Nonprofit · EIN 27-1261375
TRANSCEND FOUNDATION
Also known as BAHATI FOUNDATION
Tax-exempt (reinstated) · LONG BEACH, CA 90802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $340,920 | $240,920 | $100,000 | $118,218 | $0 | $118,218 |
| December 31, 2023 | 990 | $161,957 | $240,882 | -$78,925 | $18,218 | $0 | $18,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $340,920
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $13,440
- Other salaries and wages
- $25,472
- Salaries, compensation and benefits (total)
- $42,077
- Professional fundraising fees
- $0
- Legal fees
- $318
- Accounting fees
- $7,089
- Travel
- $33,554
- Depreciation
- $1,845
- Program services (functional)
- $216,126
- Management and general (functional)
- $24,794
Balance sheet and other
- Total assets, start of year
- $18,218
- Total assets, end of year
- $118,218
- Total liabilities, end of year
- $0
- Net assets, end of year
- $118,218
- Land, buildings and equipment
- $922
- Net assets without donor restrictions
- $118,218
- Gross receipts
- $340,920
- Employees
- 6
- Volunteers
- 5
- Year formed
- 2009
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RASHID BAHATI | Executive Dir. Trustee or director | 40 | $13,440 |
| RAHSAAN BAHATI | President Officer | 1 | $0 |
| DAN RUDRUD | CFO Officer | 1 | $0 |
| JAYMES HINES | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RASHID BAHATI | Executive Dir. Trustee or director | 0 | $36,500 |
| RAHSAAN BAHATI | President Officer | 0 | $0 |
| DAN RUDRUD | CFO Officer | 0 | $0 |
| JAYMES HINES | Secretary Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 421 W BROADWAY APT 2139, LONG BEACH, CA 90802-9418
- In care of
- % RASHID BAHATI
- Mailing address (990-N for 2019)
- PO BOX 56265, LOS ANGELES CA 90056
- Principal officer (990-N for 2019)
- RAHSAAN BAHATI, PO BOX 56265, LOS ANGELES CA 90056
- Signed the 990
- RASHID BAHATI, Executive Director
- Phone
- (323) 781-8838
- Website
- WWW.BAHATIFOUNDATION.ORG
- Return prepared by
- RUDD & COMPANY PLLC
California records
California keeps its own records of charities and corporations. Search them by EIN 27-1261375 or by the name TRANSCEND FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATIONS MISSION IS TO INTRODUCE CYCLING TO KIDS LIVING IN COMMUNITIES WITH LIMITED RESOURCES AND WORK WITH COMMUNITY LEADERS, SCHOOLS, AND BUSINESSES TO PROVIDE LONG-TERM RESOURCES FOR KIDS TO NURTURE THEIR TALENTS AND INTEREST IN CYCLING, WHILE SEEKING TO PROVIDE EXPERIENCES AND RESOURCES TO THESE KIDS AND SUPPORTING THEIR NEED FOR INCREASED REAL-WORLD EXPOSURE AND MEANINGFUL EDUCATIONAL OPPORTUNITIES.
Program accomplishments
- THE ORGANIZATION WAS ABLE TO PARTICIPATE IN SEVERAL EVENTS WHERE DONATIONS OF EQUIPMENT AND MONEY WERE MADE TO SUPPORT KIDS AND THEIR PASSION FOR CYCLING.Expenses $216,126 · grants $143,766 · revenue $197,154
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1261375
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $118,218
- Income (IRS master file)
- $340,920
Revocation and reinstatement
- Exemption revoked
- February 15, 2018
- Posted by the IRS
- May 12, 2018
- Reinstated
- Effective February 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $340,920 | $240,920 | $118,218 | XML |
| 990 | December 2023 | $161,957 | $240,882 | $18,218 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: RAHSAAN BAHATI | December 31, 2019 | ≤ $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 27-1261375).
Questions about TRANSCEND FOUNDATION
- What is the EIN of TRANSCEND FOUNDATION?
- The employer identification number (EIN) of TRANSCEND FOUNDATION is 27-1261375.
- Is TRANSCEND FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on February 15, 2018 and reinstated it effective February 15, 2018.
- Are donations to TRANSCEND FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRANSCEND 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 TRANSCEND 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 TRANSCEND 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 TRANSCEND FOUNDATION?
- The 990-N for 2019 names RAHSAAN BAHATI.
- Who are the officers and directors of TRANSCEND FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $13,440 (RASHID BAHATI, Executive Dir.).
- How much revenue does TRANSCEND FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $340,920, expenses of $240,920 and total assets of $118,218 at year end.
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All nonprofits in LONG BEACH · California · Recreation and sports