Civic Intelligence

Al-Basit Foundation

990EZ • Fiscal year 2022 • EIN 85-1754571

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 08, 2023

Organization Profilealbasit.org
PO Box 2055Richmond, TX 77406

(713) 806-3961

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

37th percentile

-1.3%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

90th percentile

83%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

6.8%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$5,920

Up $2,688 (+83%) from 2021

Net Assets

Up

$5,920

Up $2,688 (+83%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin37th percentile

Revenue

Up

$158,056

Up $10,109 (+6.8%) from 2021

Expenses

Up

$160,118

Up $43,459 (+37%) from 2021

Net Income

Down

-$2,062

Down $33,350 (-107%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$30K$20K$10K$0Assets 2020: $3,185Net Assets 2020: $3,1852020Assets 2021: $3,232Liabilities 2021: $0Net Assets 2021: $3,2322021Assets 2022: $5,920Liabilities 2022: $0Net Assets 2022: $5,9202022Assets 2023: $20,542Liabilities 2023: $0Net Assets 2023: $20,5422023Assets 2024: $15,655Liabilities 2024: $0Net Assets 2024: $15,6552024Assets 2025: $9,517Liabilities 2025: $0Net Assets 2025: $9,5172025

Highlighted filing

2022

Assets$5,920
Liabilities$0
Net Assets$5,920
Open 2022 Filing

Operations Trend

Revenue Growth48th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $3,201Expenses 2020: $116Net Income 2020: $3,0852020Revenue 2021: $147,947Expenses 2021: $116,659Net Income 2021: $31,2882021Revenue 2022: $158,056Expenses 2022: $160,118Net Income 2022: -$2,0622022Revenue 2023: $152,070Expenses 2023: $137,448Net Income 2023: $14,6222023Revenue 2024: $101,170Expenses 2024: $106,057Net Income 2024: -$4,8872024Revenue 2025: $125,435Expenses 2025: $131,573Net Income 2025: -$6,1382025

Highlighted filing

2022

Revenue$158,056
Expenses$160,118
Net Income-$2,062
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 8, 2023
Return Version
2022v5.0
Gross Receipts
$158,056
Mission and Program Overview

Mission

Charitable, religious, educational.

Charitable Religious Educational

Program Services

DescriptionGrantsExpenses
During 2022 the organization helped raise funds for victims of flood disaters in Pakistan, and helped drill water wells for the underprivilged in Nigeria.$155,810-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAZEK SALAHUDEENPresidentPT$0--
FATIMOH SALAWUTreasurerPT$0--
FARHA MOHIUDDINSecretaryPT$0--
SYED ABID ALI UMAIRBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Al-basit Foundation
EIN
85-1754571
Address
PO BOX 2055, Richmond, TX 77406

Signing Officer

Name
Nazek a Salhudeen
Title
President
Phone
7138063961
Signed
2023-06-08
Discuss with paid preparer
No

Preparer

Firm
Reliable Income Tax Service Inc
Address
9950 Westpark Dr Suite 414, Houston, TX 77063
Preparer
Ali Daher
Phone
7132661751
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountCHARITABLE CONTRIBUTIONS 155,810TELEPHONE EXP 81BANK SERVICE FEES 1,662DUES & SUBSCRIPTIONS 191”

Raw XML Appendix138 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/PersonNm0NAZEK A SALAHUDEEN
IRS990EZ/BooksInCareOfDetail/PhoneNum07138063961
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2055
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Richmond
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077406
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07982
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05920
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0158056
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2062
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02162
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07982
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05920
IRS990EZ/GrossReceiptsAmt0158056
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07982
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05920
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07982
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05920
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt325.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NAZEK SALAHUDEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FATIMOH SALAWU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FARHA MOHIUDDIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SYED ABID ALI UMAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0157744
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable Religious Educational
IRS990EZ/PrintingPublicationsPostageAmt0212
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0During 2022 the organization helped raise funds for victims of flood disaters in Pakistan, and helped drill water wells for the underprivilged in Nigeria.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0155810
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160118
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0158056
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0albasit.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0158056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03201
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0161257
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0161257
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0158056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03201
IRS990ScheduleA/Total509Grp/TotalAmt0161257
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0158056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0161257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCHARITABLE CONTRIBUTIONS 155,810TELEPHONE EXP 81BANK SERVICE FEES 1,662DUES & SUBSCRIPTIONS 191
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NAZEK A SALHUDEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07138063961
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AL-BASIT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0AL-B
ReturnHeader/Filer/EIN0851754571
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2055
ReturnHeader/Filer/USAddress/CityNm0Richmond
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077406
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453560198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Reliable Income Tax Service Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09950 Westpark Dr Suite 414
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077063
ReturnHeader/PreparerPersonGrp/PhoneNum07132661751
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ali Daher
ReturnHeader/ReturnTs02023-06-08T19:27:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NAZEK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALHUDEEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,920
Liabilities
$0
Net assets
$5,920
Revenue
$158,056
Expenses
$160,118
Net income
-$2,062
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.25$1.32$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.01$1.06$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.52$1.37$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.58$1.60$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.48$1.17$0.31
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.03$0.00$0.03