Nonprofit · EIN 82-2930616
ASA FOUNDATION
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $123,220 | $124,339 | -$1,119 | $11,378 | $24,447 | -$13,069 |
| June 30, 2024 | 990-EZ | $108,423 | $112,835 | -$4,412 | $14,932 | $26,882 | -$11,950 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $61,497
- Program service revenue
- $61,723
Expenses
- Compensation of officers, directors and key employees
- $44,737
- Salaries, compensation and benefits (total)
- $48,306
- Professional fees and payments to contractors
- $7,009
- Occupancy
- $6,557
- Printing, publications and postage
- $14
- Other expenses
- $62,453
- Program services (functional)
- $37,341
Balance sheet and other
- Total assets, start of year
- $14,932
- Total assets, end of year
- $11,378
- Total liabilities, end of year
- $24,447
- Net assets, end of year
- -$13,069
- Cash, savings and investments
- $11,378
- Gross receipts
- $123,220
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASA MATHAT | CHAIRMAN | 40 | $44,737 |
| GISELA BUSHEY | SECRETARY | 0 | $0 |
| CHRISTINE SHIPLEY | VICE PRESIDE | 0 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASA MATHAT | CHAIRMAN | 40 | $44,811 |
| GISELA BUSHEY | SECRETARY | 1 | $0 |
| CHRISTINE SHIPLEY | VICE PRESIDE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 555 BRYANT ST SUITE 186, PALO ALTO, CA 94301-1704
- In care of
- % ASA MATHAT
- Mailing address (990-N for 2017)
- 555 Bryant Avenue Suite 186, Palo Alto CA 94301
- Principal officer (990-N for 2017)
- Asa Mathat, 555 Bryant Avenue Suite 186, Palo Alto CA 94301
- Signed the 990-EZ
- ASA MATHAT, CHAIRMAN
- Phone
- (415) 517-6552
- Return prepared by
- FECHTER & COMPANY CPA'S
Mission
THE MISSION OF ASA FOUNDATION IS TO PROVIDE PHOTOGRAPHY TRAINING TO VULNERABLE AND HOMELESS YOUTH TO PROVIDE JOB SKILLS AND CAREER OPPORTUNITIES.
Program accomplishments
- PROFESSIONAL PHOTOGRAPHY SERVICES TO PROVIDE EDUCATIONAL OPPORTUNITIES TO VULNERABLE AND HOMELESS YOUTH.Expenses $37,341
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-2930616
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A31)
- Assets (IRS master file)
- $11,378
- Income (IRS master file)
- $123,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $123,220 | $124,339 | $11,378 | XML |
| 990-EZ | June 2024 | $108,423 | $112,835 | $14,932 | IRS |
| 990-EZ | June 2023 | $135,987 | $124,594 | $19,352 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Asa Mathat | June 30, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ASA FOUNDATION
- What is the EIN of ASA FOUNDATION?
- The employer identification number (EIN) of ASA FOUNDATION is 82-2930616.
- Is ASA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to ASA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of ASA FOUNDATION?
- The 990-N for 2017 names Asa Mathat.
- Who are the officers and directors of ASA FOUNDATION?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $44,737 (ASA MATHAT, CHAIRMAN).
- How much revenue does ASA FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $123,220, expenses of $124,339 and total assets of $11,378 at year end.
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