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Nonprofit · EIN 20-2034603

KAMALESON FOUNDATION INC

Tax-exempt · SAVANNAH, GA 31410

Financials

$17K$31K2023$85K$16K2024
Revenue Expenses · by fiscal year end
Financials of KAMALESON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$85,091$15,877$69,214$385,967$0$385,967
December 31, 2023990-PF$17,156$30,524-$13,368$314,856$0$314,856
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,000
Dividends
$10,288
Net gain from sales of assets
$24,803

Expenses

Grants and similar amounts paid
$10,000
Excise tax on investment income
$345

Balance sheet and other

Total assets, start of year
$314,856
Total assets, end of year
$385,967
Total liabilities, end of year
$0
Net assets, end of year
$385,967
Fair market value of assets
$604,725
Net investment income
$24,803

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK KAMALESON MD
816 WILMINGTON ISLAND RD, SAVANNAH, GA 31410
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
MARK KAMALESON MD
816 WILMINGTON ISLAND RD, SAVANNAH, GA 31410
DIRECTOR0$0

Address and contacts

Address (IRS master file)
816 WILMINGTON ISLAND RD, SAVANNAH, GA 31410-4503
In care of
% MARK KAMALESON MD
Signed the 990-PF
MARK KAMALESON MD, DIRECTOR
Phone
(912) 644-5300
Return prepared by
COASTAL CONSULTING MANAGEMENT GROUP

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2034603
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
2006
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$385,967
Income (IRS master file)
$131,614

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$85,091$15,877$385,967XML
990-PFDecember 2023$17,156$30,524$314,856XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 20-2034603).

Questions about KAMALESON FOUNDATION INC

What is the EIN of KAMALESON FOUNDATION INC?
The employer identification number (EIN) of KAMALESON FOUNDATION INC is 20-2034603.
Is KAMALESON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to KAMALESON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KAMALESON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KAMALESON FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KAMALESON FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KAMALESON FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does KAMALESON FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $85,091, expenses of $15,877 and total assets of $385,967 at year end.

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