Nonprofit · EIN 85-0568961
FASANO FIFTH AVENUE CLUB INC
Also known as FASANO FIFTH AVENUE CLUB
Tax-exempt · NEW YORK, NY 10022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | -$1,333,211 | $0 | -$1,333,211 | $706,320 | $5,883,059 | -$5,176,739 |
| December 31, 2024 | 990 | -$435,243 | $764,045 | -$1,199,288 | $273,154 | $4,116,682 | -$3,843,528 |
| December 31, 2023 | 990 | $1,200,525 | $2,304,073 | -$1,103,548 | $179,908 | $2,824,148 | -$2,644,240 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- -$1,333,211
- Other revenue
- -$1,333,211
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $273,154
- Total assets, end of year
- $706,320
- Total liabilities, end of year
- $5,883,059
- Net assets, end of year
- -$5,176,739
- Gross receipts
- $1,392,719
- Employees
- 40
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- NY
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANILO TANAKA MAGRINI | DIRECTOR Trustee or director, Officer | 5 | $0 |
| EDNA SANTIAGO | DIRECTOR Officer | 5 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANILO TANAKA MAGRINI | DIRECTOR Trustee or director, Officer | 5 | $0 |
| EDNA SANTIAGO | DIRECTOR Officer | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILMAR SILVA RODRIGUEZ | DIRECTOR Officer | 5 | $0 |
| DANILO TANAKA MAGRINI | DIRECTOR Trustee or director, Officer | 5 | $0 |
| EDNA SANTIAGO | DIRECTOR Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 450 PAR AVE STE 2101, NEW YORK, NY 10022-0000
- In care of
- % JHSF
- Principal officer (990 for 2025)
- DANILO TANAKA MAGRINI, 450 PARK AVENUE STE 1200, NEW YORK, NY 10022
- Signed the 990
- DANILO TANAKA MAGRINI, DIRECTOR
- Phone
- (646) 981-9914
- Return prepared by
- EMILIO A DI IORIO CPA
Mission
TO OPERATE AND ORGANIZE AS A SOCIAL AND RECREATION CLUB FOR THE PLEASURE AND RECREATION OF ITS MEMBERS AND OTHER NON-PROFIT PURPOSES WITHIN THE MEANING OF SECTION 501(c)(7) OF THE IRC.
Program accomplishments
- ALL REVENUE IS AS REPORTED IN PART VIII STATEMENT OF REVENUE
- ALL PROGRAM SERVICES HAVE BENEFITTED THE MEMBERS OF THE CLUB EXCLUSIVELY. ALL EXPENSES WERE FULLY DEDICATED TO THIS SUPPORT.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0568961
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $706,320
- Income (IRS master file)
- $1,392,719
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | -$1,333,211 | $0 | $706,320 | XML |
| 990 | December 2024 | -$435,243 | $764,045 | $273,154 | XML |
| 990 | December 2023 | $1,200,525 | $2,304,073 | $179,908 | XML |
| 990 | December 2022 | $787,732 | $1,968,970 | $91,508 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | 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 85-0568961).
Questions about FASANO FIFTH AVENUE CLUB INC
- What is the EIN of FASANO FIFTH AVENUE CLUB INC?
- The employer identification number (EIN) of FASANO FIFTH AVENUE CLUB INC is 85-0568961.
- Is FASANO FIFTH AVENUE CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2020.
- Are donations to FASANO FIFTH AVENUE CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FASANO FIFTH AVENUE CLUB 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 FASANO FIFTH AVENUE CLUB INC 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 FASANO FIFTH AVENUE CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FASANO FIFTH AVENUE CLUB INC?
- The 990 for the year ended December 31, 2025 names DANILO TANAKA MAGRINI.
- Who are the officers and directors of FASANO FIFTH AVENUE CLUB INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does FASANO FIFTH AVENUE CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of -$1,333,211, expenses of $0 and total assets of $706,320 at year end.
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