Nonprofit · EIN 74-3100204
DROST FAMILY FOUNDATION
Tax-exempt · ITHACA, NY 14850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4 | $775 | -$771 | $746,871 | $675 | $746,196 |
| December 31, 2023 | 990 | $52,606 | $10,950 | $41,656 | $746,967 | $0 | $746,967 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $4
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $675
- Program services (functional)
- $775
Balance sheet and other
- Total assets, start of year
- $746,967
- Total assets, end of year
- $746,871
- Total liabilities, end of year
- $675
- Net assets, end of year
- $746,196
- Publicly traded securities
- $733,327
- Net assets without donor restrictions
- $746,196
- Gross receipts
- $4
- Employees
- 0
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JEFFREY PENOYER | TRUSTEE Trustee or director | 40 | $0 | $428,577 |
| ERIC JANSEN | TRUSTEE Trustee or director | 40 | $0 | $184,312 |
| JESSICA JANSSEN | TRUSTEE Trustee or director | 40 | $0 | $143,103 |
| CORNELIS J DROST | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| M JOZEFA P DROST | TRUSTEE Trustee or director, Officer | 0.2 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JESSICA JANSSEN | TRUSTEE Trustee or director | 40 | $0 | $119,655 | $2,860 |
| CORNELIS J DROST | TRUSTEE Trustee or director, Officer | – | $0 | $0 | $0 |
| M JOZEFA P DROST | TRUSTEE Trustee or director, Officer | – | $0 | $0 | $0 |
| BRIAN GRANT | TRUSTEE Trustee or director | – | $0 | $0 | $0 |
| DALE JOHNSON | TRUSTEE Trustee or director | – | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 HICKORY CIR, ITHACA, NY 14850-9673
- In care of
- % CORNELIS J DROST
- Principal officer (990 for 2024)
- M JOZEFA P DROST, 10 HICKORY CIRCLE, ITHACA, NY 14850
- Signed the 990
- CORNELIS J DROST, TRUSTEE
- Phone
- (607) 252-6969
- Return prepared by
- SPRAGUE & JACKSON
Mission
TO PROVIDE SUPPORT TO ITHACA ALPHA HOUSE CENTER INC DBA CAYUGA ADDICTION RECOVERY SERVICES AND TO OTHERWISE FOSTER ITS MISSION OF PROVIDING FOCUSED RECOVERY EDUCATION.
Program accomplishments
- TO PROVIDE SUPPORT TO ITHACA ALPHA HOUSE CENTER INC DBA CAYUGA ADDICTION RECOVERY SERVICES AND TO OTHERWISE FOSTER ITS MISSION OF PROVIDING FOCUSED RECOVERY EDUCATION.Expenses $675
- TO PROVIDE SUPPORT TO ITHACA ALPHA HOUSE CENTER INC DBA CAYUGA ADDICTION RECOVERY SERVICES AND TO OTHERWISE FOSTER ITS MISSION OF PROVIDING FOCUSED RECOVERY EDUCATION.Expenses $100
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-3100204
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $746,871
- Income (IRS master file)
- $4
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4 | $775 | $746,871 | IRS |
| 990 | December 2023 | $52,606 | $10,950 | $746,967 | XML |
| 990 | December 2022 | $267,858 | $1,912 | $2,580,719 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 74-3100204).
Questions about DROST FAMILY FOUNDATION
- What is the EIN of DROST FAMILY FOUNDATION?
- The employer identification number (EIN) of DROST FAMILY FOUNDATION is 74-3100204.
- Is DROST FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to DROST FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DROST FAMILY FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DROST FAMILY FOUNDATION 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 DROST FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DROST FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 names M JOZEFA P DROST.
- Who are the officers and directors of DROST FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does DROST FAMILY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4, expenses of $775 and total assets of $746,871 at year end.
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