STRATEGY STUDIO / PUBLIC DATA EXPLORER

MOAYED FAMILY FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MOAYED FAMILY FOUNDATION INC (EIN 83-1724909)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-14
IRS object ID
202231049349101023
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-14T15:20:40-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942188070PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MHTB Accountancy Group of Silicon ValleyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11655 Willow StAddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95125ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831724909EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MOAYED FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMOAYBusinessNameControlTxt
Phone4085154699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line116400 LARK AVE 400AddressLine1Txt
CityLOS GATOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95032ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALI MOAYEDPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-04-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALIPersonFirstNm
Person LastMOAYEDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAngelo Pezzoni CPAPreparerPersonNm
PTINP00036768PTIN
Phone4082664755PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,574,481FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$48InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$48InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$48InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$48TotalRevAndExpnssAmt
Total Net Invst Incm$48TotalNetInvstIncmAmt
Total Adj Net Incm$48TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,250AccountingFeesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$15,446DeprecAndDpltnRevAndExpnssAmt
Occupancy Rev And Expnss$16,796OccupancyRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$33,492TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,492TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$7,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$40,444ExcessRevenueOverExpensesAmt
Net Investment Income$48NetInvestmentIncomeAmt
Adjusted Net Income$48AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$97,065CashBOYAmt
Cash EOY$72,067CashEOYAmt
Cash EOYFMV$72,067CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,502,414LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,115LandBldgEquipAccumDeprecAmt
Land BOY$1,483,745LandBOYAmt
Land EOY$1,468,299LandEOYAmt
Land EOYFMV$1,502,414LandEOYFMVAmt
Total Assets BOY$1,580,810TotalAssetsBOYAmt
Total Assets EOY$1,540,366TotalAssetsEOYAmt
Total Assets EOYFMV$1,574,481TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,580,810RetainedEarningBOYAmt
Retained Earning EOY$1,540,366RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,580,810TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,540,366TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,580,810TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,540,366TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,580,810TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$40,444ExcessRevenueOverExpensesAmt
Subtotal$1,540,366SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,540,366TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Tax Due$1TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.moayedfamilyfoundation.comWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ALI MOAYEDBusinessNameLine1Txt

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line116400 LARK AVE STE 400AddressLine1Txt
CityLOS GATOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95032ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ALI MOAYED
16400 LARK AVE STE 400LOS GATOSCA95032President15.00$0
HAMEED AHMADI
16400 LARK AVE STE 400LOS GATOSCA95032Vice President20.00$0
FARZANEH TABRIZI
16400 LARK AVE STE 400LOS GATOSCA95032Secretary20.00$0
SEIED LANGRUDI
16400 LARK AVE STE 400LOS GATOSCA95032Director20.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SHORT TERM HOUSING ASSISTANCE AND MEALS PROVIDED TO NEW ARRIVAL IMMIGRANTS UNTIL THEY CAN SUPPORT THEMSELVES.Description1Txt
Expenses1$7,000Expenses1Amt
Description2FINANCIAL ASSISTANCE FOR ENGLISH PROFICIENCY CLASSES, AS WELL AS LEGAL ASSISTANCE, PROVIDED TO GUIDE IMMIGRANTS TO THEIR PATH OF BECOMING UNITED STATES CITIZENS.Description2Txt
Description3THE FOUNDATION PROMOTES DIVERSITY TOLERANCE TO THE COMMUNITY AND ALSO ASSISTS SCHOOL AGE INDIVIDUALS WITH MONETARY SUPPORT AND ENROLLMENT FORMS.Description3Txt
Description4MENTAL HEALTH ASSISTANCE PROVIDED FOR REFUGEES WHO WERE MENTALLY ABUSED PRIOR TO ARRIVING THE COUNTRY.Description4Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$85,537AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$85,537TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$85,537AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,283CashDeemedCharitableAmt
Net Vl Noncharitable Assets$84,254NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,213MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,213MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$4,212DistributableBeforeAdjAmt
Distributable Before Ded$4,212DistributableBeforeDedAmt
Distributable As Adjusted$4,212DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$7,000ExpensesAndContributionsAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,212DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$17,645ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$17,645TotalExcessDistributionCyovAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$4,212AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,788RemainingDistriFromCorpusAmt
Total Corpus$20,433TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$20,433ExcessDistriCyovToNextYrAmt
Excess From Year1$17,645ExcessFromYear1Amt
Excess From Current Year$2,788ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerALI MOAYEDContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonALI MOAYEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line116400 LARK AVE SUITEAddressLine1Txt
CityLOS GATOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95032ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4085154699RecipientPhoneNum
Recipient Email Addressmoayedfamilyfoundation@gmail.comRecipientEmailAddressTxt
Form And Info And MaterialsONLINE FORM OR DIRECTLY TO ADMINISTRATIVE OFFICEFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsRECENT IMMIGRANT STATUSRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ROSHVAN ISMAYILOV
204 GIOTYO DRIRVINECA92614NONEISHORT TERM HOUSING ASSISTANCE$1,000
SIMRAN BAKHISHOV
5946 PALA MESA DRSAN JOSECA95123NONEISHORT TERM HOUSING ASSISTANCE$1,500
RAHIM RAHIMLI
1032 VERMONT ST 8SAN JOSECA95126NONEISHORT-TERM HOUSING ASSISTANCE$3,000
HUSEYN ALIYEV
1265 N CAPITAL AVESAN JOSECA95132NONEISHORT-TERM HOUSING ASSISTANCE$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$48ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$48ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$48TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,250Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmt
BUILDING2019-10-25$600,000$18,594SL0.0256$15,384
ESCROW COSTS2019-10-25$2,414$75SL0.0256$62

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$1,202,414$34,115$1,168,299$602,414
Land$300,000$300,000$900,000