Nonprofit · EIN 27-3586135
COSTA FARMS SCHOLARSHIP FOUNDATION INC
Tax-exempt (reinstated) · MIAMI, FL 33170
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $273,254 | $235,970 | $37,284 | $40,712 | $0 | $40,712 |
| December 31, 2023 | 990-PF | $180,462 | $178,812 | $1,650 | $3,428 | $0 | $3,428 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $273,235
- Interest
- $19
Expenses
- Grants and similar amounts paid
- $235,754
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $235,970
Balance sheet and other
- Total assets, start of year
- $3,428
- Total assets, end of year
- $40,712
- Total liabilities, end of year
- $0
- Net assets, end of year
- $40,712
- Fair market value of assets
- $40,712
- Qualifying distributions
- $235,970
- Net investment income
- $19
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE A COSTA III 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 2 | $0 |
| MARIA COSTA SMITH 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 1 | $0 |
| JOSE I SMITH III 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE A COSTA III 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 2 | $0 |
| MARIA COSTA SMITH 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 1 | $0 |
| JOSE I SMITH III 21800 SW 162 AVENUE, MIAMI, FL 33170 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 21800 SW 162ND AVE, MIAMI, FL 33170-2004
- Signed the 990-PF
- JOSE I SMITH III, DIRECTOR
- Phone
- (305) 247-5135
- Return prepared by
- RSM US 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 27-3586135
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $40,712
- Income (IRS master file)
- $273,254
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $273,254 | $235,970 | $40,712 | XML |
| 990-PF | December 2023 | $180,462 | $178,812 | $3,428 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 27-3586135).
Questions about COSTA FARMS SCHOLARSHIP FOUNDATION INC
- What is the EIN of COSTA FARMS SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of COSTA FARMS SCHOLARSHIP FOUNDATION INC is 27-3586135.
- Is COSTA FARMS SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to COSTA FARMS SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COSTA FARMS SCHOLARSHIP FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COSTA FARMS SCHOLARSHIP 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 COSTA FARMS SCHOLARSHIP 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 COSTA FARMS SCHOLARSHIP FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does COSTA FARMS SCHOLARSHIP FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $273,254, expenses of $235,970 and total assets of $40,712 at year end.
Other nonprofits in MIAMI
- THE MIAMI FOUNDATION INC EIN 65-0350357 · last filed 990 for 2025
- GREATER MIAMI JEWISH FEDERATION EIN 59-0624404 · last filed 990 for 2025
- THE INVISIBLE HAND FOUNDATION EIN 46-1550110 · last filed 990-PF for 2025
- UNITED WAY MIAMI INC EIN 59-0830840 · last filed 990 for 2025
- MITCHELL WOLFSON SR FOUNDATION EIN 59-2390240 · last filed 990-PF for 2025
- ZHAO-CHEN FAMILY FOUNDATION INC EIN 85-4261456 · last filed 990-PF for 2024
- BRAVO FAMILY CHARITABLE FOUNDATION EIN 81-4657525 · last filed 990-PF for 2024
- OCHO FOUNDATION EIN 36-7801034 · last filed 990-PF for 2024
All nonprofits in MIAMI · Florida · Philanthropy, voluntarism and grantmaking foundations