Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Gift USA Foundation Inc.
EIN 82-3419935 • 501(c)3 • Newark, CA
Pub. 78 Eligible990-N Coverage
Profile
To support organizations who already have the infrastructure and credibility in providing quality service at the grass root level. GIFT foundation will bridge the growing needs of these organizations by helping them generate funds from USA donors as well as provide the accountability and transparency needed to fulfill donor?s and legal requirements. Also there are local organizations providing shelter to the battered women and helping poor and needy families by supplying free food and groceries. Gift foundation will help promote their causes to its donors and help generate funds. This will allow these local organizations to expand their work and help support more people.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Balance Sheet
Assets
Down$17,168
Down $3,854 (-18%) from 2023
Liabilities
Flat$755
Flat from 2023
Net Assets
Down$16,413
Down $3,854 (-19%) from 2023
Revenue
Up$128,265
Up $14,841 (+13%) from 2023
Expenses
Up$132,119
Up $26,976 (+26%) from 2023
Net Income
Down-$3,854
Down $12,135 (-147%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,168
- Liabilities
- $755
- Net assets
- $16,413
- Revenue
- $128,265
- Expenses
- $132,119
- Net income
- -$3,854
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Mar 25, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $128,265
Mission and Program Overview
Mission
To support organizations who already have the infrastructure and credibility in providing quality service at the grass root level. GIFT foundation will bridge the growing needs of these organizations by helping them generate funds from USA donors as well as provide the accountability and transparency needed to fulfill donor?s and legal requirements. Also there are local organizations providing shelter to the battered women and helping poor and needy families by supplying free food and groceries. Gift foundation will help promote their causes to its donors and help generate funds. This will allow these local organizations to expand their work and help support more people.
Provide benevolent assitance & support to those in need around the world.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To support organizations who already have the infrastructure and credibility in providing quality service at the grass root level. GIFT foundation will bridge the growing needs of these organizations by helping them generate funds from USA donors as well as provide the accountability and transparency needed to fulfill donors and legal requirements. Also there are local organizations providing shelter to the battered women and helping poor and needy families by supplying free food and groceries. Gift foundation will help promote their causes to its donors and help generate funds. This will allow these local organizations to expand their work and help support more people. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mohamed Marwan Majid | President | - | $0 | - | - |
| Shahzad I Baqai | CFO | - | $0 | - | - |
| Zafar A Naqvi | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gift USA Foundation Inc
- EIN
- 82-3419935
- Address
- 35088 Lido Blvd D, Newark, CA 94560
Signing Officer
- Name
- Zafar A Naqvi
- Title
- Secretary
- Signed
- 2025-03-25
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Knr Services Inc
- Address
- 2670 S WHITE RD STE 125, SAN JOSE, CA 95148
- Preparer
- Lubna Rana
- Phone
- 4085310277
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.3
“| Donee's Name: Idara Al Khair Welfare | Donee's Address: Sector 5-J Sector 5 J New Karachi Karachi Sindh 75850 Pakistan | Cash Amount Given: $42080”
Grants and Similar Amounts Paid In Excess of $5,000.5
“| Donee's Name: Karachi Vocational Training Center | Donee's Address: Plot10 Commerical Ave Phas IV Karachi Sindh 75500 Pakistan | Cash Amount Given: $20000”
Grants and Similar Amounts Paid In Excess of $5,000.10
“| Donee's Name: Girl Scouts of North California | Donee's Address: 1310 S Bascom Ave San Jose CA 95128 | Cash Amount Given: $17000”
Grants and Similar Amounts Paid In Excess of $5,000.11
“| Donee's Name: Karwan-e-Hayat Mental Health Care | Donee's Address: Sector 48-H,Qabrastan Road Karachi Sindh Pakistan | Cash Amount Given: $7500”
Grants and Similar Amounts Paid In Excess of $5,000.12
“| Donee's Name: The I Care Fund America Inc | Donee's Address: F-192/2, Block 5, Kehkashan Clifton Karachi Sindh Pakistan | Cash Amount Given: $35000”
Other Expenses.1001
“Advertising and Promotion $2900”
Other Expenses.1002
“Office Expenses $190”
Other Expenses.1
“Software $509”
Other Expenses.2
“Bank Fee $158”
Other Expenses.3
“Attorney General $75”
Other Expenses.5
“SOS $20”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $755 Payable to Officers, Directors, Etc. - Ending $755”
Raw XML Appendix130 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Zafar A Naqvi |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4083646239 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 35088 Lido Blvd D |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Newark |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94560 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 21022 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17168 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 128265 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3854 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3345 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 21022 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17168 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 124880 |
| IRS990EZ/GrossReceiptsAmt | 0 | 128265 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 20267 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16413 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 20267 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16413 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Mohamed Marwan Majid |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Shahzad I Baqai |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Zafar A Naqvi |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3852 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide benevolent assitance & support to those in need around the world. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 42 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To support organizations who already have the infrastructure and credibility in providing quality service at the grass root level. GIFT foundation will bridge the growing needs of these organizations by helping them generate funds from USA donors as well as provide the accountability and transparency needed to fulfill donors and legal requirements. Also there are local organizations providing shelter to the battered women and helping poor and needy families by supplying free food and groceries. Gift foundation will help promote their causes to its donors and help generate funds. This will allow these local organizations to expand their work and help support more people. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 755 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 755 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 132119 |
| IRS990EZ/TotalRevenueAmt | 0 | 128265 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.giftusa.org |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: Idara Al Khair Welfare | Donee's Address: Sector 5-J Sector 5 J New Karachi Karachi Sindh 75850 Pakistan | Cash Amount Given: $42080 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Donee's Name: Karachi Vocational Training Center | Donee's Address: Plot10 Commerical Ave Phas IV Karachi Sindh 75500 Pakistan | Cash Amount Given: $20000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Donee's Name: Girl Scouts of North California | Donee's Address: 1310 S Bascom Ave San Jose CA 95128 | Cash Amount Given: $17000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Donee's Name: Karwan-e-Hayat Mental Health Care | Donee's Address: Sector 48-H,Qabrastan Road Karachi Sindh Pakistan | Cash Amount Given: $7500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | | Donee's Name: The I Care Fund America Inc | Donee's Address: F-192/2, Block 5, Kehkashan Clifton Karachi Sindh Pakistan | Cash Amount Given: $35000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Advertising and Promotion $2900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Office Expenses $190 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Software $509 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Bank Fee $158 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Attorney General $75 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | SOS $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payable to Officers, Directors, Etc. - Beginning $755 Payable to Officers, Directors, Etc. - Ending $755 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Grants and Similar Amounts Paid In Excess of $5,000.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Grants and Similar Amounts Paid In Excess of $5,000.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Grants and Similar Amounts Paid In Excess of $5,000.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1006 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Zafar A Naqvi |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Gift USA Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GIFT |
| ReturnHeader/Filer/EIN | 0 | 823419935 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 35088 Lido Blvd D |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Newark |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94560 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 770542103 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KNR SERVICES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2670 S WHITE RD STE 125 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN JOSE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 95148 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4085310277 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lubna Rana |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-03-25T18:16:14-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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