Waterford Foundation

Fresno, CA
Tax exemption issued: Jan. 1997
EIN: 77-0437521

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Human Service Organizations - Multipurpose (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$8,641

Expenses

$641,400

Net Income

-$632,759

Net Assets

$434,308

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$8,641	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$641,400	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$434,308
Total Liabilities	$0
Net Assets	$434,308

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Sept. 1, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2024

Revenue

$2,708,210

Expenses

$4,849,325

Net Income

-$2,141,115

Net Assets

$1,067,066

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$48	0.0%
Dividends	$0
Sales of Assets	$2,070,114	76.4%
Other Income	$638,027	23.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,813,340	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,070,650
Total Liabilities	$3,584
Net Assets	$1,067,066

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Sept. 1, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$78

Expenses

$76,118

Net Income

-$76,040

Net Assets

$3,208,181

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$66	84.6%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,418	29.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,209,181
Total Liabilities	$1,000
Net Assets	$3,208,181

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$999,634

Expenses

$1,061,363

Net Income

-$61,729

Net Assets

$3,284,330

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$22	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$999,612	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,014,280	95.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,284,330
Total Liabilities	$0
Net Assets	$3,284,330

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 12, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$815,620

Expenses

$870,679

Net Income

-$55,059

Net Assets

$3,337,897

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,611	1.9%
Dividends	$0
Sales of Assets	$0
Other Income	$800,009	98.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$817,324	93.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,344,034
Total Liabilities	$6,137
Net Assets	$3,337,897

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Kevin Assemi (Vice President)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$794,104

Expenses

$897,528

Net Income

-$103,424

Net Assets

$3,392,956

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,041	2.6%
Dividends	$0
Sales of Assets	$0
Other Income	$800,028	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$830,077	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,410,166
Total Liabilities	$17,210
Net Assets	$3,392,956

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Kevin Assemi (Vice President)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$801,574

Expenses

$673,492

Net Income

$128,082

Net Assets

$3,496,380

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,424	2.5%
Interest Revenue	$17,782	2.2%
Dividends	$0
Sales of Assets	$163,368	20.4%
Other Income	$600,000	74.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$610,773	90.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,511,079
Total Liabilities	$14,699
Net Assets	$3,496,380

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (President)	$0	$0
Farshid Assemi (Senior Vp)	$0	$0
Farid Assemi (Senior Vp)	$0	$0
Kevin Assemi (Vice President)	$0	$0
Nader Assemi (Vice President)	$0	$0
Neema Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Jason Hollrah (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$698,822

Expenses

$943,392

Net Income

-$244,570

Net Assets

$3,254,914

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$228,697	32.7%
Interest Revenue	$19	0.0%
Dividends	$1	0.0%
Sales of Assets	$0
Other Income	$470,094	67.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$668,500	70.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,249,364
Total Liabilities	$994,450
Net Assets	$3,254,914

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$587,832

Expenses

$769,414

Net Income

-$181,582

Net Assets

$3,351,237

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$238,812	40.6%
Interest Revenue	$1,549	0.3%
Dividends	$11	0.0%
Sales of Assets	$0
Other Income	$376,596	64.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$517,967	67.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,937,892
Total Liabilities	$1,586,655
Net Assets	$3,351,237

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$457,942

Expenses

$961,720

Net Income

-$503,778

Net Assets

$3,512,050

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$102,345	22.3%
Interest Revenue	$597	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$274,900	60.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$746,375	77.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,528,724
Total Liabilities	$4,016,674
Net Assets	$3,512,050

Compensation

Key Employees and Officers	Compensation	Other
Darius Assemi (Ceo)	$0	$0
Farshid Assemi (Vice President)	$0	$0
Farid Assemi (Vice President)	$0	$0
Steven G Rau (Secretary)	$0	$0
Derek W Hayashi (Cfo)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$364,477

Expenses

$1,923,271

Net Income

-$1,558,794

Net Assets

$4,015,828

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,090	13.7%
Interest Revenue	$207	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$299,168	82.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,700,758	88.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,697,980
Total Liabilities	$3,682,152
Net Assets	$4,015,828

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$335,458

Expenses

$2,004,004

Net Income

-$1,668,546

Net Assets

$5,591,981

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$48,090	14.3%
Interest Revenue	$1,988	0.6%
Dividends	$0
Sales of Assets	$0
Other Income	$255,618	76.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,822,958	91.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,708,419
Total Liabilities	$2,116,438
Net Assets	$5,591,981

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 22, 2026

Waterford Foundation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001