Nonprofit · EIN 85-4058322
FEKETE FOUNDATION INC
Tax-exempt · DULUTH, GA 30097
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $69,149 | $450,000 | -$380,851 | $1,376,339 | $0 | $1,376,339 |
| December 31, 2023 | 990-PF | $31,285 | $75,000 | -$43,715 | $1,757,190 | $0 | $1,757,190 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $29,301
- Interest
- $127
- Net gain from sales of assets
- $39,721
Expenses
- Grants and similar amounts paid
- $450,000
- Disbursements for charitable purposes
- $450,000
- Excise tax on investment income
- $409
Balance sheet and other
- Total assets, start of year
- $1,757,190
- Total assets, end of year
- $1,376,339
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,376,339
- Fair market value of assets
- $2,265,802
- Qualifying distributions
- $450,000
- Net investment income
- $29,428
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 |
|---|---|---|---|
| PAUL FEKETE 2628 HABERSHAM RD NW, ATLANTA, GA 30305 | PRESIDENT | 0 | $0 |
| CHRISTOPHER TOWNSEND 2170 SATELLITE BLVD, SUITE 175, DULUTH, GA 30097 | CFO | 0 | $0 |
| SARA WILLIAMS MCDANIEL 2628 HABERSHAM RD NW, ATLANTA, GA 30305 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL FEKETE 2628 HABERSHAM RD NW, ATLANTA, GA 30305 | PRESIDENT | 0 | $0 |
| CHRISTOPHER TOWNSEND 2170 SATELLITE BLVD, SUITE 175, DULUTH, GA 30097 | CFO | 0 | $0 |
| SARA WILLIAMS MCDANIEL 2628 HABERSHAM RD NW, ATLANTA, GA 30305 | SECRETARY | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2170 SATELLITE BLVD STE 175, DULUTH, GA 30097-6260
- Signed the 990-PF
- CHRISTOPHER TOWNSEND, CFO
- Phone
- (678) 474-4608
- Return prepared by
- MCMULLAN AND COMPANY CPAS
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
- 85-4058322
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,376,339
- Income (IRS master file)
- $213,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $69,149 | $450,000 | $1,376,339 | XML |
| 990-PF | December 2023 | $31,285 | $75,000 | $1,757,190 | IRS |
| 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 85-4058322).
Questions about FEKETE FOUNDATION INC
- What is the EIN of FEKETE FOUNDATION INC?
- The employer identification number (EIN) of FEKETE FOUNDATION INC is 85-4058322.
- Is FEKETE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FEKETE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FEKETE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FEKETE 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 FEKETE 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 FEKETE 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 FEKETE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $69,149, expenses of $450,000 and total assets of $1,376,339 at year end.
Other nonprofits in DULUTH
- COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC EIN 58-1557995 · last filed 990 for 2024
- THE SCOTT HUDGENS FAMILY FOUNDATION INC EIN 58-2513020 · last filed 990-PF for 2024
- JIM & PAULA MCDONALD CHARITABLE TR 12152000 EIN 58-6429849 · last filed 990-PF for 2025
- CHU FAMILY FOUNDATION INC EIN 32-0338339 · last filed 990-PF for 2024
- PRIMERICA FOUNDATION INC EIN 27-4689647 · last filed 990-PF for 2024
- WOMENS CLUB OF SUGARLOAF COUNTRY CLUB CHARITIES INC EIN 26-1140144 · last filed 990 for 2025
- STINCHCOMB FAMILY FOUNDATION INC EIN 20-4003704 · last filed 990-PF for 2025
- SHETH FAMILY FOUNDATION INC EIN 58-2498469 · last filed 990-PF for 2024
All nonprofits in DULUTH · Georgia · Philanthropy, voluntarism and grantmaking foundations