Nonprofit · EIN 81-4015045
BUTTERFLY EQUITY FOUNDATION
Tax-exempt · BEVERLY HILLS, CA 90212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $809,100 | $998,712 | -$189,612 | $231,971 | $152,757 | $79,214 |
| December 31, 2023 | 990-PF | $897,656 | $794,695 | $102,961 | $290,931 | $22,105 | $268,826 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $809,100
Expenses
- Grants and similar amounts paid
- $751,550
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $175,492
- Disbursements for charitable purposes
- $867,278
Balance sheet and other
- Total assets, start of year
- $290,931
- Total assets, end of year
- $231,971
- Total liabilities, end of year
- $152,757
- Net assets, end of year
- $79,214
- Fair market value of assets
- $231,971
- Qualifying distributions
- $867,278
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 | Other / benefits |
|---|---|---|---|---|
| EMILY PARKER 9595 WILSHIRE BLVD SUITE 510, BEVERLY HILLS, CA 90212 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $175,492 | $12,096 |
| ADAM WAGLAY 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | CO-PRESIDENT, DIRECTOR | 2 | $0 | $0 |
| DUSTIN BECK 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | CO-PRESIDENT, DIRECTOR | 2 | $0 | $0 |
| PETER TANG 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | TREASURER, DIRECTOR | 2 | $0 | $0 |
| BILL LEVISAY 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | BOARD MEMBER (BEG 01/24) | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EMILY PARKER 9595 WILSHIRE BLVD SUITE 510, BEVERLY HILLS, CA 90212 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $170,000 | $32,281 |
| ADAM WAGLAY 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | CO-PRESIDENT, DIRECTOR | 2 | $0 | $0 |
| DUSTIN BECK 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | CO-PRESIDENT, DIRECTOR | 2 | $0 | $0 |
| NESTOR OLMO 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | TREASURER, DIRECTOR (END 06/23) | 2 | $0 | $0 |
| PETER TANG 9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212 | TREASURER, DIRECTOR (BEG 12/23) | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9595 WILSHIRE BLVD STE 510, BEVERLY HILLS, CA 90212-2505
- In care of
- % NESTOR OLMO
- Signed the 990-PF
- ADAM WAGLAY, CO-PRESIDENT
- Phone
- (310) 492-3743
- Return prepared by
- DELOITTE TAX LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 81-4015045 or by the name BUTTERFLY EQUITY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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
- 81-4015045
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $231,971
- Income (IRS master file)
- $809,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $809,100 | $998,712 | $231,971 | IRS |
| 990-PF | December 2023 | $897,656 | $794,695 | $290,931 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 81-4015045).
Questions about BUTTERFLY EQUITY FOUNDATION
- What is the EIN of BUTTERFLY EQUITY FOUNDATION?
- The employer identification number (EIN) of BUTTERFLY EQUITY FOUNDATION is 81-4015045.
- Is BUTTERFLY EQUITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to BUTTERFLY EQUITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BUTTERFLY EQUITY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUTTERFLY EQUITY 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 BUTTERFLY EQUITY FOUNDATION 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 BUTTERFLY EQUITY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $175,492 (EMILY PARKER, EXECUTIVE DIRECTOR).
- How much revenue does BUTTERFLY EQUITY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $809,100, expenses of $998,712 and total assets of $231,971 at year end.
Other nonprofits in BEVERLY HILLS
- THE AHMANSON FOUNDATION EIN 95-6089998 · last filed 990-PF for 2025
- KARSH FAMILY FOUNDATION EIN 13-7147287 · last filed 990-PF for 2026
- DIANE AND GUILFORD GLAZER FOUNDATION EIN 84-3205480 · last filed 990-PF for 2024
- THE EISNER FOUNDATION INC EIN 95-4607191 · last filed 990-PF for 2024
- SIMONIAN FAMILY FOUNDATION EIN 88-2707665 · last filed 990-PF for 2024
- VINE STREET ARCHIVE FOUNDATION EIN 95-4860162 · last filed 990 for 2025
- BOGART-HIRSHON FOUNDATION EIN 95-4767293 · last filed 990-PF for 2025
- ELBAZ FAMILY FOUNDATION TR EIN 20-6735811 · last filed 990-PF for 2024
All nonprofits in BEVERLY HILLS · California · Philanthropy, voluntarism and grantmaking foundations