Nonprofit · EIN 22-6054882
ATLANTIC FOUNDATION
Tax-exempt · HAMILTON, NJ 08619
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $905,290 | $4,948,051 | -$4,042,761 | $34,046,985 | $308,910 | $33,738,075 |
| December 31, 2023 | 990-PF | $1,738,356 | $20,903,348 | -$19,164,992 | $36,052,188 | $229,807 | $35,822,381 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $479,972
- Interest
- $25,500
- Net rental income
- $8,190
- Net gain from sales of assets
- $391,625
- Other income
- $3
Expenses
- Grants and similar amounts paid
- $3,739,400
- Compensation of officers, directors and key employees
- $45,270
- Salaries, compensation and benefits (total)
- $51,514
- Disbursements for charitable purposes
- $4,216,133
- Excise tax on investment income
- $4,164
Balance sheet and other
- Total assets, start of year
- $36,052,188
- Total assets, end of year
- $34,046,985
- Total liabilities, end of year
- $308,910
- Net assets, end of year
- $33,738,075
- Fair market value of assets
- $32,127,178
- Qualifying distributions
- $4,216,133
- Net investment income
- $897,100
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 |
|---|---|---|---|
| MICHAEL GREENLEAF 14 FAIRGROUNDS ROAD, HAMILTON, NJ 08619 | TREASURER | 25 | $36,720 |
| JOHN S JOHNSON III 14 FAIRGROUNDS ROAD, HAMILTON, NJ 08619 | CEO | 25 | $8,550 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GREENLEAF 14 FAIRGROUNDS ROAD, HAMILTON, NJ 08619 | TREASURER | 25 | $40,800 |
| JOHN S JOHNSON III 14 FAIRGROUNDS ROAD, HAMILTON, NJ 08619 | CEO | 25 | $9,500 |
Address and contacts
- Address (IRS master file)
- 14 FAIRGROUNDS ROAD SUITE A, HAMILTON, NJ 08619-3447
- Signed the 990-PF
- CRAIG INGWER, CHIEF FINANCIAL OFFICER
- Phone
- (609) 689-1040
- Return prepared by
- I&K ACCOUNTING LLC
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
- 22-6054882
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $34,046,985
- Income (IRS master file)
- $28,363,002
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $905,290 | $4,948,051 | $34,046,985 | XML |
| 990-PF | December 2023 | $1,738,356 | $20,903,348 | $36,052,188 | 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 22-6054882).
Questions about ATLANTIC FOUNDATION
- What is the EIN of ATLANTIC FOUNDATION?
- The employer identification number (EIN) of ATLANTIC FOUNDATION is 22-6054882.
- Is ATLANTIC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to ATLANTIC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ATLANTIC FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ATLANTIC 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 ATLANTIC 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 ATLANTIC FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $36,720 (MICHAEL GREENLEAF, TREASURER).
- How much revenue does ATLANTIC FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $905,290, expenses of $4,948,051 and total assets of $34,046,985 at year end.
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