Skip to main content

Nonprofit · EIN 55-0718768

TOUMA FOUNDATION INC

Tax-exempt · HUNTINGTON, WV 25701

Financials

$6K$71K2023$60K$61K2024
Revenue Expenses · by fiscal year end
Financials of TOUMA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$60,007$61,231-$1,224$907,974$0$907,974
December 31, 2023990-PF$5,903$70,767-$64,864$909,198$0$909,198
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$15,639
Interest
$6,281
Net gain from sales of assets
$37,885
Other income
$202

Expenses

Grants and similar amounts paid
$50,100
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$50,100
Excise tax on investment income
$728

Balance sheet and other

Total assets, start of year
$909,198
Total assets, end of year
$907,974
Total liabilities, end of year
$0
Net assets, end of year
$907,974
Fair market value of assets
$1,052,436
Qualifying distributions
$50,100
Net investment income
$60,007

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
JOSEPH B TOUMA MD
655 WHITAKER BLVD WEST APT 701, HUNTINGTON, WV 25701
DIRECTOR3$0
OMAYMA T TOUMA MD
655 WHITAKER BLVD WEST APT 701, HUNTINGTON, WV 25701
DIRECTOR3$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JOSEPH B TOUMA MD
655 WHITAKER BLVD WEST APT 701, HUNTINGTON, WV 25701
DIRECTOR3$0
OMAYMA T TOUMA MD
655 WHITAKER BLVD WEST APT 701, HUNTINGTON, WV 25701
DIRECTOR3$0

Address and contacts

Address (IRS master file)
911 3RD AVE STE 210, HUNTINGTON, WV 25701-1499
In care of
% JOSEPH B TOUMA
Signed the 990-PF
JOSEPH B TOUMA MD, PRESIDENT
Phone
(304) 522-8800
Return prepared by
BAKER TILLY ADVISORY GROUP LP

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
55-0718768
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
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$907,974
Income (IRS master file)
$325,350

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$60,007$61,231$907,974IRS
990-PFDecember 2023$5,903$70,767$909,198XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 55-0718768).

Questions about TOUMA FOUNDATION INC

What is the EIN of TOUMA FOUNDATION INC?
The employer identification number (EIN) of TOUMA FOUNDATION INC is 55-0718768.
Is TOUMA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to TOUMA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TOUMA FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of TOUMA 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 TOUMA 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 TOUMA 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 TOUMA FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $60,007, expenses of $61,231 and total assets of $907,974 at year end.

Other nonprofits in HUNTINGTON

All nonprofits in HUNTINGTON · West Virginia