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Nonprofit · EIN 84-2232002

RASA COLLECTIVE INC

Tax-exempt (reinstated) · LOS ANGELES, CA 90048

Financials

$139K$161K2022
Revenue Expenses · by fiscal year end
Financials of RASA COLLECTIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2022990$139,010$160,978-$21,968$9,211$0$9,211
Financial details: 990 for the year ended December 31, 2022

Revenue

Contributions, gifts and grants
$0
Program service revenue
$139,010
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$241
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$479
Travel
$1,843
Program services (functional)
$136,098
Management and general (functional)
$24,880

Balance sheet and other

Total assets, start of year
$31,179
Total assets, end of year
$9,211
Total liabilities, end of year
$0
Net assets, end of year
$9,211
Land, buildings and equipment
$3,503
Gross receipts
$139,010
Employees
0
Year formed
2019
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, 2022, highest compensation first.

NameTitleHours / weekCompensation
ZAID KHRAISVICE PRESIDENT
Officer
40$0
AHMAD MUHAISSENOFFICER
Officer
40$0
FAISAL MALASOFFICER
Officer
40$0

Address and contacts

Address (IRS master file)
506 N KINGS RD, LOS ANGELES, CA 90048-0000
In care of
% AHMAD SALEM AL MUHAISEN
Mailing address (990-N for 2024)
506 N Kings Rd, Los Angeles CA 90048
Principal officer (990 for 2022)
Ahmad Salem Al Muhaisen, 560 N KINGS RD APT 1, LOS ANGELES, CA 90048
Principal officer (990-N for 2024)
AHMAD SALEM AL MUHAISEN, 813 N Martel Ave Unit F, Los Angeles CA 90046
Signed the 990
Ahmad Salem Al Muhaisen, VICE PRESIDENT
Return prepared by
ALEX GUROVICH CPA APC

California records

California keeps its own records of charities and corporations. Search them by EIN 84-2232002 or by the name RASA COLLECTIVE INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

We create a space and invite artists music, painters, calligraphers, digital, and other to promote their work and gain a larger following/appreciation for their work

990 for the year ended December 31, 2022

Program accomplishments

  • Art inspired music events that promote up and coming artists. We create a space and invite artists music, painters, calligraphers, digital, and other to promote their work and gain a larger following/appreciation for their work
    Expenses $136,098 · revenue $139,010

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
84-2232002
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

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-N for 2024
Officer: AHMAD SALEM AL MUHAISEN
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Ahmad Salem Al Muhaisen
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2022$139,010$160,978$9,211IRS
990-N for 2019
Officer: zaid khrais
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 84-2232002).

Questions about RASA COLLECTIVE INC

What is the EIN of RASA COLLECTIVE INC?
The employer identification number (EIN) of RASA COLLECTIVE INC is 84-2232002.
Is RASA COLLECTIVE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to RASA COLLECTIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RASA COLLECTIVE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of RASA COLLECTIVE 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 RASA COLLECTIVE INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of RASA COLLECTIVE INC?
The 990 for the year ended December 31, 2022 names Ahmad Salem Al Muhaisen.
Who are the officers and directors of RASA COLLECTIVE INC?
The 990 for the year ended December 31, 2022 lists 3 people; 0 received compensation from the organization.
How much revenue does RASA COLLECTIVE INC have?
On its 990 for the year ended December 31, 2022 it reported revenue of $139,010, expenses of $160,978 and total assets of $9,211 at year end.

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