Thaakat Foundation

Nonprofit profile at a glance

EIN
331212566
IRS 990 coverage
2019–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-N 2011
Location
Romeoville, IL, USA
Phone
8479463549
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Official website

Reported finances

Revenue
$2,901,972
Expenses
$2,585,514
Assets
$586,356
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Uzma Bawany (Executive Director)

People named in this filing

  • Uzma Bawany (Executive Director)
  • Haseeb Baig (Chief Financial Officer)
  • Nudrat Zoha (COO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To rebuild the physical infrastructure and supportive services that allow communities to lift themselves out of poverty, acting as a platform for lasting social impact.

What it reported doing in 2025

In the 2025 year, the organization made significant strides in advancing its mission to combat poverty through education, healthcare, and food security. Key accomplishments include: - Meal Distribution: Reached a major milestone by serving over 1 million meals to students across our campuses, supporting child nutrition and enhancing educational outcomes. Additionally, our central kitchen model streamlined food preparation and distribution, promoting operational efficiency and consistent nutritional standards. - Education Initiatives: Delivered education to over 4,000 students across six campuses in Pakistan and established the Abdul Shukar Ilm Academy and Crimson School in Sierra Leone. Construction began on a new IT institute to expand vocational training opportunities in Pakistan. - Healthcare Access: Provided medical care to more than 20,000 patients through our health facilities, including treatment for 4,000 cases of malaria and the safe delivery of over 380 babies. Construction commenced on a city hospital to further increase healthcare capacity. - Infrastructure Development: Invested over $80,000 in campus infrastructure upgrades, including the installation of sports fields, redesigned Montessori classrooms, libraries, and improved lunch areas to foster well-rounded student development. - Nutrition Expansion: Distributed more than 100,000 loaves of bread through our roti banks in Pakistan, directly supporting community-level food security. - Global Expansion: Launched the Crimson Project, establishing a new school and health facility in Sierra Leone to extend the reach of our education and healthcare programs. These efforts reflect our holistic, multi-pronged strategy to break the cycle of poverty through access to quality education, essential healthcare, and reliable nutrition.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 86
  • Accountability: 94
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.3%; rating input score 86
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.9%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 33.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 34.8% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 29.4% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 86.3% of revenue deployed · 96.9% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 7 filing controls reported · 0 of 6 affiliation controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 58/100.