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Nonprofit · EIN 71-0965198

DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION

Tax-exempt · MEDFORD, WI 54451

Financials

$12K$28K2023$30K$26K2024$22K$26K2025
Revenue Expenses · by fiscal year end
Financials of DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$22,387$25,650-$3,263$397,094$0$397,094
December 31, 2024990-PF$30,244$25,531$4,713$401,165$0$401,165
December 31, 2023990-PF$12,155$28,287-$16,132$396,582$0$396,582
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$12,667
Net gain from sales of assets
$9,147
Other income
$573

Expenses

Grants and similar amounts paid
$18,750
Compensation of officers, directors and key employees
$5,344
Disbursements for charitable purposes
$20,968
Excise tax on investment income
$254

Balance sheet and other

Total assets, start of year
$401,165
Total assets, end of year
$397,094
Total liabilities, end of year
$0
Net assets, end of year
$397,094
Fair market value of assets
$463,034
Qualifying distributions
$20,968
Net investment income
$22,384

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
NICOLET WEALTH MANAGEMENT
134 S 8TH ST, MEDFORD, WI 54451
TRUSTEE1$5,344
PAUL PROHASKA
608 EXCEL DRIVE, WAUSAU, WI 54401
SELECTION CO0$0
JOSHUA PROHASKA
W 7030 FALCON AVE, TONY, WI 54563
SELECTION CO0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
NICOLET WEALTH MANAGEMENT
134 S 8TH ST, MEDFORD, WI 54451
TRUSTEE1$5,205
PAUL PROHASKA
608 EXCEL DRIVE, WAUSAU, WI 54401
SELECTION CO0$0
JOSHUA PROHASKA
W 7030 FALCON AVE, TONY, WI 54563
SELECTION CO0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
NICOLET WEALTH MANAGEMENT
134 S 8TH ST, MEDFORD, WI 54451
TRUSTEE1$4,845
PAUL PROHASKA
608 EXCEL DRIVE, WAUSAU, WI 54401
SELECTION CO0$0
JOSHUA PROHASKA
W 7030 FALCON AVE, TONY, WI 54563
SELECTION CO0$0

Address and contacts

Address (IRS master file)
NICOLET NATIONAL BANK134 S 8TH STR, MEDFORD, WI 54451-0000
In care of
% MID WISCONSIN TRUST
Signed the 990-PF
CAMERON GIESE, TRUSTEE
Phone
(715) 748-8300
Return prepared by
ERNST & YOUNG US LLP

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
71-0965198
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2006
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$397,094
Income (IRS master file)
$93,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$22,387$25,650$397,094IRS
990-PFDecember 2024$30,244$25,531$401,165IRS
990-PFDecember 2023$12,155$28,287$396,582XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 71-0965198).

Questions about DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION

What is the EIN of DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION is 71-0965198.
Is DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION 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 DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $5,344 (NICOLET WEALTH MANAGEMENT, TRUSTEE).
How much revenue does DAVID JAMES PROHASKA SCHOLARSHIP FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $22,387, expenses of $25,650 and total assets of $397,094 at year end.

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