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Nonprofit · EIN 85-0746123

FRIENDS OF KARDIAS FOUNDATION

Tax-exempt · NEW YORK, NY 10065

Financials

$697K$605K2022$105K$7K2023$326K$397K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF KARDIAS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$326,211$397,280-$71,069$152,376$6,000$146,376
March 31, 2024990-EZ (amended)$104,824$7,282$97,542$217,445$0$217,445
March 31, 2023990$697,135$605,476$91,659$119,903$0$119,903
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$320,125
Program service revenue
$0
Investment income
$6,086
Other revenue
$0

Expenses

Grants and similar amounts paid
$391,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,000
Program services (functional)
$391,000
Management and general (functional)
$6,280

Balance sheet and other

Total assets, start of year
$217,445
Total assets, end of year
$152,376
Total liabilities, end of year
$6,000
Net assets, end of year
$146,376
Gross receipts
$326,211
Employees
0
Volunteers
0
Year formed
2021
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARCELA GONZALEZ DE COSIODIRECTOR
Trustee or director
4$0
SERGIO LAGUNESDIRECTOR
Trustee or director
5$0
CARLOS MADRAZODIRECTOR
Trustee or director
1$0
GORDON LEEDIRECTOR
Trustee or director
1$0
990-EZ for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensation
MARCELA GONZALEZ DE COSIODIRECTOR4$0
SERGIO LAGUNESDIRECTOR5$0
CARLOS MADRAZODIRECTOR1$0
GORDON LEEDIRECTOR1$0
990 for the year ended March 31, 2023: 4 people
NameTitleHours / weekCompensation
MARCELA GONZALEZ DE COSIODIRECTOR
Trustee or director
4$0
CARLOS MADRAZODIRECTOR
Trustee or director
1$0
SERGIO LAGUNESPRESIDENT
Trustee or director
5$0
GORDON LEETREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
654 MADISON AVE RM 1001, NEW YORK, NY 10065-8435
In care of
% SERGIO LAGUNES
Mailing address (990-N for 2020)
605 THIRD AVENUE, NEW YORK NY 10158
Principal officer (990 for 2024)
SERGIO LAGUNES, 15 EAST 91ST APT 14B, NEW YORK, NY 10128
Principal officer (990-N for 2020)
SERGIO LAGUNES, 15 EAST 91ST APT 14B, NEW YORK NY 10128
Signed the 990
SERGIO LAGUNES, DIRECTOR
Phone
(212) 716-3305
Return prepared by
RRBB ADVISORS LLC

Mission

THE FRIENDS OF KARDIAS FOUNDATION'S EXEMPT PURPOSE IS TO RAISE FUNDS AND DONATE THOSE FUNDS IN ORDER TO IMPROVE THE QUALITY OF HEALTHCARE AVAILABLE AND TO INCREASE ACCESS TO HEALTHCARE FOR ALL REGARDLESS OF THE ABILITY TO PAY. THE FOUNDATION WILL RAISE FUNDS AND DONATE SUCH FUNDS TO ORGANIZATIONS OFFERING HEALTH ADVOCACY AND PROMOTING PUBLIC HEALTH AND ACCESS TO HEALTHCARE.

990 for the year ended March 31, 2025

Program accomplishments

  • THE FOUNDATION WILL RAISE FUNDS AND DONATE SUCH FUNDS TO ORGANIZATIONS OFFERING HEALTH ADVOCACY AND PROMOTING PUBLIC HEALTH AND ACCESS TO HEALTHCARE.
    Expenses $391,000 · grants $391,000

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990-EZ on file

IRS record

EIN
85-0746123
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E60)
Assets (IRS master file)
$152,376
Income (IRS master file)
$326,211

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$326,211$397,280$152,376XML
990-EZMarch 2024$104,824$7,282$217,445IRS
990March 2023$697,135$605,476$119,903XML
990-EZMarch 2022–––IRS
990-N for 2020
Officer: SERGIO LAGUNES
March 31, 2021≤ $50,000 receipts––e-Postcard

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 85-0746123).

Questions about FRIENDS OF KARDIAS FOUNDATION

What is the EIN of FRIENDS OF KARDIAS FOUNDATION?
The employer identification number (EIN) of FRIENDS OF KARDIAS FOUNDATION is 85-0746123.
Is FRIENDS OF KARDIAS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FRIENDS OF KARDIAS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF KARDIAS FOUNDATION 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 FRIENDS OF KARDIAS FOUNDATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF KARDIAS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of FRIENDS OF KARDIAS FOUNDATION?
The 990 for the year ended March 31, 2025 names SERGIO LAGUNES.
Who are the officers and directors of FRIENDS OF KARDIAS FOUNDATION?
The 990 for the year ended March 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF KARDIAS FOUNDATION have?
On its 990 for the year ended March 31, 2025 it reported revenue of $326,211, expenses of $397,280 and total assets of $152,376 at year end.

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