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Peace Academy

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its July 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$1.95M (2023)

Expenses
$1.99M (2023)

Total Assets
$1.48M (2023)

Total Liabilities
$1.42k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,946,423
Expenses
$1,988,186
Net Income
-$41,763
Net Assets
$1,481,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,735,207
89.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $211,216
10.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $20,000
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,144,993
57.6%
Assets/Debt
Total Assets $1,482,981
Total Liabilities $1,416
Net Assets $1,481,565
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $20,000 $0 $0
Babar Saeed (Treasurer) $0 $0 $0
Aslam Syed (Member) $0 $0 $0
Arooj Chishty (Vice Chairman) $0 $0 $0
Khalique Rehman (Secretary) $0 $0 $0
Andrea Al Rifai (Pto President) $0 $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,209,823
Expenses
$1,685,592
Net Income
$524,231
Net Assets
$1,521,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,176,333
98.5%
Program Services $0
Investment Income $33,490
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,000
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,010,946
60.0%
Assets/Debt
Total Assets $1,522,274
Total Liabilities $698
Net Assets $1,521,576
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $20,000 $0 $0
Babar Saeed (Treasurer) $0 $0 $0
Dr Mohammad Fakhr (Member) $0 $0 $0
Issam Alawin (Vice Chairman) $0 $0 $0
Khalique Rehman (Secretary) $0 $0 $0
Mohammed Almutwalli (Member) $0 $0 $0
Ashley Seck (Pto President) $0 $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,254,186
Expenses
$1,195,338
Net Income
$58,848
Net Assets
$997,648
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,218,802
97.2%
Program Services $0
Investment Income $35,384
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,100
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $839,506
70.2%
Assets/Debt
Total Assets $1,005,129
Total Liabilities $7,481
Net Assets $997,648
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $18,100 $0 $0
Dr Mohammad Fakhr (Member) $0 $0 $0
Khalique Rehman (Secretary) $0 $0 $0
Issam Alawin (Vice Chairman) $0 $0 $0
Babar Saeed (Treasurer) $0 $0 $0
Mohammed Almutwalli (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,375,021
Expenses
$1,397,785
Net Income
-$22,764
Net Assets
$747,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,332,569
96.9%
Program Services $0
Investment Income $42,452
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,707
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $874,416
62.6%
Assets/Debt
Total Assets $939,478
Total Liabilities $192,234
Net Assets $747,244
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $20,707 $0 $0
Issam Alawin (Vice Chairman) $0 $0 $0
Khalique Rehman (Secretary) $0 $0 $0
Babar Saeed (Treasurer) $0 $0 $0
Dr Mohammad Fakhr (Member) $0 $0 $0
Mohammed Almutwalli (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,262,246
Expenses
$1,263,310
Net Income
-$1,064
Net Assets
$780,638
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,256,067
99.5%
Program Services $0
Investment Income $4,533
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,646
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,900
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $800,684
63.4%
Assets/Debt
Total Assets $823,068
Total Liabilities $42,430
Net Assets $780,638
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $16,900 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Hanan El Ragy (Member) $0 $0 $0
Issam Alawin (Member) $0 $0 $0
Babar Saeed (Treasurer) $0 $0 $0
Badia Tiger (Pto President) $0 $0 $0
Dr Mohammad Fakhr (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,259,532
Expenses
$1,193,573
Net Income
$65,959
Net Assets
$784,956
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,229,668
97.6%
Program Services $0
Investment Income $26,756
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,108
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,335
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $760,843
63.7%
Assets/Debt
Total Assets $787,200
Total Liabilities $2,244
Net Assets $784,956
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussien Khattab (Chairman) $15,535 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Hanan El Ragy (Member) $0 $0 $0
Issam Alawin (Member) $0 $0 $0
Babar Saeed (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,251,425
Expenses
$1,247,584
Net Income
$3,841
Net Assets
$720,558
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,234,091
98.6%
Program Services $0
Investment Income $14,273
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,061
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,000
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $776,588
62.2%
Assets/Debt
Total Assets $720,602
Total Liabilities $44
Net Assets $720,558
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussain Khattab (Member) $15,000 $0 $0
Arooj Chisty (Chairwoman) $0 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Mohammed Ahmed (Secretary) $0 $0 $0
Ashraf Abdelmonem (Director Planning) $0 $0 $0
Aisha Gilani (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,244,298
Expenses
$1,141,994
Net Income
$102,304
Net Assets
$720,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,232,040
99.0%
Program Services $0
Investment Income $6,673
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,585
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $19,689
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $705,974
61.8%
Assets/Debt
Total Assets $720,624
Total Liabilities $0
Net Assets $720,624
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Hussain Khattab (Member) $19,689 $0 $0
Ashraf Abdelmonem (Chairman) $0 $0 $0
Arooj Chisty (Vice President) $0 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Mohammed Ahmed (Member) $0 $0 $0
Shahin Siddiquee (Member) $0 $0 $0
Aisha Gilani (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,217,641
Expenses
$1,057,736
Net Income
$159,905
Net Assets
$623,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,207,717
99.2%
Program Services $0
Investment Income $6,599
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,325
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,612
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $638,362
60.4%
Assets/Debt
Total Assets $623,829
Total Liabilities $63
Net Assets $623,766
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Hussain Khattab (Member) $13,612 $0 $0
Dr Kamran A Abbasi (Chairman) $0 $0 $0
Nour Habib (Member) $0 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Arooj Chishty (Member) $0 $0 $0
Saima Abbasi (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,159,075
Expenses
$1,030,201
Net Income
$128,874
Net Assets
$446,557
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,157,874
99.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1,201
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,600
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $594,494
57.7%
Assets/Debt
Total Assets $447,363
Total Liabilities $806
Net Assets $446,557
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Hussain Khattab (Member) $3,600 $0 $0
Dr Kamran A Abbasi (Chairman) $0 $0 $0
Nour Habib (Member) $0 $0 $0
Ayman Kabbani (Member) $0 $0 $0
Adnan Sheikh (Treasurer) $0 $0 $0
Arooj Chisty (Member) $0 $0 $0

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,186,299
Expenses
$1,056,376
Net Income
$129,923
Net Assets
$319,004
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,183,487
99.8%
Program Services $0
Investment Income $1,082
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,730
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,520
1.1%
Professional Fundraising Fees $2,000
0.2%
Other Salaries and Wages $567,988
53.8%
Assets/Debt
Total Assets $319,004
Total Liabilities $0
Net Assets $319,004

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$910,205
Expenses
$892,144
Net Income
$18,061
Net Assets
$191,031
Notable Sources of Revenue Percent of Total Revenue
Contributions $909,180
99.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1,025
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,723
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $493,000
55.3%
Assets/Debt
Total Assets $191,045
Total Liabilities $14
Net Assets $191,031

Document Links

Fiscal Year Ending July
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

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