Nonprofit · EIN 77-0552975
ARDESHIR FALAKI FOUNDATION
Also known as ARDESHIR FALAKI DIRECTOR
Tax-exempt · LYNNFIELD, MA 01940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $11,326 | $16,196 | -$4,870 | $144,135 | $0 | $144,135 |
| December 31, 2024 | 990-PF | $12,999 | $10,905 | $2,094 | $149,005 | $0 | $149,005 |
| December 31, 2023 | 990-PF | $3,361 | $1,489 | $1,872 | $146,911 | $0 | $146,911 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $3,930
- Net gain from sales of assets
- $7,396
Expenses
- Grants and similar amounts paid
- $8,000
- Disbursements for charitable purposes
- $8,000
- Excise tax on investment income
- $44
Balance sheet and other
- Total assets, start of year
- $149,005
- Total assets, end of year
- $144,135
- Total liabilities, end of year
- $0
- Net assets, end of year
- $144,135
- Fair market value of assets
- $170,957
- Qualifying distributions
- $8,000
- Net investment income
- $11,326
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ardeshir Falaki PO Box 691824, Los Angeles, CA 90058 | PresidentDirector | 0 | $0 |
| Joseph Mercurio 40 Salem St Bldg 1 Ste 7, Lynnfield, MA 019401915 | Treasurer | 0 | $0 |
| Joseph Mercurio 40 Salem St Bldg 1 Ste 7, Lynnfield, MA 019401915 | Secretary | 0 | $0 |
| Bambi Savage PO Box 691824, Los Angeles, CA 90058 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ardeshir Falaki PO Box 691824, Los Angeles, CA 90058 | PresidentDirector | 0 | $0 |
| Joseph Mercurio 40 Salem St Bldg 1 Ste 7, Lynnfield, MA 019401915 | Treasurer | 0 | $0 |
| Joseph Mercurio 40 Salem St Bldg 1 Ste 7, Lynnfield, MA 019401915 | Secretary | 0 | $0 |
| Bambi Savage PO Box 691824, Los Angeles, CA 90058 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ardeshir Falaki PO Box 691824, West Hollywood, CA 90058 | President/Director | 0 | $0 |
| Joseph Mercurio 100 Cummings Center Ste 265-F, Beverly, MA 01915 | Treasurer | 0 | $0 |
| Joseph Mercurio 100 Cummings Center Ste 265-F, Beverly, MA 01915 | Secretary | 0 | $0 |
| Bambi Savage PO Box 691824, West Hollywood, CA 90058 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 40 SALEM ST BLDG 1 STE 7, LYNNFIELD, MA 01940-0047
- In care of
- % JOSEPH MERCURIO
- Signed the 990-PF
- JOSEPH MERCURIO, Officer
- Phone
- (781) 224-9900
- Website
- AFFUSA.ORG
- Return prepared by
- Peddock Tax Services LLC
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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 77-0552975
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $144,135
- Income (IRS master file)
- $89,714
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $11,326 | $16,196 | $144,135 | XML |
| 990-PF | December 2024 | $12,999 | $10,905 | $149,005 | XML |
| 990-PF | December 2023 | $3,361 | $1,489 | $146,911 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 77-0552975).
Questions about ARDESHIR FALAKI FOUNDATION
- What is the EIN of ARDESHIR FALAKI FOUNDATION?
- The employer identification number (EIN) of ARDESHIR FALAKI FOUNDATION is 77-0552975.
- Is ARDESHIR FALAKI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to ARDESHIR FALAKI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ARDESHIR FALAKI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ARDESHIR FALAKI FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARDESHIR FALAKI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ARDESHIR FALAKI FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ARDESHIR FALAKI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $11,326, expenses of $16,196 and total assets of $144,135 at year end.
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