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Nonprofit · EIN 32-0481981

NISAR FOUNDATION INC

Tax-exempt · EDISON, NJ 08820

Financials

$107K$156K2023$302K$257K2024
Revenue Expenses · by fiscal year end
Financials of NISAR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$302,160$257,376$44,784$6,408,431$0$6,408,431
December 31, 2023990-PF$107,474$156,014-$48,540$5,173,000$0$5,173,000
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$228,063
Dividends
$52,693
Net gain from sales of assets
$21,404

Expenses

Grants and similar amounts paid
$256,515
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$256,515
Excise tax on investment income
$1,030

Balance sheet and other

Total assets, start of year
$5,173,000
Total assets, end of year
$6,408,431
Total liabilities, end of year
$0
Net assets, end of year
$6,408,431
Fair market value of assets
$6,408,431
Qualifying distributions
$256,515
Net investment income
$74,097

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.

NameTitleHours / weekCompensation
MOHAMMED NISAR
1895 OAKTREE ROAD, EDISON, NJ 08820
TURSTEE3$0
NOOR NISAR
1895 OAKTREE ROAD, EDISON, NJ 08820
TURSTEE3$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MOHAMMED NISAR
1895 OAKTREE ROAD, EDISON, NJ 08820
TURSTEE3$0
NOOR NISAR
1895 OAKTREE ROAD, EDISON, NJ 08820
TURSTEE3$0

Address and contacts

Address (IRS master file)
1895 OAK TREE RD, EDISON, NJ 08820-2122
Signed the 990-PF
MOHAMMED NISAR, PRESIDENT
Phone
(732) 548-1833
Return prepared by
DILIP PATEL & COMPANY LLP

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

IRS record

EIN
32-0481981
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,408,431
Income (IRS master file)
$357,842

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$302,160$257,376$6,408,431XML
990-PFDecember 2023$107,474$156,014$5,173,000XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 32-0481981).

Questions about NISAR FOUNDATION INC

What is the EIN of NISAR FOUNDATION INC?
The employer identification number (EIN) of NISAR FOUNDATION INC is 32-0481981.
Is NISAR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to NISAR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NISAR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of NISAR 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 NISAR 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 NISAR 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 NISAR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $302,160, expenses of $257,376 and total assets of $6,408,431 at year end.

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