Civic Intelligence

The Faris Foundation

990 • Fiscal year 2020 • EIN 83-3109684

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

Organization ProfileWWW.THEFARISFOUNDATION.ORG
13135 Dairy Ashford Road Suite 560Sugar Land, TX 77478

(281) 688-4569

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$56,308

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

96th percentile

199%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

105%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$3,055,314

Up $2,032,469 (+199%) from 2019

Net Assets

Up

$3,030,314

Up $2,007,469 (+196%) from 2019

Liabilities

Up

$25,000

Up $25,000 from 2019

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin97th percentile

Revenue

Up

$2,344,708

Up $1,202,324 (+105%) from 2019

Expenses

Up

$337,239

Up $217,700 (+182%) from 2019

Net Income

Up

$2,007,469

Up $984,624 (+96%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$6.0M$4.0M$2.0M$0Assets 2019: $1,022,845Liabilities 2019: $0Net Assets 2019: $1,022,8452019Assets 2020: $3,055,314Liabilities 2020: $25,000Net Assets 2020: $3,030,3142020Assets 2021: $3,963,783Liabilities 2021: $0Net Assets 2021: $3,963,7832021Assets 2022: $4,552,759Liabilities 2022: $137,463Net Assets 2022: $4,415,2962022Assets 2023: $4,782,664Liabilities 2023: $72,157Net Assets 2023: $4,710,5072023Assets 2024: $5,749,984Liabilities 2024: $101,679Net Assets 2024: $5,648,3052024

Highlighted filing

2020

Assets$3,055,314
Liabilities$25,000
Net Assets$3,030,314
Open 2020 Filing

Operations Trend

Revenue Growth93rd percentile

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

$3.0M$2.0M$1.0M$0Revenue 2019: $1,142,384Expenses 2019: $119,539Net Income 2019: $1,022,8452019Revenue 2020: $2,344,708Expenses 2020: $337,239Net Income 2020: $2,007,4692020Revenue 2021: $1,439,177Expenses 2021: $505,708Net Income 2021: $933,4692021Revenue 2022: $1,703,325Expenses 2022: $1,251,812Net Income 2022: $451,5132022Revenue 2023: $1,578,814Expenses 2023: $1,265,575Net Income 2023: $313,2392023Revenue 2024: $1,800,882Expenses 2024: $1,411,437Net Income 2024: $389,4452024

Highlighted filing

2020

Revenue$2,344,708
Expenses$337,239
Net Income$2,007,469
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$2,344,708
Mission and Program Overview

Mission

The faris foundation brings brighter days and better treatments to children with cancer. Our work is focused in three key areas: childhood cancer research, creative arts programs at children's cancer centers, and public engagement and awareness around childhood cancer.

The faris foundation brings brighter days and better treatments to children with cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$945,345$3,055,314▲ $2,109,969
Rtn Earn Endowment Incm Other Fnds$1,022,845$3,030,314▲ $2,007,469
Pledges and Grants Receivable$77,500--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,022,845$3,055,314▲ $2,032,469
Liabilities
Grants Payable-$25,000-
Total Liabilities$0$25,000▲ $25,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,022,845$3,030,314▲ $2,007,469
Total Liabilities and Net Assets / Fund Balance$1,022,845$3,055,314▲ $2,032,469
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Anjum AshariaSecretaryFT$56,308$56,308

Board Members and Trustees

NameTitle
Asha Jamal ViraniPresident
Farid ViraniVice President
Bonna KolDirector
Krista BabineDirector
Lori VettersDirector
Naushad KermallyDirector
Rishma MohamedDirector
Susan BlaneyDirector
Zahra DossaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,342,873
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,835
All Other Contributions
$2,342,873
Change in Net Assets
$2,007,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$279,595
Other Expenses$57,644
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$279,595--$279,595
Advertising$20,755--$20,755
Other Expenses$3,349$2,858-$2,858
Information Technology-$1,363-$1,363
Fees for Services Other$1,185--$1,185
Office Expenses-$713-$713
Total Functional Expenses$332,305$4,934$0$337,239
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
TEXAS CHILDREN'S CANCER CENTERHouston, TX501(c)(3)THIS IS THE FIRST INSTALLMENT OF A $1.4 MILLION GRANT (OVER 3 YEARS, A TOTAL SIX INSTALLMENTS) FOR PEDIATRIC CANCER RESEARCH. THIS GIFT IS TO BE USED IN SUPPORT OF PERSONNEL COSTS ASSOCIATED WITH THE HEROS 3.0 TRIAL, A PHASE 1 STUDY WHICH IS THE FIRST OF ITS KIND IN IMMUNOTHERAPY USING CART-T CELLS IN SOLID REFRACTORY TUMORS. GRANT PERIOD: JANUARY 01, 2021 - JULY 1, 2023.$233,333
Mount Sinai HospitalNew York, NY501(c)(3)THIS IS THE FIRST INSTALLMENT OF A GRANT TOTALING $100,000 TO SUPPORT THE CREATIVE ARTS THERAPY FELLOWSHIP PROGRAM AT MOUNT SINAI KRAVIS CHILDREN'S HOSPITAL IN NEW YORK CITY. GRANT PERIOD: BEFORE JANUARY 01, 2021 - JANUARY 2024.$25,000
Heroes for ChildrenHouston, TX501(c)(3)GRANTS TOWARDS FINANCIAL ASSISTANCE AND FUNERAL EXPENSES FOR CHILDHOOD CANCER FAMILIES AFFECTED BY THE COVID-19 PANDEMIC. PART OF THE FOUNDATION'S COVID-19 RAPID RELIEF PROGRAM. GRANT PERIOD SPRING-SUMMER 2020. BREAKDOWN OF GRANT: FAMILY FINANCIAL ASSISTANCE GRANT, FUNERAL EXPENSES GRANT, FUNERAL EXPENSES INCREASED NEED GRANT.$8,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Asha and farid virani are married”

Form 990, Part VI, Section B, Line 11B

“The organization's form 990 is prepared by a hired accounting firm and is subsequently reviewed by the organization's president before it is filed”

Form 990, Part VI, Section C, Line 19

“Governing documents are made publicly available upon request”

Filing and Contact Details

Filer

Filer Name
The Faris Foundation
EIN
83-3109684
Phone
2816884569
Address
13135 DAIRY ASHFORD ROAD SUITE 560, SUGAR LAND, TX 77478

Signing Officer

Name
Asha Virani
Title
President
Phone
2816884569
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Asha Virani
Formed
2019
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
6
Employees
0
Volunteers
75

Preparer

Firm
Weinstein Spira & Company Pc
Address
3773 RICHMOND AVENUE SUITE 900, HOUSTON, TX 77046
Preparer
Homero Carrillo Jr
Phone
7136227000
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IRS990/MissionDesc0THE FARIS FOUNDATION BRINGS BRIGHTER DAYS AND BETTER TREATMENTS TO CHILDREN WITH CANCER. OUR WORK IS FOCUSED IN THREE KEY AREAS: CHILDHOOD CANCER RESEARCH, CREATIVE ARTS PROGRAMS AT CHILDREN'S CANCER CENTERS, AND PUBLIC ENGAGEMENT AND AWARENESS AROUND CHILDHOOD CANCER.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ART IS MY LIFE - WE BELIEVE EVERY CHILD SHOULD HAVE ACCESS TO ART AS A PART OF THEIR PLAN OF CARE. WE HAVE EMBEDDED AN ART THERAPIST AT TEXAS CHILDREN'S CANCER CENTER TO BRING MEANINGFUL OPPORTUNITIES FOR CREATIVE EXPRESSION AND HEALING TO CHILDREN AND FAMILIES AFFECTED BY CANCER. A MULTI-YEAR ART THERAPY FELLOWSHIP HAS BEEN ESTABLISHED AT MOUNT SINAI CHILDREN'S HOSPITAL TO SUPPORT THE NEXT GENERATION OF ART THERAPISTS.IN ADDITION WE PROVIDE ONGOING ART PARTIES AT NUMEROUS CHILDREN'S CANCER CENTERS WHICH ENGAGE PROFESSIONAL ARTISTS/ARTS EDUCATORS IN THE CONCEPTUALIZATION OF UNIQUE PROJECTS FOR EACH OF THESE EVENTS AND INVITE THE PARTICIPATION OF VOLUNTEERS FROM THE COMMUNITY FOR THE EVENT ITSELF.
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IRS990/ProgSrvcAccomActy3Grp/Desc0LET THERE BE GOLD - EVERY SEPTEMBER, WE DEEPEN OUR COMMITMENT TO THIS CAUSE THROUGH OUR PUBLIC AWARENESS CAMPAIGN CALLED LET THERE BE GOLD. WE HONOR EVERY CHILD, FAMILY, AND ANGEL DURING THE MONTH OF SEPTEMBER BY RAISING AWARENESS AND EDUCATION AROUND CHILDHOOD CANCER SO THAT OUR CHILDREN WILL HAVE BRIGHTER DAYS AND BETTER TREATMENTS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0RAPID COVID EMERGENCY RELIEF FUND - IN AN UNPRECEDENTED YEAR OF CHALLENGES ON ALL FRONTS, THE FOUNDATION WAS ABLE TO PROVIDE MUCH NEEDED ASSISTANCE TO FAMILIES AFFECTED BY CHILDHOOD CANCER.
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01142384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03485257
IRS990ScheduleA/TotalSupportAmt03485257
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0233333
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt28500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THIS IS THE FIRST INSTALLMENT OF A $1.4 MILLION GRANT (OVER 3 YEARS, A TOTAL SIX INSTALLMENTS) FOR PEDIATRIC CANCER RESEARCH. THIS GIFT IS TO BE USED IN SUPPORT OF PERSONNEL COSTS ASSOCIATED WITH THE HEROS 3.0 TRIAL, A PHASE 1 STUDY WHICH IS THE FIRST OF ITS KIND IN IMMUNOTHERAPY USING CART-T CELLS IN SOLID REFRACTORY TUMORS. GRANT PERIOD: JANUARY 01, 2021 - JULY 1, 2023.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1THIS IS THE FIRST INSTALLMENT OF A GRANT TOTALING $100,000 TO SUPPORT THE CREATIVE ARTS THERAPY FELLOWSHIP PROGRAM AT MOUNT SINAI KRAVIS CHILDREN'S HOSPITAL IN NEW YORK CITY. GRANT PERIOD: BEFORE JANUARY 01, 2021 - JANUARY 2024.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GRANTS TOWARDS FINANCIAL ASSISTANCE AND FUNERAL EXPENSES FOR CHILDHOOD CANCER FAMILIES AFFECTED BY THE COVID-19 PANDEMIC. PART OF THE FOUNDATION'S COVID-19 RAPID RELIEF PROGRAM. GRANT PERIOD SPRING-SUMMER 2020. BREAKDOWN OF GRANT: FAMILY FINANCIAL ASSISTANCE GRANT, FUNERAL EXPENSES GRANT, FUNERAL EXPENSES INCREASED NEED GRANT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TEXAS CHILDREN'S CANCER CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MOUNT SINAI HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HEROES FOR CHILDREN
IRS990ScheduleI/RecipientTable/RecipientEIN0741100555
IRS990ScheduleI/RecipientTable/RecipientEIN1131624096
IRS990ScheduleI/RecipientTable/RecipientEIN2830489882
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06701 FANNIN ST 1400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11468 MADISON AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25100 WESTHEIMER STE 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HOUSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2HOUSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110029
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd277056
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS ENGAGED IN ONGOING COMMUNICATION WITH THE RECIPIENT TO ENSURE PROGRAMMATIC OBJECTIVES ARE BEING MET, AND TO SUSTAIN COLLABORATIVE PROGRAM DEVELOPMENT. ADDITIONALLY, GRANT RECIPIENTS ARE EXPECTED TO SUBMIT REPORTING AND IMPACT ASSESSMENTS THROUGHOUT THE DURATION OF THE GRANT PERIOD (ACCORDING TO MUTUALLY AGREED UPON STANDARDS AND TIMELINES).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASHA AND FARID VIRANI ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS PREPARED BY A HIRED ACCOUNTING FIRM AND IS SUBSEQUENTLY REVIEWED BY THE ORGANIZATION'S PRESIDENT BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE PUBLICLY AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0760603404
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1843378018
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0TELECOM
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1TELECOM
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0PRIME COMMUNICATIONS LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1POLARIS-PC MANAGEMENT LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt012550 REED ROAD SUITE 100
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt112550 REED ROAD SUITE 100
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0SUGAR LAND
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1SUGAR LAND
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd077478
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd177478
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt056308
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FORM W-2
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PRIME COMMUNICATIONS LP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01022845
IRS990/TotalAssetsEOYAmt03055314
IRS990/TotalAssetsGrp/BOYAmt01022845
IRS990/TotalAssetsGrp/EOYAmt03055314
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02342873
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04934
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332305
IRS990/TotalFunctionalExpensesGrp/TotalAmt0337239
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt025000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt025000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01022845
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03030314
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt021347
IRS990/TotalOtherProgSrvcGrantAmt021347
IRS990/TotalProgramServiceExpensesAmt0332305
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01835
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02344708
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01022845
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03055314
IRS990/TotReportableCompRltdOrgAmt056308
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013135 DAIRY ASHFORD ROAD SUITE 560
IRS990/USAddress/CityNm0SUGAR LAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077478
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.THEFARISFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,055,314
Liabilities
$25,000
Net assets
$3,030,314
Revenue
$2,344,708
Expenses
$337,239
Net income
$2,007,469
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.75$0.10$5.65$1.80$1.41$0.39
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.07$4.71$1.58$1.27$0.31
2022Detailed filing. Detailed filing data is available for this year.$4.55$0.14$4.42$1.70$1.25$0.45
2021Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$1.44$0.51$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.06$0.03$3.03$2.34$0.34$2.01
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$1.14$0.12$1.02