Nonprofit · EIN 23-2513824
US PRESIDENTIAL SCHOLARS FOUNDATION
Tax-exempt · NEEDHAM, MA 02494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $37,422 | $32,932 | $4,490 | $46,779 | $0 | $46,779 |
| December 31, 2024 | 990 | $206,776 | $266,216 | -$59,440 | $42,289 | $0 | $42,289 |
| December 31, 2023 | 990-EZ | $88,547 | $93,686 | -$5,139 | $101,729 | – | $101,729 |
| December 31, 2022 | 990-EZ | $90,182 | $75,934 | $14,248 | $106,868 | – | $106,868 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $37,422
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $18,000
- Salaries, compensation and benefits (total)
- $18,000
- Professional fundraising fees
- $2,459
- Accounting fees
- $7,826
- Travel
- $2,192
- Program services (functional)
- $24,318
- Management and general (functional)
- $5,145
- Fundraising (functional)
- $3,469
Balance sheet and other
- Total assets, start of year
- $42,289
- Total assets, end of year
- $46,779
- Total liabilities, end of year
- $0
- Net assets, end of year
- $46,779
- Gross receipts
- $37,422
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2017
- State of legal domicile
- MA
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zackery Love | Treasurer Officer | 5 | $10,500 |
| Thomas West | Prior Interim ED Key employee | 5 | $7,500 |
| Anand Parekh | Chair Officer | 1 | $0 |
| John A Knox | Vice Chair Officer | 1 | $0 |
| Thomas G Tsao | Director Trustee or director | 1 | $0 |
| Clive Change | Director Trustee or director | 1 | $0 |
| Michael Weiss | Director Trustee or director | 1 | $0 |
| Nina Srivastava | Director Trustee or director | 1 | $0 |
| Teresa Powell | Director Trustee or director | 1 | $0 |
| Sabrina Guo | Director Trustee or director | 1 | $0 |
| Pam Chang | Director Trustee or director | 1 | $0 |
| Evan Chuck | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Soledad | Prior Exec Director Former | 5 | $31,500 |
| Thomas West | Interim Exec Director Key employee | 5 | $7,520 |
| Zackery Love | Director Trustee or director | 5 | $3,000 |
| Anand Parekh | Chair Officer | 1 | $0 |
| John A Knox | Vice Chair Officer | 1 | $0 |
| Michael Weiss | Treasurer Officer | 1 | $0 |
| Angela Zimman | Secretary Officer | 1 | $0 |
| Thomas G Tsao | Director Trustee or director | 1 | $0 |
| Clive Change | Director Trustee or director | 1 | $0 |
| Martha Bergmark | Director Trustee or director | 1 | $0 |
| Nina Srivastava | Director Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Solodad-Valenzuela | Executive Director | 20 | $42,000 |
| Thomas G Tsao | Chair | 1 | $0 |
| John A Knox | Vice Chair | 1 | $0 |
| Anand Parekh | Treasurer | 1 | $0 |
| Michael Weiss | Director | 1 | $0 |
| Rebekah Lanae Lengel | Director | 1 | $0 |
| Martha Bergmark | Director | 1 | $0 |
| Angela Zimmann | Secretary | 1 | $0 |
| Rachel Moore | Director | 1 | $0 |
| Thomas West | Director | 1 | $0 |
990-EZ for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Gorin | Interim Ex Dir | 20 | $21,000 |
| Scott Solodad-Valenzuela | Executive Director | 20 | $20,500 |
| Thomas G Tsao | Chair | 1 | $0 |
| John A Knox | Vice Chair | 1 | $0 |
| Anand Parekh | Treasurer | 1 | $0 |
| Michael Weiss | Director | 1 | $0 |
| Martha Bergmark | Director | 1 | $0 |
| Angela Zimmann | Director | 1 | $0 |
| Rachel Moore | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 163 HIGHLAND AVE, NEEDHAM, MA 02494-3025
- Principal officer (990 for 2025)
- Zackery Love, 244 19th Ct S 1115, Arlington, VA 22202
- Signed the 990
- Zackery Love, Treasurer
- Phone
- (401) 426-5350
- Return prepared by
- Elliott Advisory Services LLC
Mission
Cultivate, connect and celebrate US Presidential scholars, past, present and future.
Program accomplishments
- Advancing Scholars Education and Career OpportunitiesExpenses $24,318 · revenue $37,422
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-2513824
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $46,779
- Income (IRS master file)
- $37,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $37,422 | $32,932 | $46,779 | XML |
| 990 | December 2024 | $206,776 | $266,216 | $42,289 | XML |
| 990-EZ | December 2023 | $88,547 | $93,686 | $101,729 | XML |
| 990-EZ | December 2022 | $90,182 | $75,934 | $106,868 | XML |
| 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 23-2513824).
Questions about US PRESIDENTIAL SCHOLARS FOUNDATION
- What is the EIN of US PRESIDENTIAL SCHOLARS FOUNDATION?
- The employer identification number (EIN) of US PRESIDENTIAL SCHOLARS FOUNDATION is 23-2513824.
- Is US PRESIDENTIAL SCHOLARS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to US PRESIDENTIAL SCHOLARS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does US PRESIDENTIAL SCHOLARS FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of US PRESIDENTIAL SCHOLARS FOUNDATION 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 US PRESIDENTIAL SCHOLARS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of US PRESIDENTIAL SCHOLARS FOUNDATION?
- The 990 for the year ended December 31, 2025 names Zackery Love.
- Who are the officers and directors of US PRESIDENTIAL SCHOLARS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $10,500 (Zackery Love, Treasurer).
- How much revenue does US PRESIDENTIAL SCHOLARS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $37,422, expenses of $32,932 and total assets of $46,779 at year end.
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