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Nonprofit · EIN 33-1054890

PENNIES FOR EDUCATION AND HEALTH FOUNDATION

Tax-exempt · HOUSTON, TX 77056

Financials

$375K$189K2023$415K$238K2024
Revenue Expenses · by fiscal year end
Financials of PENNIES FOR EDUCATION AND HEALTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$414,904$237,769$177,135$1,299,953$0$1,299,953
December 31, 2023990$374,642$188,784$185,858$1,203,234$0$1,203,234
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$381,847
Program service revenue
$0
Investment income
$33,057
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$237,769

Balance sheet and other

Total assets, start of year
$1,203,234
Total assets, end of year
$1,299,953
Total liabilities, end of year
$0
Net assets, end of year
$1,299,953
Publicly traded securities
$693,545
Net assets without donor restrictions
$598,885
Net assets with donor restrictions
$701,068
Gross receipts
$414,904
Employees
0
Year formed
2003
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
AHMED ANSARIDIRECTOR
Trustee or director
–$0
ANGELI ARJUNANITREASURER/CF
Trustee or director, Officer
–$0
AMAAR BANGEEDIRECTOR
Trustee or director
–$0
RIAZ ESSADIRECTOR
Trustee or director
–$0
RUHI KHANDIRECTOR
Trustee or director
–$0
BASHEER KHUMAWALADIRECTOR
Trustee or director, Officer
2$0
SALEHA KHUMAWALADIRECTOR
Trustee or director, Officer
2$0
AISHA MATINDIRECTOR
Trustee or director
–$0
BILAL ZAKARIADIRECTOR
Trustee or director
–$0
RICHARD SCAMELLDIRECTOR
Officer
2$0
H RICHARD WALTONDIRECTOR
Officer
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
AHMED ANSARIDIRECTOR
Trustee or director
–$0
ANJALI ARJUNANITREASURER/CF
Trustee or director, Officer
–$0
ASIF DAKRIDIRECTOR
Trustee or director
–$0
RIAZ ESSADIRECTOR
Trustee or director
–$0
RUHI KHANDIRECTOR
Trustee or director
–$0
BASHEER KHUMAWALADIRECTOR
Trustee or director, Officer
–$0
SALEHA KHUMAWALADIRECTOR
Trustee or director, Officer
5$0
AISHA MATINDIRECTOR
Trustee or director
–$0
IRFAN UDDINDIRECTOR
Trustee or director
5$0
BILAL ZAKARIADIRECTOR
Trustee or director
–$0
RICHARD SCAMELLDIRECTOR
Officer
5$0
H RICHARD WALTONCHAIRPERSON
Officer
5$0

Address and contacts

Address (IRS master file)
3050 POST OAK BLVD STE 110, HOUSTON, TX 77056-6557
In care of
% MUNSHI & COMPANY PC
Principal officer (990 for 2024)
H RICHARD WALTON
Signed the 990
H RICHARD WALTON, DIRECTOR
Phone
(713) 552-9499
Return prepared by
AH CPA'S PLLC

Mission

EDUCATION AND HEALTH CARE FOR UNDERPRIVELEGED CHILDREN

990 for the year ended December 31, 2024

Program accomplishments

  • DONATIONS
  • EDUCATION AND HEALTH CARE FOR UNDERPRIVELEGED CHILDREN
    Expenses $237,769

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
33-1054890
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,299,953
Income (IRS master file)
$414,904

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$414,904$237,769$1,299,953IRS
990December 2023$374,642$188,784$1,203,234XML
990December 2022$332,527$341,423$1,128,346IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 33-1054890).

Questions about PENNIES FOR EDUCATION AND HEALTH FOUNDATION

What is the EIN of PENNIES FOR EDUCATION AND HEALTH FOUNDATION?
The employer identification number (EIN) of PENNIES FOR EDUCATION AND HEALTH FOUNDATION is 33-1054890.
Is PENNIES FOR EDUCATION AND HEALTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to PENNIES FOR EDUCATION AND HEALTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PENNIES FOR EDUCATION AND HEALTH 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 PENNIES FOR EDUCATION AND HEALTH 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 PENNIES FOR EDUCATION AND HEALTH 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 PENNIES FOR EDUCATION AND HEALTH FOUNDATION?
The 990 for the year ended December 31, 2024 names H RICHARD WALTON.
Who are the officers and directors of PENNIES FOR EDUCATION AND HEALTH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does PENNIES FOR EDUCATION AND HEALTH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $414,904, expenses of $237,769 and total assets of $1,299,953 at year end.

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