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Nonprofit · EIN 27-4454449

WASAT INSTITUTE

Tax-exempt · PEARLAND, TX 77584

Financials

$0$1K2023$120K$120K2024
Revenue Expenses · by fiscal year end
Financials of WASAT INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$120,000$120,116-$116$3,118$0$3,118
December 31, 2023990$0$1,420-$1,420$3,234$0$3,234
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$120,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$120,116

Balance sheet and other

Total assets, start of year
$3,234
Total assets, end of year
$3,118
Total liabilities, end of year
$0
Net assets, end of year
$3,118
Gross receipts
$120,000
Employees
0
Year formed
2018
State of legal domicile
TX

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
BASEM HAMIDDIRECTOR
Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
BASEM HAMIDDIRECTOR
Officer
–$0

Address and contacts

Address (IRS master file)
12234 SHADOW CREEK PKWY, PEARLAND, TX 77584-7330
Mailing address (990-N for 2010)
2634 Cottage Creek Dr, Pearland TX 77584
Principal officer (990 for 2024)
BASEM HAMID, 11808 CRESCENT BLUFF DRIVE, PEARLAND, TX 77584
Principal officer (990-N for 2010)
Basem Hamid, 2634 Cottage Creek Dr, Pearland TX 77584
Signed the 990
BASEM HAMID, DIRECTOR
Phone
(713) 552-9499
Return prepared by
AH CPA'S PLLC

Mission

PROVIDING STUDENTS WITH ISLAMIC EDUCATION USING INTERACTIVE METHODS AND CUTTING EDGE ONLINE TECHNOLOGY

990 for the year ended December 31, 2024

Program accomplishments

  • N/A
  • CHARITABLE CONTRIBUTION AND DUES AND SUBSCRIPTION
    Expenses $120,116

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
27-4454449
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,118
Income (IRS master file)
$120,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$0$1,420$3,234IRS
990December 2022$5,000$2,416$4,654IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2010
Officer: Basem Hamid
December 31, 2010≤ $50,000 receipts––e-Postcard

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 WASAT INSTITUTE

What is the EIN of WASAT INSTITUTE?
The employer identification number (EIN) of WASAT INSTITUTE is 27-4454449.
Is WASAT INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to WASAT INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WASAT INSTITUTE 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 WASAT INSTITUTE 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 WASAT INSTITUTE 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 WASAT INSTITUTE?
The 990 for the year ended December 31, 2024 names BASEM HAMID.
Who are the officers and directors of WASAT INSTITUTE?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does WASAT INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $120,000, expenses of $120,116 and total assets of $3,118 at year end.

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