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Nonprofit · EIN 87-1336001

YAL FOUNDATION INC

Tax-exempt · MERIDIAN, ID 83642

Financials

$68K$9K2023$140K$157K2024
Revenue Expenses · by fiscal year end
Financials of YAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$140,254$157,234-$16,980$2,858,843$0$2,858,843
December 31, 2023990-PF$68,106$9,495$58,611$2,717,774$100,000$2,617,774
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$74,929
Interest
$644
Net gain from sales of assets
$64,681

Expenses

Grants and similar amounts paid
$151,102
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$153,632
Excise tax on investment income
$1,900

Balance sheet and other

Total assets, start of year
$2,717,774
Total assets, end of year
$2,858,843
Total liabilities, end of year
$0
Net assets, end of year
$2,858,843
Fair market value of assets
$2,858,843
Qualifying distributions
$153,632
Net investment income
$138,261

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.

NameTitleHours / weekCompensation
LORETTA DORMAN
2541 E GALA ST STE 310, MERIDIAN, ID 83642
TRUSTEE0.1$0
DAVID COLLINS
2541 E GALA ST STE 310, MERIDIAN, ID 83642
CFO0.5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
LORETTA DORMAN
2541 E GALA ST STE 310, MERIDIAN, ID 83642
TRUSTEE0.1$0
DAVID COLLINS
2541 E GALA ST STE 310, MERIDIAN, ID 83642
CFO0.5$0

Address and contacts

Address (IRS master file)
2541 E GALA ST STE 310, MERIDIAN, ID 83642-5330
Signed the 990-PF
DAVID COLLINS, CFO
Phone
(208) 202-2505
Return prepared by
EIDE BAILLY LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-1336001
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)
Human services (P20)
Assets (IRS master file)
$2,858,843
Income (IRS master file)
$2,316,230

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$140,254$157,234$2,858,843IRS
990-PFDecember 2023$68,106$9,495$2,717,774XML
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 87-1336001).

Questions about YAL FOUNDATION INC

What is the EIN of YAL FOUNDATION INC?
The employer identification number (EIN) of YAL FOUNDATION INC is 87-1336001.
Is YAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to YAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does YAL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of YAL 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 YAL 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 YAL FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does YAL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $140,254, expenses of $157,234 and total assets of $2,858,843 at year end.

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