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Nonprofit · EIN 84-5100308

BUDDY BEAR FOUNDATION

Tax-exempt (reinstated) · BERWYN, IL 60402

Financials

$211K$20K2023$39K$43K2024
Revenue Expenses · by fiscal year end
Financials of BUDDY BEAR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$39,134$42,970-$3,836$514,181$0$514,181
December 31, 2023990-PF$211,139$19,805$191,334$518,017$0$518,017
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$14,685
Interest
$171
Net gain from sales of assets
$24,278

Expenses

Grants and similar amounts paid
$12,000
Disbursements for charitable purposes
$30,830
Excise tax on investment income
$392

Balance sheet and other

Total assets, start of year
$518,017
Total assets, end of year
$514,181
Total liabilities, end of year
$0
Net assets, end of year
$514,181
Fair market value of assets
$548,547
Qualifying distributions
$30,830
Net investment income
$39,134

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
PHILLIP J
3309 HARVEY AVE, BERWIN, IL 604023807
PRESIDENT1$0
ANNE L DEGERATTO
6 OLYMPIA CT, OAK BROOK, IL 60523
DIRECTOR0$0
PAUL T JULIAN
8417 W IROQUOIS RD, PALOS PARK, IL 60464
SECRETARY0$0
SALLY A JULIAN
8417 W IROQUOIS RD, PALOS PARK, IL 60464
TREASURER0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
PHILLIP J DEGERATTO
3309 HARVEY AVE, BERWIN, IL 604023807
President1$0
ANNE L DEGERATTO
6 OLYMPIA CT, OAK BROOK, IL 60523
Director0$0
PAUL T JULIAN
8417 W IROQUOIS RD, PALOS PARK, IL 60464
Secretary0$0
SALLY A JULIAN
8417 W IROQUOIS RD, PALOS PARK, IL 60464
Treasurer0$0

Address and contacts

Address (IRS master file)
3309 HARVEY AVE, BERWYN, IL 60402-3807
In care of
% SALLY A JULIAN
Signed the 990-PF
PHILLIP J, PRESIDENT
Phone
(708) 795-8920
Return prepared by
THE REINGOLD COMPANY PC

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
84-5100308
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
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$514,181
Income (IRS master file)
$452,033

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$39,134$42,970$514,181IRS
990-PFDecember 2023$211,139$19,805$518,017XML

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 84-5100308).

Questions about BUDDY BEAR FOUNDATION

What is the EIN of BUDDY BEAR FOUNDATION?
The employer identification number (EIN) of BUDDY BEAR FOUNDATION is 84-5100308.
Is BUDDY BEAR FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to BUDDY BEAR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BUDDY BEAR FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BUDDY BEAR 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 BUDDY BEAR 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 BUDDY BEAR FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does BUDDY BEAR FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $39,134, expenses of $42,970 and total assets of $514,181 at year end.

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