairs
total $12,861 · program services $12,861
-
24e · All other expenses
total $80,264 · program services $80,264
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,322,231 · end of year $1,613,487
-
10a · Land, buildings and equipment: cost or other basis
$2,311,248
-
10b · Land, buildings and equipment: accumulated depreciation
$532,042
-
10c · Land, buildings and equipment, net
beginning of year $1,498,157 · end of year $1,779,206
-
11 · Investments: publicly traded securities
beginning of year $31,463 · end of year $39,959
-
27 · Net assets without donor restrictions
beginning of year $2,851,851 · end of year $3,432,652
Mission and programs · 2023
Mission
Madina Academy is a private elementary, middle and high school. Our mission is to provide education that is based upon the noblest traditions. This education will in turn produce model citizens.
-
These expenses were incurred in providing education to elementary, middle and high school children. The revenues were generated primarily through the tuition fee and donations.
Expenses $1,456,867 · Grants $50,000 · Revenue $2,029,391
As filed on the 2023 return.
Listed in Part VII
-
Raymond Cooper
Principal
- Total calculated
- $84,000
- From this org
- $84,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ahsan Saghir
Secretary & Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Naeem Khalid
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Rubina Ali
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501959349300040
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.