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Nonprofit · EIN 47-5210311

KUSPIT FAMILY FOUNDATION INC

Tax-exempt · HACKENSACK, NJ 07601

Financials

$10K$8K2023$25K$20K2024
Revenue Expenses · by fiscal year end
Financials of KUSPIT FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$25,069$19,715$5,354$362,380$0$362,380
December 31, 2023990-PF$9,758$7,983$1,775$357,026$0$357,026
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$5,771
Interest
$2
Net gain from sales of assets
$19,296

Expenses

Grants and similar amounts paid
$10,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$10,000
Excise tax on investment income
$213

Balance sheet and other

Total assets, start of year
$357,026
Total assets, end of year
$362,380
Total liabilities, end of year
$0
Net assets, end of year
$362,380
Fair market value of assets
$394,608
Qualifying distributions
$10,000
Net investment income
$25,069

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
DONALD B KUSPIT
140 PROSPECT AVENUE, HACKENSACK, NJ 07601
DIRECTOR1$0
STEFFI SALVATORE
10909 MONTROSE AVENUE PO BOX 293, GARRETT PARK, MD 20896
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
DONALD B KUSPIT
140 PROSPECT AVENUE, HACKENSACK, NJ 07601
DIRECTOR0$0
STEFFI SALVATORE
10909 MONTROSE AVENUE PO BOX 293, GARRETT PARK, MD 20896
DIRECTOR0$0

Address and contacts

Address (IRS master file)
140 PROSPECT AVE APT 6C, HACKENSACK, NJ 07601-2246
In care of
% DONALD KUSPIT
Signed the 990-PF
DONALD KUSPIT, DIRECTOR
Phone
(929) 231-6435
Return prepared by
SACKS PRESS & LACHER 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-5210311
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$362,380
Income (IRS master file)
$98,132

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$25,069$19,715$362,380IRS
990-PFDecember 2023$9,758$7,983$357,026XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 47-5210311).

Questions about KUSPIT FAMILY FOUNDATION INC

What is the EIN of KUSPIT FAMILY FOUNDATION INC?
The employer identification number (EIN) of KUSPIT FAMILY FOUNDATION INC is 47-5210311.
Is KUSPIT FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to KUSPIT FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KUSPIT FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KUSPIT FAMILY 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 KUSPIT FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KUSPIT FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does KUSPIT FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $25,069, expenses of $19,715 and total assets of $362,380 at year end.

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