Nonprofit · EIN 54-1824272
ASMC FOUNDATION
Tax-exempt · WASHINGTON, DC 20015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $54,426 | $128,119 | -$73,693 | $888,597 | $1,499 | $887,098 |
| December 31, 2023 | 990-PF | $36,116 | $105,654 | -$69,538 | $961,688 | $897 | $960,791 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,873
- Net gain from sales of assets
- $50,553
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $128,119
- Excise tax on investment income
- $54
Balance sheet and other
- Total assets, start of year
- $961,688
- Total assets, end of year
- $888,597
- Total liabilities, end of year
- $1,499
- Net assets, end of year
- $887,098
- Fair market value of assets
- $920,423
- Qualifying distributions
- $128,119
- Net investment income
- $3,873
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 |
|---|---|---|---|
| GARY CHARTRAND C/O 5225 WISCONSIN AVE NW, WASHINGTON, DC 20015 | CHAIRMAN | 2 | $0 |
| MARK BAUM C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | TRUSTEE/PRES | 2 | $0 |
| DEREK WILSON C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | TRUSTEE | 2 | $0 |
| BARRY C MALONEY C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | SEC/TREASURE | 2 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY CHARTRAND C/O 5225 WISCONSIN AVE NW, WASHINGTON, DC 20015 | CHAIRMAN | 2 | $0 |
| MARK BAUM C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | TRUSTEE/PRES | 2 | $0 |
| DEREK WILSON C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | TRUSTEE | 2 | $0 |
| BARRY C MALONEY C/O 5225 WISCONSIN AVE NW 316, WASHINGTON, DC 20015 | SEC/TREASURE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5225 WISCONSIN AVE NW STE 316, WASHINGTON, DC 20015-2055
- Signed the 990-PF
- BARRY C MALONEY, SEC/TREASURER/ CFO
- Phone
- (202) 293-1414
- Return prepared by
- MICHAEL RINALDI & CO LLP
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
- 54-1824272
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $888,597
- Income (IRS master file)
- $290,766
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $54,426 | $128,119 | $888,597 | IRS |
| 990-PF | December 2023 | $36,116 | $105,654 | $961,688 | 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 54-1824272).
Questions about ASMC FOUNDATION
- What is the EIN of ASMC FOUNDATION?
- The employer identification number (EIN) of ASMC FOUNDATION is 54-1824272.
- Is ASMC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to ASMC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ASMC FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ASMC FOUNDATION 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 ASMC FOUNDATION 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 ASMC FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does ASMC FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $54,426, expenses of $128,119 and total assets of $888,597 at year end.
Other nonprofits in WASHINGTON
- GEORGETOWN UNIVERSITY EIN 53-0196603 · last filed 990 for 2025
- HOWARD UNIVERSITY EIN 53-0204707 · last filed 990 for 2025
- AMERICAN UNIVERSITY EIN 53-0196549 · last filed 990 for 2025
- CATHOLIC UNIVERSITY OF AMERICA EIN 53-0196583 · last filed 990 for 2025
- ASSOCIATION OF AMERICAN MEDICAL COLLEGES EIN 36-2169124 · last filed 990 for 2025
- NATIONAL GEOGRAPHIC SOCIETY EIN 53-0193519 · last filed 990 for 2025
- INTERNATIONAL BACCALAUREATE ORGANIZATION EIN 30-0388800 · last filed 990 for 2025
- KIPP DC PUBLIC CHARTER SCHOOLS EIN 74-2974642 · last filed 990 for 2025
All nonprofits in WASHINGTON · District of Columbia · Education