2022-07-08T12:02:14-05:00 2022-03-31 953309779 GURSEY SCHNEIDER LLP 1888 CENTURY PARK E 900 LOS ANGELES CA 90067 990 2021-04-01 900406873 OMID FOUNDATION (USA) OMID 2405077031 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 20852 MARJANEH HALATI DIRECTOR/PRESIDENT 2405077031 2022-07-06 1 MARJANEH HALATI 999009999 NAZ AFSHAR P00441843 3105520960 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MARJANEH HALATI 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 20852 328465 0 X WWW.OMIDFOUNDATION.COM X 2008 CA TO PROMOTE EDUCATION & POVERTY/SUFFERING RELIEF OF DISADVANTAGED YOUNG WOMEN. 5 5 0 0 0 0 276820 328465 0 0 0 0 0 0 276820 328465 300000 79349 0 0 0 0 0 0 9795 184844 246510 484844 325859 -208024 2606 249748 255948 0 3594 249748 252354 ORGANIZATION'S MISSION IS TO PROMOTE EDUCATION, POVERTY RELIEF, DISTRESS, OR SUFFERING BY PROVIDING THERAPY, EDUCATION AND TRAINING FOR DISADVANTAGED YOUNG WOMEN AND CONDUCTING RESEARCH ON THEIR CHALLENGES AND OPPORTUNITIES. 0 0 298298 79349 FOR THE YEAR ENDING MARCH 31, 2022, OMID FOUNDATION (USA) PROVIDED $75,000 OF GRANTS TO OMID FOUNDATION (UK). THE MISSION OF OMID FOUNDATION (UK) IS SIMILAR TO THE MISSION OF OMID FOUNDATION (USA). OMID FOUNDATION (UK) USED THE GRANT FUNDS IT RECEIVED FROM THE FOUNDATION TO FUND PROGRAMS AND ACTIVITIES IN SUPPORT OF MARGINALIZED AND DISADVANTAGED WOMEN IN VARIOUS COUNTRIES. FOR THE YEAR ENDING MARCH 31, 2022, OMID FOUNDATION (USA) PROVIDED $4,349 OF GRANTS TO OMID FOUNDATION (GREECE). THE MISSION OF OMID FOUNDATION (GREECE) IS SIMILAR TO THE MISSION OF OMID FOUNDATION (USA). OMID FOUNDATION (GREECE) USED THE GRANT FUNDS IT RECEIVED FROM THE FOUNDATION TO FUND PROGRAMS AND ACTIVITES IN SUPPORT OF MARGINALIZED AND DISADVANTAGED WOMEN IN VARIOUS COUNTRIES. 298298 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 0 0 0 0 0 0 1 1 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 CA MD X MARJANEH HALATI 2405077031 5817 EDSON LANE UNIT T3 NORTH BETHSEDA MD 20852 X MARJANEH HALATI DIRECTOR/PRESIDENT/BOARD C 5.00 X X 0 0 0 FARZANEH JAVID DIRECTOR 2.00 X 0 0 0 GOHAR FARAHANI DIRECTOR 2.00 X 0 0 0 NEDA AMIDHOZOUR DIRECTOR 2.00 X 0 0 0 ROYA SOLEIMANI DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 328465 328465 328465 0 0 0 79349 79349 20964 1129 13101 6734 1040 1040 PROGRAM DEVELOPMENT 217820 217820 BANK CHARGE 2165 1046 1119 SUPPLIES 2021 2021 EVENT CHARGES 1942 1942 558 558 325859 298298 17766 9795 249748 168952 0 86996 249748 255948 0 3594 0 3594 X 0 0 0 0 249748 252354 249748 252354 249748 255948 2606 0 X X 0 1 X 0 0 X 1235716 698110 440784 276820 328465 2979895 1235716 698110 440784 276820 328465 2979895 1279774 1700121 5595 256 5851 2985746 0.56940 0.63670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 328465 0 328465 0 328465 325859 0 325859 0 325859 PART X, LINE 2: OMID FOUNDATION APPLIES THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC 740"). ASC 740 CLARIFIES THE UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740 REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF AND FOR THE YEARS ENDED MARCH 31, 2022 AND 2021, OMID FOUNDATION HAD NO UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM GRANTS TO QUALIFIED ORGANIZATION LOCATED IN REGION PROMOTING EDUCATION AND THE RELIEF OF POVERTY, DISTRESS, OR SUFFERING BY PROVIDING ASSISTANCE, SUPPORT, EDUCATION AND TRAINING TO, AND CONDUCTING RESEARCH ON THE CHALLENGES FACED BY, AND THE OPPORTUNITIES AVAILABLE TO, DISADVANTAGED YOUNG WOMEN IN VARIOUS COUNTRIES. 79349 0 0 0 0 0 0 79349 0 79349 UNITED KINGDOM PROMOTING EDUCATION AND THE RELIEF OF POVERTY, DISTRESS, OR SUFFERING BY PROVIDING ASSISTANCE, SUPPORT, EDUCATION AND TRAINING TO, AND CONDUCTING RESEARCH ON THE CHALLENGES FACED BY, AND THE OPPORTUNITIES AVAILABLE TO, DISADVANTAGED YOUNG WOMEN IN VARIOUS COUNTRIES. 75000 WIRE TRANSFERS 0 FAIR MARKET VALUE 0 0 0 0 0 0 PART III ACCOUNTING METHOD: FORM 990, PART VI, SECTION B, LINE 11B A CPA FIRM IS HIRED TO PREPARE THE FORM 990 AND THE FORM 990 IS FORWARDED TO THE GOVERNING BODY BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION C, LINE 19 ALL PERTINENT DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST BY INTERESTED PARTIES. FORM 990, PART XII, LINE 2C THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BECAUSE THESE FUNCTIONS ARE PERFORMED BY THE BOARD.