Nonprofit · EIN 47-5215074
OBASIANYI FOUNDATION INC
Tax-exempt (reinstated) · LAREDO, TX 78041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILFRED OBASI | President | 0 | $0 |
| ADAOBI OBASI | Treasurer | 0 | $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
Program accomplishments
- Supporting schools in NigeriaExpenses $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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | – | – | $0 | IRS |
| 990-N for 2023 Officer: Wilfred OBASI | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-PF | December 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-EZ | December 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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