2016-10-17T20:34:14-05:00 2016-03-31 953309779 GURSEY SCHNEIDER LLP 1888 CENTURY PARK EAST SUITE 900 LOS ANGELES CA 900671735 990 2015-04-01 900406873 OMID FOUNDATION (USA) OMID 2405077031 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 208522906 MARJANEH HALATI DIRECTOR/PRESIDENT 2405077031 2016-09-09 1 NAZ AFSHAR P00441843 3105520960 2015 2017-02-10 21:41:12Z X MARJANEH HALATI 5817 EDSON LANE UNIT T3 NORTH BETHESDA MD 20852 691838 0 X WWW.OMIDFOUNDATION.COM X 2008 CA TO PROMOTE EDUCATION & POVERTY/SUFFERING RELIEF OF DISADVANTAGED YOUNG WOMEN. 5 5 0 355 0 0 689212 691838 0 0 0 0 0 0 689212 691838 495000 505000 0 0 0 0 0 0 95522 117006 159436 612006 664436 77206 27402 140502 169308 0 1404 140502 167904 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 528870 505000 FOR THE YEAR ENDING MARCH 31, 2016, OMID FOUNDATION (USA) PROVIDED $495,000 OF GRANTS TO OMID-E-MEHR FOUNDATION IN IRAN THROUGH OMID FOUNDATION (UK), AND A GRANT OF $10,000 TO OMID FOUNDATION CANADA. THE MISSION OF OMID FOUNDATION (UK) AND OMID FOUNDATION CANADA ARE SIMILAR TO THE MISSION OF OMID FOUNDATION (USA).A LICENSE TO MAKE FOREIGN GRANTS WAS APPROVED BY THE U.S.DEPARTMENT OF THE TREASURY. 528870 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 2 0 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 SHIFEH VEYSSI DIRECTOR 5.00 X 0 0 0 MARJANEH HALATI DIRECTOR/PRESIDENT/BOARD C 5.00 X X 0 0 0 FARZANEH JAVID DIRECTOR 5.00 X 0 0 0 GOHAR FARAHANI DIRECTOR 5.00 X 0 0 0 SHARI REZAI DIRECTOR 5.00 X 0 0 0 HAMEED FARIDANI SECRETARY/CFO 5.00 X 0 0 0 0 0 0 0 0 0 0 0 691838 17645 691838 691838 0 0 0 505000 505000 16653 16653 14952 2480 12472 3822 3822 1540 1540 EVENT CHARGES 67493 67493 PROGRAM DEVELOPMENT 23870 23870 BANK CHARGE 9317 9317 SUPPLIES 8911 625 8286 12878 10969 1909 664436 528870 40044 95522 140502 169308 140502 169308 1404 0 1404 X 0 0 0 0 140502 167904 140502 167904 140502 169308 27402 0 X X 0 1 X 0 0 X 424201 419324 387214 689212 691838 2611789 424201 419324 387214 689212 691838 2611789 329139 2282650 15 15 2611804 0.87400 0.79290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 707587 15749 15749 691838 0 691838 678853 15749 15749 663104 1332 1332 664436 PART X, LINE 2: THE ASSOCIATION 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, 2016 AND 2015, THE ASSOCIATION HAD NO UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. PART XII, LINE 4B - OTHER ADJUSTMENTS: 481(A)ADJUSTMENT 1,332. 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 E ISSUED BY THE U.S. DEPARTMENT OF THE TREASURY. 495000 NORTH AMERICA 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. 10000 0 0 0 0 0 0 505000 0 505000 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 E ISSUED BY THE U.S. DEPARTMENT OF THE TREASURY. 495000 CHECKS 0 FAIR MARKET VALUE NORTH AMERICA 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. 10000 CHECKS 0 FAIR MARKET VALUE 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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 1: THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD TO ACCRUAL FROM CASH. 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.