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Nonprofit · EIN 85-3376905

POLK INSTITUTE FOUNDATION

Tax-exempt · CARSON, CA 90746

Financials

$77K$127K2023
Revenue Expenses · by fiscal year end
Financials of POLK INSTITUTE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$76,507$127,092-$50,585$23,778$1,973$21,805
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$76,507

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$8,000
Occupancy
$15,240
Printing, publications and postage
$1,902
Other expenses
$101,950
Program services (functional)
$127,092

Balance sheet and other

Total assets, start of year
$73,956
Total assets, end of year
$23,778
Total liabilities, end of year
$1,973
Net assets, end of year
$21,805
Cash, savings and investments
$4,078
Gross receipts
$76,507

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL LAWSONBOARD MEMBER1$0
GARY POLKCHAIRMAN AND CEO20$0
TIM DURACHEIF OPERATIONS OFFICER30$0
CLAUDINE POLKCHIEF OF STAFF20$0
MICHAEL MANAHANTREASURER8$0

Address and contacts

Address (IRS master file)
1552 E CYRENE DR, CARSON, CA 90746-3102
In care of
% GARY POLK
Mailing address (990-N for 2021)
1552 E Cyrene Drive, Carson CA 90746
Principal officer (990-N for 2021)
Gary Polk, 1552 E Cyrene Drive, Carson CA 90746
Signed the 990-EZ
GARY POLK, CHIEF EXECUTIVE OFFICER
Phone
(213) 675-6157
Return prepared by
PDM LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 85-3376905 or by the name POLK INSTITUTE FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE. TO HELP LAUNCH 1,000 SOCIAL ENTREPRENEURSHIPS BY 2032.
    Expenses $127,092

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, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-3376905
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30)
Assets (IRS master file)
$23,778
Income (IRS master file)
$76,507

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$76,507$127,092$23,778XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Gary Polk
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Gary Polk
December 31, 2020≤ $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 85-3376905).

Questions about POLK INSTITUTE FOUNDATION

What is the EIN of POLK INSTITUTE FOUNDATION?
The employer identification number (EIN) of POLK INSTITUTE FOUNDATION is 85-3376905.
Is POLK INSTITUTE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to POLK INSTITUTE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POLK INSTITUTE 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 POLK INSTITUTE 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 POLK INSTITUTE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of POLK INSTITUTE FOUNDATION?
The 990-N for 2021 names Gary Polk.
Who are the officers and directors of POLK INSTITUTE FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does POLK INSTITUTE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $76,507, expenses of $127,092 and total assets of $23,778 at year end.

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