Nonprofit · EIN 85-4022464
K A A R FOUNDATION INC
Tax-exempt · JAX BCH, FL 32250
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $13,809 | $79,619 | -$65,810 | $152,815 | $6,110 | $146,705 |
| December 31, 2023 | 990-PF | $317 | $135,218 | -$134,901 | $201,111 | $1,000 | $200,111 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,035
- Dividends
- $4,903
- Net gain from sales of assets
- $7,871
Expenses
- Grants and similar amounts paid
- $61,210
- Disbursements for charitable purposes
- $61,210
- Excise tax on investment income
- $178
Balance sheet and other
- Total assets, start of year
- $201,111
- Total assets, end of year
- $152,815
- Total liabilities, end of year
- $6,110
- Net assets, end of year
- $146,705
- Fair market value of assets
- $152,815
- Qualifying distributions
- $61,210
- Net investment income
- $12,774
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 |
|---|---|---|---|
| ADAM DEGRAIDE 3948 3RD ST S 418, JACKSONVILLE BEACH, FL 32250 | CHAIRMAN | 3 | $0 |
| KRYSTLE DEGRAIDE 3948 3RD ST S 418, JACKSONVILLE BEACH, FL 32250 | TREASURER | 15 | $0 |
| BROOKE MYDLO 13619 LARANJA ST, CLERMONT, FL 34711 | SECRETARY | 5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADAM DEGRAIDE 3948 3RD ST S 418, JACKSONVILLE, FL 32250 | CHAIRMAN | 3 | $0 |
| KRYSTLE DEGRAIDE 3948 3RD ST S 418, JACKSONVILLE, FL 32250 | TREASURER | 15 | $0 |
| BROOKE MYDLO 13619 LARANJA ST, CLERMONT, FL 34711 | SECRETARY | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3948 3RD ST S, JAX BCH, FL 32250-5847
- Signed the 990-PF
- KRYSTLE DEGRAIDE, TREASURER
- Phone
- (407) 967-1247
- Return prepared by
- DuVal Fields CPA Group PA
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
- 85-4022464
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $152,815
- Income (IRS master file)
- $67,278
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $13,809 | $79,619 | $152,815 | XML |
| 990-PF | December 2023 | $317 | $135,218 | $201,111 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 85-4022464).
Questions about K A A R FOUNDATION INC
- What is the EIN of K A A R FOUNDATION INC?
- The employer identification number (EIN) of K A A R FOUNDATION INC is 85-4022464.
- Is K A A R FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to K A A R FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does K A A R FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of K A A R FOUNDATION INC 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 K A A R FOUNDATION INC 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 K A A R FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does K A A R FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,809, expenses of $79,619 and total assets of $152,815 at year end.
Other nonprofits in JAX BCH
- BERNISE R SHANKLIN FOUNDATION INC EIN 26-0873610 · last filed 990-PF for 2025
- N H TRUST EIN 59-7063240 · last filed 990-PF for 2025
- SCHILLER FAMILY FOUNDATION INC EIN 26-0709362 · last filed 990-PF for 2025
- THE DISCOVERY SCHOOL OF JACKSONVILLE INC EIN 59-3020308 · last filed 990 for 2025
- BEACHES EMERGENCY ASSISTANCE MINISTRY INC EIN 59-2564222 · last filed 990 for 2025
- OKOA REFUGE INC EIN 30-0513457 · last filed 990 for 2024
- MISSION HOUSE INC EIN 59-3376704 · last filed 990 for 2025
- GENERATION W INC EIN 46-4832199 · last filed 990 for 2024
All nonprofits in JAX BCH · Florida · Philanthropy, voluntarism and grantmaking foundations