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Nonprofit · EIN 26-3617880

SUSANNE & GLORIA YOUNG FOUNDATION

Tax-exempt · RENO, NV 89519

Financials

$20K$132K2023$36K$140K2024
Revenue Expenses · by fiscal year end
Financials of SUSANNE & GLORIA YOUNG FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$36,327$140,474-$104,147$557,191$0$557,191
December 31, 2023990-PF$20,472$131,885-$111,413$661,338$0$661,338
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$29,365
Net gain from sales of assets
$6,962

Expenses

Grants and similar amounts paid
$111,666
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$122,409
Excise tax on investment income
$254

Balance sheet and other

Total assets, start of year
$661,338
Total assets, end of year
$557,191
Total liabilities, end of year
$0
Net assets, end of year
$557,191
Fair market value of assets
$903,040
Qualifying distributions
$122,409
Net investment income
$36,327

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.

NameTitleHours / weekCompensation
SUSANNE PENNINGTON
2588 EDGEROCK ROAD, RENO, NV 89519
TRUSTEE0$0
BERNIE CARTER
165 WEST LIBERTY SUITE 100, RENO, NV 89501
TRUSTEE0$0
MICHELLE KLING
2109 THOMAS JEFFERSON DR, RENO, NV 89509
TRUSTEE0$0
JILL GIANOLI
2449 RANGEVIEW CT, RENO, NV 89519
TRUSTEE0$0
RICHARD REYNOLDS
2588 EDGEROCK ROAD, RENO, NV 89519
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SUSANNE PENNINGTON
2588 EDGEROCK ROAD, RENO, NV 89519
TRUSTEE0$0
BERNIE CARTER
165 WEST LIBERTY SUITE 100, RENO, NV 89501
TRUSTEE0$0
MICHELLE KLING
2109 THOMAS JEFFERSON DR, RENO, NV 89509
TRUSTEE0$0
JILL GIANOLI
2449 RANGEVIEW CT, RENO, NV 89519
TRUSTEE0$0
DOUG CLARK
510 WEST PLUMB LANE SUITE B, RENO, NV 89509
TRUSTEE0$0

Address and contacts

Address (IRS master file)
2588 EDGEROCK RD, RENO, NV 89519-5765
Signed the 990-PF
SUSANNE PENNINGTON, TRUSTEE
Phone
(775) 354-8270
Return prepared by
BARNARD VOGLER & CO CPA'S

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3617880
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
Assets (IRS master file)
$557,191
Income (IRS master file)
$29,365

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$36,327$140,474$557,191XML
990-PFDecember 2023$20,472$131,885$661,338XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2017–––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 26-3617880).

Questions about SUSANNE & GLORIA YOUNG FOUNDATION

What is the EIN of SUSANNE & GLORIA YOUNG FOUNDATION?
The employer identification number (EIN) of SUSANNE & GLORIA YOUNG FOUNDATION is 26-3617880.
Is SUSANNE & GLORIA YOUNG FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to SUSANNE & GLORIA YOUNG FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SUSANNE & GLORIA YOUNG FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SUSANNE & GLORIA YOUNG FOUNDATION 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 SUSANNE & GLORIA YOUNG FOUNDATION 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 SUSANNE & GLORIA YOUNG FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SUSANNE & GLORIA YOUNG FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $36,327, expenses of $140,474 and total assets of $557,191 at year end.

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