Nonprofit · EIN 04-3481267
ALMASI FOUNDATION LTD
Tax-exempt · SOMERVILLE, MA 02144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | – | – | – | $24,000 | $49,000 | -$25,000 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Program services (functional)
- $30,500
Balance sheet and other
- Total assets, start of year
- $25,000
- Total assets, end of year
- $24,000
- Total liabilities, end of year
- $49,000
- Net assets, end of year
- -$25,000
- Gross receipts
- $0
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOHAMED BUTT | PRESIDENT | 25 | $0 |
| MISHAL BUTT | TREASURER | 10 | $0 |
| SYLVIA PONCE | CLERK | 5 | $0 |
| AMIN ABDI | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 341R SUMMER ST APT 1R, SOMERVILLE, MA 02144-3157
- In care of
- % MOHAMED BUTT
- Signed the 990-EZ
- MOHAMED BUTT, PRESIDENT
- Phone
- (617) 620-9220
- Return prepared by
- OMAR FINANCIAL
Mission
HELPING CHILDREN BUILD A BRIGHTER FUTURE
Program accomplishments
- WEBSITEExpenses $4,000
- RENOVATION BATHROOM AND KITCHENExpenses $21,500
- IFA TURNAMATEExpenses $5,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | No data |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 04-3481267
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $24,000
Filing history
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ALMASI FOUNDATION LTD
- What is the EIN of ALMASI FOUNDATION LTD?
- The employer identification number (EIN) of ALMASI FOUNDATION LTD is 04-3481267.
- Is ALMASI FOUNDATION LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to ALMASI FOUNDATION LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALMASI FOUNDATION LTD file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ALMASI FOUNDATION LTD due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALMASI FOUNDATION LTD last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of ALMASI FOUNDATION LTD?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
Other nonprofits in SOMERVILLE
- ELEVATE YOUTH INC EIN 82-1643548 · last filed 990 for 2024
- LAUNCH GURLS EIN 85-0908781 · last filed 990 for 2024
- SOMERVILLE YOUTH HOCKEY ASSOCIATION INC EIN 31-1691477 · last filed 990 for 2025
- MIXED IDENTITY PROJECT INC EIN 99-2792156 · last filed 990-EZ for 2024
- NATIONAL HISTORY CLUB INC EIN 20-5662995 · last filed 990 for 2025
- SOMERVILLE HIGH HOCKEY BLUELINERS EIN 84-1620810 · last filed 990-EZ for 2025
- SOMERVILLE YOUTH AND RECREATION FOUNDATION EIN 51-0572717 · last filed 990-EZ for 2025
- RYAN HARRINGTON FOUNDATION INC EIN 46-0790876 · last filed 990-EZ for 2025
All nonprofits in SOMERVILLE · Massachusetts · Youth development