Nonprofit · EIN 45-0930833
PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC
Tax-exempt · PASSAIC, NJ 07055
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $182,393 | $105,772 | $76,621 | $413,405 | $0 | $413,405 |
| December 31, 2023 | 990 | $183,634 | $76,485 | $107,149 | $336,784 | $0 | $336,784 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $38,853
- Program service revenue
- $0
- Investment income
- $82,835
- Net income from fundraising events
- $60,705
- Other revenue
- $60,705
Expenses
- Grants and similar amounts paid
- $103,601
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $103,601
- Management and general (functional)
- $2,171
Balance sheet and other
- Total assets, start of year
- $336,784
- Total assets, end of year
- $413,405
- Total liabilities, end of year
- $0
- Net assets, end of year
- $413,405
- Net assets without donor restrictions
- $413,405
- Gross unrelated business income
- $82,835
- Gross receipts
- $243,764
- Employees
- 0
- Volunteers
- 80
- Year formed
- 2011
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| DANIEL SHERIDAN | President Trustee Trustee or director, Officer | 2 | $0 |
| JOHN CIUPPA | TreasurerTrustee Trustee or director, Officer | 2 | $0 |
| JEROME F GALLAGHER JR | TrusteeCorresponding Trustee or director, Officer | 2 | $0 |
| CARLIST CREECH | Trustee Trustee or director | 2 | $0 |
| JAMES MALISSA | Trustee Trustee or director | 2 | $0 |
| JUAN IZAGUIRRE | Trustee Trustee or director | 2 | $0 |
| GERMAINE GIBSON | First Vice President Officer | 2 | $0 |
| JASON SCOTTI | Second Vice President Officer | 2 | $0 |
| ESMERALDA CABRERA | Recording Secretary Officer | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL SHERIDAN | President Trustee Trustee or director, Officer | – | $0 |
| GERMAINE GIBSON | First Vice President Officer | – | $0 |
| JASON SCOTTI | Second Vice President Officer | – | $0 |
| JOHN CIUPPA | TreasurerTrustee Trustee or director, Officer | – | $0 |
| ESMERALDA CABRERA | Recording Secretary Officer | – | $0 |
| JEROME GALLAGHER | TrusteeCorresponding Trustee or director, Officer | – | $0 |
| CARLIST CREECH | Trustee Trustee or director | – | $0 |
| JAMES MALISSA | Trustee Trustee or director | – | $0 |
| JUAN IZAGUIRRE | Trustee Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1644, PASSAIC, NJ 07055-1644
- In care of
- % DANIEL SHERIDAN
- Principal officer (990 for 2024)
- Dan Sheridan, PO Box 1644, Passaic, NJ 07055
- Signed the 990
- DANIEL SHERIDAN, President
Mission
Grant scholarships to deserving students in Passic area
Program accomplishments
- Scholarship dinner - fund raiserExpenses $21,913 · revenue $36,884
- Golf outing fundraiserExpenses $12,380 · revenue $33,112
- Beefsteak dinner - fundraiserExpenses $13,420 · revenue $31,452
- Fund raiserExpenses $13,658 · revenue $20,628
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
- 45-0930833
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $413,405
- Income (IRS master file)
- $243,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $182,393 | $105,772 | $413,405 | XML |
| 990 | December 2023 | $183,634 | $76,485 | $336,784 | XML |
| 990 | December 2022 | $39,789 | $77,971 | $229,635 | IRS |
| 990 | December 2021 | – | – | – | 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 45-0930833).
Questions about PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC
- What is the EIN of PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC?
- The employer identification number (EIN) of PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC is 45-0930833.
- Is PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC 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 PASSAIC OPTIMIST FRIEND OF YOUTH 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 PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC 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 PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Dan Sheridan.
- Who are the officers and directors of PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $182,393, expenses of $105,772 and total assets of $413,405 at year end.
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