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Nonprofit · EIN 81-4608778

705 WALNUT AVENUE FOUNDATION INC

Tax-exempt · NEWTOWN SQ, PA 19073

Financials

$39K$204K2023$211K$278K2024$82K$199K2025
Revenue Expenses · by fiscal year end
Financials of 705 WALNUT AVENUE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$81,620$199,028-$117,408$1,641,033$11,226$1,629,807
December 31, 2024990-PF$210,709$278,164-$67,455$1,754,046$5,669$1,748,377
December 31, 2023990-PF$39,318$204,332-$165,014$1,821,465$4,096$1,817,369
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$48,128
Interest
$2
Net gain from sales of assets
$33,490

Expenses

Grants and similar amounts paid
$175,000
Disbursements for charitable purposes
$175,000
Excise tax on investment income
$1,162

Balance sheet and other

Total assets, start of year
$1,754,046
Total assets, end of year
$1,641,033
Total liabilities, end of year
$11,226
Net assets, end of year
$1,629,807
Fair market value of assets
$1,871,788
Qualifying distributions
$175,000
Net investment income
$83,586

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
ELISABETH NAUGHTON
124 SPRING TREE DRIVE, NEWTOWN SQUARE, PA 19073
VP / TREAS / DIR5$0
CAREN IRONS
5348 GROVELAND ROAD, GENESEO, NY 14454
PRESIDENT / DIR5$0
CHARLENE KURTZ
7 FOXTAIL LANE 6, GOFFSTOWN, NH 03045
SEC / DIR5$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ELISABETH NAUGHTON
124 SPRING TREE DRIVE, NEWTOWN SQUARE, PA 19073
VP / TREAS / DIR5$0
CAREN IRONS
5348 GROVELAND ROAD, GENESEO, NY 14454
PRESIDENT / DIR5$0
CHARLENE KURTZ
7 FOXTAIL LANE 6, GOFFSTOWN, NH 03045
SEC / DIR5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ELISABETH NAUGHTON
124 SPRING TREE DRIVE, NEWTOWN SQUARE, PA 19073
VP / TREAS / DIR5$0
CAREN IRONS
5348 GROVELAND ROAD, GENESEO, NY 14454
PRESIDENT / DIR5$0
CHARLENE KURTZ
7 FOXTAIL LANE 6, GOFFSTOWN, NH 03045
SEC / DIR5$0

Address and contacts

Address (IRS master file)
124 SPRING TREE DR, NEWTOWN SQ, PA 19073-4423
In care of
% CAREN IRONS
Signed the 990-PF
ELISABETH NAUGHTON, VP / TREASURER
Phone
(585) 329-4606
Return prepared by
Joseph A Wassel CPA

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
81-4608778
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,641,033
Income (IRS master file)
$832,398

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$81,620$199,028$1,641,033XML
990-PFDecember 2024$210,709$278,164$1,754,046XML
990-PFDecember 2023$39,318$204,332$1,821,465XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 81-4608778).

Questions about 705 WALNUT AVENUE FOUNDATION INC

What is the EIN of 705 WALNUT AVENUE FOUNDATION INC?
The employer identification number (EIN) of 705 WALNUT AVENUE FOUNDATION INC is 81-4608778.
Is 705 WALNUT AVENUE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to 705 WALNUT AVENUE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does 705 WALNUT AVENUE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of 705 WALNUT AVENUE FOUNDATION INC 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 705 WALNUT AVENUE FOUNDATION INC 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 705 WALNUT AVENUE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does 705 WALNUT AVENUE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $81,620, expenses of $199,028 and total assets of $1,641,033 at year end.

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