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Nonprofit · EIN 85-4126064

NASIB FOUNDATION

Tax-exempt · UPLAND, CA 91784

Financials

$480K$883K2023$933K$885K2024
Revenue Expenses · by fiscal year end
Financials of NASIB FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$933,046$885,106$47,940$20,022,921$0$20,022,921
December 31, 2023990$480,442$883,449-$403,007$18,739,283$0$18,739,283
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$933,046
Net gain from sales of assets
$433,050
Other revenue
$0

Expenses

Grants and similar amounts paid
$766,536
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,039
Accounting fees
$4,250
Program services (functional)
$766,536
Management and general (functional)
$118,570

Balance sheet and other

Total assets, start of year
$18,739,283
Total assets, end of year
$20,022,921
Total liabilities, end of year
$0
Net assets, end of year
$20,022,921
Net assets without donor restrictions
$20,022,921
Gross receipts
$3,653,343
Employees
0
Volunteers
45
Year formed
2020
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
SAMIA MOHAMEDPRESIDENT
Trustee or director, Officer
3$0
PAMELLA TOWNSENDDIRECTOR
Trustee or director
1$0
MUKHTAR AHMEDDIRECTOR
Trustee or director
1$0
BARWAKO NALAYEHSECRETARY AND TREASURER
Officer
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SAMIA MOHAMEDPRESIDENT
Trustee or director, Officer
3$0
PAMELLA TOWNSENDDIRECTOR
Trustee or director
1$0
MUKHTAR AHMEDDIRECTOR
Trustee or director
1$0
BARWAKO NALAYEHSECRETARY AND TREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
2028 WINDEMERE WAY, UPLAND, CA 91784-7901
Mailing address (990-N for 2020)
2028 WINDEMERE WAY, UPLAND CA 91784
Principal officer (990 for 2024)
BARWAKO NALAYEH, 2028 WINDEMERE WAY, UPLAND, CA 91784
Principal officer (990-N for 2020)
BARWAKO NALAYEH, 2028 WINDEMERE WAY, UPLAND CA 91784
Signed the 990
BARWAKO NALAYEH, TREASURER
Phone
(310) 388-7919
Return prepared by
SINGERLEWAK LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 85-4126064 or by the name NASIB FOUNDATION.

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

Mission

OUR MISSION IS TO PARTNER WITH OUR COMMUNITY TO SUPPORT AND ENHANCE THE LIVES OF UNDERPRIVILEGED CHILDREN,TO PROVIDE THEM WITH EDUCATIONAL RESOURCES, AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE AS ALLOWED BY LAW.

990 for the year ended December 31, 2024

Program accomplishments

  • NASIB FOUNDATION REMAINS COMMITTED TO ITS MISSION OF EMPOWERING AND TRANSFORMING COMMUNITIES WORLDWIDE THROUGH EDUCATION. IN 2022, A SIGNIFICANT PORTION OF OUR PROGRAM-RELATED EXPENSES WENT TOWARD SUPPORTING INITIATIVES THAT UNDERSCORE OUR UNWAVERING DEDICATION TO ENHANCING ACCESS TO HIGH-QUALITY EDUCATION, PROMOTING LIFELONG LEARNING, AND FACILITATING OPPORTUNITIES FOR INDIVIDUALS AND COMMUNITIES TO REALIZE THEIR FULL POTENTIAL. THROUGH STRATEGIC PARTNERSHIPS AND PURPOSEFUL INVESTMENTS, WE ASPIRE TO FOSTER A BRIGHTER FUTURE IN WHICH EDUCATION PLAYS A PIVOTAL ROLE IN DRIVING POSITIVE CHANGE AND EQUIPPING INDIVIDUALS WITH THE KNOWLEDGE AND SKILLS NEEDED TO BUILD THRIVING, INCLUSIVE, AND SUSTAINABLE SOCIETIES.
    Expenses $766,536 · grants $766,536

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-4126064
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,022,921
Income (IRS master file)
$3,653,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$933,046$885,106$20,022,921XML
990December 2023$480,442$883,449$18,739,283XML
990December 2022-$1,183,486$791,691$17,034,080IRS
990December 2021–––IRS
990-N for 2020
Officer: BARWAKO NALAYEH
December 31, 2020≤ $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 85-4126064).

Questions about NASIB FOUNDATION

What is the EIN of NASIB FOUNDATION?
The employer identification number (EIN) of NASIB FOUNDATION is 85-4126064.
Is NASIB FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to NASIB FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NASIB 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 NASIB 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 NASIB 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 NASIB FOUNDATION?
The 990 for the year ended December 31, 2024 names BARWAKO NALAYEH.
Who are the officers and directors of NASIB FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does NASIB FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $933,046, expenses of $885,106 and total assets of $20,022,921 at year end.

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