Nonprofit · EIN 23-7237932
E & H PARNES FOUNDATION INC
Tax-exempt · EDISON, NJ 08818
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $11,275,991 | $900,888 | $10,375,103 | $19,337,717 | $0 | $19,337,717 |
| June 30, 2024 | 990-PF | $1,401,727 | $902,357 | $499,370 | $8,962,614 | $0 | $8,962,614 |
| June 30, 2023 | 990-PF | $1,648,497 | $668,568 | $979,929 | $8,463,244 | $0 | $8,463,244 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,139,620
- Interest
- $130,972
- Other income
- $1,005,399
Expenses
- Grants and similar amounts paid
- $900,636
- Disbursements for charitable purposes
- $900,886
- Excise tax on investment income
- $15,796
Balance sheet and other
- Total assets, start of year
- $8,962,614
- Total assets, end of year
- $19,337,717
- Total liabilities, end of year
- $0
- Net assets, end of year
- $19,337,717
- Fair market value of assets
- $19,337,716
- Qualifying distributions
- $900,886
- Net investment income
- $1,136,371
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 |
|---|---|---|---|
| CHARLES PARNES 1225 TUXEDO TERRACE, LAKEWOOD, NJ 08701 | Trustee | 3 | $0 |
| LEVI Y PARNES 1225 TUXEDO TERRACE, LAKEWOOD, NJ 08701 | CO-TRUSTEE | 0 | $0 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES PARNES 1225 TUXEDO TERRACE, LAKEWOOD, NJ 08701 | Foundation Mana | 3 | $0 |
990-PF for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES PARNES 1225 TUXEDO TERRACE, LAKEWOOD, NJ 08701 | Foundation Mana | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 703, EDISON, NJ 08818-0703
- In care of
- % PARNES
- Signed the 990-PF
- CHARLES PARNES, Foundation Manager
- Phone
- (732) 287-3000
- Return prepared by
- EZRA S NATHAN CPA PC
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
- 23-7237932
- 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
- 1972
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $19,337,717
- Income (IRS master file)
- $11,275,991
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $11,275,991 | $900,888 | $19,337,717 | IRS |
| 990-PF | June 2024 | $1,401,727 | $902,357 | $8,962,614 | IRS |
| 990-PF | June 2023 | $1,648,497 | $668,568 | $8,463,244 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
| 990-PF | June 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 23-7237932).
Questions about E & H PARNES FOUNDATION INC
- What is the EIN of E & H PARNES FOUNDATION INC?
- The employer identification number (EIN) of E & H PARNES FOUNDATION INC is 23-7237932.
- Is E & H PARNES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to E & H PARNES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does E & H PARNES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of E & H PARNES 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 E & H PARNES 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 E & H PARNES FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does E & H PARNES FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $11,275,991, expenses of $900,888 and total assets of $19,337,717 at year end.
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