Nonprofit · EIN 31-1732873
YMS FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11219
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $88,002 | $136,999 | -$48,997 | $3,874,797 | $0 | $3,874,797 |
| June 30, 2024 | 990-PF | $33,335 | $15,554 | $17,781 | $3,925,427 | $0 | $3,925,427 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $75,000
- Interest
- $13,002
Expenses
- Grants and similar amounts paid
- $135,160
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $135,160
- Excise tax on investment income
- $181
Balance sheet and other
- Total assets, start of year
- $3,925,427
- Total assets, end of year
- $3,874,797
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,874,797
- Fair market value of assets
- $2,774,718
- Qualifying distributions
- $135,160
- Net investment income
- $13,002
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Steinmetz 900 EAST 19TH STREET, Brooklyn, NY 11230 | VICE PRESIDENT & SECRETARY | 0 | $0 |
| ABRAHAM WEINGARTEN 1570 46 Street, Brooklyn, NY 11219 | TREASURER | 0 | $0 |
| Bernat Steinmetz 1675 48TH STREET, BRooklyn, NY 11204 | PRESIDENT | 0 | $0 |
| RUTH STEINMETZ 900 EAST 19TH STREET, Brooklyn, NY 11230 | VICE PRESIDENT | 0 | $0 |
990-PF for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Steinmetz 900 EAST 19TH STREET, Brooklyn, NY 11230 | VICE PRESIDENT & SECRETARY | 0 | $0 |
| ABRAHAM WEINGARTEN 1570 46 Street, Brooklyn, NY 11219 | TREASURER | 0 | $0 |
| Bernat Steinmetz 1675 48TH STREET, BRooklyn, NY 11204 | PRESIDENT | 0 | $0 |
| RUTH STEINMETZ 900 EAST 19TH STREET, Brooklyn, NY 11230 | VICE PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1570 46TH ST, BROOKLYN, NY 11219-2774
- In care of
- % STEINMETZ BROTHERS
- Signed the 990-PF
- bernat steinmetz, President
- Phone
- (212) 563-5733
- Return prepared by
- G David Soifer CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 31-1732873
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,874,797
- Income (IRS master file)
- $88,002
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | – | – | – | IRS |
| 990-PF | June 2024 | – | – | – | IRS |
| 990-PF | June 2023 | $50,618 | $73,192 | $3,907,646 | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 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 YMS FOUNDATION INC
- What is the EIN of YMS FOUNDATION INC?
- The employer identification number (EIN) of YMS FOUNDATION INC is 31-1732873.
- Is YMS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to YMS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does YMS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of YMS FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YMS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of YMS FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does YMS FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $88,002, expenses of $136,999 and total assets of $3,874,797 at year end.
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