Nonprofit · EIN 41-1891595
ACORN FOUNDATION
Tax-exempt · CHANHASSEN, MN 55317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $127,913 | $310,997 | -$183,084 | $4,194,465 | $50 | $4,194,415 |
| December 31, 2023 | 990-PF | $107,593 | $299,294 | -$191,701 | $4,377,549 | $50 | $4,377,499 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $121,995
- Net gain from sales of assets
- $5,918
Expenses
- Grants and similar amounts paid
- $235,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $19,200
- Disbursements for charitable purposes
- $259,968
- Excise tax on investment income
- $1,069
Balance sheet and other
- Total assets, start of year
- $4,377,549
- Total assets, end of year
- $4,194,465
- Total liabilities, end of year
- $50
- Net assets, end of year
- $4,194,415
- Fair market value of assets
- $4,444,207
- Qualifying distributions
- $259,968
- Net investment income
- $127,913
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 |
|---|---|---|---|
| SHIRLEY SHELDON 350 PLEASANT VIEW RD, CHANHASSEN, MN 55317 | PRESIDENT/SECRETARY | 0 | $0 |
| DAN SHELDON 350 PLEASANT VIEW RD, CHANHASSEN, MN 55317 | VICE PRESIDENT | 0 | $0 |
| MATTHEW HANSON 121 VALLEY DR, SANTA FE, NM 87501 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHIRLEY SHELDON 350 PLEASANT VIEW RD, CHANHASSEN, MN 55317 | PRESIDENT/SECRETARY | 0 | $0 |
| DAN SHELDON 350 PLEASANT VIEW RD, CHANHASSEN, MN 55317 | VICE PRESIDENT | 0 | $0 |
| MATTHEW HANSON 121 VALLEY DR, SANTA FE, NM 87501 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 350 PLEASANT VIEW RD, CHANHASSEN, MN 55317-9524
- In care of
- % VICTORS VAIVODISS
- Signed the 990-PF
- SHIRLEY SHELDON, PRESIDENT
- Phone
- (952) 201-6079
- Return prepared by
- ELLINGSON & ELLINGSON LTD
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
- 41-1891595
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $4,194,465
- Income (IRS master file)
- $2,101,079
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $127,913 | $310,997 | $4,194,465 | XML |
| 990-PF | December 2023 | $107,593 | $299,294 | $4,377,549 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 ACORN FOUNDATION
- What is the EIN of ACORN FOUNDATION?
- The employer identification number (EIN) of ACORN FOUNDATION is 41-1891595.
- Is ACORN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to ACORN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ACORN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ACORN 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 ACORN 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 ACORN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does ACORN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $127,913, expenses of $310,997 and total assets of $4,194,465 at year end.
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