Nonprofit · EIN 20-5824829
ZIPS GIFT INC
Tax-exempt · LUDLOW, PA 16333
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $234,733 | $134,558 | $100,175 | $6,650,768 | $15,086 | $6,635,682 |
| December 31, 2024 | 990-PF | -$238,101 | $119,442 | -$357,543 | $6,536,209 | $702 | $6,535,507 |
| December 31, 2023 | 990-PF | $28,983 | $103,610 | -$74,627 | $6,896,151 | $3,101 | $6,893,050 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Interest
- $87,124
- Net gain from sales of assets
- $146,610
- Other income
- $999
Expenses
- Grants and similar amounts paid
- $1,020
- Compensation of officers, directors and key employees
- $66,000
- Disbursements for charitable purposes
- $64,886
- Excise tax on investment income
- $3,249
Balance sheet and other
- Total assets, start of year
- $6,536,209
- Total assets, end of year
- $6,650,768
- Total liabilities, end of year
- $15,086
- Net assets, end of year
- $6,635,682
- Fair market value of assets
- $6,650,768
- Qualifying distributions
- $64,886
- Net investment income
- $233,734
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 |
|---|---|---|---|
| JAMES HAUGH 557 GIBBS HILL ROAD, LUDLOW, PA 16333 | DIRECTOR | 10 | $66,000 |
| CLAUDIA BONACCI 1066 HOOVER ROAD, SMICKSBURG, PA 16256 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES HAUGH 557 GIBBS HILL ROAD, LUDLOW, PA 16333 | DIRECTOR | 10 | $57,000 |
| CLAUDIA BONACCI 1066 HOOVER ROAD, SMICKSBURG, PA 16256 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES HAUGH 557 GIBBS HILL ROAD, LUDLOW, PA 16333 | DIRECTOR | 10 | $50,000 |
| CLAUDIA BONACCI 1066 HOOVER ROAD, SMICKSBURG, PA 16256 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 39, LUDLOW, PA 16333-0039
- In care of
- % DAVID L BONACCI
- Signed the 990-PF
- CLAUDIA BONACCI, PRESIDENT
- Phone
- (814) 945-2001
- Return prepared by
- MCGILL POWER BELL & ASSOC 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
- 20-5824829
- 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 (T990)
- Assets (IRS master file)
- $6,650,768
- Income (IRS master file)
- $930,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $28,983 | $103,610 | $6,896,151 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ZIPS GIFT INC
- What is the EIN of ZIPS GIFT INC?
- The employer identification number (EIN) of ZIPS GIFT INC is 20-5824829.
- Is ZIPS GIFT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to ZIPS GIFT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ZIPS GIFT INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ZIPS GIFT 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 ZIPS GIFT 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 ZIPS GIFT INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $66,000 (JAMES HAUGH, DIRECTOR).
- How much revenue does ZIPS GIFT INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $234,733, expenses of $134,558 and total assets of $6,650,768 at year end.
Other nonprofits in LUDLOW
- HEARTS DOING SERVICE INC EIN 33-3938206 · last filed 990-N for 2025
- OLMSTEAD MANOR EIN 25-1673723 · last filed 990 for 2025
- LUDLOW COMMUNITY ASSOCIATION EIN 25-0981826 · last filed 990-N for 2025
- LUDLOW VOL FIRE DEPT EIN 25-1486098 · last filed 990-N for 2025
All nonprofits in LUDLOW · Pennsylvania · Philanthropy, voluntarism and grantmaking foundations