Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-0843619

THE PAINT FOUNDATION

Tax-exempt · NEW YORK, NY 10004

Financials

$1.5M$734K2023$572K$751K2024$583K$810K2025
Revenue Expenses · by fiscal year end
Financials of THE PAINT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$583,125$809,503-$226,378$3,027,513$0$3,027,513
December 31, 2024990$571,539$750,624-$179,085$3,126,958$0$3,126,958
December 31, 2023990$1,508,177$733,724$774,453$3,306,043$0$3,306,043
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$583,125
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$632,966
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$103,405
Depreciation
$69,257
Program services (functional)
$632,966
Management and general (functional)
$176,537

Balance sheet and other

Total assets, start of year
$3,126,958
Total assets, end of year
$3,027,513
Total liabilities, end of year
$0
Net assets, end of year
$3,027,513
Land, buildings and equipment
$2,278,265
Net assets without donor restrictions
$3,027,513
Gross receipts
$583,125
Employees
0
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.

NameTitleHours / weekCompensation
HUZAIFA MATAWALAPRESIDENT
Trustee or director, Officer
40$0
FATEMA MATAWALAVICE PRESIDENT
Trustee or director, Officer
40$0
990 for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
Huzaifa MatawalaPresident
Trustee or director, Officer
40$0
Fatema MatawalaVice President
Trustee or director, Officer
40$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Huzaifa MatawalaPresident
Trustee or director, Officer
40$0
Fatema MatawalaVice President
Trustee or director, Officer
40$0

Address and contacts

Address (IRS master file)
10 WEST STREET, NEW YORK, NY 10004-1072
Principal officer (990 for 2025)
HUZAIFA MATAWALA, 10 WEST STREET, NEW YORK, NY 10004
Signed the 990
HUZAIFA MATAWALA, PRESIDENT
Phone
(646) 619-7185
Return prepared by
Inderpreet Singh CPA PLLC

Mission

PROVIDE ENVIRONMENTALLY SUSTAINABLE REUSE OPTIONS TO GENERATORS FOR THEIR NON-SALABLE , NON-REUSABLE, AND WASTE RECYCLING IT BACK IN CIRCULAR ECONOMY, CREATING PRODUCTS OF USE AND VALUE FOR DEVELOPING COMMUNITIES

990 for the year ended December 31, 2025

Program accomplishments

  • RECIEVE DONATED OLD AND USED PAINTS. PAINT IS RECYCLED AND THEN DONATED TO ANOTHER CHARITY TO PAINT HOMES FOR THE UNDER PRIVILEGED
    Expenses $632,966 · revenue $583,125

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0843619
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C27)
Assets (IRS master file)
$3,027,513
Income (IRS master file)
$583,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$1,508,177$733,724$3,306,043IRS
990December 2022$3,061,400$530,028$2,531,590IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about THE PAINT FOUNDATION

What is the EIN of THE PAINT FOUNDATION?
The employer identification number (EIN) of THE PAINT FOUNDATION is 85-0843619.
Is THE PAINT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to THE PAINT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PAINT 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 THE PAINT 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 THE PAINT FOUNDATION 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 THE PAINT FOUNDATION?
The 990 for the year ended December 31, 2025 names HUZAIFA MATAWALA.
Who are the officers and directors of THE PAINT FOUNDATION?
The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does THE PAINT FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $583,125, expenses of $809,503 and total assets of $3,027,513 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Environment