Nonprofit · EIN 23-7316423
SIPOS FOUNDATION INC
Tax-exempt (reinstated) · ATLANTIC BCH, NY 11509
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,578 | $12,910 | -$10,332 | $73,324 | $0 | $73,324 |
| December 31, 2024 | 990-PF | $17,880 | $10,329 | $7,551 | $81,350 | $0 | $81,350 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $2,723
- Net gain from sales of assets
- -$145
Expenses
- Grants and similar amounts paid
- $11,531
- Disbursements for charitable purposes
- $11,531
- Excise tax on investment income
- $19
Balance sheet and other
- Total assets, start of year
- $81,350
- Total assets, end of year
- $73,324
- Total liabilities, end of year
- $0
- Net assets, end of year
- $73,324
- Fair market value of assets
- $86,710
- Qualifying distributions
- $11,531
- Net investment income
- $2,723
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEIL SIPOS PO BOX 269, ATLANTIC BEACH, NY 11509 | Vice President | 1 | $0 |
| HOWARD TAUB PO BOX 269, ATLANTIC BEACH, NY 11509 | Vice President | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEIL SIPOS PO BOX 269, ATLANTIC BEACH, NY 11509 | Vice President | 1 | $0 |
| HOWARD TAUB PO BOX 269, ATLANTIC BEACH, NY 11509 | Vice President | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2035 OCEAN BLVD, ATLANTIC BCH, NY 11509-1227
- Signed the 990-PF
- HOWARD TAUB, Vice President
- Phone
- (516) 812-9411
- Return prepared by
- BEHAR & COMPANY
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 | 990-PF 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
- 23-7316423
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $73,324
- Income (IRS master file)
- $15,615
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- March 11, 2013
- Reinstated
- Effective June 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$830 | $12,930 | $73,799 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SIPOS FOUNDATION INC
- What is the EIN of SIPOS FOUNDATION INC?
- The employer identification number (EIN) of SIPOS FOUNDATION INC is 23-7316423.
- Is SIPOS FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective June 15, 2019.
- Are donations to SIPOS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SIPOS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SIPOS FOUNDATION INC 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 SIPOS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SIPOS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does SIPOS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,578, expenses of $12,910 and total assets of $73,324 at year end.
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