Nonprofit · EIN 33-0932434
42 FOUNDATION
Tax-exempt · HUNTINGTN BCH, CA 92648
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $59,077 | $63,215 | -$4,138 | $166,892 | $0 | $166,892 |
| December 31, 2023 | 990 | $86,018 | $413,241 | -$327,223 | $171,030 | $0 | $171,030 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,852
- Program service revenue
- $0
- Investment income
- $102
- Net income from fundraising events
- $31,123
- Other revenue
- $31,123
Expenses
- Grants and similar amounts paid
- $57,250
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,452
- Program services (functional)
- $59,263
- Management and general (functional)
- $3,452
- Fundraising (functional)
- $500
Balance sheet and other
- Total assets, start of year
- $171,030
- Total assets, end of year
- $166,892
- Total liabilities, end of year
- $0
- Net assets, end of year
- $166,892
- Land, buildings and equipment
- $56,808
- Net assets without donor restrictions
- $166,892
- Gross receipts
- $136,165
- Employees
- 0
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AARON ECSEDY | MEMBER Trustee or director | 0.5 | $0 |
| KRISTOPHER GARCIA | MEMBER Trustee or director | 0.5 | $0 |
| JASON POULOS | MEMBER Trustee or director | 0.5 | $0 |
| CHARLES REMINGTON | MEMBER Trustee or director | 0.5 | $0 |
| DAVID AVALOS | TREASURER Officer | 1 | $0 |
| ANTHONY GUILIANI | SECRETARY Officer | 1 | $0 |
| JAKE KNOX | VICE PRESIDE Officer | 1 | $0 |
| SEAN MCDONOUGH | SERGEANT OF Officer | 0.5 | $0 |
| MARK WERSCHING | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTOPHER GARCIA | MEMBER Trustee or director | 0.5 | $0 |
| NATHAN PHELPS | MEMBER Trustee or director | 0.5 | $0 |
| JASON POULOS | MEMBER Trustee or director | 0.5 | $0 |
| CHARLES REMINGTON | MEMBER Trustee or director | 0.5 | $0 |
| DAVID AVALOS | TREASURER Officer | 1 | $0 |
| TREVOR JACKSON | SECRETARY Officer | 1 | $0 |
| JAKE KNOX | VICE PRESIDE Officer | 1 | $0 |
| SEAN MCDONOUGH | SERGEANT OF Officer | 0.5 | $0 |
| MARK WERSCHING | PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 20422 BEACH BLVD STE 450, HUNTINGTN BCH, CA 92648-8301
- In care of
- % RUSSELL REINHART
- Principal officer (990 for 2024)
- MARK WERSCHING, 20422 BEACH BLVD STE 450, HUNTINGTON BEACH, CA 92648
- Signed the 990
- DAVID BUNETTA, CFO
- Phone
- (714) 842-8851
- Website
- WWW.HBPOA.ORG
- Return prepared by
- MCGINTY KNUDTSON & ASSOCIATES LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0932434 or by the name 42 FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO HELP FUND VARIOUS SCHOOL AND COMUNITY YOUTH ACTIVITIES OR ORGANIZATIONS IN HUNTINGTON BEACH AND ORANGE COUNTY,TO CONTRIBUTE TO OTHER EXEMPT ORGAIZATIONS UNDER SECTION 501(C) (3) AND TO PROVIDE BENEFITS TO SPOUSES OR CHILDREN OF POLICE OFFICERS KILLED IN THE LINE OF DUTY OR PROVIDE MEDICAL ASSISTANCE TO CHILDREN OF POLICE OFFICERS IN NEED OF HELP.
Program accomplishments
- CONTRIBUTE TO SCHOOL/COMMUNITY YOUTH PROGRAMS.Expenses $1,370
- CONTRIBUTE TO SPOUSES OF OFFICERS KILLED/INJURED IN THE LINE OF DUTY.Expenses $57,039 · grants $57,000
- PROVIDE MEDICAL BENEFITS FOR CHILDREN OF POLICE OFFICERS NEEDING ASSISTANCE.Expenses $40
- CONTRIBUTE TO OTHER SEC. 501(C)(3) ORGANIZATIONS.Expenses $814 · grants $250
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-0932434
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T123)
- Assets (IRS master file)
- $166,892
- Income (IRS master file)
- $136,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $59,077 | $63,215 | $166,892 | IRS |
| 990 | December 2023 | $86,018 | $413,241 | $171,030 | XML |
| 990 | December 2022 | $355,944 | $13,330 | $498,253 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 33-0932434).
Questions about 42 FOUNDATION
- What is the EIN of 42 FOUNDATION?
- The employer identification number (EIN) of 42 FOUNDATION is 33-0932434.
- Is 42 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to 42 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 42 FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of 42 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 42 FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of 42 FOUNDATION?
- The 990 for the year ended December 31, 2024 names MARK WERSCHING.
- Who are the officers and directors of 42 FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does 42 FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $59,077, expenses of $63,215 and total assets of $166,892 at year end.
Other nonprofits in HUNTINGTN BCH
- DONALD G GOODWIN FAMILY FOUNDATION INC EIN 95-4609975 · last filed 990-PF for 2025
- FALLING LEAVES FOUNDATION EIN 20-4861119 · last filed 990-PF for 2025
- NAYYER & SUZETTE ALI FAMILY FOUNDATION EIN 83-1597981 · last filed 990-PF for 2024
- DRIVING OUT CANCER INC EIN 88-0904542 · last filed 990 for 2024
- LADY OF LIGHT FOUNDATION EIN 33-3604567 · last filed 990-PF for 2025
- AKERSON FAMILY FOUNDATION EIN 85-0427304 · last filed 990-PF for 2025
- ALICE & JP WANG FOUNDATION EIN 80-0321637 · last filed 990-PF for 2024
- BJS RESTAURANTS FOUNDATION INC EIN 20-4165851 · last filed 990 for 2025
All nonprofits in HUNTINGTN BCH · California · Philanthropy, voluntarism and grantmaking foundations