Nonprofit · EIN 81-3425275
R&B ABBASI FOUNDATION INC
Tax-exempt · BELLE MEAD, NJ 08502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,633,123 | $430,101 | $1,203,022 | $511,906 | $0 | $511,906 |
| December 31, 2024 | 990-PF | $505,337 | $315,981 | $189,356 | $123,637 | $0 | $123,637 |
| December 31, 2023 | 990-PF | $147,548 | $216,994 | -$69,446 | $29,110 | $0 | $29,110 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,630,000
- Dividends
- $8,008
- Net gain from sales of assets
- -$4,885
Expenses
- Grants and similar amounts paid
- $420,735
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $420,735
- Excise tax on investment income
- $111
Balance sheet and other
- Total assets, start of year
- $123,637
- Total assets, end of year
- $511,906
- Total liabilities, end of year
- $0
- Net assets, end of year
- $511,906
- Fair market value of assets
- $511,906
- Qualifying distributions
- $420,735
- Net investment income
- $8,008
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 |
|---|---|---|---|
| BILQUIS ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | CHAIR, BOARD OF TRUSTEES | 1 | $0 |
| MUHAMMAD RASHID ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | VICE CHAIR, BOARD OF TRUST | 1 | $0 |
| SABAH ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | TREASURER, BOARD OF TRUSTE | 1 | $0 |
| OMAR ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | SECRETARY, BOARD OF TRUSTE | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILQUIS ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | CHAIR, BOARD OF TRUSTEES | 1 | $0 |
| MUHAMMAD RASHID ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | VICE CHAIR, BOARD OF TRUST | 1 | $0 |
| SABAH ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | TREASURER, BOARD OF TRUSTE | 1 | $0 |
| OMAR ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | SECRETARY, BOARD OF TRUSTE | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILQUIS ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | CHAIR, BOARD OF TRUSTEES | 1 | $0 |
| MUHAMMAD RASHID ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | VICE CHAIR, BOARD OF TRUST | 1 | $0 |
| SABAH ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | TREASURER, BOARD OF TRUSTE | 1 | $0 |
| OMAR ABBASI 181 GRAYSON DRIVE, BELLE MEAD, NJ 08502 | SECRETARY, BOARD OF TRUSTE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 181 GRAYSON DR, BELLE MEAD, NJ 08502-4932
- Signed the 990-PF
- BILQUIS ABBASI, CHAIR OF BOARD OF TRUSTEES
- Phone
- (973) 886-6445
- Return prepared by
- REID TAX & ADVISORY 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
- 81-3425275
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $511,906
- Income (IRS master file)
- $1,649,407
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,633,123 | $430,101 | $511,906 | IRS |
| 990-PF | December 2024 | $505,337 | $315,981 | $123,637 | IRS |
| 990-PF | December 2023 | $147,548 | $216,994 | $29,110 | 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 81-3425275).
Questions about R&B ABBASI FOUNDATION INC
- What is the EIN of R&B ABBASI FOUNDATION INC?
- The employer identification number (EIN) of R&B ABBASI FOUNDATION INC is 81-3425275.
- Is R&B ABBASI FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to R&B ABBASI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does R&B ABBASI FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of R&B ABBASI FOUNDATION INC 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 R&B ABBASI FOUNDATION INC 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 R&B ABBASI FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does R&B ABBASI FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,633,123, expenses of $430,101 and total assets of $511,906 at year end.
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