Nonprofit · EIN 54-1458064
THE EMBA FOUNDATION INCORPORATED
Tax-exempt · LEXINGTON, VA 24450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $20,210 | $10,851 | $9,359 | $152,624 | $0 | $152,624 |
| December 31, 2023 | 990-PF | $16,829 | $15,582 | $1,247 | $143,545 | $0 | $143,545 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,601
- Dividends
- $1,808
- Net gain from sales of assets
- $7,801
Expenses
- Grants and similar amounts paid
- $10,057
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $10,851
- Excise tax on investment income
- $123
Balance sheet and other
- Total assets, start of year
- $143,545
- Total assets, end of year
- $152,624
- Total liabilities, end of year
- $0
- Net assets, end of year
- $152,624
- Fair market value of assets
- $208,871
- Qualifying distributions
- $10,851
- Net investment income
- $9,609
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gloria Smitka 150 Ridgeline Way, Lexington, VA 24450 | Director President | 6 | $0 |
| Michael Smitka 150 Ridgeline Way, Lexington, VA 24450 | Treasurer Director | 3 | $0 |
| Joshua Amayun 1341 N Ashland Ave Apt 2R, Chicago, IL 60622 | Director Secretary | 1 | $0 |
| Milton Amayun 1211 Lee Gardens South, Lee at Shaw Blvd, Mandaluyong, Metro Manila *1550, RP | Director | 2 | $0 |
| Grace Keller 2600 Tysons Parkway, Dardenne Prairie, MO 63368 | Director and VP | 2 | $0 |
| Alyssa Keller 2600 Tysons Parkway, Dardenne Prairie, MO 63368 | Director | 2 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gloria Smitka 150 Ridgeline Way, Lexington, VA 24450 | Director President | 5 | $0 |
| Michael Smitka 150 Ridgeline Way, Lexington, VA 24450 | Treasurer Director | 2 | $0 |
| Joshua Amayun 1341 N Ashland Ave Apt 2R, Chicago, IL 60622 | Director Secretary | 1 | $0 |
| Milton Amayun 1211 Lee Gardens South, Lee at Shaw Blvd, Mandaluyong, 1550, RP | Director | 1 | $0 |
| Clarence Amayun 4070 East 100 North, Kokomo, IN 46901 | Director | 1 | $0 |
| Grace Keller 2600 Tysons Parkway, Dardenne Prairie, MO 63368 | Director and VP | 2 | $0 |
| Alyssa Keller 2600 Tysons Parkway, Dardenne Prairie, MO 63368 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 150 RIDGELINE WAY, LEXINGTON, VA 24450-3450
- In care of
- % GLORIA SMITKA
- Signed the 990-PF
- Michael Smitka, Treasurer
- Phone
- (540) 460-6288
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 | Not 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
- 54-1458064
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $152,624
- Income (IRS master file)
- $20,210
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $20,210 | $10,851 | $152,624 | XML |
| 990-PF | December 2023 | $16,829 | $15,582 | $143,545 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 54-1458064).
Questions about THE EMBA FOUNDATION INCORPORATED
- What is the EIN of THE EMBA FOUNDATION INCORPORATED?
- The employer identification number (EIN) of THE EMBA FOUNDATION INCORPORATED is 54-1458064.
- Is THE EMBA FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE EMBA FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE EMBA FOUNDATION INCORPORATED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE EMBA FOUNDATION INCORPORATED 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 THE EMBA FOUNDATION INCORPORATED 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 THE EMBA FOUNDATION INCORPORATED?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does THE EMBA FOUNDATION INCORPORATED have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $20,210, expenses of $10,851 and total assets of $152,624 at year end.
Other nonprofits in LEXINGTON
- WASHINGTON & LEE UNIVERSITY EIN 54-0505977 · last filed 990 for 2025
- VMI FOUNDATION EIN 54-0505966 · last filed 990 for 2025
- LEXINGTON RETIREMENT COMMUNITY INC EIN 54-1795871 · last filed 990 for 2025
- ROCKBRIDGE AREA FREE CLINIC EIN 54-1642220 · last filed 990 for 2026
- V M I KEYDET CLUB EIN 52-1300039 · last filed 990 for 2025
- VIRGINIA HORSE CENTER FOUNDATION EIN 52-1388640 · last filed 990 for 2025
- SIGMA NU EDUCATIONAL FOUNDATION INC EIN 54-6035735 · last filed 990 for 2025
- SIGMA NU FRATERNITY INC EIN 54-0628798 · last filed 990 for 2025