Civic Intelligence

Al-Basit Foundation

990EZ • Fiscal year 2024 • EIN 85-1754571

Jan 01, 2024 to Dec 31, 2024 • Filed on May 01, 2025

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

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-4.8%

Higher net margin than 33% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-24%

Faster asset growth than 21% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-33%

Faster revenue growth than 17% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$15,655

Down $4,887 (-24%) from 2023

Net Assets

Down

$15,655

Down $4,887 (-24%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin33rd percentile

Revenue

Down

$101,170

Down $50,900 (-33%) from 2023

Expenses

Down

$106,057

Down $31,391 (-23%) from 2023

Net Income

Down

-$4,887

Down $19,509 (-133%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth21st 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

2024

Assets$15,655
Liabilities$0
Net Assets$15,655
Open 2024 Filing

Operations Trend

Revenue Growth17th 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

2024

Revenue$101,170
Expenses$106,057
Net Income-$4,887
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$101,170
Mission and Program Overview

Mission

Charitable, religious, educational.

Program Services

DescriptionGrantsExpenses
DURING 2024 THE ORGANIZATION HELPED DRILL WATER WELLS FOR THE UNDERPRIVILGED IN NIGERIA AND PAKISTAN.$100,055$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAZEK SALAHUDEENTreasurerPT$0--
FARHA MOHIUDDINSecretaryPT$0--
SYED ABID ALI UMAIRBoard MemberPT$0--
FAISAL KHANPresidentPT$0--
ADEEL SHAIKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Al-basit Foundation
EIN
85-1754571
In Care Of
% NAZEK SALAHUDEEN
Phone
7138063961
Address
PO BOX 2055, RICHMOND, TX 77406

Signing Officer

Name
Nazek Salahudeen
Title
Treasurer
Phone
7138063961
Signed
2025-05-01
Discuss with paid preparer
No

Preparer

Firm
Reliable Income Tax Service Inc
Address
9950 WESTPARK DR 415, Houston, TX 77063
Preparer
Ali Daher Ea
Phone
7132661751
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity WATER WELL DRILLINGS Grantee CUSTOMS HEALTH CARE Street MOON MARKEY BRANCH ALL City, Province, Country, Postal LAHORE, Pakistan 00000Relationship N/A Amount 22,885Activity WATER WELL DRILLINGS Grantee AS-SAMAD FOUNDATION Street 17 SAMURUT City, Province, Country, Postal ZARRIA, Nigeria 00000Relationship NA Amount 68,105Grantee GONULLU GRUP HAYAT YARDIM DERNEGI Street 14-1290968-1 ZIRAAT KATILIM City, Province, Country, Postal GAZIANTEP, Turkey 00000Relationship NA Amount 9,065”

Description of other expenses Part I line 16

“Description AmountBANK FEES 1,457ADVERTISING AND PROMOTIONAL 712WEBSITE HOSTING 900POSTAGE AND DELIVERY 232DUES & SUBSCRIPTIONS 51”

Raw XML Appendix162 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/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/BOYAmt020542
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015655
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0101170
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4887
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt015655
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0100055
IRS990EZ/GrossReceiptsAmt0101170
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020542
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015655
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020542
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015655
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NAZEK SALAHUDEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FARHA MOHIUDDIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SYED ABID ALI UMAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FAISAL KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ADEEL SHAIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt03352
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE, RELIGIOUS, EDUCATIONAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING 2024 THE ORGANIZATION HELPED DRILL WATER WELLS FOR THE UNDERPRIVILGED IN NIGERIA AND PAKISTAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0100055
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0106057
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0101170
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ALBASIT.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0101170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0152720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0158056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03201
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0415147
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0415147
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0101170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0152720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0158056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03201
IRS990ScheduleA/Total509Grp/TotalAmt0415147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0152720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0158056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0415147
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity WATER WELL DRILLINGS Grantee CUSTOMS HEALTH CARE Street MOON MARKEY BRANCH ALL City, Province, Country, Postal LAHORE, Pakistan 00000Relationship N/A Amount 22,885Activity WATER WELL DRILLINGS Grantee AS-SAMAD FOUNDATION Street 17 SAMURUT City, Province, Country, Postal ZARRIA, Nigeria 00000Relationship NA Amount 68,105Grantee GONULLU GRUP HAYAT YARDIM DERNEGI Street 14-1290968-1 ZIRAAT KATILIM City, Province, Country, Postal GAZIANTEP, Turkey 00000Relationship NA Amount 9,065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBANK FEES 1,457ADVERTISING AND PROMOTIONAL 712WEBSITE HOSTING 900POSTAGE AND DELIVERY 232DUES & SUBSCRIPTIONS 51
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NAZEK SALAHUDEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07138063961
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AL-BASIT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0AL-B
ReturnHeader/Filer/EIN0851754571
ReturnHeader/Filer/InCareOfNm0% NAZEK SALAHUDEEN
ReturnHeader/Filer/PhoneNum07138063961
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2055
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453560198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RELIABLE INCOME TAX SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09950 WESTPARK DR 415
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077063
ReturnHeader/PreparerPersonGrp/PhoneNum07132661751
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALI DAHER EA
ReturnHeader/ReturnTs02025-05-05T00:41:11-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,655
Liabilities
$0
Net assets
$15,655
Revenue
$101,170
Expenses
$106,057
Net income
-$4,887
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