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Nonprofit · EIN 59-2323680

NALITH INC

Tax-exempt · BOCA RATON, FL 33498

Financials

$232K$255K2021$219K$249K2023$330K$270K2024
Revenue Expenses · by fiscal year end
Financials of NALITH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$329,613$269,701$59,912$6,844,109$0$6,844,109
December 31, 2023990-PF (amended)$218,747$249,211-$30,464$6,106,519$0$6,106,519
December 31, 2021990-PF$232,443$255,010-$22,567$6,719,336$0$6,719,336
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$159,736
Interest
$2,969
Net gain from sales of assets
$166,908

Expenses

Grants and similar amounts paid
$105,500
Compensation of officers, directors and key employees
$120,920
Disbursements for charitable purposes
$162,986
Excise tax on investment income
$3,098

Balance sheet and other

Total assets, start of year
$6,106,519
Total assets, end of year
$6,844,109
Total liabilities, end of year
$0
Net assets, end of year
$6,844,109
Qualifying distributions
$162,986
Net investment income
$329,613

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
MICHAEL TUCKER
312 F SOUTHEY AVENUE, ALTOONA, PA 16602
PRESIDENT20$90,920
HIAM KARP
15741 SW 83RD AVE, MIAMI, FL 33157
DIRECTOR10$10,000
CYNTHIA COWEN
3459 HAWKHILL TRAIL, TALLAHASSEE, FL 32312
DIRECTOR10$10,000
JOYCE DIBENEDETTO-COLTIN
12895 NW 214 TERRACE, HIGH SPRINGS, FL 32643
DIRECTOR10$10,000
JOYCE DIBENEDETTO-COLTON
12895 NW 214TH TERRACE, HIGH SPRINGS, FL 32643
DIRECTOR10$0
DAVID M GLASSBERG ESQ
13611 S DIXIE HIGHWAY, MIAMI, FL 33176
DIRECTOR10$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL TUCKER
312 F SOUTHEY AVENUE, ALTOONA, PA 16602
PRESIDENT20$0
HIAM KARP
15741 SW 83RD AVE, MIAMI, FL 33157
DIRECTOR10$0
JOYCE DIBENEDETTO-COLTON
12895 NW 214TH TERRACE, HIGH SPRINGS, FL 32643
DIRECTOR10$0
DAVID M GLASSBERG ESQ
13611 S DIXIE HIGHWAY, MIAMI, FL 33176
DIRECTOR10$0
CYNTHIA COWEN
3459 HAWKHILL TRAIL, TALLAHASSEE, FL 32312
DIRECTOR10$0
JOYCE DIBENEDETTO-COLTIN
12895 NW 214 TERRACE, HIGH SPRINGS, FL 32643
DIRECTOR10$0
990-PF for the year ended December 31, 2021: 5 people
NameTitleHours / weekCompensation
MICHAEL TUCKER
312 F SOUTHEY AVENUE, ALTOONA, PA 16602
PRESIDENT0$78,518
DAVID M GLASSBERG ESQ
13611 S DIXIE HIGHWAY, MIAMI, FL 33176
DIRECTOR0$20,000
HIAM KARP
15741 SW 83RD AVE, MIAMI, FL 33157
DIRECTOR0$9,000
JOYCE DIBENEDETTO-COLTON
12895 NW 214TH TERRACE, HIGH SPRINGS, FL 32643
DIRECTOR0$9,000
CYNTHIA COWEN
3459 HAWKHILL TRAIL, TALLAHASSEE, FL 32312
DIRECTOR0$9,000

Address and contacts

Address (IRS master file)
20423 STATE ROAD 7 STE F6 PMB 295, BOCA RATON, FL 33498-6792
In care of
% DAVID GLASSBERG
Signed the 990-PF
DAVID M GLASSBERG ESQ, DIRECTOR
Phone
(305) 669-9535
Return prepared by
MICHAEL K FISH LLC

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
59-2323680
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
1985
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,844,109
Income (IRS master file)
$329,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$329,613$269,701$6,844,109XML
990-PFDecember 2023$218,747$249,211$6,106,519XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$232,443$255,010$6,719,336XML
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 59-2323680).

Questions about NALITH INC

What is the EIN of NALITH INC?
The employer identification number (EIN) of NALITH INC is 59-2323680.
Is NALITH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to NALITH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NALITH INC file?
Form 990-PF. Private foundations file every year.
When is the next return of NALITH 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 NALITH 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 NALITH INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 4 received compensation from the organization, the highest $90,920 (MICHAEL TUCKER, PRESIDENT).
How much revenue does NALITH INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $329,613, expenses of $269,701 and total assets of $6,844,109 at year end.

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