Nonprofit · EIN 31-1482756
LARSEN FOUNDATION INC
Tax-exempt · MORRISTOWN, NJ 07962
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $716,079 | $1,142,405 | -$426,326 | $2,162,072 | $0 | $2,162,072 |
| September 30, 2024 | 990-PF | $705,670 | $455,637 | $250,033 | $2,588,398 | $0 | $2,588,398 |
| September 30, 2023 | 990-PF | $1,014,818 | $1,636,111 | -$621,293 | $2,338,366 | $0 | $2,338,366 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $25,000
- Dividends
- $174,272
- Net gain from sales of assets
- $516,807
Expenses
- Grants and similar amounts paid
- $1,134,550
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,136,050
- Excise tax on investment income
- $9,585
Balance sheet and other
- Total assets, start of year
- $2,588,398
- Total assets, end of year
- $2,162,072
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,162,072
- Fair market value of assets
- $6,162,815
- Qualifying distributions
- $1,136,050
- Net investment income
- $691,079
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOROTHY M LARSEN C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | PRESIDENT/TRUSTEE | 0 | $0 |
| GARRET W LARSEN C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KAREN LARSEN VERBLAAUW C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KRISTEN LARSEN DRIES C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
990-PF for the year ended September 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOROTHY M LARSEN C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | PRESIDENT/TRUSTEE | 0 | $0 |
| GARRET W LARSEN C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KAREN LARSEN VERBLAAUW C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KRISTEN LARSEN DRIES C/O PORZIO PO BOX 1997, MORRISTOWN, NJ 07962 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
990-PF for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOROTHY M LARSEN 5707 JUNONIA COURT, FORT MYERS, FL 33908 | PRESIDENT/TRUSTEE | 0 | $0 |
| GARRET W LARSEN 555 DICKENS LANDING DRIVE, LIVINGSTON, TX 77351 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KAREN LARSEN VERBLAAUW 1149 PAPER FIG COURT, SANIBEL, FL 33957 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
| KRISTEN LARSEN DRIES 154 VAN ZANDT, SKILLMAN, NJ 08558 | CO-VICE PRESIDENT/TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1997, MORRISTOWN, NJ 07962-1997
- Signed the 990-PF
- DOROTHY M LARSEN, PRESIDENT
- Phone
- (973) 538-4006
- Return prepared by
- PORZIO BROMBERG AND NEWMAN
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 31-1482756
- 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
- 1996
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $2,162,072
- Income (IRS master file)
- $900,180
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $716,079 | $1,142,405 | $2,162,072 | XML |
| 990-PF | September 2024 | $705,670 | $455,637 | $2,588,398 | XML |
| 990-PF | September 2023 | $1,014,818 | $1,636,111 | $2,338,366 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | 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 31-1482756).
Questions about LARSEN FOUNDATION INC
- What is the EIN of LARSEN FOUNDATION INC?
- The employer identification number (EIN) of LARSEN FOUNDATION INC is 31-1482756.
- Is LARSEN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to LARSEN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LARSEN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LARSEN FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LARSEN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of LARSEN FOUNDATION INC?
- The 990-PF for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LARSEN FOUNDATION INC have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $716,079, expenses of $1,142,405 and total assets of $2,162,072 at year end.
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