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Nonprofit · EIN 86-1027002

BEST STUDENT FUND

Tax-exempt · CHANDLER, AZ 85246

Financials

$225K$183K2022$179K$175K2023$144K$310K2024
Revenue Expenses · by fiscal year end
Financials of BEST STUDENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$144,034$309,857-$165,823$166,688$3,045$163,643
June 30, 2024990$179,172$174,658$4,514$329,466$0$329,466
June 30, 2023990$225,232$182,878$42,354$324,952$0$324,952
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$144,034
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$290,200
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$14,910
Program services (functional)
$290,200
Management and general (functional)
$19,657

Balance sheet and other

Total assets, start of year
$329,466
Total assets, end of year
$166,688
Total liabilities, end of year
$3,045
Net assets, end of year
$163,643
Net assets without donor restrictions
$163,643
Gross receipts
$144,034
Employees
0
Volunteers
2
Year formed
2001
State of legal domicile
AZ

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
VASEEM KHANCHAIRMAN/PRES./TREAS.
Trustee or director, Officer
1$0
RABAH ABDELKARIMVICE PRESIDENT/SECRETARY
Trustee or director, Officer
0.15$0
990 for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensation
VASEEM KHANCHAIRMAN/PRES./TREAS.
Trustee or director, Officer
1$0
RABAH ABDELKARIMVICE PRESIDENT/SECRETARY
Trustee or director, Officer
0.15$0
990 for the year ended June 30, 2023: 2 people
NameTitleHours / weekCompensation
VASEEM KHANCHAIRMAN/PRES./TREAS.
Trustee or director, Officer
1$0
RABAH ABDELKARIMVICE PRESIDENT/SECRETARY
Trustee or director, Officer
0.15$0

Address and contacts

Address (IRS master file)
PO BOX 6876, CHANDLER, AZ 85246-6876
In care of
% A S WARSI
Principal officer (990 for 2024)
VASEEM KHAN, PO BOX 6876, CHANDLER, AZ 85246
Signed the 990
VASEEM KHAN, PRESIDENT
Phone
(480) 221-2734
Return prepared by
EIDE BAILLY LLP

Mission

TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION FOR STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDED A TOTAL OF $290,200 IN EDUCATIONAL SCHOLARSHIPS AND TUITION GRANTS FROM THREE DIFFERENT TAX CREDIT PROGRAMS TO 49 STUDENTS ATTENDING PRIVATE ELEMENTARY OR SECONDARY SCHOOLS IN ARIZONA.
    Expenses $290,200 · grants $290,200

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
86-1027002
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$166,688
Income (IRS master file)
$144,034

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$144,034$309,857$166,688IRS
990June 2024$179,172$174,658$329,466IRS
990June 2023$225,232$182,878$324,952XML
990June 2022$311,804$217,948$282,598IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 86-1027002).

Questions about BEST STUDENT FUND

What is the EIN of BEST STUDENT FUND?
The employer identification number (EIN) of BEST STUDENT FUND is 86-1027002.
Is BEST STUDENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to BEST STUDENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BEST STUDENT FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BEST STUDENT FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BEST STUDENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BEST STUDENT FUND?
The 990 for the year ended June 30, 2025 names VASEEM KHAN.
Who are the officers and directors of BEST STUDENT FUND?
The 990 for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does BEST STUDENT FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $144,034, expenses of $309,857 and total assets of $166,688 at year end.

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