Civic Intelligence

Aasha Foundation

990EZ • Fiscal year 2023 • EIN 82-3306879

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
420 Four Stones BlvdThe Colony, TX 75056

(214) 517-1644

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

92nd percentile

112%

Faster asset growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

3276%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$148,591

Up $78,444 (+112%) from 2022

Net Assets

Up

$148,591

Up $78,444 (+112%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin89th percentile

Revenue

Up

$174,826

Up $169,648 (+3276%) from 2022

Expenses

Up

$96,382

Up $57,040 (+145%) from 2022

Net Income

Up

$78,444

Up $112,608 (+330%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $195,936Liabilities 2018: $0Net Assets 2018: $195,9362018Assets 2019: $183,748Liabilities 2019: $0Net Assets 2019: $183,7482019Assets 2020: $150,110Liabilities 2020: $0Net Assets 2020: $150,1102020Assets 2021: $104,311Liabilities 2021: $0Net Assets 2021: $104,3112021Assets 2022: $70,147Liabilities 2022: $0Net Assets 2022: $70,1472022Assets 2023: $148,591Liabilities 2023: $0Net Assets 2023: $148,5912023Assets 2024: $225,653Net Assets 2024: $225,6532024

Highlighted filing

2023

Assets$148,591
Liabilities$0
Net Assets$148,591
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $195,936Expenses 2018: $0Net Income 2018: $195,9362018Revenue 2019: $16,155Expenses 2019: $28,343Net Income 2019: -$12,1882019Revenue 2020: $5,687Expenses 2020: $39,325Net Income 2020: -$33,6382020Revenue 2021: $1,810Expenses 2021: $47,609Net Income 2021: -$45,7992021Revenue 2022: $5,178Expenses 2022: $39,342Net Income 2022: -$34,1642022Revenue 2023: $174,826Expenses 2023: $96,382Net Income 2023: $78,4442023Revenue 2024: $188,248Expenses 2024: $111,186Net Income 2024: $77,0622024

Highlighted filing

2023

Revenue$174,826
Expenses$96,382
Net Income$78,444
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$174,826
Mission and Program Overview

Mission

SOCIAL ACTIVITIES

SOCIAL AVTIVITIES

Program Services

DescriptionGrantsExpenses
IMPROVE PEOPLES QUALITY OF LIFE BY PROVIDING BASIC SERVICES IN THE AREA OF EDUCATION, ECONOMY, SOCIAL WELFARE, HEALTH AND RELIGION$174,650-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KHURRAM JIWANIDirector-$0--
MOHAMMAD A KHANSecretary-$0--
SHAHZAD HEMANITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Aasha Foundation
EIN
82-3306879
Address
420 FOUR STONES BLVD, The Colony, TX 75056

Signing Officer

Name
Khurram Jiwani
Title
President
Signed
2024-11-13
Discuss with paid preparer
No

Preparer

Firm
USA Tax & Financial Services
Address
13155 Noel Road Suite 900, Dallas, TX 75240
Preparer
Salim Dayani
Phone
9729185098
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountInterest 3Insurance Refund 173”

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 14,063Phone Service 282Fuel 2,243NTTA Tolls 80Registration & Inspection 364Oil Change Tires & Wipers 1,679Insurance 18,018Car Wash 1,617Donations to Rupani Foundation 10,000Bank Charges 111Texas Auto Care 725Donations to Shams Family Foundatio 25,000Donations to Aga Khan Foundation 16,000Donations Returned to Aga Realty 4,000TCCF Water Pumps 1,500Donations to Maa Foundation 700”

Description of other assets Part II line 24

“Category Beginning of Year End of YearVehicles 28,933 14,870”

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KHURRAM JIWANI
IRS990EZ/BooksInCareOfDetail/PhoneNum02145171644
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0420 FOUR STONES BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0The Colony
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075056
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041214
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0133721
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0174650
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt078444
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt070147
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0148591
IRS990EZ/GrossReceiptsAmt0174826
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt070147
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0148591
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt070147
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0148591
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KHURRAM JIWANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MOHAMMAD A KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHAHZAD HEMANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt028933
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014870
IRS990EZ/OtherExpensesTotalAmt096382
IRS990EZ/OtherRevenueTotalAmt0176
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SOCIAL AVTIVITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMPROVE PEOPLES QUALITY OF LIFE BY PROVIDING BASIC SERVICES IN THE AREA OF EDUCATION, ECONOMY, SOCIAL WELFARE, HEALTH AND RELIGION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0174650
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt096382
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0174826
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0174650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04793
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt060746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0247479
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0247479
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0174650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt060746
IRS990ScheduleA/Total509Grp/TotalAmt0247479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0174650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt060746
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0247479
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountInterest 3Insurance Refund 173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 14,063Phone Service 282Fuel 2,243NTTA Tolls 80Registration & Inspection 364Oil Change Tires & Wipers 1,679Insurance 18,018Car Wash 1,617Donations to Rupani Foundation 10,000Bank Charges 111Texas Auto Care 725Donations to Shams Family Foundatio 25,000Donations to Aga Khan Foundation 16,000Donations Returned to Aga Realty 4,000TCCF Water Pumps 1,500Donations to Maa Foundation 700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearVehicles 28,933 14,870
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KHURRAM JIWANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AASHA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0AASH
ReturnHeader/Filer/EIN0823306879
ReturnHeader/Filer/USAddress/AddressLine1Txt0420 FOUR STONES BLVD
ReturnHeader/Filer/USAddress/CityNm0The Colony
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075056
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0USA TAX & FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013155 Noel Road Suite 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075240
ReturnHeader/PreparerPersonGrp/PhoneNum09729185098
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Salim Dayani
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-12T22:31:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$148,591
Liabilities
$0
Net assets
$148,591
Revenue
$174,826
Expenses
$96,382
Net income
$78,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.26$2.26$1.88$1.11$0.77
2023Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$1.75$0.96$0.78
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.05$0.39$0.34
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.02$0.48$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.06$0.39$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.16$0.28$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$1.96$0.00$1.96
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00