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Nonprofit · EIN 27-3097425

REVERSIBLE DESTINY FOUNDATION INC

Tax-exempt · BROOKLYN, NY 11205

Financials

$6.6M$1.1M2023$400K$1.3M2024
Revenue Expenses · by fiscal year end
Financials of REVERSIBLE DESTINY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$399,708$1,297,736-$898,028$4,807,733$145,072$4,662,661
December 31, 2023990-PF$6,602,817$1,135,954$5,466,863$5,615,534$61,542$5,553,992
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,364
Dividends
$84,704
Interest
$97,289
Net gain from sales of assets
$203,351

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$259,655
Disbursements for charitable purposes
$863,284
Excise tax on investment income
$4,420

Balance sheet and other

Total assets, start of year
$5,615,534
Total assets, end of year
$4,807,733
Total liabilities, end of year
$145,072
Net assets, end of year
$4,662,661
Fair market value of assets
$13,588,110
Qualifying distributions
$863,284
Net investment income
$363,393

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
SHEUNG TANG LUK
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
PROJECT MANAGER
Highest-paid employee
40$118,808
KATHRYN W DENNETT
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
PROJECT ARCHIVIST
Highest-paid employee
40$65,814
RONALD SPENCER
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0
MICHAEL GOVAN
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0
MOMOYO HOMMA
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Executive Dir.1$0
ALEXANDRA MUNROE
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MIWAKO TEZUKA PHD
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
ASSOCIATE DIRECTOR
Highest-paid employee
40$125,645
SHEUNG TANK LUK
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
PROJECT MANAGER
Highest-paid employee
40$114,224
KATHRYN W DENNETT
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
PROJECT ARCHIVIST
Highest-paid employee
40$81,159
AMARA S MAGLOUGHLIN
63 FLUSHING AVENUE BUILDING 212, BROOKLYN, NY 11205
RESEARCH ASSOCIATE
Highest-paid employee
40$76,246
RONALD SPENCER
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0
MICHAEL GOVAN
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0
MOMOYO HOMMA
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Executive Dir.1$0
ALEXANDRA MUNROE
63 FLUSHING AVE BUILDING 212, BROOKLYN, NY 11205
Director1$0

Address and contacts

Address (IRS master file)
63 FLUSHING AVE UNIT 212, BROOKLYN, NY 11205-1072
In care of
% MR P KATZ
Signed the 990-PF
SHEUNG TANG LUK, PROJECT MANAGER
Phone
(212) 674-1613
Return prepared by
ODonoghue & Lamb CPAs PLLC

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
27-3097425
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Social science (V20)
Assets (IRS master file)
$4,807,733
Income (IRS master file)
$2,143,213

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$399,708$1,297,736$4,807,733IRS
990-PFDecember 2023$6,602,817$1,135,954$5,615,534XML
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 27-3097425).

Questions about REVERSIBLE DESTINY FOUNDATION INC

What is the EIN of REVERSIBLE DESTINY FOUNDATION INC?
The employer identification number (EIN) of REVERSIBLE DESTINY FOUNDATION INC is 27-3097425.
Is REVERSIBLE DESTINY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to REVERSIBLE DESTINY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does REVERSIBLE DESTINY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of REVERSIBLE DESTINY 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 REVERSIBLE DESTINY 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 REVERSIBLE DESTINY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $118,808 (SHEUNG TANG LUK, PROJECT MANAGER).
How much revenue does REVERSIBLE DESTINY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $399,708, expenses of $1,297,736 and total assets of $4,807,733 at year end.

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