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Nonprofit · EIN 84-2709861

OLIVECS FOUNDATION

Tax-exempt · FULLERTON, CA 92832

Financials

$4K$26K2023$28K$32K2024
Revenue Expenses · by fiscal year end
Financials of OLIVECS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,310$32,335-$4,025$535,207$0$535,207
December 31, 2023990$4,448$26,472-$22,024$539,232$0$539,232
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,000
Program service revenue
$0
Investment income
$23,310
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$25
Accounting fees
$1,800
Program services (functional)
$30,670
Management and general (functional)
$1,665

Balance sheet and other

Total assets, start of year
$539,232
Total assets, end of year
$535,207
Total liabilities, end of year
$0
Net assets, end of year
$535,207
Net assets without donor restrictions
$535,207
Gross receipts
$28,310
Employees
0
State of legal domicile
CA

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
OMER LATIFPresident
Trustee or director
4$0
SHAMEEM SYEDSecretary
Trustee or director
4$0
ANNE TAHIMTreasurer
Trustee or director
4$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
OMER LATIFPresident
Trustee or director
4$0
SHAMEEM SYEDSecretary
Trustee or director
4$0
ANNE TAHIMTreasurer
Trustee or director
4$0

Address and contacts

Address (IRS master file)
328 E COMMONWEALTH AVE, FULLERTON, CA 92832-2017
In care of
% MUHAMMAD TARIQ MUGHAL
Mailing address (990-N for 2019)
328 E Commonwealth Ave, Fullerton CA 92832
Principal officer (990-N for 2019)
Omer Latif, 328 E Commonwealth Ave, Fullerton CA 92832
Signed the 990
OMER LATIF, President
Phone
(714) 831-1329
Return prepared by
TAHIM AND ASSOCIATES APC

California records

California keeps its own records of charities and corporations. Search them by EIN 84-2709861 or by the name OLIVECS FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

PROVIDE PROGRAM AND SERVICES TO PROMOTE HEALTH AND WELL-BEING OF SENIORS, THEIR FAMILIES AND COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE PROGRAM AND SERVICES TO PROMOTE HEALTH AND WELL-BEING OF SENIORS, THEIR FAMILIES AND COMMUNITY
    Expenses $30,670 · revenue $5,000

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
84-2709861
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
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P81)
Assets (IRS master file)
$535,207
Income (IRS master file)
$28,310

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,310$32,335$535,207XML
990December 2023$4,448$26,472$539,232XML
990December 2022$15,767$22,285$561,255IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: Omer Latif
December 31, 2019≤ $50,000 receipts––e-Postcard

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 84-2709861).

Questions about OLIVECS FOUNDATION

What is the EIN of OLIVECS FOUNDATION?
The employer identification number (EIN) of OLIVECS FOUNDATION is 84-2709861.
Is OLIVECS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to OLIVECS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLIVECS FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OLIVECS 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 OLIVECS 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 OLIVECS FOUNDATION?
The 990-N for 2019 names Omer Latif.
Who are the officers and directors of OLIVECS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does OLIVECS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,310, expenses of $32,335 and total assets of $535,207 at year end.

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