Nonprofit · EIN 26-0177940
NOVAK FAMILY FOUNDATION INC
Tax-exempt · MERRILLVILLE, IN 46410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $104,066 | $51,365 | $52,701 | $1,173,195 | $0 | $1,173,195 |
| December 31, 2023 | 990-PF | $43,232 | $61,986 | -$18,754 | $1,120,394 | $0 | $1,120,394 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $34,178
- Interest
- $3,419
- Net gain from sales of assets
- $66,469
Expenses
- Grants and similar amounts paid
- $40,905
- Disbursements for charitable purposes
- $51,365
- Excise tax on investment income
- $1,207
Balance sheet and other
- Total assets, start of year
- $1,120,394
- Total assets, end of year
- $1,173,195
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,173,195
- Fair market value of assets
- $1,242,680
- Qualifying distributions
- $51,365
- Net investment income
- $86,833
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 |
|---|---|---|---|
| WILLIAM LOGOTHETIS 5246 E 107TH PLACE, CROWN POINT, IN 46307 | PRESIDENT | 0.7 | $0 |
| MICHAEL J BERTA 59 LEVANNO DRIVE, CROWN POINT, IN 46307 | SECRETARY/TR | 0.15 | $0 |
| BESSIE PLOUTIS 861 PINGEL PLACE, CROWN POINT, IN 46307 | BOARD MEMBER | 0.15 | $0 |
| JOANN MASSOW 1722 W 93RD CT, CROWN POINT, IN 46307 | BOARD MEMBER | 0.15 | $0 |
| FR THEODORE POTERES 1234 KNIGHTHOOD DRIVE, DYER, IN 46311 | BOARD MEMBER | 0.15 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM LOGOTHETIS 5246 E 107TH PLACE, CROWN POINT, IN 46307 | PRESIDENT | 0.7 | $0 |
| MICHAEL J BERTA 59 LEVANNO DRIVE, CROWN POINT, IN 46307 | SECRETARY | 0.15 | $0 |
| BESSIE PLOUTIS 861 PINGEL PLACE, CROWN POINT, IN 46307 | DIRECTOR | 0.15 | $0 |
| JOANN MASSOW 1722 W 93RD CT, CROWN POINT, IN 46307 | DIRECTOR | 0.15 | $0 |
| FR THEODORE POTERES 1234 KNIGHTHOOD DRIVE, DYER, IN 46311 | DIRECTOR | 0.15 | $0 |
Address and contacts
- Address (IRS master file)
- 8000 MADISON ST, MERRILLVILLE, IN 46410-5404
- In care of
- % WILLIAM S LOGOTHETIS
- Signed the 990-PF
- WILLIAM LOGOTHETIS, PRESIDENT
- Phone
- (219) 769-2481
- Website
- NOVAKFAMILYFOUNDATION.ORG
- Return prepared by
- BIKOS & ASSOCIATES 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 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
- 26-0177940
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,173,195
- Income (IRS master file)
- $301,732
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $104,066 | $51,365 | $1,173,195 | XML |
| 990-PF | December 2023 | $43,232 | $61,986 | $1,120,394 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 26-0177940).
Questions about NOVAK FAMILY FOUNDATION INC
- What is the EIN of NOVAK FAMILY FOUNDATION INC?
- The employer identification number (EIN) of NOVAK FAMILY FOUNDATION INC is 26-0177940.
- Is NOVAK FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to NOVAK FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NOVAK FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NOVAK 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 NOVAK 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 NOVAK FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does NOVAK FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $104,066, expenses of $51,365 and total assets of $1,173,195 at year end.
Other nonprofits in MERRILLVILLE
- LEGACY FOUNDATION INC EIN 35-1872803 · last filed 990 for 2024
- DEAN & BARBARA WHITE FAMILY FOUNDATION INC EIN 35-2015808 · last filed 990-PF for 2024
- THE@BRUCE AND BETH WHITE FAMILY FOUNDATION EIN 20-8107053 · last filed 990-PF for 2025
- MIELLE CARES FOUNDATION INC EIN 88-1628301 · last filed 990 for 2025
- HALL FAMILY FOUNDATION INC EIN 32-0556847 · last filed 990-PF for 2024
- MERRILLVILLE ROTARY CLUB CHARITIES INC EIN 27-4640067 · last filed 990-EZ for 2025
- SCHRAGE FAMILY FOUNDATION INC EIN 83-2306786 · last filed 990-PF for 2025
- HOME FIELD ADVANTAGE FOUNDATION EIN 81-0625295 · last filed 990-PF for 2025
All nonprofits in MERRILLVILLE · Indiana · Philanthropy, voluntarism and grantmaking foundations