Skip to main content

Nonprofit · EIN 56-2450721

PROSPECT PARK SOUTH CHARITABLE TRUST

Also known as Prospect Park South Association

Tax-exempt (reinstated) · BROOKLYN, NY 11218

Financials

$99K$110K2022$53K$96K2023$136K$107K2024
Revenue Expenses · by fiscal year end
Financials of PROSPECT PARK SOUTH CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990-EZ$135,952$107,150$28,802$67,819$5,475$62,344
February 29, 2024990-EZ$52,888$96,210-$43,322$37,667$4,125$33,542
February 28, 2023990-EZ$98,559$110,354-$11,795$82,248$5,384$76,864
Financial details: 990-EZ for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$8,250
Membership dues
$127,699
Program service revenue
$0
Investment income
$0
Other revenue
$3

Expenses

Benefits paid to members
$98,503
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,350
Other expenses
$7,297
Program services (functional)
$98,502

Balance sheet and other

Total assets, start of year
$37,667
Total assets, end of year
$67,819
Total liabilities, end of year
$5,475
Net assets, end of year
$62,344
Cash, savings and investments
$58,218
Gross receipts
$135,952

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-EZ for the year ended February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
ESTA BIGLERPRESIDENT5$0
NATHAN THOMPSONVICE-PRESIDENT5$0
MICHAEL GANTCHERTREASURER5$0
RON KLEINHANDLERSECRETARY5$0
MICHAEL SCHERZCOUNSEL5$0
990-EZ for the year ended February 29, 2024: 5 people
NameTitleHours / weekCompensation
ESTA BIGLERPRESIDENT5$0
NATHAN THOMPSONVICE-PRESIDENT5$0
MICHAEL GANTCHERTREASURER5$0
RON KLEINHANDLERSECRETARY5$0
MICHAEL SCHERZCOUNSEL5$0
990-EZ for the year ended February 28, 2023: 5 people
NameTitleHours / weekCompensation
ESTA BIGLERPRESIDENT5$0
NATHAN THOMPSONVICE-PRESIDENT5$0
MICHAEL GANTCHERTREASURER5$0
RON KLEINHANDLERSECRETARY5$0
MICHAEL SCHERZCOUNSEL5$0

Address and contacts

Address (IRS master file)
92 ARGYLE RD, BROOKLYN, NY 11218-2904
In care of
% TREASURER
Mailing address (990-N for 2013)
1103 Albemarle Road, Brooklyn NY 11218
Principal officer (990-N for 2013)
Chris Swihart, 85 Argyle Road, Brooklyn NY 11218
Signed the 990-EZ
ESTA BIGLER, PRESIDENT
Phone
(718) 946-7301
Return prepared by
PAUL A WEINTRAUB CPA

Mission

1- FOSTER PUBLIC SPIRIT AND CIVIC PRIDE IN THE COMMUNITY, AND TO FOSTER, PROMOTE AND SECURE A SPIRIT OF GOOD WILL AND NEIGHBORLY FEELING AMONG THE MEMBERS. 2- CARE OF PUBLIC MALLS - PROSPECT PARK SOUTH

990-EZ for the year ended February 28, 2025

Program accomplishments

  • TO FOSTER PUBLIC SPIRIT AND CIVIC PRIDE IN THE COMMUNITY, AND TO FOSTER, PROMOTE AND SECURE A SPIRIT OF GOOD WILL AND NEIGHBORLY FEELING AMONG THE MEMBERS.
    Expenses $79,002 · grants $79,002
  • TO CARE FOR MALLS IN THE PROSPECT PARK SOUTH COMMUNITY.
    Expenses $19,500 · grants $19,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990-EZ on file
2023February 29, 2024July 15, 2024990-EZ on file

IRS record

EIN
56-2450721
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
February
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C34)
Assets (IRS master file)
$67,819
Income (IRS master file)
$135,952

Revocation and reinstatement

Exemption revoked
August 15, 2011
Posted by the IRS
May 14, 2012
Reinstated
Effective August 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZFebruary 2025$135,952$107,150$67,819XML
990-EZFebruary 2024$52,888$96,210$37,667XML
990-EZFebruary 2023$98,559$110,354$82,248XML
990-EZFebruary 2022–––IRS
990-EZFebruary 2021–––IRS
990-EZFebruary 2020–––IRS
990-EZFebruary 2019–––IRS
990-EZFebruary 2018–––IRS
990-N for 2013
Officer: Chris Swihart
February 28, 2014≤ $50,000 receipts––e-Postcard

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 56-2450721).

Questions about PROSPECT PARK SOUTH CHARITABLE TRUST

What is the EIN of PROSPECT PARK SOUTH CHARITABLE TRUST?
The employer identification number (EIN) of PROSPECT PARK SOUTH CHARITABLE TRUST is 56-2450721.
Is PROSPECT PARK SOUTH CHARITABLE TRUST tax-exempt?
Yes. The IRS revoked its exemption on August 15, 2011 and reinstated it effective August 15, 2011.
Are donations to PROSPECT PARK SOUTH CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROSPECT PARK SOUTH CHARITABLE TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROSPECT PARK SOUTH CHARITABLE TRUST due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROSPECT PARK SOUTH CHARITABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended February 2025.
Who is the principal officer of PROSPECT PARK SOUTH CHARITABLE TRUST?
The 990-N for 2013 names Chris Swihart.
Who are the officers and directors of PROSPECT PARK SOUTH CHARITABLE TRUST?
The 990-EZ for the year ended February 28, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does PROSPECT PARK SOUTH CHARITABLE TRUST have?
On its 990-EZ for the year ended February 28, 2025 it reported revenue of $135,952, expenses of $107,150 and total assets of $67,819 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Environment