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Nonprofit · EIN 38-3470704

ABU-AKEEL FOUNDATION

Tax-exempt · TROY, MI 48084

Financials

$3K$6K2023
Revenue Expenses · by fiscal year end
Financials of ABU-AKEEL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-PF$3,350$5,680-$2,330$47,419$0$47,419
Financial details: 990-PF for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$5,000
Dividends
$27
Net gain from sales of assets
-$1,677

Expenses

Grants and similar amounts paid
$5,200
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$5,200

Balance sheet and other

Total assets, start of year
$48,896
Total assets, end of year
$47,419
Total liabilities, end of year
$0
Net assets, end of year
$47,419
Fair market value of assets
$47,419
Qualifying distributions
$5,200
Net investment income
$27

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
HADI A AKEEL
3000 HOLIDAY DR 1505, FORT LAUDERDALE, FL 33316
PRESIDENT10$0
SHEREEF AKEEL
888 W BIG BEAVER RD, TROY, MI 48084
SECRETARY10$0
NEZAR AKEEL
1134 AUTUMN VIEW, ROCHESTER, MI 48307
DIRECTOR10$0

Address and contacts

Address (IRS master file)
888 W BIG BEAVER RD STE 350, TROY, MI 48084-4761
In care of
% AKEEL & VALENTINE PLC
Signed the 990-PF
HADI AKEEL, PRESIDENT
Phone
(248) 390-1172
Return prepared by
MICHAEL P SENADENOS ACCOUNTANCY CORP

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, 2025Not on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
38-3470704
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$47,419
Income (IRS master file)
$7,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2023$3,350$5,680$47,419XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 38-3470704).

Questions about ABU-AKEEL FOUNDATION

What is the EIN of ABU-AKEEL FOUNDATION?
The employer identification number (EIN) of ABU-AKEEL FOUNDATION is 38-3470704.
Is ABU-AKEEL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to ABU-AKEEL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ABU-AKEEL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ABU-AKEEL 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 ABU-AKEEL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2023.
Who are the officers and directors of ABU-AKEEL FOUNDATION?
The 990-PF for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does ABU-AKEEL FOUNDATION have?
On its 990-PF for the year ended December 31, 2023 it reported revenue of $3,350, expenses of $5,680 and total assets of $47,419 at year end.

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