Nonprofit · EIN 86-1027002
BEST STUDENT FUND
Tax-exempt · CHANDLER, AZ 85246
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $144,034 | $309,857 | -$165,823 | $166,688 | $3,045 | $163,643 |
| June 30, 2024 | 990 | $179,172 | $174,658 | $4,514 | $329,466 | $0 | $329,466 |
| June 30, 2023 | 990 | $225,232 | $182,878 | $42,354 | $324,952 | $0 | $324,952 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $144,034
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $290,200
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $14,910
- Program services (functional)
- $290,200
- Management and general (functional)
- $19,657
Balance sheet and other
- Total assets, start of year
- $329,466
- Total assets, end of year
- $166,688
- Total liabilities, end of year
- $3,045
- Net assets, end of year
- $163,643
- Net assets without donor restrictions
- $163,643
- Gross receipts
- $144,034
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2001
- State of legal domicile
- AZ
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VASEEM KHAN | CHAIRMAN/PRES./TREAS. Trustee or director, Officer | 1 | $0 |
| RABAH ABDELKARIM | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.15 | $0 |
990 for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VASEEM KHAN | CHAIRMAN/PRES./TREAS. Trustee or director, Officer | 1 | $0 |
| RABAH ABDELKARIM | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.15 | $0 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VASEEM KHAN | CHAIRMAN/PRES./TREAS. Trustee or director, Officer | 1 | $0 |
| RABAH ABDELKARIM | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.15 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 6876, CHANDLER, AZ 85246-6876
- In care of
- % A S WARSI
- Principal officer (990 for 2024)
- VASEEM KHAN, PO BOX 6876, CHANDLER, AZ 85246
- Signed the 990
- VASEEM KHAN, PRESIDENT
- Phone
- (480) 221-2734
- Return prepared by
- EIDE BAILLY LLP
Mission
TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION FOR STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA.
Program accomplishments
- THE ORGANIZATION PROVIDED A TOTAL OF $290,200 IN EDUCATIONAL SCHOLARSHIPS AND TUITION GRANTS FROM THREE DIFFERENT TAX CREDIT PROGRAMS TO 49 STUDENTS ATTENDING PRIVATE ELEMENTARY OR SECONDARY SCHOOLS IN ARIZONA.Expenses $290,200 · grants $290,200
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1027002
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $166,688
- Income (IRS master file)
- $144,034
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $144,034 | $309,857 | $166,688 | IRS |
| 990 | June 2024 | $179,172 | $174,658 | $329,466 | IRS |
| 990 | June 2023 | $225,232 | $182,878 | $324,952 | XML |
| 990 | June 2022 | $311,804 | $217,948 | $282,598 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 86-1027002).
Questions about BEST STUDENT FUND
- What is the EIN of BEST STUDENT FUND?
- The employer identification number (EIN) of BEST STUDENT FUND is 86-1027002.
- Is BEST STUDENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to BEST STUDENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BEST STUDENT FUND 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 BEST STUDENT FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BEST STUDENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BEST STUDENT FUND?
- The 990 for the year ended June 30, 2025 names VASEEM KHAN.
- Who are the officers and directors of BEST STUDENT FUND?
- The 990 for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does BEST STUDENT FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $144,034, expenses of $309,857 and total assets of $166,688 at year end.
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