The Mumtaz Foundation INC

Sanford, FLUnknown exempt organization EIN 02-0600611Revenue $316 in FY2021

On file with the IRSmumtazfoundation.com2380 W 25th Street · Sanford, FL

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Medical, charitable, scientific, testing for public safety, literary, for educational purposes, or to foster national or international amateur sports competition, and prevention of cruelty to children and animals.

99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $150K a year · 18234% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$316
-76% vs prior year
Spent
$131K
To programs
99%
Net assets
$0
By yearFY2020–FY2021
Revenue
$316
FY2021▼ -76%
Tap a bar for its year
Revenue by fiscal year
FY2020$1K
FY2021$316
Expenses
$131K
FY2021▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$171K
FY2021$131K
Net assets
$0
FY2021▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$130K
FY2021$0

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $130K Management & general 1% · $818

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See The Mumtaz Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides medical care, education, and promotes public safety and animal welfare.

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Provided by the organization

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3 programs · $130K · in their own filed words · FY2021
01

Educational

Mumtaz modern school india; one of the objectives of the foundation was to provide quality,first class education to the needy students of the world in order to gain knowledge and thus lead a life out of poverty and misery.

$130Kprogram expense
02

During the year the preaching and teaching on the various topics to uplift and enrich the life were organised by the foundation, MR.BAQRI was in charge of this project. A number of students and people were benefitted by his religious discourse taught the students and people to reduce the misery and poverty prevailed in the most parts of…

Pt IX · col B
03

Educational Activity

Scholarship was given to needy and bright students for furtherance in their career.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$316
Ln 12
Investment incomeLn 3$316
Money outPt IX
$131K
Ln 25
Programscol B$130K
Managementcol C$818
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$316
Total revenueLn 12$316
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Total assetsLn 16$130K$0
LiabilitiesLn 26$0$0
Net assetsLn 32$130K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$750$750
Other expenses (24a–d)Ln 24$130K$130K$68
Total functional expensesLn 25$131K$130K$818$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $316$131K−$130K$0 990 PDF
FY2020 $1K$171K−$170K$130K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $316 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,329$316
I-11 Other revenue$0
I-12 Total revenuePrior year $1,329$316
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $171,058$130,532
I-18 Total expensesPrior year $171,058$130,532
I-19 Revenue less expensesPrior year −$169,729−$130,216
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $316 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $316$316
VIII-12 Total revenueExcluded from tax $316$316
Part IX · Statement of functional expenses $130,532 across 2 lines filed
IX-11c Accounting feesManagement $750$750
IX-24 Other expenses (24a–d)Programs $129,714 · Management $68$129,782
IX-25 Total functional expensesPrograms $129,714 · Management $818 · Fundraising $0$130,532
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $130,216$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $130,216$0
X-33 Total liabilities and net assetsStart of year $130,216$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$316
XI-2 Total expenses$130,532
XI-3 Revenue less expenses−$130,216
XI-4 Net assets at start of year$130,216
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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