Nonprofit · EIN 85-2573604
PARK L LOUGHLIN CHARITABLE FOUNDATION
Tax-exempt · OLYMPIC VLY, CA 96146
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,334,858 | $1,482,213 | -$147,355 | $35,504,212 | $2,063 | $35,502,149 |
| December 31, 2023 | 990-PF | $6,133,575 | $1,422,223 | $4,711,352 | $35,649,504 | $0 | $35,649,504 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $664,110
- Interest
- $1,851
- Net gain from sales of assets
- $668,897
Expenses
- Grants and similar amounts paid
- $1,107,500
- Compensation of officers, directors and key employees
- $76,000
- Disbursements for charitable purposes
- $1,245,868
- Excise tax on investment income
- $15,881
Balance sheet and other
- Total assets, start of year
- $35,649,504
- Total assets, end of year
- $35,504,212
- Total liabilities, end of year
- $2,063
- Net assets, end of year
- $35,502,149
- Fair market value of assets
- $46,078,905
- Qualifying distributions
- $1,245,868
- Net investment income
- $1,334,858
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 |
|---|---|---|---|
| Kerri Loughlin PO Box 2049, Olympic Valley, CA 96146 | Secretary / Director | 37 | $66,000 |
| Avinash Patil PO Box 2049, Olympic Valley, CA 96146 | Director | 1 | $10,000 |
| Christopher Loughlin PO Box 2049, Olympic Valley, CA 96146 | Chair / President | 5 | $0 |
| Penelope Perkins PO Box 2049, Olympic Valley, CA 96146 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kerri Loughlin PO Box 2049, Olympic Valley, CA 96146 | Secretary / Director | 5 | $24,000 |
| Christopher Loughlin PO Box 2049, Olympic Valley, CA 96146 | Chair / President | 10 | $0 |
| Avinash Patil PO Box 2049, Olympic Valley, CA 96146 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2049, OLYMPIC VLY, CA 96146-2049
- In care of
- % CHRISTOPHER R LOUGHLIN
- Signed the 990-PF
- Christopher Loughlin, Chairman / President
- Phone
- (530) 448-7519
- Return prepared by
- Blazek & Vetterling
California records
California keeps its own records of charities and corporations. Search them by EIN 85-2573604 or by the name PARK L LOUGHLIN CHARITABLE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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
- 85-2573604
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $35,504,212
- Income (IRS master file)
- $12,194,032
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,334,858 | $1,482,213 | $35,504,212 | XML |
| 990-PF | December 2023 | $6,133,575 | $1,422,223 | $35,649,504 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 85-2573604).
Questions about PARK L LOUGHLIN CHARITABLE FOUNDATION
- What is the EIN of PARK L LOUGHLIN CHARITABLE FOUNDATION?
- The employer identification number (EIN) of PARK L LOUGHLIN CHARITABLE FOUNDATION is 85-2573604.
- Is PARK L LOUGHLIN CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PARK L LOUGHLIN CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARK L LOUGHLIN CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARK L LOUGHLIN CHARITABLE 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 PARK L LOUGHLIN CHARITABLE 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 PARK L LOUGHLIN CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $66,000 (Kerri Loughlin, Secretary / Director).
- How much revenue does PARK L LOUGHLIN CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,334,858, expenses of $1,482,213 and total assets of $35,504,212 at year end.
Other nonprofits in OLYMPIC VLY
- SHANE MCCONKEY FOUNDATION EIN 27-4674949 · last filed 990 for 2025
- CREEKSIDE CHARTER MANAGEMENT EIN 46-2399959 · last filed 990 for 2025
- AMERICAN INSTITUTE OF MEDICAL EDUCATION EIN 95-3692383 · last filed 990 for 2024
- TAHOE ENDURANCE CLUB EIN 99-2338501 · last filed 990 for 2025
- SQUAW VALLEY SKI MUSEUM FOUNDATION INC EIN 26-3480974 · last filed 990 for 2025
- CREEKSIDE PTO INC EIN 83-0376312 · last filed 990-EZ for 2025
- PALISADES TAHOE COMMUNITY FOUNDATION EIN 26-2490080 · last filed 990-EZ for 2025
- OLYMPIC VALLEY PUBLIC SERVICE DISTRICT TRUST EIN 30-1287849 · last filed 990 for 2025
All nonprofits in OLYMPIC VLY · California · Philanthropy, voluntarism and grantmaking foundations