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Nonprofit · EIN 20-6647122

BRUMM-PATEL CHARITABLE TRUST

Also known as BRUMM NICHOLAS D S TTEE

Tax-exempt · NEW YORK, NY 10010

Financials

$160K$119K2023$640K$143K2024
Revenue Expenses · by fiscal year end
Financials of BRUMM-PATEL CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$639,712$143,252$496,460$781,664$20,000$761,664
December 31, 2023990-PF$160,060$119,250$40,810$278,878$0$278,878
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$18,169
Interest
$513
Net gain from sales of assets
$607,356
Other income
$13,674

Expenses

Grants and similar amounts paid
$140,980
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$140,980
Excise tax on investment income
$8,892

Balance sheet and other

Total assets, start of year
$278,878
Total assets, end of year
$781,664
Total liabilities, end of year
$20,000
Net assets, end of year
$761,664
Fair market value of assets
$1,782,552
Qualifying distributions
$140,980
Net investment income
$639,712

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
NICHOLAS D S BRUMM
1 LEXINGTON AVENUE APT 7A, NEW YORK, NY 10010
TRUSTEE0$0
SHYAMA PATEL
1 LEXINGTON AVENUE APT 7A, NEW YORK, NY 10010
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
NICHOLAS D S BRUMM
1 LEXINGTON AVENUE APT 7A, NEW YORK, NY 10010
TRUSTEE0$0
SHYAMA PATEL
1 LEXINGTON AVENUE APT 7A, NEW YORK, NY 10010
TRUSTEE0$0

Address and contacts

Address (IRS master file)
1 LEXINGTON AVE APT 7A, NEW YORK, NY 10010-5539
In care of
% NICHOLAS D S BRUMM
Signed the 990-PF
NICHOLAS D S BRUMM, TRUSTEE
Phone
(212) 705-8868
Return prepared by
CORNICK GARBER & SANDLER 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 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
20-6647122
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)
Education (B82)
Assets (IRS master file)
$781,664
Income (IRS master file)
$691,304

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$639,712$143,252$781,664XML
990-PFDecember 2023$160,060$119,250$278,878XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 20-6647122).

Questions about BRUMM-PATEL CHARITABLE TRUST

What is the EIN of BRUMM-PATEL CHARITABLE TRUST?
The employer identification number (EIN) of BRUMM-PATEL CHARITABLE TRUST is 20-6647122.
Is BRUMM-PATEL CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to BRUMM-PATEL CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BRUMM-PATEL CHARITABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of BRUMM-PATEL CHARITABLE TRUST 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 BRUMM-PATEL CHARITABLE TRUST 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 BRUMM-PATEL CHARITABLE TRUST?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does BRUMM-PATEL CHARITABLE TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $639,712, expenses of $143,252 and total assets of $781,664 at year end.

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