Nonprofit · EIN 13-3949429
CYGNET FOUNDATION INC
Tax-exempt · NEW YORK, NY 10018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $49,074 | $49,650 | -$576 | $344,076 | $29,962 | $314,114 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $6,752
- Net gain from sales of assets
- $42,322
Expenses
- Grants and similar amounts paid
- $44,060
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $44,160
- Excise tax on investment income
- $616
Balance sheet and other
- Total assets, start of year
- $344,652
- Total assets, end of year
- $344,076
- Total liabilities, end of year
- $29,962
- Net assets, end of year
- $314,114
- Fair market value of assets
- $549,931
- Qualifying distributions
- $44,160
- Net investment income
- $49,074
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 |
|---|---|---|---|
| RALPH GIBSON 68 WEST WATER STREET, UNIT 2, SAG HARBOR, NY 11963 | SECRETARY/TREASURER | 5 | $0 |
| KIMBERLY QUINN 1114 VINTNER BLVD, PALM BEACH GARDENS, FL 33410 | VICE PRESIDENT | 5 | $0 |
| RAYMOND WILLIAM MERRITT 61 HOBART AVENUE, SUMMIT, NJ 07901 | PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- FULVIO ASSOC5W 37TH ST 4TH FL, NEW YORK, NY 10018-0000
- In care of
- % RAYMOND C MERRITT
- Signed the 990-PF
- KIMBERLY QUINN, VICE PRESIDENT
- Phone
- (212) 728-8000
- Return prepared by
- FULVIO & ASSOCIATES LLP
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
- 13-3949429
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $344,076
- Income (IRS master file)
- $202,082
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,531 | $21,237 | $329,978 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CYGNET FOUNDATION INC
- What is the EIN of CYGNET FOUNDATION INC?
- The employer identification number (EIN) of CYGNET FOUNDATION INC is 13-3949429.
- Is CYGNET FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CYGNET FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CYGNET FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CYGNET 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 CYGNET 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 CYGNET FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CYGNET FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $49,074, expenses of $49,650 and total assets of $344,076 at year end.
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