Nonprofit · EIN 20-1002355
ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC
Tax-exempt · RED BANK, NJ 07701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $23,402 | $21,648 | $1,754 | $122,329 | $0 | $122,329 |
| December 31, 2024 | 990-PF | $17,051 | $15,503 | $1,548 | $120,575 | $0 | $120,575 |
| December 31, 2023 | 990-PF | $5,790 | $15,917 | -$10,127 | $119,027 | $0 | $119,027 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $648
- Dividends
- $6,204
- Net gain from sales of assets
- $16,550
Expenses
- Grants and similar amounts paid
- $21,000
- Disbursements for charitable purposes
- $21,000
- Excise tax on investment income
- $316
Balance sheet and other
- Total assets, start of year
- $120,575
- Total assets, end of year
- $122,329
- Total liabilities, end of year
- $0
- Net assets, end of year
- $122,329
- Fair market value of assets
- $463,058
- Qualifying distributions
- $21,000
- Net investment income
- $22,754
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 |
|---|---|---|---|
| Cindy Zipf 3424 West Bangs Ave, Neptune, NJ 07753 | President | 0.5 | $0 |
| Chris Kelly 3424 N Ocean Blvd, Gulf Stream, FL 33483 | Treasurer | 0.5 | $0 |
| Charles Komar 496 Navesink Road, Red Bank, NJ 07701 | Secretary | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY ZIPF 3424 WEST BANGS AVE, NEPTUNE, NJ 07753 | PRESIDENT | 0.5 | $0 |
| CHRIS KELLY 10 SYCAMORE LANE, RUMSON, NJ 07760 | TREASURER | 0.5 | $0 |
| CHARLES KOMAR 496 NAVESINK ROAD, RED BANK, NJ 07701 | SECRETARY | 0.5 | $0 |
| JEAN BORUP 37 NAVESINK, RUMSON, NJ 07760 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY ZIPF 3424 WEST BANGS AVE, NEPTUNE, NJ 07753 | PRESIDENT | 0.5 | $0 |
| CHRIS KELLY 10 SYCAMORE LANE, RUMSON, NJ 07760 | TREASURER | 0.5 | $0 |
| CHARLES KOMAR 496 NAVESINK ROAD, RED BANK, NJ 07701 | SECRETARY | 0.5 | $0 |
| JEAN BORUP 37 NAVESINK, RUMSON, NJ 07760 | TRUSTEE | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 496 NAVESINK ROAD, RED BANK, NJ 07701-0000
- In care of
- % CHARLES KOMAR
- Signed the 990-PF
- Charles Komar, Secretary
- Phone
- (212) 725-1500
- Return prepared by
- Forvis Mazars 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
- 20-1002355
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $122,329
- Income (IRS master file)
- $26,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $23,402 | $21,648 | $122,329 | XML |
| 990-PF | December 2024 | $17,051 | $15,503 | $120,575 | IRS |
| 990-PF | December 2023 | $5,790 | $15,917 | $119,027 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 20-1002355).
Questions about ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC
- What is the EIN of ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC is 20-1002355.
- Is ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ZIPF MEMORIAL SCHOLARSHIP 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 ZIPF MEMORIAL SCHOLARSHIP 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 ZIPF MEMORIAL SCHOLARSHIP 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 ZIPF MEMORIAL SCHOLARSHIP FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $23,402, expenses of $21,648 and total assets of $122,329 at year end.
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