Nonprofit · EIN 86-3969839
TODD KARAS FOUNDATION
Tax-exempt · ALLISON PARK, PA 15101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $600 | $300 | $300 | $3,968 | $0 | $3,968 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $600
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $300
Balance sheet and other
- Total assets, start of year
- $3,668
- Total assets, end of year
- $3,968
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,968
- Cash, savings and investments
- $3,968
- Gross receipts
- $600
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRETT KARAS | PRESIDENT | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1218 E ELFINWILD RD, ALLISON PARK, PA 15101-3915
- In care of
- % BRETT KARAS
- Mailing address (990-N for 2021)
- 1218 E ELFINWILD RD, ALLISON PARK PA 151013915
- Principal officer (990-N for 2021)
- BRETT KARAS, 1218 E ELFFINWILD ROAD, ALLISON PARK PA 15101
- Signed the 990-EZ
- BRETT KARAS, PRESIDENT
- Phone
- (412) 610-5917
- Website
- THETODDKARASFOUNDATION.ORG
- Return prepared by
- Landmark TAS
Mission
TO OFFER TRIP SCHOLARSHIP
Program accomplishments
- TO OFFER TRIP SCHOLARSHIPS TO DESERVING/QUALIFYING, UNDERPRIVILEGED YOUTH FROM SING-PARENT FAMILIES.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-3969839
- 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-N (e-Postcard)
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $3,968
- Income (IRS master file)
- $600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $600 | $300 | $3,968 | XML |
| 990-EZ | December 2023 | $992 | $0 | $3,668 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: BRETT KARAS | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TODD KARAS FOUNDATION
- What is the EIN of TODD KARAS FOUNDATION?
- The employer identification number (EIN) of TODD KARAS FOUNDATION is 86-3969839.
- Is TODD KARAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to TODD KARAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TODD KARAS FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TODD KARAS 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 TODD KARAS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of TODD KARAS FOUNDATION?
- The 990-N for 2021 names BRETT KARAS.
- Who are the officers and directors of TODD KARAS FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does TODD KARAS FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $600, expenses of $300 and total assets of $3,968 at year end.
Other nonprofits in ALLISON PARK
- HAMPTON BASKETBALL ASSOCIATION EIN 84-3259553 · last filed 990-N for 2025
- REBECCA RESIDENCE EIN 25-0974311 · last filed 990 for 2025
- WILDWOOD GOLF CLUB EIN 25-1090156 · last filed 990 for 2025
- NORTH HILLS COMMUNITY OUTREACH INC EIN 25-1553057 · last filed 990 for 2025
- VINCENTIAN REGENCY EIN 25-1293904 · last filed 990 for 2025
- EDUNATIONS INC EIN 02-0761407 · last filed 990 for 2025
- NETWORK OF HOPE INC EIN 25-1900531 · last filed 990 for 2025
- WESTERN PENNSYLVANIA MONTESSORI SCHOOL EIN 25-6070444 · last filed 990 for 2025
All nonprofits in ALLISON PARK · Pennsylvania · Youth development