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Nonprofit · EIN 47-5215074

OBASIANYI FOUNDATION INC

Tax-exempt (reinstated) · LAREDO, TX 78041

Financials

Financials of OBASIANYI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ–––$0$0$0
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Expenses

Compensation of officers, directors and key employees
$0
Program services (functional)
$10,000

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$0

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILFRED OBASIPresident0$0
ADAOBI OBASITreasurer0$0

Address and contacts

Address (IRS master file)
117 YELLOWSTONE LAKE DR, LAREDO, TX 78041-1915
In care of
% WILFRED OBASI
Mailing address (990-N for 2023)
117 Yellowstone Lake Dr, LAREDO TX 78041
Principal officer (990-N for 2023)
Wilfred OBASI, 117 Yellowstone Lake Dr, Laredo TX 78041
Signed the 990-EZ
WILFRED OBASI, Director
Phone
(832) 971-6355
Return prepared by
Kalambo Consulting

Mission

Support for local schools in Nigeria

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Supporting schools in Nigeria
    Expenses $10,000

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
47-5215074
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
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
August 13, 2018
Reinstated
Effective May 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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024––$0IRS
990-N for 2023
Officer: Wilfred OBASI
December 31, 2023≤ $50,000 receipts––e-Postcard
990-PFDecember 2022–––IRS
990-N for 2021
Officer: Wilfred Obasi
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Wilfred I Obasi
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Wilfred Obasi
December 31, 2019≤ $50,000 receipts––e-Postcard
990-EZDecember 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 47-5215074).

Questions about OBASIANYI FOUNDATION INC

What is the EIN of OBASIANYI FOUNDATION INC?
The employer identification number (EIN) of OBASIANYI FOUNDATION INC is 47-5215074.
Is OBASIANYI FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
Are donations to OBASIANYI FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OBASIANYI FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of OBASIANYI FOUNDATION INC 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 OBASIANYI FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of OBASIANYI FOUNDATION INC?
The 990-N for 2023 names Wilfred OBASI.
Who are the officers and directors of OBASIANYI FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.

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