Nonprofit · EIN 39-2066890
DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC
Tax-exempt · SUMMIT, NJ 07901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,943,757 | $493,209 | $1,450,548 | $7,667,539 | $0 | $7,667,539 |
| December 31, 2023 | 990-PF | $1,156,702 | $385,406 | $771,296 | $6,871,062 | $0 | $6,871,062 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,028,742
- Dividends
- $317,022
- Net gain from sales of assets
- $597,985
- Other income
- $8
Expenses
- Grants and similar amounts paid
- $418,435
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $423,200
- Excise tax on investment income
- $11,815
Balance sheet and other
- Total assets, start of year
- $6,871,062
- Total assets, end of year
- $7,667,539
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,667,539
- Fair market value of assets
- $8,816,305
- Qualifying distributions
- $423,200
- Net investment income
- $915,015
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 |
|---|---|---|---|
| DOUGLAS PRESENT 54 OXBOW LANE, SUMMIT, NJ 07901 | PRES/TRUSTEE | 0.5 | $0 |
| SUSAN PRESENT 54 OXBOW LANE, SUMMIT, NJ 07901 | TRES/SEC/TTEE | 0.5 | $0 |
| STEPHANIE PODOLAK 3950 SOUTH CLERMONT ST, ENGLEWOOD, CO 80113 | TRUSTEE | 0.25 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS PRESENT 54 OXBOW LANE, SUMMIT, NJ 07901 | PRES/TRUSTEE | 0.5 | $0 |
| SUSAN PRESENT 54 OXBOW LANE, SUMMIT, NJ 07901 | TRES/SEC/TTEE | 0.5 | $0 |
| STEPHANIE PODOLAK 3950 SOUTH CLERMONT ST, ENGLEWOOD, CO 80113 | TRUSTEE | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 54 OXBOW LN, SUMMIT, NJ 07901-2216
- In care of
- % DOUGLAS PRESENT
- Signed the 990-PF
- DOUGLAS PRESENT, PRESIDENT
- Phone
- (973) 605-1040
- Return prepared by
- MCCABE HEIDRICH & WONG PC
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
- 39-2066890
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $7,667,539
- Income (IRS master file)
- $4,367,940
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,943,757 | $493,209 | $7,667,539 | IRS |
| 990-PF | December 2023 | $1,156,702 | $385,406 | $6,871,062 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 39-2066890).
Questions about DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC
- What is the EIN of DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC?
- The employer identification number (EIN) of DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC is 39-2066890.
- Is DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DOUGLAS AND SUSAN PRESENT FAMILY 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 DOUGLAS AND SUSAN PRESENT FAMILY 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 DOUGLAS AND SUSAN PRESENT FAMILY 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 DOUGLAS AND SUSAN PRESENT FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,943,757, expenses of $493,209 and total assets of $7,667,539 at year end.
Other nonprofits in SUMMIT
- THE NICHOLAS J AND ANNA K BOURAS EIN 22-3591803 · last filed 990-PF for 2024
- THE KIMMELMAN FAM FOUNDATION EIN 82-6694821 · last filed 990-PF for 2025
- BARBERRY FOUNDATION INC EIN 83-2480237 · last filed 990-PF for 2024
- HUGIN FAMILY FOUNDATION INC EIN 03-0374762 · last filed 990-PF for 2024
- DONUM DEI FOUNDATION INC EIN 46-4207574 · last filed 990-PF for 2025
- ALAN P FOURNIER FAMILY FOUNDATION EIN 20-2015176 · last filed 990-PF for 2024
- INVESTORS CHARITABLE FOUNDATION EIN 20-3743857 · last filed 990-PF for 2025
- YOSHII FAMILY FOUNDATION INC EIN 99-4891909 · last filed 990-PF for 2025
All nonprofits in SUMMIT · New Jersey · Philanthropy, voluntarism and grantmaking foundations