Nonprofit · EIN 26-0146422
PICOZZI FAMILY FOUNDATION INC
Tax-exempt · SUMMIT, NJ 07901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $114,977 | $136,756 | -$21,779 | $1,848,453 | $0 | $1,848,453 |
| December 31, 2023 | 990-PF | $92,271 | $130,366 | -$38,095 | $1,870,232 | $0 | $1,870,232 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $55,015
- Interest
- $21,890
- Net gain from sales of assets
- $22,410
- Other income
- $15,662
Expenses
- Grants and similar amounts paid
- $82,750
- Disbursements for charitable purposes
- $109,929
- Excise tax on investment income
- $917
Balance sheet and other
- Total assets, start of year
- $1,870,232
- Total assets, end of year
- $1,848,453
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,848,453
- Fair market value of assets
- $2,076,701
- Qualifying distributions
- $109,929
- Net investment income
- $92,798
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT PICOZZI 48 MAPLE ST, SUMMIT, NJ 07901 | PRESIDENT | 5 | $0 |
| MICHAEL PICOZZI 48 MAPLE ST, SUMMIT, NJ 07901 | VICE-PRESIDE | 5 | $0 |
| NICHOLAS CANNONE 48 MAPLE ST, SUMMIT, NJ 07901 | TREASURER | 10 | $0 |
| HUGH BLAIR 48 MAPLE STREET, SUMMIT, NJ 07901 | SECRETARY | 10 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT PICOZZI 48 MAPLE ST, SUMMIT, NJ 07901 | PRESIDENT | 5 | $0 |
| MICHAEL PICOZZI 48 MAPLE ST, SUMMIT, NJ 07901 | VICE-PRESIDE | 5 | $0 |
| NICHOLAS CANNONE 48 MAPLE, SUMMIT, NJ 07901 | TREASURER | 10 | $0 |
| HUGH BLAIR 48 MAPLE STREET, SUMMIT, NJ 07901 | SECRETARY | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 48 MAPLE STREET, SUMMIT, NJ 07901-6505
- In care of
- % HUGH BLAIR
- Signed the 990-PF
- HUGH BLAIR, SECRETARY
- Phone
- (908) 553-3102
- Return prepared by
- CANNONE AND COMPANY PA
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 | Not 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
- 26-0146422
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,848,453
- Income (IRS master file)
- $1,059,198
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $114,977 | $136,756 | $1,848,453 | XML |
| 990-PF | December 2023 | $92,271 | $130,366 | $1,870,232 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 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 26-0146422).
Questions about PICOZZI FAMILY FOUNDATION INC
- What is the EIN of PICOZZI FAMILY FOUNDATION INC?
- The employer identification number (EIN) of PICOZZI FAMILY FOUNDATION INC is 26-0146422.
- Is PICOZZI FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to PICOZZI FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does PICOZZI FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PICOZZI FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PICOZZI FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PICOZZI FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does PICOZZI FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $114,977, expenses of $136,756 and total assets of $1,848,453 at year end.
Other nonprofits in SUMMIT
- KENT PLACE SCHOOL EIN 22-1487233 · last filed 990 for 2025
- THE MICHAEL A J FARRELL FOUNDATION INC EIN 31-1714697 · last filed 990 for 2024
- SAGE ELDERCARE INC EIN 22-1657929 · last filed 990 for 2024
- BEDTIME MATH FOUNDATION INC EIN 26-2335161 · last filed 990-PF for 2025
- STUDENT PARTNER ALLIANCE A NEW JERSEY NON-PROFIT CORPORATION EIN 52-1840944 · last filed 990 for 2025
- UNITARIAN UNIVERSALIST LEGISLATIVE MINISTRY OF NEW JERSEY INC EIN 27-1635079 · last filed 990 for 2025
- TFCC AMERICA EIN 94-3305814 · last filed 990-EZ for 2025
- LINCOLN-HUBBARD SCHOOL PTO EIN 22-3645298 · last filed 990-EZ for 2025