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Nonprofit · EIN 26-4466118

KARIN FOUNDATION

Tax-exempt (reinstated) · RESTON, VA 20191

Financials

$87K$91K2023$111K$107K2024
Revenue Expenses · by fiscal year end
Financials of KARIN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$110,618$106,747$3,871$11,396$38,692-$27,296
December 31, 2023990$87,043$91,110-$4,067$7,361$38,528-$31,167
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$110,618
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$90,291
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$14,640
Program services (functional)
$90,291
Management and general (functional)
$16,456

Balance sheet and other

Total assets, start of year
$7,361
Total assets, end of year
$11,396
Total liabilities, end of year
$38,692
Net assets, end of year
-$27,296
Net assets without donor restrictions
-$27,296
Gross receipts
$110,618
Employees
0
Year formed
2009
State of legal domicile
VA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Abdirashid S AliDirector
Trustee or director
0$0
Abdi H FarahOfficer
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Abdirashid S AliDirector
Trustee or director
0$0
Abdi H FarahOfficer
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
12355 SUNRISE VALLEY DR STE 220, RESTON, VA 20191-3497
In care of
% ABDI H FARAH
Mailing address (990-N for 2014)
12355 Sunrise Valley Drive Ste 220, Reston VA 20191
Principal officer (990-N for 2014)
Abdi H Farah, 12355 Sunrise Vly Dr Ste 220, Reston VA 20191
Signed the 990
ABDI H FARAH, Officer
Phone
(703) 863-1405
Return prepared by
The Accountants PC

Mission

To raise funds to maintain a school located in Somalia.

990 for the year ended December 31, 2024

Program accomplishments

  • The funds were used to maintain a junior/senior high school in Somalia.
    Expenses $90,291 · grants $90,291 · revenue $110,618

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4466118
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,396
Income (IRS master file)
$110,618

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
March 11, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$110,618$106,747$11,396IRS
990December 2023$87,043$91,110$7,361XML
990December 2022$242,771$252,202$11,427IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2014
Officer: Abdi H Farah
December 31, 2014≤ $50,000 receipts––e-Postcard

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 26-4466118).

Questions about KARIN FOUNDATION

What is the EIN of KARIN FOUNDATION?
The employer identification number (EIN) of KARIN FOUNDATION is 26-4466118.
Is KARIN FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to KARIN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KARIN FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KARIN FOUNDATION 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 KARIN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KARIN FOUNDATION?
The 990-N for 2014 names Abdi H Farah.
Who are the officers and directors of KARIN FOUNDATION?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does KARIN FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $110,618, expenses of $106,747 and total assets of $11,396 at year end.

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