Nonprofit · EIN 47-4442570
OCTOBER MOUNTAIN FOUNDATION INC
Tax-exempt · LYNBROOK, NY 11563
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,084,799 | $5,089,230 | -$3,004,431 | $27,002,733 | $0 | $27,002,733 |
| December 31, 2024 | 990-PF | $12,009,966 | $2,554,533 | $9,455,433 | $29,876,263 | $0 | $29,876,263 |
| December 31, 2023 | 990-PF | $718,616 | $2,341,340 | -$1,622,724 | $20,420,830 | $0 | $20,420,830 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $150,000
- Dividends
- $805,878
- Interest
- $6,700
- Net gain from sales of assets
- $1,048,716
- Other income
- $73,505
Expenses
- Grants and similar amounts paid
- $4,879,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $4,928,314
- Excise tax on investment income
- $25,282
Balance sheet and other
- Total assets, start of year
- $29,876,263
- Total assets, end of year
- $27,002,733
- Total liabilities, end of year
- $0
- Net assets, end of year
- $27,002,733
- Fair market value of assets
- $32,595,743
- Qualifying distributions
- $4,928,314
- Net investment income
- $1,934,799
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 |
|---|---|---|---|
| CAROL DAVIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR AND PRESIDENT | 0.5 | $0 |
| JOEL I MARCUS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR AND TREASURER | 0.5 | $0 |
| JACOB MARGOLIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR | 0.75 | $0 |
| LEILA MARGOLIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR | 0.75 | $0 |
| KATHERINE MALONE 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR | 0.5 | $0 |
| MICHAEL MCGINNIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL DAVIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE AND PRESIDENT | 0.5 | $0 |
| JOEL I MARCUS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE AND TREASURER | 0.5 | $0 |
| JACOB MARGOLIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE | 0.75 | $0 |
| LEILA MARGOLIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE | 0.75 | $0 |
| KATHERINE MALONE 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE | 0.5 | $0 |
| MICHAEL MCGINNIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL DAVIS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE AND PRESIDENT | 0.5 | $0 |
| JOEL I MARCUS 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563 | TRUSTEE AND TREASURER | 0.5 | $0 |
| JACOB MARGOLIS 2612 QUEEN ANNE AVENUE NORTH, SEATTLE, WA 98109 | TRUSTEE | 0.75 | $0 |
| LEILA MARGOLIS 2612 QUEEN ANNE AVENUE NORTH, SEATTLE, WA 98109 | TRUSTEE | 0.75 | $0 |
| KATHERINE MALONE 198 6TH AVENUE UNIT 1, BROOKLYN, NY 11217 | TRUSTEE | 0.5 | $0 |
| MICHAEL MCGINNIS 198 6TH AVENUE UNIT 1, BROOKLYN, NY 11217 | TRUSTEE | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- CO GOLDGRAB 46 STAUDERMAN AVENUE, LYNBROOK, NY 11563-0000
- Signed the 990-PF
- CAROL DAVIS, PRESIDENT
- Phone
- (516) 908-7770
- Return prepared by
- GOLDGRAB CPA PLLC
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
- 47-4442570
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $27,002,733
- Income (IRS master file)
- $10,757,054
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $718,616 | $2,341,340 | $20,420,830 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 OCTOBER MOUNTAIN FOUNDATION INC
- What is the EIN of OCTOBER MOUNTAIN FOUNDATION INC?
- The employer identification number (EIN) of OCTOBER MOUNTAIN FOUNDATION INC is 47-4442570.
- Is OCTOBER MOUNTAIN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to OCTOBER MOUNTAIN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OCTOBER MOUNTAIN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OCTOBER MOUNTAIN 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 OCTOBER MOUNTAIN FOUNDATION INC 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 OCTOBER MOUNTAIN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does OCTOBER MOUNTAIN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,084,799, expenses of $5,089,230 and total assets of $27,002,733 at year end.
Other nonprofits in LYNBROOK
- QUINN MADELEINE INC EIN 46-5561421 · last filed 990-N for 2023
- HATS AND PEAS INC EIN 47-4323478 · last filed 990-N for 2025
- STAR MOORING FOUNDATION INC EIN 93-1797402 · last filed 990-PF for 2025
- THE PIXLEY HILL FOUNDATION INC EIN 47-2936801 · last filed 990-PF for 2025
- NEW YORK CITY RETIREES HEALTH & WELFARE FUND EIN 51-0146783 · last filed 990 for 2024
- NYC MUNICIPAL PLUMBERS & PIPEFITTERS HEALTH & WELFARE FUND EIN 51-0243714 · last filed 990 for 2024
- NATHAN HALE HOUSING COMPANY INC EIN 11-2256380 · last filed 990 for 2026
- IN HIS IMAGE EIN 13-7120573 · last filed 990 for 2024
All nonprofits in LYNBROOK · New York · Philanthropy, voluntarism and grantmaking foundations