Nonprofit · EIN 16-1076804
FOUNDATION OF LIGHT INC
Tax-exempt · ITHACA, NY 14850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $100,822 | $128,335 | -$27,513 | $575,372 | $2,354 | $573,018 |
| June 30, 2024 | 990 | $294,366 | $80,816 | $213,550 | $606,854 | $12,618 | $594,236 |
| June 30, 2023 | 990-EZ | $50,231 | $91,555 | -$41,324 | $379,667 | $0 | $379,667 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $30,299
- Membership dues
- $5,883
- Program service revenue
- $65,446
- Investment income
- $5,605
- Net gain from sales of assets
- $731
- Net income from sales of inventory
- -$528
- Other revenue
- -$528
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $53,662
- Salaries, compensation and benefits (total)
- $60,433
- Professional fundraising fees
- $0
- Occupancy
- $28,528
- Depreciation
- $17,982
- Program services (functional)
- $79,665
- Management and general (functional)
- $48,670
Balance sheet and other
- Total assets, start of year
- $606,854
- Total assets, end of year
- $575,372
- Total liabilities, end of year
- $2,354
- Net assets, end of year
- $573,018
- Land, buildings and equipment
- $449,926
- Publicly traded securities
- $89,325
- Gross unrelated business income
- $6,066
- Gross receipts
- $101,540
- Employees
- 2
- Volunteers
- 44
- Year formed
- 1974
- 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 |
|---|---|---|---|
| IRA KAMP | TREASURER Trustee or director, Officer | 1 | $0 |
| HENRY PETERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARNE O'SHAE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PETER FORTUNATO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| TONY SIMONS | DIRECTOR Trustee or director | 1 | $0 |
| SHARON DICKERSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IRA KAMP | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HENRY PETERSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CYNTHIA HERRICK | TREASURER Trustee or director, Officer | 1 | $0 |
| MARNE O'SHAE | SECRETARY Trustee or director, Officer | 1 | $0 |
| PETER FORTUNATO | DIRECTOR Trustee or director | 1 | $0 |
| TONY SIMONS | DIRECTOR Trustee or director | 1 | $0 |
990-EZ for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER FORTUNATO | BOARD MEMBER | 1 | $0 |
| TONY SIMMONS | BOARD MEMBER | 1 | $0 |
| MARNE O'SHAE | SECRETARY | 1 | $0 |
| HENRY PETERSON | VICE PRESIDENT | 1 | $0 |
| IRA KAMP | PRESIDENT | 3 | $0 |
| CYNTHIA HERRICK | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 391 TURKEY HILL RD, ITHACA, NY 14850-2942
- Principal officer (990 for 2024)
- IRA KAMP, 391 TURKEY HILL RD, ITHACA, NY 14850
- Signed the 990
- IRA KAMP, TREASURER
- Phone
- (607) 319-0245
- Website
- WWW.THEFOUNDATIONOFLIGHT.ORG
- Return prepared by
- SCIARABBA WALKER & CO LLP
Mission
OUR MISSION IS TO BE A VIBRANT, WELCOMING, AND INCLUSIVE SPACE FOR THE COMMUNITY TO GATHER FOR MIND-BODY-SPIRIT HEALING, LEARNING, CREATIVE EXPRESSION, AND TO CELEBRATE LIFE. WE ENVISION DEEP CONNECTIONS FORMING AMONG PARTICIPANTS, WHICH STRENGTHEN ALL OUR HEARTS SO WE CAN BRING MORE COURAGE, WISDOM, COMPASSION, JOY, AND PEACE TO OURSELVES AND TO THE WORLD.
Program accomplishments
- TO PROMOTE SPIRITUAL UNDERSTANDING AND PRACTICE AS FOUND IN ALL THE WORLD'S GREAT RELIGIONS, IN ACCORDANCE WITH DIVINE PURPOSE OF COSMIC LAW.Expenses $79,665 · revenue $58,852
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
- 16-1076804
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $575,372
- Income (IRS master file)
- $101,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $100,822 | $128,335 | $575,372 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $294,366 | $80,816 | $606,854 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990-EZ | June 2023 | $50,231 | $91,555 | $379,667 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990 | June 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 16-1076804).
Questions about FOUNDATION OF LIGHT INC
- What is the EIN of FOUNDATION OF LIGHT INC?
- The employer identification number (EIN) of FOUNDATION OF LIGHT INC is 16-1076804.
- Is FOUNDATION OF LIGHT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to FOUNDATION OF LIGHT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION OF LIGHT 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 FOUNDATION OF LIGHT INC 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 FOUNDATION OF LIGHT INC 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 FOUNDATION OF LIGHT INC?
- The 990 for the year ended June 30, 2025 names IRA KAMP.
- Who are the officers and directors of FOUNDATION OF LIGHT INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION OF LIGHT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $100,822, expenses of $128,335 and total assets of $575,372 at year end.
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