Nonprofit · EIN 47-1497577
AINI FAMILY FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11223
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $630,398 | $189,245 | $441,153 | $447,787 | $8,175 | $439,612 |
| May 31, 2024 | 990 | $207,480 | $195,841 | $11,639 | $1,435 | $2,976 | -$1,541 |
| May 31, 2023 | 990 | $246,884 | $221,064 | $25,820 | $8,457 | $21,637 | -$13,180 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $630,020
- Program service revenue
- $378
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $162,189
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Program services (functional)
- $187,105
- Management and general (functional)
- $2,140
Balance sheet and other
- Total assets, start of year
- $1,435
- Total assets, end of year
- $447,787
- Total liabilities, end of year
- $8,175
- Net assets, end of year
- $439,612
- Net assets without donor restrictions
- $439,612
- Gross receipts
- $630,398
- Employees
- 0
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT AINI | DIRECTOR Officer | – | $0 |
| JACK AINI | DIRECTOR Officer | – | $0 |
| JOEY AINI | DIRECTOR Officer | – | $0 |
990 for the year ended May 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT AINI | DIRECTOR Officer | – | $0 |
| JACK AINI | DIRECTOR Officer | – | $0 |
| JOEY AINI | DIRECTOR Officer | – | $0 |
990 for the year ended May 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT AINI | DIRECTOR Officer | – | $0 |
| JACK AINI | DIRECTOR Officer | 1 | $0 |
| JOEY AINI | DIRECTOR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2615 CONEY ISLAND AVE, BROOKLYN, NY 11223-5501
- Principal officer (990 for 2024)
- JACK AINI, 2218 EAST THIRD STREET, BROOKLYN, NY 11223
- Signed the 990
- JACK AINI, DIRECTOR
- Phone
- (718) 265-1544
- Return prepared by
- RAISMAN CPA PC
Mission
ACCEPT CHARITABLE GIFTS, BEQUESTS,GRANTS AND CONTRIBUTIONS TO HELP FUND OTHER NON PROFITS THAT ARE EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE.
Program accomplishments
- DONATIONS TO EXEMPT 501(C)3 ORGANIZATIONSExpenses $187,105 · grants $162,189 · revenue $378
- DONATIONS TO EXEMPT 501(C)3 ORGANIZATIONS
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1497577
- 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
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $447,787
- Income (IRS master file)
- $630,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $630,398 | $189,245 | $447,787 | XML |
| 990 | May 2024 | $207,480 | $195,841 | $1,435 | XML |
| 990 | May 2023 | $246,884 | $221,064 | $8,457 | XML |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990-EZ | May 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 47-1497577).
Questions about AINI FAMILY FOUNDATION INC
- What is the EIN of AINI FAMILY FOUNDATION INC?
- The employer identification number (EIN) of AINI FAMILY FOUNDATION INC is 47-1497577.
- Is AINI FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to AINI FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AINI FAMILY 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 AINI FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AINI FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of AINI FAMILY FOUNDATION INC?
- The 990 for the year ended May 31, 2025 names JACK AINI.
- Who are the officers and directors of AINI FAMILY FOUNDATION INC?
- The 990 for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does AINI FAMILY FOUNDATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $630,398, expenses of $189,245 and total assets of $447,787 at year end.
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