Skip to main content

Nonprofit · EIN 85-6435248

ALI FAMILY FOUNDATION

Tax-exempt · ODESSA, FL 33556

Financials

$14K$141K2023$32K$301K2024
Revenue Expenses · by fiscal year end
Financials of ALI FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$32,137$300,630-$268,493$2,582,146$80,000$2,502,146
December 31, 2023990-PF$13,770$141,043-$127,273$5,073,681$2,380,000$2,693,681
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$8,448
Interest
$29,625
Net gain from sales of assets
-$5,936

Expenses

Grants and similar amounts paid
$264,605
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$284,106
Excise tax on investment income
$529

Balance sheet and other

Total assets, start of year
$5,073,681
Total assets, end of year
$2,582,146
Total liabilities, end of year
$80,000
Net assets, end of year
$2,502,146
Fair market value of assets
$2,582,146
Qualifying distributions
$284,106
Net investment income
$38,073

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
SYED I ALI
17324 BALLMONT PARK DRIVE, TAMPA, FL 33556
TRUSTEE5$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
SYED I ALI
17324 BALLMONT PARK DRIVE, TAMPA, FL 33556
TRUSTEE5$0

Address and contacts

Address (IRS master file)
17324 BALLMONT PARK DR, ODESSA, FL 33556-6204
Signed the 990-PF
SYED I ALI, TRUSTEE
Phone
(813) 469-1473
Return prepared by
GARCIA & ORTIZ PA CPA'S

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, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-6435248
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,582,146
Income (IRS master file)
$81,972

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$32,137$300,630$2,582,146IRS
990-PFDecember 2023$13,770$141,043$5,073,681XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 ALI FAMILY FOUNDATION

What is the EIN of ALI FAMILY FOUNDATION?
The employer identification number (EIN) of ALI FAMILY FOUNDATION is 85-6435248.
Is ALI FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ALI FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALI FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ALI FAMILY 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 ALI FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ALI FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does ALI FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $32,137, expenses of $300,630 and total assets of $2,582,146 at year end.

Other nonprofits in ODESSA

All nonprofits in ODESSA · Florida