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

Nonprofit · EIN 85-4357221

CELADON FOUNDATION INC

Tax-exempt · MORRISTOWN, NJ 07960

Financials

$33K$5K2023$130K$149K2024$241K$3K2025
Revenue Expenses · by fiscal year end
Financials of CELADON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$241,324$2,675$238,649$291,804$0$291,804
December 31, 2024990-PF$130,384$148,656-$18,272$56,342$84$56,258
December 31, 2023990-PF$33,117$5,300$27,817$71,160$68$71,092
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$241,316
Dividends
$146
Interest
$50
Net gain from sales of assets
-$272
Other income
$84

Expenses

Grants and similar amounts paid
$2,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,500

Balance sheet and other

Total assets, start of year
$56,342
Total assets, end of year
$291,804
Total liabilities, end of year
$0
Net assets, end of year
$291,804
Fair market value of assets
$291,804
Qualifying distributions
$2,500

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Paul Waldman
10 North Park Place, Morristown, NJ 07960
Director0$0
Daryl Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Marjorie Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Ian Fuller
10 North Park Place, Morristown, NJ 07960
Director0$0
Nelson Navas
10 North Park Place, Morristown, NJ 07960
Treasurer0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Paul Waldman
10 North Park Place, Morristown, NJ 07960
Director0$0
Daryl Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Marjorie Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Ian Fuller
10 North Park Place, Morristown, NJ 07960
Director0$0
Nelson Navas
10 North Park Place, Morristown, NJ 07960
Treasurer0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Paul Waldman
10 North Park Place, Morristown, NJ 07960
Director0$0
Daryl Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Marjorie Hersch
10 North Park Place, Morristown, NJ 07960
Director0$0
Ian Fuller
10 North Park Place, Morristown, NJ 07960
Director0$0
Nelson Navas
10 North Park Place, Morristown, NJ 07960
Treasurer0$0

Address and contacts

Address (IRS master file)
89 HEADQUARTERS PLZ PMB 1483, MORRISTOWN, NJ 07960-6834
In care of
% THE CELADON FOUNDATION INC
Signed the 990-PF
DARYL HERSCH, Director
Phone
(877) 829-5500
Return prepared by
Berkower LLC

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

IRS record

EIN
85-4357221
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
Assets (IRS master file)
$291,804
Income (IRS master file)
$265,348

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$241,324$2,675$291,804XML
990-PFDecember 2024$130,384$148,656$56,342XML
990-PFDecember 2023$33,117$5,300$71,160XML
990-PFDecember 2022–––IRS
990-PFDecember 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 85-4357221).

Questions about CELADON FOUNDATION INC

What is the EIN of CELADON FOUNDATION INC?
The employer identification number (EIN) of CELADON FOUNDATION INC is 85-4357221.
Is CELADON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to CELADON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CELADON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CELADON FOUNDATION INC 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 CELADON FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CELADON FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CELADON FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $241,324, expenses of $2,675 and total assets of $291,804 at year end.

Other nonprofits in MORRISTOWN

All nonprofits in MORRISTOWN · New Jersey · Philanthropy, voluntarism and grantmaking foundations