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Nonprofit · EIN 83-1048987

TAURUS FOUNDATION INC

Tax-exempt · BAL HARBOUR, FL 33154

Financials

$2K$2K2023$520K$50K2024
Revenue Expenses · by fiscal year end
Financials of TAURUS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$519,880$49,854$470,026$711,736$0$711,736
December 31, 2023990-PF$2,058$1,953$105$241,710$0$241,710
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$498,637
Dividends
$23,360
Interest
$59
Net gain from sales of assets
-$2,176

Expenses

Grants and similar amounts paid
$39,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$41,915
Excise tax on investment income
$215

Balance sheet and other

Total assets, start of year
$241,710
Total assets, end of year
$711,736
Total liabilities, end of year
$0
Net assets, end of year
$711,736
Fair market value of assets
$770,266
Qualifying distributions
$41,915
Net investment income
$23,419

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
JACOB SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
PRESIDENT, TREASURER, DIRECTOR0$0
JULIANNE SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
VP, SECRETARY, DIRECTOR0$0
DAVID SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
DIRECTOR0$0
ELLIOT SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
DIRECTOR0$0
RAPHAEL SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
DIRECTOR0$0
DINA SCHORR
9601 Collins Ave APT 501, Bal Harbour, FL 33154
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Jacob Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
President, Treasurer, Director0$0
Julianne Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
VP, Secretary, Director0$0
David Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
Director0$0
Elliot Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
Director0$0
Raphael Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
Director0$0
Dina Schorr
9601 Collins Ave APT 501, Bal Harbour, FL 33154
Director0$0

Address and contacts

Address (IRS master file)
9601 COLLINS AVE APT 501, BAL HARBOUR, FL 33154-2211
In care of
% JACOB SCHORR
Signed the 990-PF
JACOB SCHORR, Director
Phone
(305) 773-6637
Return prepared by
BDO USA

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
83-1048987
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$711,736
Income (IRS master file)
$1,097,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$519,880$49,854$711,736XML
990-PFDecember 2023$2,058$1,953$241,710XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 83-1048987).

Questions about TAURUS FOUNDATION INC

What is the EIN of TAURUS FOUNDATION INC?
The employer identification number (EIN) of TAURUS FOUNDATION INC is 83-1048987.
Is TAURUS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to TAURUS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TAURUS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of TAURUS 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 TAURUS FOUNDATION INC 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 TAURUS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does TAURUS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $519,880, expenses of $49,854 and total assets of $711,736 at year end.

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