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Nonprofit · EIN 81-4789718

ASATH FOUNDATION

Tax-exempt · TOMS RIVER, NJ 08755

Financials

$417K$290K2023$414K$245K2024
Revenue Expenses · by fiscal year end
Financials of ASATH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$413,704$244,855$168,849$1,648,319$0$1,648,319
December 31, 2023990-PF$417,189$289,998$127,191$1,479,470$0$1,479,470
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$400,000
Interest
$11,771
Other income
$1,933

Expenses

Grants and similar amounts paid
$240,141
Disbursements for charitable purposes
$240,141
Excise tax on investment income
$187

Balance sheet and other

Total assets, start of year
$1,479,470
Total assets, end of year
$1,648,319
Total liabilities, end of year
$0
Net assets, end of year
$1,648,319
Fair market value of assets
$1,648,319
Qualifying distributions
$240,141
Net investment income
$13,704

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
Aaron Homnick
5 North Crest Place, Lakewood, NJ 08701
Trustee1$0
Adena Homnick
5 North Crest Place, Lakewood, NJ 08701
Trustee1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Aaron Homnick
5 North Crest Place, Lakewood, NJ 08701
Trustee1$0
Adena Homnick
5 North Crest Place, Lakewood, NJ 08701
Trustee1$0

Address and contacts

Address (IRS master file)
1130 SILVERTON RD, TOMS RIVER, NJ 08755-2157
Signed the 990-PF
Aaron Homnick, Trustee
Phone
(732) 668-6928
Return prepared by
J Friedman & Co

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
81-4789718
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)
$1,648,319
Income (IRS master file)
$413,704

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$413,704$244,855$1,648,319IRS
990-PFDecember 2023$417,189$289,998$1,479,470XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS
990-PFDecember 2016–––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 81-4789718).

Questions about ASATH FOUNDATION

What is the EIN of ASATH FOUNDATION?
The employer identification number (EIN) of ASATH FOUNDATION is 81-4789718.
Is ASATH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to ASATH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ASATH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ASATH 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 ASATH 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 ASATH FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ASATH FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $413,704, expenses of $244,855 and total assets of $1,648,319 at year end.

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