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Nonprofit · EIN 04-3720418

DAVIS MEMORIAL FUND INC

Also known as PARNASSA INITIATIVE

Tax-exempt · LAWRENCE, NY 11559

Financials

$12.7M$11.7M2023$13.3M$13.3M2024
Revenue Expenses · by fiscal year end
Financials of DAVIS MEMORIAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,320,171$13,295,565$24,606$4,475,994$1,048,441$3,427,553
December 31, 2023990$12,698,733$11,747,202$951,531$4,552,248$1,149,301$3,402,947
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,265,222
Program service revenue
$0
Investment income
$3,558
Net rental income
$51,391
Net gain from sales of assets
-$115
Other revenue
$51,391

Expenses

Grants and similar amounts paid
$12,678,835
Other salaries and wages
$149,250
Salaries, compensation and benefits (total)
$161,455
Professional fundraising fees
$57,213
Accounting fees
$11,000
Occupancy
$119,480
Depreciation
$57,928
Program services (functional)
$12,842,087
Management and general (functional)
$351,580
Fundraising (functional)
$101,898

Balance sheet and other

Total assets, start of year
$4,552,248
Total assets, end of year
$4,475,994
Total liabilities, end of year
$1,048,441
Net assets, end of year
$3,427,553
Land, buildings and equipment
$2,268,271
Gross receipts
$13,450,462
Employees
3
Volunteers
16
Year formed
2002
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID GREENBLATTPRESIDENT
Trustee or director, Officer
1$0
DEBBIE GREENBLATTVICE PRESIDENT
Trustee or director, Officer
1$0
DR DEBORAH DIENSTAGSECRETARY
Trustee or director, Officer
0.25$0
RABBI YAAKOV REISMANTRUSTEE
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DAVID GREENBLATTPRESIDENT
Trustee or director, Officer
1$0
DEBBIE GREENBLATTVICE PRESIDENT
Trustee or director, Officer
1$0
DR DEBORAH DIENSTAGSECRETARY
Trustee or director, Officer
0.25$0
RABBI YAAKOV REISMANTRUSTEE
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
25 LAWRENCE AVE, LAWRENCE, NY 11559-1446
Principal officer (990 for 2024)
DAVID GREENBLATT, 25 LAWRENCE AVENUE, LAWRENCE, NY 11559
Signed the 990
DAVID GREENBLATT, PRESIDENT
Phone
(516) 295-0296
Return prepared by
GOLDBURD & CO LLP

Mission

TO SUPPORT CHARITABLE ACTIVITIES THROUGH FINANCIAL ASSISTANCE TO NEEDY FAMILIES AND DISADVANTAGED CHILDREN

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED DIRECT CASH ASSISTANCE TO NEEDY AS WELL AS DISCOUNT CERTIFICATES TO HELP WITH FOOD, CLOTHING, AND SHELTER COSTS AND PROVIDED ASSISTANCE TO PROVIDE SPECIAL EDUCATION FOR CHILDREN OF SINGLE PARENT FAMILIES
    Expenses $12,842,087 · grants $12,678,835 · revenue $13,265,222

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3720418
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$4,475,994
Income (IRS master file)
$13,450,462

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,320,171$13,295,565$4,475,994IRS
990December 2023$12,698,733$11,747,202$4,552,248IRS
990December 2022$9,164,115$9,812,803$3,600,897IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3720418).

Questions about DAVIS MEMORIAL FUND INC

What is the EIN of DAVIS MEMORIAL FUND INC?
The employer identification number (EIN) of DAVIS MEMORIAL FUND INC is 04-3720418.
Is DAVIS MEMORIAL FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to DAVIS MEMORIAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAVIS MEMORIAL FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DAVIS MEMORIAL FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAVIS MEMORIAL FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DAVIS MEMORIAL FUND INC?
The 990 for the year ended December 31, 2024 names DAVID GREENBLATT.
Who are the officers and directors of DAVIS MEMORIAL FUND INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does DAVIS MEMORIAL FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,320,171, expenses of $13,295,565 and total assets of $4,475,994 at year end.

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