Iqra Fund FY2021 filing

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Iqra fund's mission is to provide access to sustainable quality education in remote tribal regions of pakistan. We currently work "at the end of the road" in gilgit-baltistan, pakistan providing the critical social services and funding necessary to break the financial, social, cultural, political, geographic and historical barriers that prevent girls from going to school, staying in school, and receiving a quality education.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.0M a year · 63% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$874K
+208% vs prior year
Spent
$413K
To programs
71%
Net assets
$689K
By yearFY2020–FY2024
Revenue
$874K
FY2021▲ +208%
Tap a bar for its year
Revenue by fiscal year
FY2020$284K
FY2021$874K
FY2022$4.9M
FY2023$992K
FY2024$1.0M
Expenses
$413K
FY2021▲ +69%
Tap a bar for its year
Expenses by fiscal year
FY2020$245K
FY2021$413K
FY2022$690K
FY2023$815K
FY2024$794K
Net assets
$689K
FY2021▲ +203%
Tap a bar for its year
Net assets by fiscal year
FY2020$227K
FY2021$689K
FY2022$4.8M
FY2023$465K
FY2024$722K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2012.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $292K Management & general 9% · $37K Fundraising 20% · $85K

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

5 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$55,042Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Genevieve Walsh’s $92K as President & CEO is at the 27th percentile of top reported officer pay among 1168 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Genevieve Walsh$92,165$140,044$49,583$55,042$50,723

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Iqra Fund executive salaries →

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

Provides quality education and social services to girls in remote Pakistani tribal regions.

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1 program · $292K · in their own filed words · FY2021
01

Iqra fund establishes high quality self-sustaining school systems in the remote, mountainous regions of northern pakistan. We are dedicated to empowering all students, especially GIRLS.PARTNERING with communities that request our support, we provide access to education for both girls and boys, with a primary goal of ensuring 100% of the…

$292Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$874K
Ln 12
Gifts and grantsLn 1h$869K
Investment incomeLn 3$5K
Money outPt IX
$413K
Ln 25
Programscol B$292K
Managementcol C$37K
Fundraisingcol D$85K
Owns and owesPt X
$689K
net assets · Ln 32
Cash and savingsLn 1–2$298K
Total assetsLn 16$720K
LiabilitiesLn 26$31K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$869K
Noncash giftsLn 1g$25K
Investment incomeLn 3$5K
Gains on assetsLn 7$0
Total revenueLn 12$874K
Assets in detailPt X, end of year
CashLn 1$298K
Cash and savings togetherLn 1–2$298K
Pledges and grants receivableLn 3$311K
Prepaid expenses and deferred chargesLn 9$4K
Other assetsLn 15$107K
Total assetsLn 16$720K
LiabilitiesLn 26$31K
Net assetsLn 32$689K
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$14K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$105K$298K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$232K$720K
LiabilitiesLn 26$5K$31K
Net assetsLn 32$227K$689K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$14K$14K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$55K$44K$3K$8K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$157K$157K
Pension plan contributionsLn 8$2K$1K$83$248
Other employee benefitsLn 9$16K$14K$521$2K
Payroll taxesLn 10$4K$3K$211$633
Management feesLn 11a$0
Legal feesLn 11b$3K$2K$86$259
Accounting feesLn 11c$31K$1K$29K$256
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$85K$10K$3K$72K
Advertising and promotionLn 12$0
Office expensesLn 13$16K$14K$442$1K
Information technologyLn 14$1K$1K$62
RoyaltiesLn 15$0
OccupancyLn 16$9K$9K$109$327
TravelLn 17$12K$12K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$8K$8K
All other expensesLn 24e$132$132
Total functional expensesLn 25$413K$292K$37K$85K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 16, 2025 $1.0M$794K$236K$722K 990 PDF
FY2023Filed with the IRS Sep 30, 2024 $992K$815K$177K$465K 990 PDF
FY2022Filed with the IRS Nov 3, 2023 $4.9M$690K$4.2M$4.8M 990 PDF
FY2021 ViewingFiled with the IRS Aug 24, 2022 $874K$413K$461K$689K 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $284K$245K$39K$227K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $873,538 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $281,388$869,027
I-9 Program service revenue$0
I-10 Investment incomePrior year $2,566$4,511
I-11 Other revenue$0
I-12 Total revenuePrior year $283,954$873,538
I-13 Grants and similar amounts paidPrior year $4,906$14,401
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $171,939$234,275
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $67,720$164,246
I-18 Total expensesPrior year $244,565$412,922
I-19 Revenue less expensesPrior year $39,389$460,616
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $873,538 across 9 lines filed
VIII-1f All other contributions, gifts and grants$869,027
VIII-1g Noncash contributions (included above)$24,904
VIII-1h Total contributions, gifts and grants$869,027
VIII-3 Investment incomeExcluded from tax $4,511$4,511
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $4,511$873,538
Part IX · Statement of functional expenses $412,922 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $14,401$14,401
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $44,034 · Management $2,752 · Fundraising $8,256$55,042
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $156,993$156,993
IX-8 Pension plan contributionsPrograms $1,321 · Management $83 · Fundraising $248$1,652
IX-9 Other employee benefitsPrograms $14,283 · Management $521 · Fundraising $1,562$16,366
IX-10 Payroll taxesPrograms $3,378 · Management $211 · Fundraising $633$4,222
IX-11a Management fees$0
IX-11b Legal feesPrograms $2,306 · Management $86 · Fundraising $259$2,651
IX-11c Accounting feesPrograms $1,363 · Management $29,076 · Fundraising $256$30,695
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $9,740 · Management $3,280 · Fundraising $71,639$84,659
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $14,358 · Management $442 · Fundraising $1,393$16,193
IX-14 Information technologyPrograms $1,178 · Management $62$1,240
IX-15 Royalties$0
IX-16 OccupancyPrograms $8,535 · Management $109 · Fundraising $327$8,971
IX-17 TravelPrograms $12,066$12,066
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $7,639$7,639
IX-24e All other expensesPrograms $132$132
IX-25 Total functional expensesPrograms $291,727 · Management $36,622 · Fundraising $84,573$412,922
Part X · Balance sheet $720,192 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $105,200$298,047
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$311,188
X-4 Accounts receivableStart of year $19,697$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $3,771$3,917
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $102,974$107,040
X-16 Total assetsStart of year $231,642$720,192
X-17 Accounts payable and accrued expensesStart of year $2,075$23,480
X-25 Other liabilitiesStart of year $2,519$8,008
X-26 Total liabilitiesStart of year $4,594$31,488
X-27 Net assets without donor restrictionsStart of year $104,377$70,481
X-28 Net assets with donor restrictionsStart of year $122,671$618,223
X-32 Total net assets or fund balancesStart of year $227,048$688,704
X-33 Total liabilities and net assetsStart of year $231,642$720,192
Part XI · Reconciliation of net assets $688,704 net assets at year end
XI-1 Total revenue$873,538
XI-2 Total expenses$412,922
XI-3 Revenue less expenses$460,616
XI-4 Net assets at start of year$227,048
XI-5 Net unrealized gains (losses) on investments$1,040
XI-10 Net assets at end of year$688,704

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

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