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Nonprofit · EIN 86-3920921

KORTRIGHT KARES FOUNDATION 7 INC

Tax-exempt · EAST ISLIP, NY 11730

Financials

$55K$70K2023$66K$73K2024$59K$59K2025
Revenue Expenses · by fiscal year end
Financials of KORTRIGHT KARES FOUNDATION 7 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$58,604$59,287-$683$3,942$0$3,942
December 31, 2024990-EZ$66,214$72,738-$6,524$4,625$0$4,625
December 31, 2023990-EZ$55,099$70,411-$15,312$11,149$0$11,149
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$58,604

Expenses

Grants and similar amounts paid
$26,000
Compensation of officers, directors and key employees
$0
Other expenses
$33,287

Balance sheet and other

Total assets, start of year
$4,625
Total assets, end of year
$3,942
Total liabilities, end of year
$0
Net assets, end of year
$3,942
Cash, savings and investments
$3,942
Gross receipts
$58,604

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SEAN MONTALVODIRECTOR10$0
KENNETH KORTRIGHTPRESIDENT10$0
MONICA KORTRIGHTCHIEF FINANCIAL OFFICER10$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
SEAN MONTALVODIRECTOR10$0
KEN KORTRIGHTPRESIDENT10$0
MONICA KORTRIGHTCHIEF FINANCIAL OFFICER10$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SEAN MONTALVODIRECTOR10$0
KEN KORTRIGHTPRESIDENT10$0
MONICA KORTRIGHTCHIEF FINANCIAL OFFICER10$0

Address and contacts

Address (IRS master file)
2 HAWTHORNE AVE, EAST ISLIP, NY 11730-1925
Signed the 990-EZ
KENNETH KORTRIGHT, PRESIDENT
Phone
(631) 835-5222
Return prepared by
CRAIG CODY AND COMPANY INC

Mission

SEE SCHEDULE O

990-EZ for the year ended December 31, 2025

Program accomplishments

  • SPONSORED 12 YEAR OLD BASEBALL TEAM
  • FORM 990-EZ, PART IIIPRIMARY EXEMPT PURPOSE-RAISE FUNDS FOR LOCAL CHARITABLE ORGANIZATIONS WITH NON-EXCLUSIVE EMPHASIS ONUNDERPRIVELAGED STUDENT ATHLETES.

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-3920921
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
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 (B80)
Assets (IRS master file)
$3,942
Income (IRS master file)
$58,604

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$58,604$59,287$3,942IRS
990-EZDecember 2024$66,214$72,738$4,625XML
990-EZDecember 2023$55,099$70,411$11,149XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-TDecember 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 86-3920921).

Questions about KORTRIGHT KARES FOUNDATION 7 INC

What is the EIN of KORTRIGHT KARES FOUNDATION 7 INC?
The employer identification number (EIN) of KORTRIGHT KARES FOUNDATION 7 INC is 86-3920921.
Is KORTRIGHT KARES FOUNDATION 7 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to KORTRIGHT KARES FOUNDATION 7 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KORTRIGHT KARES FOUNDATION 7 INC 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 KORTRIGHT KARES FOUNDATION 7 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 KORTRIGHT KARES FOUNDATION 7 INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of KORTRIGHT KARES FOUNDATION 7 INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KORTRIGHT KARES FOUNDATION 7 INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $58,604, expenses of $59,287 and total assets of $3,942 at year end.

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