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Nonprofit · EIN 83-1741220

DR ABDOLMAJID AND HOMA BAYAT FOUNDATION

Tax-exempt · SEATTLE, WA 98104

Financials

$107K$11K2023
Revenue Expenses · by fiscal year end
Financials of DR ABDOLMAJID AND HOMA BAYAT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-PF$106,884$10,596$96,288$362,135$96$362,039
Financial details: 990-PF for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$100,000
Interest
$6,884

Expenses

Grants and similar amounts paid
$5,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$10,500
Excise tax on investment income
$96

Balance sheet and other

Total assets, start of year
$265,751
Total assets, end of year
$362,135
Total liabilities, end of year
$96
Net assets, end of year
$362,039
Fair market value of assets
$362,135
Qualifying distributions
$10,500
Net investment income
$6,884

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
DR ABDOLMAJID BAYAT
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104
PRESIDENT/DIRECTOR2$0
DR ALI AFRASSIABI
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104
TREASURER/DIRECTOR2$0
VAROUJ TOTLIAN CPA
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104
DIRECTOR2$0
DANIEL M ASHER
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104
SECRETARY2$0

Address and contacts

Address (IRS master file)
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104-1094
In care of
% FOUNDATION MANAGEMENT GROUP
Signed the 990-PF
DR ALI AFRASSIABI, TREASURER/DIRECTOR
Phone
(206) 667-0300
Return prepared by
FOUNDATION MANAGEMENT GROUP LLC

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
83-1741220
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
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$362,135
Income (IRS master file)
$106,884

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2023$106,884$10,596$362,135XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––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 83-1741220).

Questions about DR ABDOLMAJID AND HOMA BAYAT FOUNDATION

What is the EIN of DR ABDOLMAJID AND HOMA BAYAT FOUNDATION?
The employer identification number (EIN) of DR ABDOLMAJID AND HOMA BAYAT FOUNDATION is 83-1741220.
Is DR ABDOLMAJID AND HOMA BAYAT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to DR ABDOLMAJID AND HOMA BAYAT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DR ABDOLMAJID AND HOMA BAYAT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DR ABDOLMAJID AND HOMA BAYAT 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 DR ABDOLMAJID AND HOMA BAYAT 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 DR ABDOLMAJID AND HOMA BAYAT FOUNDATION?
The 990-PF for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does DR ABDOLMAJID AND HOMA BAYAT FOUNDATION have?
On its 990-PF for the year ended December 31, 2023 it reported revenue of $106,884, expenses of $10,596 and total assets of $362,135 at year end.

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