Nonprofit · EIN 83-2428772
LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION
Tax-exempt · LA JOLLA, CA 92037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $153,056 | $100,461 | $52,595 | $1,986,739 | $0 | $1,986,739 |
| December 31, 2024 | 990-PF | $589,271 | $101,100 | $488,171 | $1,934,144 | $0 | $1,934,144 |
| December 31, 2023 | 990-PF | $71,048 | $64,754 | $6,294 | $1,445,973 | $0 | $1,445,973 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $66,264
- Interest
- $1,050
- Net gain from sales of assets
- $85,742
Expenses
- Grants and similar amounts paid
- $67,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $71,636
- Excise tax on investment income
- $1,944
Balance sheet and other
- Total assets, start of year
- $1,934,144
- Total assets, end of year
- $1,986,739
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,986,739
- Fair market value of assets
- $2,364,905
- Qualifying distributions
- $71,636
- Net investment income
- $153,056
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | CHIEF EXECUTIVE OFFICER | 1 | $0 |
| LISETTE FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | SECRETARY/CFO | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | CHIEF EXECUTIVE OFFICER | 1 | $0 |
| LISETTE FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | SECRETARY/CFO | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | CHIEF EXECUTIVE OFFICER | 1 | $0 |
| LISETTE FARRELL 4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037 | SECRETARY/CFO | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4225 EXECUTIVE SQ STE 1150, LA JOLLA, CA 92037-9153
- Signed the 990-PF
- LISETTE FARRELL, SECRETARY/CFO
- Phone
- (858) 558-9200
- Return prepared by
- EISNER ADVISORY GROUP LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 83-2428772 or by the name LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-2428772
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,986,739
- Income (IRS master file)
- $581,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $153,056 | $100,461 | $1,986,739 | IRS |
| 990-PF | December 2024 | $589,271 | $101,100 | $1,934,144 | IRS |
| 990-PF | December 2023 | $71,048 | $64,754 | $1,445,973 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 83-2428772).
Questions about LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION
- What is the EIN of LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION?
- The employer identification number (EIN) of LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION is 83-2428772.
- Is LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION 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 LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION 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 LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $153,056, expenses of $100,461 and total assets of $1,986,739 at year end.
Other nonprofits in LA JOLLA
- SCRIPPS RESEARCH INSTITUTE EIN 33-0435954 · last filed 990 for 2025
- U C SAN DIEGO FOUNDATION EIN 95-2872494 · last filed 990 for 2025
- SALK INSTITUTE FOR BIOLOGICAL STUDIES EIN 95-2160097 · last filed 990 for 2025
- GARY AND MARY WEST CHARITABLE TRUST EIN 87-3374164 · last filed 990-PF for 2024
- SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE EIN 51-0197108 · last filed 990 for 2025
- LA JOLLA INSTITUTE FOR IMMUNOLOGY EIN 33-0328688 · last filed 990 for 2024
- LA JOLLA COUNTRY DAY SCHOOL EIN 95-1875978 · last filed 990 for 2025
- PRICE PHILANTHROPIES FOUNDATION EIN 46-5129465 · last filed 990-PF for 2024