Nonprofit · EIN 26-4308958
RICHARD DESICH FOUNDATION
Tax-exempt · WESTLAKE, OH 44145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $613,930 | $767,510 | -$153,580 | $8,105,635 | $36,259 | $8,069,376 |
| December 31, 2024 | 990-PF | $281,142 | $737,158 | -$456,016 | $8,252,598 | $29,642 | $8,222,956 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $680,907
- Interest
- $21,240
- Other income
- -$88,217
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $14,801
- Excise tax on investment income
- $295
Balance sheet and other
- Total assets, start of year
- $8,252,598
- Total assets, end of year
- $8,105,635
- Total liabilities, end of year
- $36,259
- Net assets, end of year
- $8,069,376
- Fair market value of assets
- $44,787
- Qualifying distributions
- $14,801
- Net investment income
- $21,240
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 |
|---|---|---|---|
| JEFFREY A DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | V.P. | 0 | $0 |
| RICHARD DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | PRES., DIR. | 0 | $0 |
| RICHARD A DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | V.P. | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY A DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | V.P. | 0 | $0 |
| RICHARD DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | PRES., DIR. | 0 | $0 |
| RICHARD A DESICH 1 EQUITY WAY, WESTLAKE, OH 44145 | V.P. | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 EQUITY WAY, WESTLAKE, OH 44145-1050
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- RICHARD DESICH, PRES., DIR. SEC
- Phone
- (440) 292-5214
- Return prepared by
- RADACHI AND COMPANY CPAS
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
- 26-4308958
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $8,105,635
- Income (IRS master file)
- $613,930
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $5,774,789 | $703,083 | $8,678,972 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 RICHARD DESICH FOUNDATION
- What is the EIN of RICHARD DESICH FOUNDATION?
- The employer identification number (EIN) of RICHARD DESICH FOUNDATION is 26-4308958.
- Is RICHARD DESICH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to RICHARD DESICH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RICHARD DESICH FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD DESICH FOUNDATION 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 RICHARD DESICH FOUNDATION 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 RICHARD DESICH FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RICHARD DESICH FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $613,930, expenses of $767,510 and total assets of $8,105,635 at year end.
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