Nonprofit · EIN 27-4804960
FOUNDACION FARA
Tax-exempt · AUSTIN, TX 78731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,130,877 | $722,399 | $2,408,478 | $18,293,426 | $1,248 | $18,292,178 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,038,248
- Dividends
- $670,014
- Net rental income
- $220,980
- Other income
- $20,805
Expenses
- Grants and similar amounts paid
- $60,690
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $159,252
- Disbursements for charitable purposes
- $523,633
- Excise tax on investment income
- $12,382
Balance sheet and other
- Total assets, start of year
- $15,883,700
- Total assets, end of year
- $18,293,426
- Total liabilities, end of year
- $1,248
- Net assets, end of year
- $18,292,178
- Fair market value of assets
- $19,116,856
- Qualifying distributions
- $523,633
- Net investment income
- $1,071,824
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 |
|---|---|---|---|
| MANNY FARAHANI 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | PRESIDENT | 4 | $0 |
| MARIA FARAHANI 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | EXECUTIVE DIR. | 4 | $0 |
| DANIEL FARAHANI 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | DIRECTOR | 4 | $0 |
| LEILA FARAHANI 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | DIRECTOR | 4 | $0 |
| WILLIAM T BEIL 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | DIRECTOR | 4 | $0 |
| STEVE BOWERS 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | DIRECTOR | 4 | $0 |
| MICHAEL GRIMES 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | TREASURER | 4 | $0 |
| WILLIAM TROUTT 3724 JEFFERSON STREET STE 210, AUSTIN, TX 78731 | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 3724 JEFFERSON ST STE 210, AUSTIN, TX 78731-6221
- Signed the 990-PF
- MANNY FARAHANI, DIRECTOR
- Phone
- (512) 452-9902
- Return prepared by
- SCHRIBER & ASSOCIATES PLLC
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
- 27-4804960
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $18,293,426
- Income (IRS master file)
- $3,130,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $3,632,842 | $795,005 | $15,883,700 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
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 FOUNDACION FARA
- What is the EIN of FOUNDACION FARA?
- The employer identification number (EIN) of FOUNDACION FARA is 27-4804960.
- Is FOUNDACION FARA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to FOUNDACION FARA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does FOUNDACION FARA file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FOUNDACION FARA 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 FOUNDACION FARA 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 FOUNDACION FARA?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does FOUNDACION FARA have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,130,877, expenses of $722,399 and total assets of $18,293,426 at year end.
Other nonprofits in AUSTIN
- EDUCATE GIRLS EIN 46-4493359 · last filed 990 for 2025
- TEXAS INTERNATIONAL EDUCATION CONSORTIUM EIN 74-2383582 · last filed 990 for 2025
- WATER TO THRIVE EIN 26-2213782 · last filed 990 for 2024
- WOMEN OF PADER UGANDA EIN 82-0776536 · last filed 990 for 2025
- KAMUKAMA FOUNDATION EIN 46-1381070 · last filed 990 for 2025
- SRI MATHRUDEVI VISWASHANTHI ASHRAM TRUST INC EIN 23-2785411 · last filed 990 for 2024
- AUSTIN PLASTIC SURGERY FOUNDATION AUSTIN SMILES EIN 74-2479196 · last filed 990 for 2025
- MAKARIOS EIN 73-1699005 · last filed 990 for 2025
All nonprofits in AUSTIN · Texas · International, foreign affairs and national security