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Nonprofit · EIN 61-1571780

NERCESSIAN FOUNDATION INC

Tax-exempt (reinstated) · BRONX, NY 10461

Financials

$2K$5K2023$21K$4K2024$20K$10K2025
Revenue Expenses · by fiscal year end
Financials of NERCESSIAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$20,410$9,500$10,910$130,746–$130,746
December 31, 2024990-EZ$21,020$3,910$17,110$119,836–$119,836
December 31, 2023990-EZ$2,008$5,434-$3,426$102,726–$102,726
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,500
Investment income
$3,910

Expenses

Grants and similar amounts paid
$9,500
Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$119,836
Total assets, end of year
$130,746
Total liabilities, end of year
–
Net assets, end of year
$130,746
Cash, savings and investments
$130,746
Gross receipts
$20,410

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DR OHANNES NERCESSIANTrustee0$0
CHANE NERCESSIANTreasurer0$0
990-EZ for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
DR OHANNES NERCESSIANTrustee0$0
CHANE NERCESSIANTreasurer0$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
DR OHANNES NERCESSIANTrustee0$0
CHANE NERCESSIANTreasurer0$0

Address and contacts

Address (IRS master file)
2425 SAINT RAYMONDS AVE, BRONX, NY 10461-3115
Mailing address (990-N for 2014)
24-25 St Raymonds Avenue, Bronx NY 10461
Principal officer (990-N for 2014)
Ohannes Nercessian, 24-25 St Raymonds Avenue, Bronx NY 10461
Signed the 990-EZ
DR OHANNES NERCESSIAN, Trustee
Phone
(718) 931-6685
Return prepared by
Kenneth M Greenberg CPA

Mission

TO ASSIST NEEDY STUDENTS AT UNIVERSITIES

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PAYMENTS IN SUPPORT OF EDUCATION ACHIEVEMENT.
    grants $9,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
61-1571780
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$130,746
Income (IRS master file)
$20,410

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
August 12, 2013
Reinstated
Effective May 15, 2013

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-EZDecember 2025$20,410$9,500$130,746XML
990-EZDecember 2024$21,020$3,910$119,836XML
990-EZDecember 2023$2,008$5,434$102,726XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2014
Officer: Ohannes Nercessian
December 31, 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 61-1571780).

Questions about NERCESSIAN FOUNDATION INC

What is the EIN of NERCESSIAN FOUNDATION INC?
The employer identification number (EIN) of NERCESSIAN FOUNDATION INC is 61-1571780.
Is NERCESSIAN FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
Are donations to NERCESSIAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NERCESSIAN FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NERCESSIAN FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NERCESSIAN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of NERCESSIAN FOUNDATION INC?
The 990-N for 2014 names Ohannes Nercessian.
Who are the officers and directors of NERCESSIAN FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does NERCESSIAN FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $20,410, expenses of $9,500 and total assets of $130,746 at year end.

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