Is it real?
Yes. Exemption reinstated (2012-12-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in May 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
6 people listed on the 990.
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 15aYes
Programs and updates
Nurtures young American Muslims to become future scholars.
Questions for Iqa Foundation
Your first name shows with your question. Iqa Foundation answers here, for everyone.
Good Tree Academy is an educational institution open to students of pre-school through 12th grade. The school seeks to develop the whole-child through a balance of Islamic Guidance and study of conventional subjects.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-1300145) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.1M | $5.1M |
| Land, buildings, equipmentLn 10c | $3.4M | $3.4M |
| Total assetsLn 16 | $6.6M | $8.5M |
| LiabilitiesLn 26 | $1.7M | $1.6M |
| Net assetsLn 32 | $4.9M | $6.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $2.0M | $2.0M | ||
| Payroll taxesLn 10 | $143K | $143K | ||
| Accounting feesLn 11c | $10K | $10K | ||
| Advertising and promotionLn 12 | $33K | $2K | $31K | |
| Office expensesLn 13 | $44K | $40K | $4K | $117 |
| Information technologyLn 14 | $8K | $8K | ||
| InterestLn 20 | $74K | $74K | ||
| Depreciation, depletion and amortizationLn 22 | $108K | $108K | ||
| InsuranceLn 23 | $36K | $36K | ||
| Other expenses (24a–d)Ln 24 | $35K | $35K | ||
| All other expensesLn 24e | $413K | $399K | $2K | $12K |
| Total functional expensesLn 25 | $2.9M | $2.8M | $6K | $43K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Dec 8, 2025 | $3.1M | $2.9M | $240K | $6.9M | 990 PDF |
| FY2024Filed with the IRS Jan 20, 2025 | $3.0M | $2.6M | $337K | $4.9M | 990 PDF |
| FY2023Filed with the IRS Jun 7, 2024 | $3.1M | $2.4M | $669K | $3.2M | 990 PDF |
| FY2022Filed with the IRS May 22, 2023 | $2.5M | $1.9M | $581K | $2.9M | 990 PDF |
| FY2021Filed with the IRS Jun 7, 2022 | $2.4M | $1.9M | $470K | $2.4M | 990 PDF |
| FY2020Filed with the IRS Jun 15, 2021 | $2.5M | $2.1M | $411K | $1.8M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $3,101,489 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 3 to look at
Part VIII · Statement of revenue $3,101,489 across 6 lines filed
Part IX · Statement of functional expenses $2,861,611 across 11 lines filed
Part X · Balance sheet $8,510,529 assets, 8 lines filed
Part XI · Reconciliation of net assets $6,902,282 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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