Nonprofit · EIN 20-2890253
KRESA FAMILY FOUNDATION
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,240,641 | $737,480 | $3,503,161 | $14,308,883 | $0 | $14,308,883 |
| December 31, 2023 | 990-PF | $773,601 | $799,057 | -$25,456 | $11,082,525 | $0 | $11,082,525 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,173,860
- Dividends
- $516,061
- Net gain from sales of assets
- $550,720
Expenses
- Grants and similar amounts paid
- $613,200
- Disbursements for charitable purposes
- $655,992
- Excise tax on investment income
- $12,132
Balance sheet and other
- Total assets, start of year
- $11,082,525
- Total assets, end of year
- $14,308,883
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,308,883
- Fair market value of assets
- $15,865,826
- Qualifying distributions
- $655,992
- Net investment income
- $940,044
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENT KRESA 10431 BELLAGIO RD, LOS ANGELES, CA 90077 | PRESIDENT | 1 | $0 |
| DR KIREN KRESA-REAHL MD 2291 SOLANO DR, CAMARILLO, CA 93012 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENT KRESA 10431 BELLAGIO RD, LOS ANGELES, CA 90077 | PRESIDENT | 1 | $0 |
| DR KIREN KRESA-REAHL MD 2291 SOLANO DR, CAMARILLO, CA 93012 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1532, PENNINGTON, NJ 08534-0691
- In care of
- % KIREN KRESA-REAHL
- Signed the 990-PF
- KIREN KRESA-REAHL MD, TRUSTEE
- Phone
- (888) 866-3275
- Return prepared by
- BANK OF AMERICA
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 | Not 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
- 20-2890253
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $14,308,883
- Income (IRS master file)
- $8,650,179
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,240,641 | $737,480 | $14,308,883 | XML |
| 990-PF | December 2023 | $773,601 | $799,057 | $11,082,525 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 20-2890253).
Questions about KRESA FAMILY FOUNDATION
- What is the EIN of KRESA FAMILY FOUNDATION?
- The employer identification number (EIN) of KRESA FAMILY FOUNDATION is 20-2890253.
- Is KRESA FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to KRESA FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KRESA FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KRESA FAMILY FOUNDATION 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 KRESA FAMILY FOUNDATION 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 KRESA FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does KRESA FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,240,641, expenses of $737,480 and total assets of $14,308,883 at year end.
Other nonprofits in PENNINGTON
- ROY C HUMRIGHOUSE CHARITABLE TRUST EIN 46-3530682 · last filed 990-PF for 2025
- FOUREVERGREEN FOUNDATION INC EIN 82-3184119 · last filed 990-PF for 2025
- SHARON MATES FAMILY FOUNDATION EIN 33-4167852 · last filed 990-PF for 2025
- CIGNA BENEFIT PLANS TRUST C/O CONNECTICUT NATIONAL BANK EIN 22-2483338 · last filed 990 for 2024
- THE PENNINGTON SCHOOL EIN 21-0635004 · last filed 990 for 2025
- DELAWARE ATLANTIS FOUNDATION EIN 27-6372427 · last filed 990-PF for 2025
- O HAGAN FAMILY FOUNDATION EIN 20-4074178 · last filed 990-PF for 2025
- ERIC AND SIMONE LANG FOUNDATION EIN 30-6601935 · last filed 990-PF for 2025