Nonprofit · EIN 84-1323791
ERNST AND WILMA MARTENS FOUNDATION
Tax-exempt · BASALT, CO 81621
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $98,720 | $106,340 | -$7,620 | $1,809,593 | $0 | $1,809,593 |
| December 31, 2023 | 990-PF | $73,943 | $135,295 | -$61,352 | $1,808,342 | $2,681 | $1,805,661 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $90,843
- Net gain from sales of assets
- $7,877
Expenses
- Grants and similar amounts paid
- $62,500
- Compensation of officers, directors and key employees
- $40,000
- Disbursements for charitable purposes
- $89,530
- Excise tax on investment income
- $1,184
Balance sheet and other
- Total assets, start of year
- $1,808,342
- Total assets, end of year
- $1,809,593
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,809,593
- Fair market value of assets
- $1,809,593
- Qualifying distributions
- $89,530
- Net investment income
- $98,720
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MCVOY PO BOX 4590, BASALT, CO 81621 | PRESIDENT | 9 | $40,000 |
| MICHAEL BRIMM PO BOX 4590, BASALT, CO 81621 | VICE PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MCVOY PO BOX 4590, BASALT, CO 81621 | PRESIDENT | 9 | $40,000 |
| MICHAEL BRIMM PO BOX 4590, BASALT, CO 81621 | VICE PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4590, BASALT, CO 81621-4590
- In care of
- % MICHAEL MCVOY
- Signed the 990-PF
- MICHAEL MCVOY, PRESIDENT
- Phone
- (970) 925-9560
- Return prepared by
- REESE HENRY & COMPANY INC
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 | Not 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
- 84-1323791
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $1,809,593
- Income (IRS master file)
- $98,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $98,720 | $106,340 | $1,809,593 | IRS |
| 990-PF | December 2023 | $73,943 | $135,295 | $1,808,342 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 84-1323791).
Questions about ERNST AND WILMA MARTENS FOUNDATION
- What is the EIN of ERNST AND WILMA MARTENS FOUNDATION?
- The employer identification number (EIN) of ERNST AND WILMA MARTENS FOUNDATION is 84-1323791.
- Is ERNST AND WILMA MARTENS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ERNST AND WILMA MARTENS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ERNST AND WILMA MARTENS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ERNST AND WILMA MARTENS 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 ERNST AND WILMA MARTENS 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 ERNST AND WILMA MARTENS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $40,000 (MICHAEL MCVOY, PRESIDENT).
- How much revenue does ERNST AND WILMA MARTENS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $98,720, expenses of $106,340 and total assets of $1,809,593 at year end.
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All nonprofits in BASALT · Colorado · Philanthropy, voluntarism and grantmaking foundations