STRATEGY STUDIO / PUBLIC DATA EXPLORER

NASIM FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
NASIM FOUNDATION (EIN 03-0605701)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-10-21
IRS object ID
201842959349301209
Schema version
2017v2.2
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)
Return2018-10-21T18:17:14-04:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PAS TAX & BOOKKEEPING SERVICE LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19998 Red Cedar DrAddressLine1Txt
CityFriscoCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75035ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030605701EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NASIM FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNASIBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14612 Old Pond DrAddressLine1Txt
CityPlanoCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMohammed RahmanPersonNm
Person TitlePresidentPersonTitleTxt
Signature2018-10-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAbdul H KhanPreparerPersonNm
PTINP00745129PTIN
Phone2149149086PhoneNum
Preparation2018-10-21PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.78.208.162IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-10-22IPDt
IP Tm15:33:39IPTm
Federal Original Submission Id8086252018295e3d13csFederalOriginalSubmissionId
Federal Original Submission Id2018-10-22FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdFBC83C251E86D139997D0C023246F330754E978DAtSubmissionCreationDeviceId
At Submission Filing Device IdFBC83C251E86D139997D0C023246F330754E978DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMohammed RahmanPrincipalOfficerNm
Gross Receipts$154,102GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.nasimfoundation.orgWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscFoundationOtherOrganizationDsc
Formation2009FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionWorking to foster inclusiveness, increase education, stregthen community and help generations of underpriviledged minoritiesActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$139,513PYContributionsGrantsAmt
CY Contributions Grants$154,102CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$978PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$140,492PYTotalRevenueAmt
CY Total Revenue$154,102CYTotalRevenueAmt
PY Grants And Similar Paid$56,553PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$176,866CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$37,618PYOtherExpensesAmt
CY Other Expenses$25,329CYOtherExpensesAmt
PY Total Expenses$94,171PYTotalExpensesAmt
CY Total Expenses$202,195CYTotalExpensesAmt
PY Revenues Less Expenses$46,321PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$48,093CYRevenuesLessExpensesAmt
Total Assets BOY$135,317TotalAssetsBOYAmt
Total Assets EOY$61,707TotalAssetsEOYAmt
Total Liabilities BOY$70,316TotalLiabilitiesBOYAmt
Total Liabilities EOY$39,858TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$65,001NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,849NetAssetsOrFundBalancesEOYAmt
MissionWorking to foster inclusiveness, increase education, stregthen community and help generations of underpriviledged minoritiesMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$200,239ExpenseAmt
Grant$56,553GrantAmt
Revenue$140,492RevenueAmt
DescWorking to Foster inclusiveness, Increase education, Strengthen community and Help generations of underprivileged minoritiesDesc
Total Program Service Expenses$200,239TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNaved SayedPersonNm
Phone2148371094PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 S Central Expy Suite 7CAddressLine1Txt
CityRichardsonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75080ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Taiyab Kundawala
Trustee15.000.00Yes (X)Yes (X)$0$0$0
Akram Syed
Trustee15.000.00Yes (X)$0$0$0
Naved Sayed
Trustee15.000.00Yes (X)$0$0$0
Mohammed Rahman
President15.000.00Yes (X)$0$0$0
Aqueel Quraishi
Secretary15.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$300MembershipDuesAmt
Fundraising$153,802FundraisingAmt
Total Contributions$154,102TotalContributionsAmt
Contri Rpt Fundraising Event$153,802ContriRptFundraisingEventAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$154,102TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$27,176TotalAmt
Program Services$27,176ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$149,690TotalAmt
Program Services$149,690ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$22,234TotalAmt
Program Services$22,234ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
Bank fee$1,256$1,256
Equipment Rental$200$200
Printing and Copying$1,139$1,139
Supplies$500$500

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$202,195TotalAmt
Program Services$200,239ProgramServicesAmt
Management And General$1,956ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$129,817BOYAmt
EOY$52,227EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,700BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$800BOYAmt
EOY$9,480EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$135,317BOYAmt
EOY$61,707EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$70,316BOYAmt
EOY$39,858EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$70,316BOYAmt
EOY$39,858EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$65,001BOYAmt
EOY$21,849EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$65,001BOYAmt
EOY$21,849EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$135,317BOYAmt
EOY$61,707EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$48,093ReconcilationRevenueExpnssAmt
Prior Period Adjustments$4,941PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$168,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$129,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$105,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$139,513CurrentTaxYearMinus1YearAmt
Current Tax Year$154,102CurrentTaxYearAmt
Total$696,840TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$168,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$129,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$105,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$139,513CurrentTaxYearMinus1YearAmt
Current Tax Year$154,102CurrentTaxYearAmt
Total$696,840TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$11,063SubstantialContributorsTotAmt
Public Support Total170$685,777PublicSupportTotal170Amt
Total Support$696,840TotalSupportAmt
Public Support CY1700.98410PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Pledges to be collected$4,700
Undeposited funds$4,780
FieldValueIRS element (for citing)
Total Book Value Other Assets$9,480TotalBookValueOtherAssetsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSouth AsiaRegionTxt
Type Of Activities ConductedProgram servicesTypeOfActivitiesConductedTxt
Specific Services ProvidedEducationSpecificServicesProvidedTxt
Region Total Expenditures$183,246RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Spent$183,246SubtotalSpentAmt
Total Spent$183,246TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionSouth AsiaRegionTxt
Purpose Of GrantEducationPurposeOfGrantTxt
Cash Grant$183,246CashGrantAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Gross Receipts Event1$153,802GrossReceiptsEvent1Amt
Gross Revenue Event1$153,802GrossRevenueEvent1Amt
Gross Receipts Total$153,802GrossReceiptsTotalAmt
Gross Revenue Total Events$153,802GrossRevenueTotalEventsAmt
Net Income Summary$153,802NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990 governing body review Part VI line 11Governing body reviwes return before submiting
Governing documents etc available to public Part VI line 19Available upon request