Nonprofit · EIN 61-1571780
NERCESSIAN FOUNDATION INC
Tax-exempt (reinstated) · BRONX, NY 10461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $20,410 | $9,500 | $10,910 | $130,746 | – | $130,746 |
| December 31, 2024 | 990-EZ | $21,020 | $3,910 | $17,110 | $119,836 | – | $119,836 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR OHANNES NERCESSIAN | Trustee | 0 | $0 |
| CHANE NERCESSIAN | Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR OHANNES NERCESSIAN | Trustee | 0 | $0 |
| CHANE NERCESSIAN | Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR OHANNES NERCESSIAN | Trustee | 0 | $0 |
| CHANE NERCESSIAN | Treasurer | 0 | $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
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $20,410 | $9,500 | $130,746 | XML |
| 990-EZ | December 2024 | $21,020 | $3,910 | $119,836 | XML |
| 990-EZ | December 2023 | $2,008 | $5,434 | $102,726 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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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