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Nonprofit · EIN 47-4106164

KIMIA FOUNDATION

Tax-exempt · LOS ANGELES, CA 90049

Financials

$537$13K2024
Revenue Expenses · by fiscal year end
Financials of KIMIA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$537$12,944-$12,407$1,431,364$0$1,431,364
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$400
Program service revenue
$0
Investment income
$137
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,230
Management and general (functional)
$10,714

Balance sheet and other

Total assets, start of year
$1,443,771
Total assets, end of year
$1,431,364
Total liabilities, end of year
$0
Net assets, end of year
$1,431,364
Net assets without donor restrictions
$150,814
Net assets with donor restrictions
$1,280,550
Gross receipts
$537
Employees
0
Volunteers
0
Year formed
2015
State of legal domicile
DE

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
HOUMAN SARSHARPRESIDENT / SECRETARY
Officer
2.88$0

Address and contacts

Address (IRS master file)
11974 MAYFIELD AVE UNIT 8, LOS ANGELES, CA 90049-7211
In care of
% HOUMAN SARSHAR
Principal officer (990 for 2024)
HOUMAN SARSHAR, 11974 MAYFIELD AVE 8, LOS ANGELES, CA 90049
Signed the 990
HOUMAN SARSHAR, PRESIDENT
Phone
(917) 403-2220
Return prepared by
BD & ASSOCIATES CPAS PLLC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE ORGANIZATION IS TO PRESERVE AND PROMOTE PERSIAN HISTORY, ART AND CULTURE. THE ORGANIZATION MAINTAINS AN EXTENSIVE ARCHIVE OF HISTORY, ART & CULTURE THAT CAN BE UTILIZED AND ACCESSED BY SCHOLARS AND RESERACHERS WHO WISH TO USE THE ARCHIVE TO PROMOTE OR ADVANCE THE STUDY OF PERSIAN HISTORY, ART AND CULTURE. THE FOUNDATION ALSO PROVIDES GRANTS TO SCHOLARS AND INSTITUTIONS TO AID IN RESEARCH AND PUBLICATION OF WORK IN THE FIELD OF PERSIAN STUDIES.
    Expenses $25
  • N/A
  • N/A
  • THE PURPOSE OF THE ORGANIZATION IS TO PRESERVE AND PROMOTE PERSIAN HISTORY, ART AND CULTURE. THE ORGANIZATION MAINTAINS AN EXTENSIVE ARCHIVE OF HISTORY, ART & CULTURE THAT CAN BE UTILIZED AND ACCESSED BY SCHOLARS AND RESERACHERS WHO WISH TO USE THE ARCHIVE TO PROMOTE OR ADVANCE THE STUDY OF PERSIAN HISTORY, ART AND CULTURE. THE FOUNDATION ALSO PROVIDES GRANTS TO SCHOLARS AND INSTITUTIONS TO AID IN RESEARCH AND PUBLICATION OF WORK IN THE FIELD OF PERSIAN STUDIES.
    Expenses $2,205

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
47-4106164
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
2015
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,431,364
Income (IRS master file)
$537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$9,956$2,116$1,443,771IRS
990December 2022$71,272$57,586$1,435,931IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 KIMIA FOUNDATION

What is the EIN of KIMIA FOUNDATION?
The employer identification number (EIN) of KIMIA FOUNDATION is 47-4106164.
Is KIMIA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to KIMIA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KIMIA FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KIMIA 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 KIMIA 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 KIMIA FOUNDATION?
The 990 for the year ended December 31, 2024 names HOUMAN SARSHAR.
Who are the officers and directors of KIMIA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does KIMIA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $537, expenses of $12,944 and total assets of $1,431,364 at year end.

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