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Nonprofit · EIN 27-2608894

I MICHAEL & BETH KASSER FOUNDATION

Tax-exempt · KAILUA KONA, HI 96740

Financials

$164K$63K2023$408K$274K2024$538K$664K2025
Revenue Expenses · by fiscal year end
Financials of I MICHAEL & BETH KASSER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$538,259$663,643-$125,384$3,122,936$0$3,122,936
December 31, 2024990-PF$407,700$273,800$133,900$3,248,320$0$3,248,320
December 31, 2023990-PF$164,163$63,343$100,820$3,114,420$0$3,114,420
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$69,752
Interest
$951
Net gain from sales of assets
$467,028
Other income
$528

Expenses

Grants and similar amounts paid
$580,336
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$583,506
Excise tax on investment income
$6,379

Balance sheet and other

Total assets, start of year
$3,248,320
Total assets, end of year
$3,122,936
Total liabilities, end of year
$0
Net assets, end of year
$3,122,936
Fair market value of assets
$5,507,987
Qualifying distributions
$583,506
Net investment income
$537,731

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.

NameTitleHours / weekCompensation
I MICHAEL KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
OFFICER5$0
BETH KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
DIRECTOR5$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
I MICHAEL KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
OFFICER5$0
BETH KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
DIRECTOR5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
I MICHAEL KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
OFFICER5$0
BETH KASSER
75-5706 HANAMA PLACE SUITE 104, KAILUAKONA, HI 96740
DIRECTOR5$0

Address and contacts

Address (IRS master file)
75-5706 HANAMA PL STE 104, KAILUA KONA, HI 96740-1713
In care of
% I MICHAEL KASSER
Signed the 990-PF
I MICHAEL KASSER, OFFICER
Phone
(808) 329-6060
Return prepared by
CLIFTONLARSONALLEN LLP

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-2608894
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
Assets (IRS master file)
$3,122,936
Income (IRS master file)
$1,091,059

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$538,259$663,643$3,122,936XML
990-PFDecember 2024$407,700$273,800$3,248,320XML
990-PFDecember 2023$164,163$63,343$3,114,420XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 27-2608894).

Questions about I MICHAEL & BETH KASSER FOUNDATION

What is the EIN of I MICHAEL & BETH KASSER FOUNDATION?
The employer identification number (EIN) of I MICHAEL & BETH KASSER FOUNDATION is 27-2608894.
Is I MICHAEL & BETH KASSER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to I MICHAEL & BETH KASSER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does I MICHAEL & BETH KASSER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of I MICHAEL & BETH KASSER 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 I MICHAEL & BETH KASSER 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 I MICHAEL & BETH KASSER FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does I MICHAEL & BETH KASSER FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $538,259, expenses of $663,643 and total assets of $3,122,936 at year end.

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