Nonprofit · EIN 46-2288786
MSI YOUTH FOUNDATION INC
Tax-exempt (reinstated) · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $268,433 | $174,640 | $93,793 | $199,332 | $0 | $199,332 |
| December 31, 2023 | 990-EZ | $196,536 | $81,571 | $114,965 | $112,393 | $6,854 | $105,539 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $268,023
- Program service revenue
- $0
- Investment income
- $410
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,340
- Salaries, compensation and benefits (total)
- $2,340
- Professional fundraising fees
- $0
- Accounting fees
- $3,035
- Occupancy
- $21,000
- Travel
- $1,627
- Depreciation
- $15,264
- Program services (functional)
- $146,758
- Management and general (functional)
- $26,779
- Fundraising (functional)
- $1,103
Balance sheet and other
- Total assets, start of year
- $112,393
- Total assets, end of year
- $199,332
- Total liabilities, end of year
- $0
- Net assets, end of year
- $199,332
- Land, buildings and equipment
- $122,097
- Net assets without donor restrictions
- $199,332
- Gross receipts
- $268,433
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2013
- State of legal domicile
- IN
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 |
|---|---|---|---|
| PRENTICE SIEGEL | DIRECTOR Trustee or director | 1 | $2,341 |
| MAX SIEGEL ESQ | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TRACI LISMON SIEGEL | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN TERRELL | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER SIEGEL-SATTERFIELD | TREASURER Trustee or director, Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRENTICE SIEGEL | DIRECTOR | 1 | $9,937 |
| JOHN TERRELL | DIRECTOR | 1 | $0 |
| MAX SEIGEL ESQ | CHAIRMAN | 1 | $0 |
| TRACI LISMON SIEGEL | SECRETARY | 1 | $0 |
| JENNIFER SIEGEL-SATTERFIELD | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 320 N MERIDIAN ST STE 1006, INDIANAPOLIS, IN 46204-1764
- In care of
- % MAX SIEGEL
- Principal officer (990 for 2024)
- MAX SIEGEL ESQ, 8759 CASTLE PARK DR, INDIANAPOLIS, IN 46256
- Signed the 990
- MAX SIEGEL ESQ, CHAIRMAN
- Phone
- (317) 827-2970
- Website
- MSIYF.ORG
- 990-N for 2022 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: MAX SIEGEL, 8759 CASTLE PARK DR, INDIANAPOLIS IN 46256. Mailing address: 8759 CASTLE PARK DR, INDIANAPOLIS IN 46256.
- Return prepared by
- BLUE & CO LLC
Mission
THE MAX SIEGEL INC. YOUTH FOUNDATION (MSIYF) STRONGLY BELIEVES IN FOSTERING THE EDUCATIONAL AND SPIRITUAL GROWTH OF FUTURE LEADERS THROUGH INSPIRATION. BY UTILIZING SPORTS AND ENTERTAINMENT PLATFORMS, THE FOUNDATION RELIES ON THE SUCCESSES OF SEASONED INDUSTRY LEADERS TO PROVIDE MENTORING AND GUIDANCE TO YOUTH IN OUR COMMUNITY. THROUGH PROGRAMS THAT INSTILL LEADERSHIP VALUES, TRAIN AND PREPARE YOUTH FOR PRODUCTIVE AND HEALTHY LIFESTYLES AS WELL AS TEACH FINANCIAL RESPONSIBILITY, THE FOUNDATION AIMS TO SUPPORT THE NEXT GENERATION OF ESTEEMED LEADERS.
Program accomplishments
- OUR MISSION IS TO REACH AT RISK CHILDREN AND TO PROVIDE THEM HOPE, EMPOWERMENT, AND SHOW THEM THAT REGARDLESS OF THEIR CIRCUMSTANCES, THEY CAN GROW INTO HEALTHY, PRODUCTIVE ADULTS AND HAVE CAREERS IN EXCITING FIELDS. WE DO THIS BY UTILIZING SPORTS AND ENTERTAINMENT PLATFORMS TO EDUCATE THEM, INSTILL LEADERSHIP VALUES, AND TRAIN AND PREPARE THEM FOR SUCCESS. THIS TRAINING IS GEARED TOWARD PRODUCING THE NEXT GENERATION OF SPORTS AND ENTERTAINMENT PROFESSIONALS.ONE OF OUR MOST CELEBRATED WAYS TO DEVELOP SPORTS LEADERS IS THROUGH THE REV RACING MOTOR SPORTS ACADEMY, OUTREACHES IN LOCAL COMMUNITIES HELD BY THOSE WITH THE HIGHEST EXPERTISE WITHIN THE INDUSTRY, TO MENTOR AND EDUCATE STUDENTS. BECAUSE EVERY GREAT LEADER SHOULD HAVE A STRONG FINANCIAL UNDERSTANDING, WE WILL ALSO PROVIDE FINANCIAL LITERACY CLASSES THAT TEACH STUDENTS TO BE FISCALLY RESPONSIBLE.Expenses $146,758
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-EZ on file |
IRS record
- EIN
- 46-2288786
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $199,332
- Income (IRS master file)
- $268,433
Revocation and reinstatement
- Exemption revoked
- May 15, 2017
- Posted by the IRS
- August 16, 2017
- Reinstated
- Effective July 15, 2019
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 | December 2024 | $268,433 | $174,640 | $199,332 | XML |
| 990-EZ | December 2023 | $196,536 | $81,571 | $112,393 | XML |
| 990-N for 2022 Officer: MAX SIEGEL Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: MAX SIEGEL Filed under this EIN, most likely by a chapter or affiliate | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: MAX SIEGEL Filed under this EIN, most likely by a chapter or affiliate | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-2288786).
Questions about MSI YOUTH FOUNDATION INC
- What is the EIN of MSI YOUTH FOUNDATION INC?
- The employer identification number (EIN) of MSI YOUTH FOUNDATION INC is 46-2288786.
- Is MSI YOUTH FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective July 15, 2019.
- Are donations to MSI YOUTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MSI 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 MSI 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 MSI 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 MSI YOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MAX SIEGEL ESQ.
- Who are the officers and directors of MSI YOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $2,341 (PRENTICE SIEGEL, DIRECTOR).
- How much revenue does MSI YOUTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $268,433, expenses of $174,640 and total assets of $199,332 at year end.
Other nonprofits in INDIANAPOLIS
- NATIONAL FFA FOUNDATION INC EIN 54-6044662 · last filed 990 for 2025
- FUTURE FARMERS OF AMERICA STATE ASSOCIATIONS & LOCAL CHAPTER EIN 54-0524844 · last filed 990 for 2025
- GIRL SCOUTS OF CENTRAL INDIANA INC EIN 35-0876381 · last filed 990 for 2025
- BIG BROTHERS BIG SISTERS OF CENTRAL INDIANA INC EIN 35-1323831 · last filed 990 for 2025
- JUST 4 KIDS BOOSTER CLUB EIN 46-3288346 · last filed 990 for 2024
- GIRLS INCORPORATED OF GREATER INDIANAPOLIS EIN 35-1337205 · last filed 990 for 2025
- FBA FOUNDATION INC EIN 88-1391702 · last filed 990 for 2025
- EAST TENTH UNITED METHODIST CHILDREN AND YOUTH CENTER INC EIN 35-1976975 · last filed 990 for 2024
All nonprofits in INDIANAPOLIS · Indiana · Youth development