Nonprofit · EIN 20-5677633
LATO FAMILY FOUNDATION INC
Tax-exempt · WAUKESHA, WI 53188
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $47,196 | $73,886 | -$26,690 | $656,105 | $47,000 | $609,105 |
| December 31, 2023 | 990-PF | $12,015 | $85,659 | -$73,644 | $659,320 | $23,525 | $635,795 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $10,296
- Interest
- $8,589
- Net gain from sales of assets
- $28,311
Expenses
- Grants and similar amounts paid
- $65,000
- Disbursements for charitable purposes
- $8,886
- Excise tax on investment income
- $533
Balance sheet and other
- Total assets, start of year
- $659,320
- Total assets, end of year
- $656,105
- Total liabilities, end of year
- $47,000
- Net assets, end of year
- $609,105
- Fair market value of assets
- $836,722
- Qualifying distributions
- $8,886
- Net investment income
- $47,196
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 |
|---|---|---|---|
| JOAN M LATO S27W29293 JENNIE CT, WAUKESHA, WI 53188 | PRES/TREAS | 1 | $0 |
| GARY J LATO S27W29293 JENNIE CT, WAUKESHA, WI 53188 | VP/SECR | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN M LATO S27W29293 JENNIE CT, WAUKESHA, WI 53188 | PRES/TREAS | 1 | $0 |
| GARY J LATO S27W29293 JENNIE CT, WAUKESHA, WI 53188 | VP/SECR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- S27W29293 JENNIE CT, WAUKESHA, WI 53188-9518
- In care of
- % GARY LATO
- Signed the 990-PF
- GARY J LATO, VP
- Phone
- (262) 358-2258
- Return prepared by
- Paul A Petitjean JD CPA
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
- 20-5677633
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $656,105
- Income (IRS master file)
- $274,887
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $47,196 | $73,886 | $656,105 | IRS |
| 990-PF | December 2023 | $12,015 | $85,659 | $659,320 | 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 20-5677633).
Questions about LATO FAMILY FOUNDATION INC
- What is the EIN of LATO FAMILY FOUNDATION INC?
- The employer identification number (EIN) of LATO FAMILY FOUNDATION INC is 20-5677633.
- Is LATO FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to LATO FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LATO FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LATO FAMILY 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 LATO FAMILY 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 LATO FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does LATO FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $47,196, expenses of $73,886 and total assets of $656,105 at year end.
Other nonprofits in WAUKESHA
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- WAUKESHA COUNTY COMMUNITY FOUNDATION INC EIN 39-1969122 · last filed 990 for 2024
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- COMER SCIENCE AND EDUCATION FOUNDATION EIN 36-4244783 · last filed 990-PF for 2024
- GENERAC FOUNDATION INC EIN 88-1928522 · last filed 990-PF for 2025
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All nonprofits in WAUKESHA · Wisconsin · Philanthropy, voluntarism and grantmaking foundations