Nonprofit · EIN 46-4128862
OKANE FAMILY FOUNDATION
Tax-exempt · MONTCLAIR, NJ 07042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $473,505 | $706,498 | -$232,993 | $4,822,682 | $0 | $4,822,682 |
| December 31, 2024 | 990-PF | $241,829 | $380,952 | -$139,123 | $5,065,071 | $0 | $5,065,071 |
| December 31, 2023 | 990-PF | $500,020 | $781,564 | -$281,544 | $5,204,951 | $0 | $5,204,951 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $89,667
- Interest
- $63,199
- Net gain from sales of assets
- $320,639
Expenses
- Grants and similar amounts paid
- $654,946
- Disbursements for charitable purposes
- $656,467
- Excise tax on investment income
- $5,886
Balance sheet and other
- Total assets, start of year
- $5,065,071
- Total assets, end of year
- $4,822,682
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,822,682
- Fair market value of assets
- $8,241,208
- Qualifying distributions
- $656,467
- Net investment income
- $473,505
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
| MARGARET O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
| MARGARET O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
| MARGARET O'KANE 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042 | Trustee | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 153 S MOUNTAIN AVE, MONTCLAIR, NJ 07042-1720
- In care of
- % KEVIN AND MARGARET OKANE
- Signed the 990-PF
- KEVIN O'KANE, Trustee
- Phone
- (973) 746-1887
- Return prepared by
- Homler & Homler CPAS PC
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 | 990-PF 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
- 46-4128862
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $4,822,682
- Income (IRS master file)
- $1,644,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $473,505 | $706,498 | $4,822,682 | IRS |
| 990-PF | December 2024 | $241,829 | $380,952 | $5,065,071 | IRS |
| 990-PF | December 2023 | $500,020 | $781,564 | $5,204,951 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 46-4128862).
Questions about OKANE FAMILY FOUNDATION
- What is the EIN of OKANE FAMILY FOUNDATION?
- The employer identification number (EIN) of OKANE FAMILY FOUNDATION is 46-4128862.
- Is OKANE FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to OKANE FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OKANE FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OKANE FAMILY FOUNDATION 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 OKANE FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of OKANE FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does OKANE FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $473,505, expenses of $706,498 and total assets of $4,822,682 at year end.
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