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Nonprofit · EIN 82-4728366

OLMSTRONG FOUNDATION INC

Tax-exempt · MADISON, CT 06443

Financials

$341K$435K2023$410K$444K2024
Revenue Expenses · by fiscal year end
Financials of OLMSTRONG FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$410,114$444,452-$34,338$2,194,325$0$2,194,325
December 31, 2023990-PF$340,756$435,439-$94,683$2,243,663$15,000$2,228,663
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$410,112
Program service revenue
$0
Investment income
$2
Other revenue
$0

Expenses

Grants and similar amounts paid
$385,804
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,131
Accounting fees
$2,000
Depreciation
$48,400
Program services (functional)
$434,204
Management and general (functional)
$10,248

Balance sheet and other

Total assets, start of year
$2,243,663
Total assets, end of year
$2,194,325
Total liabilities, end of year
$0
Net assets, end of year
$2,194,325
Land, buildings and equipment
$2,193,761
Net assets without donor restrictions
$2,194,325
Gross receipts
$410,114
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
CT

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH PIAGENTINIPRESIDENT
Trustee or director, Officer
1$0
JOHN PICARDBOARD MEMBER
Trustee or director
1$0
VLAD CORICBOARD MEMBER
Trustee or director
1$0
GREGG LALLIERBOARD MEMBER
Trustee or director
1$0
JAMES EMGLEHARTTREASURER
Trustee or director, Officer
1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOSPEH PIAGENTINI
20 ISAND AVE, MADISON, CT 06443
PRESIDENT1$0
JOHN PICARD
20 ISAND AVE, MADISON, CT 06443
BOARD MEMBER1$0
VLAD CORIC
20 ISAND AVE, MADISON, CT 06443
BOARD MEMBER1$0
GREGG LALLIER
20 ISAND AVE, MADISON, CT 06443
BOARD MEMBER1$0
JAMES ENGLEHART
20 ISAND AVE, MADISON, CT 06443
TREASURER1$0

Address and contacts

Address (IRS master file)
3 MATTHEW CT, MADISON, CT 06443-2175
In care of
% JOSEPH PIAGENTINI
Principal officer (990 for 2024)
JOSEPH PIAGENTINI, 3 MATTHEW CT, MADISON, CT 06443
Signed the 990
JOSEPH PIAGENTINI, PRESIDENT
Phone
(203) 689-5101
Return prepared by
THE INNOVATIVE CPA GROUP LLC

Mission

THE PURPOSE OF THE FOUNDATION IS TO SOLICIT CHARITABLE CONTRIBUTIONS AND OTHER FUNDS IN ORDER TO PROVIDE FINANCIAL SUPPORT AND OTHER BENEFITS SUCH AS FINANCIAL AID AND STUDENT SCHOLARSHIPS TO THE STUDENTS OF OUR LADY OF MERCY SCHOOL OF MADISON, INC.

990 for the year ended December 31, 2024

Program accomplishments

  • RAISE FUNDS TO FINANCIALLY SUPPORT OUR LADY OF MERCY SCHOOL OF MADISON, INC.
    Expenses $434,204 · grants $385,804

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 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 on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-4728366
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$2,194,325
Income (IRS master file)
$410,114

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$410,114$444,452$2,194,325XML
990-PFDecember 2023$340,756$435,439$2,243,663XML
990December 2022$2,825,053$873,932$2,323,346IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 OLMSTRONG FOUNDATION INC

What is the EIN of OLMSTRONG FOUNDATION INC?
The employer identification number (EIN) of OLMSTRONG FOUNDATION INC is 82-4728366.
Is OLMSTRONG FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to OLMSTRONG FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does OLMSTRONG FOUNDATION INC 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 OLMSTRONG FOUNDATION INC 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 OLMSTRONG FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OLMSTRONG FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JOSEPH PIAGENTINI.
Who are the officers and directors of OLMSTRONG FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does OLMSTRONG FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $410,114, expenses of $444,452 and total assets of $2,194,325 at year end.

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