Farashgard Foundation INC

Tax-deductible

Hudson, WI501(c)(3)Human ServicesEIN 84-3228330

To support and promote the iranian peoples fundamental rights to liberty and pursuit of democracy. We strive to support people of iran's struggle for democracy through projects and initiatives that enable iranian people to better connect with the free world.

501(c)(3) charity; gifts are tax-deductible.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $14K a year · 5% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
990-PF Pt I · 2 filings
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $180K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$758K
×60 of total assets
Concern: liabilities are 6000% of assets; over 80%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6K
-39% vs prior year
Spent
$149K
Net assets
−$745K
By yearFY2021–FY2024
Revenue
$6K
FY2024▼ -39%
Revenue by fiscal year
FY2021Not on file
FY2022$584K
FY2023$10K
FY2024$6K
Expenses
$149K
FY2024▼ -64%
Expenses by fiscal year
FY2021Not on file
FY2022$412K
FY2023Not on file
FY2024$149K
Net assets
−$745K
FY2024▼ -24%
Net assets by fiscal year
FY2021−$255K
FY2022−$84K
FY2023−$603K
FY2024−$745K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $149K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
See Farashgard Foundation INC executive salaries →

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Programs and updates

Promotes Iranian people's fundamental rights and democracy through initiatives connecting them with the free world.

Provided by the organization

This section is blank until Farashgard Foundation INC claims this page.

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1 program service account for $376K of program spending, described in the organization's own filed words · FY2022.
01

To support and promote the iranian peoples fundamental rights to liberty and pursuit of democracy. We strive to support people of iran's struggle for democracy through projects and initiatives that enable iranian people to better connect with the free world.

$376Kprogram expense

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By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$6K
Gifts and grants$6K
Money out
$149K
Running costs$149K
Owns and owes
−$745K
net assets
Cash and savings$3
Total assets$13K
Liabilities$758K
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$6K
Total revenue$6K
Assets in detailEnd of year
Cash and savings together$3
Total assets$13K
Liabilities$758K
Net assets−$745K
Operations
Employees0
Volunteers3
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6K$149K−$143K−$745K 990 PDF
FY2023 $10K−$603K 990 PDF
FY2022 $584K$412K$171K−$84K 990 PDF
FY2021 −$255K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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