Nonprofit · EIN 45-2544055
CARES FOUNDATION
Tax-exempt · CARMICHAEL, CA 95608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,874,447 | $1,743,318 | $131,129 | $34,372,984 | $15,138 | $34,357,846 |
| December 31, 2023 | 990-PF | $3,226,395 | $1,963,288 | $1,263,107 | $32,554,244 | $33,527 | $32,520,717 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $884,749
- Net gain from sales of assets
- $989,698
Expenses
- Grants and similar amounts paid
- $1,344,448
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,523,203
- Excise tax on investment income
- $23,164
Balance sheet and other
- Total assets, start of year
- $32,554,244
- Total assets, end of year
- $34,372,984
- Total liabilities, end of year
- $15,138
- Net assets, end of year
- $34,357,846
- Fair market value of assets
- $34,372,984
- Qualifying distributions
- $1,523,203
- Net investment income
- $1,874,447
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 |
|---|---|---|---|
| FRED MEYERS 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | PRESIDENT | 1 | $0 |
| OLIVIA KASIRYE 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | VICE PRESIDENT | 1 | $0 |
| ALICE KESSLER 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | SECRETARY | 1 | $0 |
| JOHN KAY 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | CFO (THRU 1/24) | 1 | $0 |
| ASHLEY BRAND 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| ERIN CABELERA 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| GRACIELA CASTILLO- KRINGS 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| MICHAEL MARTINEZ 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| ROBERT STYRON 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | CFO (AS OF 1/24) | 1 | $0 |
| DANIEL TORRES 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| RONALD WOO 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| RICH POLARD 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER (THRU 01/24) | 1 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED MEYERS 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | PRESIDENT | 1 | $0 |
| OLIVIA KASIRYE 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | VICE PRESIDENT | 1 | $0 |
| ALICE KESSLER 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | SECRETARY | 1 | $0 |
| JOHN KAY 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | CFO | 1 | $0 |
| ASHLEY BRAND 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| ERIN CABELERA 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| GRACIELA CASTILLO- KRINGS 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| MICHAEL MARTINEZ 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| RICHARD POLLARD 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| ROBERT STYRON 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| DANIEL TORRES 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
| RONALD WOO 6920 FAIR OAKS BLVD SUITE 205, CARMICHAEL, CA 95608 | MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6920 FAIR OAKS BLVD STE 205, CARMICHAEL, CA 95608-3361
- In care of
- % BOB STYRON
- Signed the 990-PF
- ROBERT STYRON, CFO
- Phone
- (916) 914-6274
- Website
- WWW.THECARESFOUNDATION.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 45-2544055 or by the name CARES 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)
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
- 45-2544055
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $34,372,984
- Income (IRS master file)
- $8,971,272
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,874,447 | $1,743,318 | $34,372,984 | XML |
| 990-PF | December 2023 | $3,226,395 | $1,963,288 | $32,554,244 | 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 45-2544055).
Questions about CARES FOUNDATION
- What is the EIN of CARES FOUNDATION?
- The employer identification number (EIN) of CARES FOUNDATION is 45-2544055.
- Is CARES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to CARES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARES 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 CARES 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 CARES FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does CARES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,874,447, expenses of $1,743,318 and total assets of $34,372,984 at year end.
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