Nonprofit · EIN 46-2089803
SOLLYS WAY FOUNDATION INC
Tax-exempt (reinstated) · LAKE ZURICH, IL 60047
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $38,427 | $36,085 | $2,342 | $251,948 | $2,347 | $249,601 |
| December 31, 2024 | 990-EZ (amended) | $37,374 | $32,423 | $4,951 | $249,606 | $2,347 | $247,259 |
| December 31, 2024 | 990-PF | $37,374 | $32,423 | $4,951 | $249,606 | $2,347 | $247,259 |
| December 31, 2023 | 990-EZ | $43,011 | $32,703 | $10,308 | $242,309 | $0 | $242,309 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $25,000
- Investment income
- $13,427
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $10,096
- Occupancy
- $1,146
- Other expenses
- $24,843
Balance sheet and other
- Total assets, start of year
- $249,606
- Total assets, end of year
- $251,948
- Total liabilities, end of year
- $2,347
- Net assets, end of year
- $249,601
- Cash, savings and investments
- $251,948
- Gross receipts
- $38,427
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARYN DELAURENTIS | PRESIDENT | 5 | $0 |
| ANTHONY DELAURENTIS | CHAIRMAN | 1 | $0 |
| STACEY HARDING | VICE PRESIDENT | 1 | $0 |
| RIANNA DELAURENTIS | TREASURER | 1 | $0 |
| NATALIE DELAURENTIS | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARYN DELAURENTIS | DIRECTOR | 5 | $0 |
| ANTHONY DELAURENTIS | DIRECTOR | 1 | $0 |
| STACEY HARDING | DIRECTOR | 1 | $0 |
| RIANNA DELAURENTIS | DIRECTOR | 1 | $0 |
| NATALIE DELAURENTIS | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARYN DELAURENTIS 830 W ROUTE 22 STE 254, LAKE ZURICH, IL 60047 | DIRECTOR | 5 | $0 |
| ANTHONY DELAURENTIS 830 W ROUTE 22 STE 254, LAKE ZURICH, IL 60047 | DIRECTOR | 1 | $0 |
| STACEY HARDING 830 W ROUTE 22 STE 254, LAKE ZURICH, IL 60047 | DIRECTOR | 1 | $0 |
| RIANNA DELAURENTIS 830 W ROUTE 22 STE 254, LAKE ZURICH, IL 60047 | DIRECTOR | 1 | $0 |
| NATALIE DELAURENTIS 830 W ROUTE 22 STE 254, LAKE ZURICH, IL 60047 | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARYN DELAURENTIS | DIRECTOR | 5 | $0 |
| ANTHONY DELAURENTIS | DIRECTOR | 1 | $0 |
| STACEY HARDING | DIRECTOR | 1 | $0 |
| RIANNA DELAURENTIS | DIRECTOR | 1 | $0 |
| NATALIE DELAURENTIS | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 830 W ROUTE 22 254, LAKE ZURICH, IL 60047-0000
- Signed the 990-EZ
- ANTHONY DELAURENTIS, CHAIRMAN
- Phone
- (847) 774-0214
- Website
- SOLLYSWAY.ORG
- Return prepared by
- EAG CHICAGO NORTHWEST LLC
Mission
PROVIDING COLLEGE SCHOLARSHIPS TO STUDENTS WHO HAVE LOST A PARENT OR GUARDIAN
Program accomplishments
- FUNDING COLLEGE SCHOLARSHIPgrants $20,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-2089803
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $251,948
- Income (IRS master file)
- $38,427
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- August 8, 2016
- Reinstated
- Effective May 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $38,427 | $36,085 | $251,948 | XML |
| 990-EZ | December 2024 | $37,374 | $32,423 | $249,606 | XML |
| 990-PF | December 2024 | $37,374 | $32,423 | $249,606 | IRS |
| 990-EZ | December 2023 | $43,011 | $32,703 | $242,309 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 46-2089803).
Questions about SOLLYS WAY FOUNDATION INC
- What is the EIN of SOLLYS WAY FOUNDATION INC?
- The employer identification number (EIN) of SOLLYS WAY FOUNDATION INC is 46-2089803.
- Is SOLLYS WAY FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to SOLLYS WAY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOLLYS WAY FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOLLYS WAY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOLLYS WAY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of SOLLYS WAY FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SOLLYS WAY FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $38,427, expenses of $36,085 and total assets of $251,948 at year end.
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