Nonprofit · EIN 04-6056133
FUSARO CHARITABLE FOUNDATION INC
Tax-exempt · WORCESTER, MA 01609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $130,047 | $69,446 | $60,601 | $1,115,023 | $0 | $1,115,023 |
| December 31, 2024 | 990-PF | $100,859 | $111,736 | -$10,877 | $1,054,422 | $0 | $1,054,422 |
| December 31, 2023 | 990-PF | $59,567 | $42,879 | $16,688 | $1,065,299 | $0 | $1,065,299 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $34,575
- Interest
- $2,548
- Net gain from sales of assets
- $92,924
Expenses
- Grants and similar amounts paid
- $42,500
- Compensation of officers, directors and key employees
- $20,000
- Disbursements for charitable purposes
- $67,424
- Excise tax on investment income
- $1,780
Balance sheet and other
- Total assets, start of year
- $1,054,422
- Total assets, end of year
- $1,115,023
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,115,023
- Fair market value of assets
- $1,347,018
- Qualifying distributions
- $67,424
- Net investment income
- $130,047
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ALTOMARE 71 ELM STREET, WORCESTER, MA 01609 | TREAS/CLERK/ | 0 | $10,000 |
| THOMAS ALTOMARE 17 LAMPLIGHTER DRIVE, SHREWSBURY, MA 01545 | PRES/DIRECTO | 0 | $10,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ALTOMARE 71 ELM STREET, WORCESTER, MA 01609 | TREAS/CLERK/ | 0 | $10,000 |
| THOMAS ALTOMARE 17 LAMPLIGHTER DRIVE, SHREWSBURY, MA 01545 | PRES/DIRECTO | 0 | $10,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ALTOMARE 71 ELM STREET, WORCESTER, MA 01609 | TREAS/CLERK/ | 0 | $10,000 |
| THOMAS ALTOMARE 17 LAMPLIGHTER DRIVE, SHREWSBURY, MA 01545 | PRES/DIRECTO | 0 | $10,000 |
Address and contacts
- Address (IRS master file)
- 71 ELM STREET, WORCESTER, MA 01609-2353
- Signed the 990-PF
- JOHN ALTOMARE, TREAS/CLERK/DIR
- Phone
- (508) 798-3771
- Return prepared by
- JOEL B SHAW CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 04-6056133
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1957
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,115,023
- Income (IRS master file)
- $416,433
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $130,047 | $69,446 | $1,115,023 | IRS |
| 990-PF | December 2024 | $100,859 | $111,736 | $1,054,422 | IRS |
| 990-PF | December 2023 | $59,567 | $42,879 | $1,065,299 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 04-6056133).
Questions about FUSARO CHARITABLE FOUNDATION INC
- What is the EIN of FUSARO CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of FUSARO CHARITABLE FOUNDATION INC is 04-6056133.
- Is FUSARO CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to FUSARO CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FUSARO CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FUSARO CHARITABLE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUSARO CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of FUSARO CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $10,000 (JOHN ALTOMARE, TREAS/CLERK/).
- How much revenue does FUSARO CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $130,047, expenses of $69,446 and total assets of $1,115,023 at year end.
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