Nonprofit · EIN 11-2644089
LA GUARDIA EDUCATION FUND INCORPORATED
Tax-exempt · LONG IS CITY, NY 11101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $130,602 | $245,252 | -$114,650 | $1,819,358 | $6,056 | $1,813,302 |
| June 30, 2024 | 990 | $226,241 | $213,527 | $12,714 | $1,859,760 | $5,399 | $1,854,361 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,637
- Program service revenue
- $75,563
- Investment income
- $52,402
- Net gain from sales of assets
- $26,034
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $800
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,000
- Accounting fees
- $11,950
- Program services (functional)
- $218,397
- Management and general (functional)
- $26,855
Balance sheet and other
- Total assets, start of year
- $1,859,760
- Total assets, end of year
- $1,819,358
- Total liabilities, end of year
- $6,056
- Net assets, end of year
- $1,813,302
- Net assets without donor restrictions
- $1,261,357
- Net assets with donor restrictions
- $551,945
- Gross receipts
- $130,602
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1983
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BILLIE GASTIC | DIRECTOR Trustee or director, Officer | 1 | $0 | $246,440 |
| SHAHIR ERFAN | DIRECTOR Trustee or director, Officer | 1 | $0 | $205,372 |
| JAY GOLAN | DIRECTOR Trustee or director, Officer | 1 | $0 | $197,332 |
| NANCY PALMA | TREASURER Trustee or director, Officer | 1 | $0 | $137,766 |
| JOHN JARA | MEMBER Trustee or director | 1 | $0 | $0 |
| CHIMEDOLKAR SHERPA | MEMBER Trustee or director | 1 | $0 | $0 |
| JACLYN VALANE | MEMBER Trustee or director | 1 | $0 | $0 |
| KENNETH ADAMS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM TRAMONTOZZI | MEMBER Trustee or director | 1 | $0 | $0 |
| JOANE PUTRICIA | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BILLIE GASTIC | DIRECTOR Trustee or director, Officer | 1 | $0 | $219,267 |
| SHAHIR ERFAN | DIRECTOR Trustee or director, Officer | 1 | $0 | $183,452 |
| JAY GOLAN | DIRECTOR Trustee or director, Officer | 1 | $0 | $176,194 |
| NANCY PALMA | TREASURER Trustee or director, Officer | 1 | $0 | $133,082 |
| JOHN FLETCHER | MEMBER Trustee or director | 1 | $0 | $0 |
| CAROLINA LENES ARREOLA | MEMBER Trustee or director | 1 | $0 | $0 |
| JACLYN VALANE | MEMBER Trustee or director | 1 | $0 | $0 |
| KENNETH ADAMS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM TRAMONTOZZI | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3110 THOMSON AVE, LONG IS CITY, NY 11101-3007
- Principal officer (990 for 2024)
- NANCY PALMA, 31-10 THOMPSON AVENUE, LONG ISLAND CITY, NY 11101
- Signed the 990
- NANCY PALMA, TREASURER
- Phone
- (718) 428-5514
- Return prepared by
- TODRES & COMPANY LLP
Mission
THE LAGUARDIA EDUCATION FUND, INC. WAS ORGANIZED TO ADMINISTER PRIVATE FOUNDATION GRANTS AND CONTRIBUTIONS FOR THE BENEFIT OF THE STUDENTS OF LAGUARDIA COMMUNITY COLLEGE. THE EDUCATION FUND ORGANIZES AND MANAGES VARIOUS PROGRAMS DESIGNED TO SUPPLEMENT THE COLLEGE COURSES.
Program accomplishments
- LAGUARDIA EDUCATION FUND, INC. SUPPORTS LAGUARDIA COMMUNITY COLLEGE IN THE PURSUIT OF EDUCATION EXCELLENCE AND QUALITY SERVICE TO ITS STUDENT COMMUNITY THROUGH THE IMPLEMENTATION OF VARIOUS EDUCATIONAL PROGRAMS.Expenses $218,397 · grants $800 · revenue $75,563
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-2644089
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41I)
- Assets (IRS master file)
- $1,819,358
- Income (IRS master file)
- $130,602
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $130,602 | $245,252 | $1,819,358 | XML |
| 990 | June 2024 | $226,241 | $213,527 | $1,859,760 | XML |
| 990 | June 2023 | $349,160 | $218,445 | $1,802,318 | IRS |
| 990 | June 2022 | $265,929 | $527,032 | $1,632,483 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 11-2644089).
Questions about LA GUARDIA EDUCATION FUND INCORPORATED
- What is the EIN of LA GUARDIA EDUCATION FUND INCORPORATED?
- The employer identification number (EIN) of LA GUARDIA EDUCATION FUND INCORPORATED is 11-2644089.
- Is LA GUARDIA EDUCATION FUND INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to LA GUARDIA EDUCATION FUND INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LA GUARDIA EDUCATION FUND INCORPORATED 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 LA GUARDIA EDUCATION FUND INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LA GUARDIA EDUCATION FUND INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LA GUARDIA EDUCATION FUND INCORPORATED?
- The 990 for the year ended June 30, 2025 names NANCY PALMA.
- Who are the officers and directors of LA GUARDIA EDUCATION FUND INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LA GUARDIA EDUCATION FUND INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $130,602, expenses of $245,252 and total assets of $1,819,358 at year end.
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