Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 46-4332395

JACOBIN FOUNDATION LTD

Also known as JACOBIN FOUNDATION

Tax-exempt · BROOKLYN, NY 11217

Financials

$4.1M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of JACOBIN FOUNDATION LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,135,382$4,205,647-$70,265$4,234,837$2,930,710$1,304,127
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,092,320
Program service revenue
$2,982,220
Investment income
$58,383
Net gain from sales of assets
-$45,891
Other revenue
$2,459

Expenses

Grants and similar amounts paid
$570,000
Compensation of officers, directors and key employees
$189,263
Other salaries and wages
$1,141,701
Salaries, compensation and benefits (total)
$1,602,705
Professional fundraising fees
$0
Legal fees
$5
Accounting fees
$63,309
Occupancy
$50,300
Travel
$21,986
Depreciation
$1,802
Program services (functional)
$3,925,803
Management and general (functional)
$252,144
Fundraising (functional)
$27,700

Balance sheet and other

Total assets, start of year
$4,503,768
Total assets, end of year
$4,234,837
Total liabilities, end of year
$2,930,710
Net assets, end of year
$1,304,127
Land, buildings and equipment
$7,141
Net assets without donor restrictions
$1,304,127
Gross receipts
$6,025,061
Employees
27
Volunteers
5
Year formed
2014
State of legal domicile
NY

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.

NameTitleHours / weekCompensationOther / benefits
REMEIKE FORBESVICE PRESIDENT
Trustee or director
35$96,563$8,471
BHASKAR SUNKARAPRESIDENT
Trustee or director, Officer
35$92,200$1,854
ARIELLA THORNHILLTREASURER
Trustee or director
5$0$0
ADRIAN BLEIFUSS PRADOSBOARD MEMBER
Trustee or director
5$0$0
ALEXANDER PAYNEBOARD MEMBER
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
388 ATLANTIC AVE, BROOKLYN, NY 11217-3399
In care of
% BHASKAR SUNKARA
Principal officer (990 for 2024)
BHASKAR SUNKARA, 388 ATLANTIC AVE, BROOKLYN, NY 11217
Signed the 990
BHASKAR SUNKARA, PRESIDENT
Phone
(718) 797-1295
Return prepared by
BNTHAKKAR CPA PC

Mission

PUBLICATIONS AND EVENTS TO FACILITATE CRITICAL DIALOGUE AND EXCHANGE ON ISSUES PERTAINING TO POLITICS, CULTURE, AND ECONOMICS FOR THE BENEFIT OF PUBLIC DISCOURSE ON THOSE ISSUES.

990 for the year ended December 31, 2024

Program accomplishments

  • SUBSCRIPTIONS TO PUBLISHED QUARTERLY PUBLICATIONS AS WELL AS PRODUCED BOOKS, PAMPHLETS, AND OTHER MERCHANDISE IN THE FURTHERANCE OF OUR CORE MISSION. THE ORGANIZATION PERMITS OTHERS TO REPRINTOUR ARTICLES AND SELLS LIMITED ADVERTISEMENTS TO HELP SUBSIDIZE OUR COSTS. THE ORGANIZATION ALSO IS A FISCAL SPONSOR AND PROVIDES GRANTS FOR INVESTIGATIVE JOURNALISM.
    Expenses $3,925,803 · grants $570,000 · revenue $2,984,679

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-4332395
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$4,234,837
Income (IRS master file)
$6,025,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,909,854$3,498,334$4,503,768IRS
990December 2022$4,047,221$4,054,657$2,719,360IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about JACOBIN FOUNDATION LTD

What is the EIN of JACOBIN FOUNDATION LTD?
The employer identification number (EIN) of JACOBIN FOUNDATION LTD is 46-4332395.
Is JACOBIN FOUNDATION LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to JACOBIN FOUNDATION LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JACOBIN FOUNDATION LTD 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 JACOBIN FOUNDATION LTD 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 JACOBIN FOUNDATION LTD 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 JACOBIN FOUNDATION LTD?
The 990 for the year ended December 31, 2024 names BHASKAR SUNKARA.
Who are the officers and directors of JACOBIN FOUNDATION LTD?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $96,563 (REMEIKE FORBES, VICE PRESIDENT).
How much revenue does JACOBIN FOUNDATION LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,135,382, expenses of $4,205,647 and total assets of $4,234,837 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Human services