Nonprofit · EIN 23-7010710
SAM GOROVOY FOUNDATION INC
Tax-exempt · SOUTH AMBOY, NJ 08879
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $8,666 | $72,925 | -$64,259 | $314,112 | $0 | $314,112 |
| June 30, 2024 | 990-PF | $18,959 | $73,175 | -$54,216 | $415,465 | $0 | $415,465 |
| June 30, 2023 | 990-PF | $8,102 | $54,237 | -$46,135 | $433,754 | $0 | $433,754 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $8,666
Expenses
- Grants and similar amounts paid
- $45,000
- Compensation of officers, directors and key employees
- $20,000
- Disbursements for charitable purposes
- $47,793
Balance sheet and other
- Total assets, start of year
- $415,465
- Total assets, end of year
- $314,112
- Total liabilities, end of year
- $0
- Net assets, end of year
- $314,112
- Fair market value of assets
- $293,201
- Qualifying distributions
- $47,793
- Net investment income
- $8,666
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GOROVOY 13733 BRYNWOOD LANE, FORT MYERS, FL 33912 | PRESIDENT | 1 | $10,000 |
| JERRY GOROVOY 12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003 | VICE PRESIDENT | 1 | $10,000 |
990-PF for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GOROVOY 13733 BRYNWOOD LANE, FORT MYERS, FL 33912 | PRESIDENT | 1 | $10,000 |
| JERRY GOROVOY 12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003 | VICE PRESIDENT | 1 | $10,000 |
990-PF for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GOROVOY 13733 BRYNWOOD LANE, FORT MYERS, FL 33912 | PRESIDENT | 1 | $4,000 |
| JERRY GOROVOY 12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003 | VICE PRESIDENT | 1 | $4,000 |
Address and contacts
- Address (IRS master file)
- 210 AUGUSTA ST, SOUTH AMBOY, NJ 08879-1726
- In care of
- % MARK GOROVOY
- Signed the 990-PF
- MARK GOROVOY, PRESIDENT
- Phone
- (908) 964-5888
- Return prepared by
- VICTOR GOLDBLAT AND COMPANY 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-7010710
- 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
- 1969
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $314,112
- Income (IRS master file)
- $8,666
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $8,666 | $72,925 | $314,112 | XML |
| 990-PF | June 2024 | $18,959 | $73,175 | $415,465 | XML |
| 990-PF | June 2023 | $8,102 | $54,237 | $433,754 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | 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 23-7010710).
Questions about SAM GOROVOY FOUNDATION INC
- What is the EIN of SAM GOROVOY FOUNDATION INC?
- The employer identification number (EIN) of SAM GOROVOY FOUNDATION INC is 23-7010710.
- Is SAM GOROVOY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to SAM GOROVOY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SAM GOROVOY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SAM GOROVOY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAM GOROVOY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of SAM GOROVOY FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 2 people; 2 received compensation from the organization, the highest $10,000 (MARK GOROVOY, PRESIDENT).
- How much revenue does SAM GOROVOY FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $8,666, expenses of $72,925 and total assets of $314,112 at year end.
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