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Nonprofit · EIN 85-1754571

AL-BASIT FOUNDATION

Tax-exempt · RICHMOND, TX 77406

Financials

$152K$137K2023$101K$106K2024$125K$132K2025
Revenue Expenses · by fiscal year end
Financials of AL-BASIT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$125,435$131,573-$6,138$9,517$0$9,517
December 31, 2024990-EZ$101,170$106,057-$4,887$15,655$0$15,655
December 31, 2023990-EZ$152,070$137,448$14,622$20,542$0$20,542
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$125,435

Expenses

Grants and similar amounts paid
$126,635
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,550
Other expenses
$2,388

Balance sheet and other

Total assets, start of year
$15,655
Total assets, end of year
$9,517
Total liabilities, end of year
$0
Net assets, end of year
$9,517
Cash, savings and investments
$9,517
Gross receipts
$125,435

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
NAZEK SALAHUDEENTREASURER20$0
FARHA MOHIUDDINSECRETARY20$0
SYED ABID ALI UMAIRBOARD MEMBER20$0
FAISAL KHANPRESIDENT20$0
ADEEL SHAIKBOARD MEMBER10$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
NAZEK SALAHUDEENTREASURER20$0
FARHA MOHIUDDINSECRETARY20$0
SYED ABID ALI UMAIRBOARD MEMBER20$0
FAISAL KHANPRESIDENT20$0
ADEEL SHAIKBOARD MEMBER0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
NAZEK SALAHUDEENTREASURER20$0
FARHA MOHIUDDINSECRETARY10$0
SYED ABID ALI UMAIRBOARD MEMBER10$0
FAISAL KHANPRESIDENT10$0
ADEEL SHAIKBOARD MEMBER0$0

Address and contacts

Address (IRS master file)
PO BOX 2055, RICHMOND, TX 77406-0052
In care of
% NAZEK SALAHUDEEN
Signed the 990-EZ
NAZEK SALAHUDEEN, TREASURER
Phone
(713) 806-3961
Return prepared by
RELIABLE INCOME TAX SERVICE INC

Mission

CHARITABLE, RELIGIOUS, EDUCATIONAL.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • DURING 2024 THE ORGANIZATION HELPED DRILL WATER WELLS FOR THE UNDERPRIVILGED IN NIGERIA AND PAKISTAN.
    grants $126,635

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-1754571
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,517
Income (IRS master file)
$125,435

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$125,435$131,573$9,517XML
990-EZDecember 2024$101,170$106,057$15,655IRS
990-EZDecember 2023$152,070$137,448$20,542XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 AL-BASIT FOUNDATION

What is the EIN of AL-BASIT FOUNDATION?
The employer identification number (EIN) of AL-BASIT FOUNDATION is 85-1754571.
Is AL-BASIT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to AL-BASIT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AL-BASIT 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 AL-BASIT FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AL-BASIT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of AL-BASIT FOUNDATION?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does AL-BASIT FOUNDATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $125,435, expenses of $131,573 and total assets of $9,517 at year end.

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