2018-12-14T19:13:43-06:00 2018-03-31 953309779 GURSEY SCHNEIDER LLP 1888 CENTURY PARK EAST SUITE 900 LOS ANGELES CA 900671735 990 2017-04-01 900406873 OMID FOUNDATION (USA) OMID 2405077031 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 208522906 MARJANEH HALATI DIRECTOR/PRESIDENT 2405077031 2018-12-03 1 NAZ AFSHAR P00441843 3105520960 38.104.231.98 2018-12-03 21:59:27 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 328D8B619264AB986330C1DE4878B49C24000214 2017 2019-02-21 02:37:17Z MARJANEH HALATI 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 20852 1241311 0 X WWW.OMIDFOUNDATION.COM X 2008 CA TO PROMOTE EDUCATION & POVERTY/SUFFERING RELIEF OF DISADVANTAGED YOUNG WOMEN. 7 7 0 0 0 0 822858 1235716 0 0 0 5595 0 0 822858 1241311 550000 740000 0 0 0 0 0 0 138200 214020 183683 764020 923683 58838 317628 229957 544386 3215 16 226742 544370 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 745228 740000 FOR THE YEAR ENDING MARCH 31, 2018, OMID FOUNDATION (USA) PROVIDED $740,000 OF GRANTS TO OMID-E-MEHR FOUNDATION IN IRAN THROUGH OMID FOUNDATION (UK). THE MISSION OF OMID FOUNDATION (UK) IS SIMILAR TO THE MISSION OF OMID FOUNDATION (USA).IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS LICENSE NO. IA-2017-347391-1 WAS GRANTED TO OMID FOUNDATION (USA) BY THE U.S.DEPARTMENT OF THE TREASURY ALLOWING OMID FOUNDATION (USA) TO MAKE FOREIGN GRANTS. AS SUCH, THE OMID FOUNDATION (USA) (THE "LICENSEE") IS AUTHORIZED TO ENGAGE IN TRANSACTIONS RELATED TO THE PROVISION OF HUMANITARIAN ASSISTANCE TO DISADVANTAGED YOUNG IRANIAN AND AFGHANI WOMEN IN IRAN THROUGH THE TRANSFER OF UP TO $1.5 MILLION, PER EACH 12 MONTH PERIOD COVERED BY THIS LICENSE. 745228 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 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 X 7 7 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 SHIFEH VEYSSI DIRECTOR 2.00 X 0 0 0 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 HAMEED FARIDANI SECRETARY/CFO 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1235716 46075 1235716 5595 5595 1241311 0 0 5595 740000 740000 11777 11777 23272 9643 13629 EVENT CHARGES 122337 122337 BANK CHARGE 12803 12803 PROGRAM DEVELOPMENT 5228 5228 MISCELLANEOUS 2071 2071 6195 3961 2234 923683 745228 40255 138200 69957 464386 160000 80000 229957 544386 3215 16 3215 16 X 0 0 0 0 226742 544370 226742 544370 229957 544386 317628 0 X X 0 1 X 0 0 X 387214 689212 691838 793963 1235716 3797943 387214 689212 691838 793963 1235716 3797943 632970 3164973 15 5595 5610 3803553 0.83210 0.89910 X 0 X 1241311 0 1241311 0 1241311 923683 0 923683 0 923683 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, 2018 AND 2017, OMID FOUNDATION HAD NO UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 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 IRAN THROUGH OMID FOUNDATION (UK) AS PER THE TERMS OF LICENSE NO. IA-2017-347391-1 ISSUED BY THE U.S. DEPARTMENT OF THE TREASURY. 740000 0 0 0 0 0 0 740000 0 740000 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 IRAN THROUGH OMID FOUNDATION (UK) AS PER THE TERMS OF LICENSE NO. IA-2017-347391-1 ISSUED BY THE U.S. DEPARTMENT OF THE TREASURY. 740000 CHECKS AND WIRE TRANSFERS 0 FAIR MARKET VALUE 0 0 0 0 0 0 X 15 18325 AUCTION PRICE X 4 1000 AUCTION PRICE X COSMETICS / JEWELERY 85 26750 AUCTION PRICE 0 1 0 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.