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Nonprofit · EIN 26-0358072

STEVEN & SHARON SUTTON FAMILYFOUNDATION INC

Tax-exempt · NEW YORK, NY 10038

Financials

$123K$123K2022$41K$42K2023
Revenue Expenses · by fiscal year end
Financials of STEVEN & SHARON SUTTON FAMILYFOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2024990-PF$41,298$41,954-$656$840$1,973-$1,133
May 31, 2023990-PF$122,723$123,473-$750$0$477-$477
Financial details: 990-PF for the year ended May 31, 2024

Revenue

Contributions, gifts and grants
$41,298

Expenses

Grants and similar amounts paid
$41,724
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$41,954

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$840
Total liabilities, end of year
$1,973
Net assets, end of year
-$1,133
Fair market value of assets
$840
Qualifying distributions
$41,954

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 May 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEVEN SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0
SHARON SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0
JESSE SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0
990-PF for the year ended May 31, 2023: 3 people
NameTitleHours / weekCompensation
STEVEN SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0
SHARON SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0
JESSE SUTTON
2039 EAST 4TH STREET, BROOKLYN, NY 11223
DIRECTOR0$0

Address and contacts

Address (IRS master file)
150 BROADWAY RM 513, NEW YORK, NY 10038-4344
In care of
% STEVEN SUTTON
Signed the 990-PF
STEVEN SUTTON, PRESIDENT
Phone
(212) 204-3456
Return prepared by
LMC ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025Not on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
26-0358072
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
2007
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$840
Income (IRS master file)
$41,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2024$41,298$41,954$840XML
990-PFMay 2023$122,723$123,473$0XML
990-PFMay 2022–––IRS
990-PFMay 2021–––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 26-0358072).

Questions about STEVEN & SHARON SUTTON FAMILYFOUNDATION INC

What is the EIN of STEVEN & SHARON SUTTON FAMILYFOUNDATION INC?
The employer identification number (EIN) of STEVEN & SHARON SUTTON FAMILYFOUNDATION INC is 26-0358072.
Is STEVEN & SHARON SUTTON FAMILYFOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to STEVEN & SHARON SUTTON FAMILYFOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does STEVEN & SHARON SUTTON FAMILYFOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of STEVEN & SHARON SUTTON FAMILYFOUNDATION INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STEVEN & SHARON SUTTON FAMILYFOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2024.
Who are the officers and directors of STEVEN & SHARON SUTTON FAMILYFOUNDATION INC?
The 990-PF for the year ended May 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does STEVEN & SHARON SUTTON FAMILYFOUNDATION INC have?
On its 990-PF for the year ended May 31, 2024 it reported revenue of $41,298, expenses of $41,954 and total assets of $840 at year end.

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