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Nonprofit · EIN 81-4037374

FRANGIONI FOUNDATION

Tax-exempt (reinstated) · BOCA RATON, FL 33486

Financials

−$2K$322K2023−$57K$130K2024
Revenue Expenses · by fiscal year end
Financials of FRANGIONI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF-$57,000$129,676-$186,676$821,946$4,417$817,529
December 31, 2023990-PF-$2,474$321,881-$324,355$1,008,382$4,176$1,004,206
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Net gain from sales of assets
-$57,000

Expenses

Grants and similar amounts paid
$100,000
Disbursements for charitable purposes
$124,738

Balance sheet and other

Total assets, start of year
$1,008,381
Total assets, end of year
$821,946
Total liabilities, end of year
$4,417
Net assets, end of year
$817,529
Qualifying distributions
$124,738

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.

NameTitleHours / weekCompensation
DAVID FRANGIONI
120 NW 7TH COURT, BOCA RATON, FL 33486
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
DAVID FRANGIONI
120 NW 7TH COURT, BOCA RATON, FL 33486
DIRECTOR0$0

Address and contacts

Address (IRS master file)
120 NW 7TH CT, BOCA RATON, FL 33486-3520
In care of
% FOUNDATION SOURCE
Signed the 990-PF
DAVID FRANGIONI, DIRECTOR
Phone
(800) 839-1754
Return prepared by
MF & ASSOCIATES GROUP LLC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-4037374
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$821,946
Income (IRS master file)
$53,000

Revocation and reinstatement

Exemption revoked
May 15, 2021
Posted by the IRS
August 9, 2021
Reinstated
Effective May 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024-$57,000$129,676$821,946XML
990-PFDecember 2023-$2,474$321,881$1,008,382XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2017–––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 81-4037374).

Questions about FRANGIONI FOUNDATION

What is the EIN of FRANGIONI FOUNDATION?
The employer identification number (EIN) of FRANGIONI FOUNDATION is 81-4037374.
Is FRANGIONI FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
Are donations to FRANGIONI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does FRANGIONI FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRANGIONI 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 FRANGIONI 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 FRANGIONI FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does FRANGIONI FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of -$57,000, expenses of $129,676 and total assets of $821,946 at year end.

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