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Nonprofit · EIN 23-7299352

SUMMA FOUNDATION

Tax-exempt · ALBUQUERQUE, NM 87108

Financials

$33K$13K2023$97K$97K2024
Revenue Expenses · by fiscal year end
Financials of SUMMA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$96,862$97,275-$413$251,864$0$251,864
June 30, 2024990-EZ$32,771$13,449$19,322$235,519$0$235,519
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,000
Program service revenue
$84,726
Investment income
$2,757
Net gain from sales of assets
$5,956
Other revenue
$2,423

Expenses

Grants and similar amounts paid
$3,700
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$6,861
Other expenses
$86,714
Program services (functional)
$86,393

Balance sheet and other

Total assets, start of year
$235,519
Total assets, end of year
$251,864
Total liabilities, end of year
$0
Net assets, end of year
$251,864
Cash, savings and investments
$27,067
Gross receipts
$162,889

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
EDL SCHAMILOGLUPRESIDENT1$0
SPENCER E BAUMVICE PRESIDENT1$0
WILLIAM D PRATHERTREASURER1$0
JANE LEHRVICE PRESIDENT1$0
EVERETT FARRSECRETARY1$0
990-EZ for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
EDL SCHAMILOGLUPRESIDENT1$0
SPENCER E BAUMVICE PRESIDENT1$0
WILLIAM D PRATHERTREASURER1$0
JANE LEHRVICE PRESIDENT1$0
EVERETT FARRSECRETARY1$0

Address and contacts

Address (IRS master file)
600 VALVERDE DR SE, ALBUQUERQUE, NM 87108-3466
Signed the 990-EZ
WILLIAM PRATHER, TREASURER
Phone
(505) 846-0416
Return prepared by
REDW LLC

Mission

SPONSOR RESEARCH AND EDUCATION IN ELECTROMAGNETICS BY HOLDING SEMINARS AND PUBLISHING TEXTS, INCLUDING AN ANNUAL WEEK-LONG CONFERENCE WHERE HUNDREDS OF PAPERS ON ELECTROMAGNETICS ARE PRESENETED.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • SPONSOR RESEARCH AND EDUCATION IN ELECTROMAGNETICS BY HOLDING SEMINARS AND PUBLISHING TEXTS, INCLUDING AN ANNUAL WEEK-LONG CONFERENCE WHERE HUNDREDS OF PAPERS ON ELECTROMAGNETICS ARE PRESENTED
    Expenses $82,693
  • GRADUATE FELLOWSHIPS AND SCHOLARSHIPS ARE AWARDED IN THE FIELD OF ADVANCED ELECTROMAGNETICS TO ASSIST STUDENTS IN THE DEVELOPMENT OF IDEAS. THE GRANT IS MADE TO THE UNIVERSITY OF NEW MEXICO - SCHOOL OF ENGINEERING. GRANTEES ARE SELECTED BY THE UNIVERSITY OF NEW MEXICO - SCHOOL OF ENGINEERING
    Expenses $3,700 · grants $3,700

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
23-7299352
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$251,864
Income (IRS master file)
$162,889

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$96,862$97,275$251,864IRS
990-EZJune 2024$32,771$13,449$235,519XML
990June 2023$3,004$9,235$193,851IRS
990June 2022$29,808$12,928$172,877IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 23-7299352).

Questions about SUMMA FOUNDATION

What is the EIN of SUMMA FOUNDATION?
The employer identification number (EIN) of SUMMA FOUNDATION is 23-7299352.
Is SUMMA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to SUMMA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SUMMA FOUNDATION 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 SUMMA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of SUMMA FOUNDATION?
The 990-EZ for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SUMMA FOUNDATION have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $96,862, expenses of $97,275 and total assets of $251,864 at year end.

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