Nonprofit · EIN 33-0847552
BASIL FAMILY FOUNDATION
Tax-exempt (reinstated) · SAN PEDRO, CA 90731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $126,536 | $167,048 | -$40,512 | $2,829,532 | $0 | $2,829,532 |
| December 31, 2023 | 990-PF | $2,403,696 | $52,306 | $2,351,390 | $2,803,640 | $0 | $2,803,640 |
| December 31, 2021 | 990-PF | $2,298 | $54,459 | -$52,161 | $422,988 | $0 | $422,988 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $126,160
- Interest
- $376
Expenses
- Grants and similar amounts paid
- $100,000
- Disbursements for charitable purposes
- $100,000
- Excise tax on investment income
- $1,759
Balance sheet and other
- Total assets, start of year
- $2,803,640
- Total assets, end of year
- $2,829,532
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,829,532
- Fair market value of assets
- $2,829,532
- Qualifying distributions
- $165,382
- Net investment income
- $126,536
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 |
|---|---|---|---|
| WENDY BASIL 711 WEST 33RD ST 5, SAN PEDRO, CA 907316849 | Director | 20 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDY BASIL 711 WEST 33RD ST 5, SAN PEDRO, CA 907316849 | Director | 20 | $0 |
990-PF for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDY BASIL 711 WEST 33RD ST 5, SAN PEDRO, CA 907316849 | Director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 711 W 33RD ST APT 5, SAN PEDRO, CA 90731-6849
- In care of
- % DOUGLAS C BASIL PHD
- Signed the 990-PF
- WENDY BASIL, Director
- Phone
- (805) 746-2373
- Return prepared by
- HERMAN & CHAMOW CPAS
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
- 33-0847552
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $2,829,532
- Income (IRS master file)
- $126,536
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- August 14, 2023
- Reinstated
- Effective May 15, 2023
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 | – | – | – | IRS |
| 990-PF | December 2023 | $2,403,696 | $52,306 | $2,803,640 | IRS |
| 990-PF | December 2021 | $2,298 | $54,459 | $422,988 | 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 BASIL FAMILY FOUNDATION
- What is the EIN of BASIL FAMILY FOUNDATION?
- The employer identification number (EIN) of BASIL FAMILY FOUNDATION is 33-0847552.
- Is BASIL FAMILY FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to BASIL FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BASIL FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BASIL FAMILY FOUNDATION 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 BASIL FAMILY FOUNDATION 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 BASIL FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does BASIL FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $126,536, expenses of $167,048 and total assets of $2,829,532 at year end.
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