Nonprofit · EIN 81-2819850
DAREUS FOUNDATION CORPORATION
Tax-exempt (reinstated) · HOOVER, AL 35244
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $178,632 | $182,185 | -$3,553 | $2,886,037 | $150,156 | $2,735,881 |
| December 31, 2023 | 990-PF | $40,775 | $110,411 | -$69,636 | $2,954,478 | $178,426 | $2,776,052 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $96,671
- Interest
- $28,091
- Net gain from sales of assets
- $53,870
Expenses
- Grants and similar amounts paid
- $102,000
- Disbursements for charitable purposes
- $102,000
- Excise tax on investment income
- $1,734
Balance sheet and other
- Total assets, start of year
- $2,954,478
- Total assets, end of year
- $2,886,037
- Total liabilities, end of year
- $150,156
- Net assets, end of year
- $2,735,881
- Fair market value of assets
- $1,771,440
- Qualifying distributions
- $102,000
- Net investment income
- $124,762
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCEL DAREUS 428 E BAY STREET, JACKSONVILLE, FL 32202 | DIRECTOR | 3 | $0 |
| KIMBERLY MARIANI 914 SE 10TH COURT, DEERFIELD BEACH, FL 33441 | TREASURER | 1.5 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCEL DAREUS 428 E BAY STREET, JACKSONVILLE, FL 32202 | DIRECTOR | 3 | $0 |
| KIMBERLY MARIANI 914 SE 10TH COURT, DEERFIELD BEACH, FL 33441 | TREASURER | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1547 HIGHLAND GATE PT, HOOVER, AL 35244-4167
- In care of
- % COURTNEY FRENCH
- Signed the 990-PF
- MARCEL DAREUS, DIRECTOR
- Phone
- (518) 258-7850
- Return prepared by
- SOUTH FLORIDA FINANCIAL ADVISORY NETWORK
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-2819850
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $2,886,037
- Income (IRS master file)
- $1,917,897
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
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-PF | December 2024 | $178,632 | $182,185 | $2,886,037 | XML |
| 990-PF | December 2023 | $40,775 | $110,411 | $2,954,478 | XML |
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 81-2819850).
Questions about DAREUS FOUNDATION CORPORATION
- What is the EIN of DAREUS FOUNDATION CORPORATION?
- The employer identification number (EIN) of DAREUS FOUNDATION CORPORATION is 81-2819850.
- Is DAREUS FOUNDATION CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to DAREUS FOUNDATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does DAREUS FOUNDATION CORPORATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAREUS FOUNDATION CORPORATION 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 DAREUS FOUNDATION CORPORATION 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 DAREUS FOUNDATION CORPORATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does DAREUS FOUNDATION CORPORATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $178,632, expenses of $182,185 and total assets of $2,886,037 at year end.
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All nonprofits in HOOVER · Alabama · Philanthropy, voluntarism and grantmaking foundations