Nonprofit · EIN 20-3940756
DAMANI FOUNDATION INC
Tax-exempt (reinstated) · DULUTH, GA 30097
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $250,000 | $97,786 | $152,214 | $322,728 | $200 | $322,528 |
| December 31, 2023 | 990-PF | $0 | $57,430 | -$57,430 | $171,344 | $1,030 | $170,314 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250,000
Expenses
- Grants and similar amounts paid
- $95,820
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $97,786
Balance sheet and other
- Total assets, start of year
- $171,344
- Total assets, end of year
- $322,728
- Total liabilities, end of year
- $200
- Net assets, end of year
- $322,528
- Fair market value of assets
- $322,728
- Qualifying distributions
- $97,786
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NIZAR J DAMANI 3079 PREMIERE PARKWAY SUITE 170, DULUTH, GA 30097 | PRESIDENT | 1 | $0 |
| NADIYA N DAMANI 3079 PREMIERE PARKWAY SUITE 170, DULUTH, GA 30097 | CEO | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NIZAR J DAMANI 3079 PREMIERE PARKWAY SUITE 170, DULUTH, GA 30097 | PRESIDENT | 1 | $0 |
| NADIYA N DAMANI 3079 PREMIERE PARKWAY SUITE 170, DULUTH, GA 30097 | CEO | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3079 PREMIERE PKWY STE 170, DULUTH, GA 30097-5244
- In care of
- % NIZAR DAMANI
- Signed the 990-PF
- NIZAR J DAMANI, PRESIDENT
- Phone
- (770) 449-0400
- Return prepared by
- CRI ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-3940756
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $322,728
- Income (IRS master file)
- $250,000
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $250,000 | $97,786 | $322,728 | XML |
| 990-PF | December 2023 | $0 | $57,430 | $171,344 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 20-3940756).
Questions about DAMANI FOUNDATION INC
- What is the EIN of DAMANI FOUNDATION INC?
- The employer identification number (EIN) of DAMANI FOUNDATION INC is 20-3940756.
- Is DAMANI FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to DAMANI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAMANI FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAMANI FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAMANI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of DAMANI FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does DAMANI FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $250,000, expenses of $97,786 and total assets of $322,728 at year end.
Other nonprofits in DULUTH
- COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC EIN 58-1557995 · last filed 990 for 2024
- THE SCOTT HUDGENS FAMILY FOUNDATION INC EIN 58-2513020 · last filed 990-PF for 2024
- JIM & PAULA MCDONALD CHARITABLE TR 12152000 EIN 58-6429849 · last filed 990-PF for 2025
- CHU FAMILY FOUNDATION INC EIN 32-0338339 · last filed 990-PF for 2024
- PRIMERICA FOUNDATION INC EIN 27-4689647 · last filed 990-PF for 2024
- WOMENS CLUB OF SUGARLOAF COUNTRY CLUB CHARITIES INC EIN 26-1140144 · last filed 990 for 2025
- STINCHCOMB FAMILY FOUNDATION INC EIN 20-4003704 · last filed 990-PF for 2025
- SHETH FAMILY FOUNDATION INC EIN 58-2498469 · last filed 990-PF for 2024
All nonprofits in DULUTH · Georgia · Philanthropy, voluntarism and grantmaking foundations