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Nonprofit · EIN 87-2786275

XAVIER CORTADA FOUNDATION INC

Also known as XAVIER CORTADA FOUNDATION

Tax-exempt · PALMETTO BAY, FL 33158

Financials

$171K$85K2023$62K$123K2024
Revenue Expenses · by fiscal year end
Financials of XAVIER CORTADA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$61,897$123,280-$61,383$35,825$4,611$31,214
December 31, 2023990-PF$171,180$85,497$85,683$98,417$5,820$92,597
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$42,227
Other income
$19,670

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$76,917
Disbursements for charitable purposes
$40,290

Balance sheet and other

Total assets, start of year
$98,417
Total assets, end of year
$35,825
Total liabilities, end of year
$4,611
Net assets, end of year
$31,214
Fair market value of assets
$35,825
Qualifying distributions
$40,290

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
XAVIER CORTADA
14275 SW 73RD AVENUE, PALMETTO BAY, FL 33158
PRESIDENT25$0
JUAN CARLOS ESPINOSA
14275 SW 73RD AVENUE, PALMETTO BAY, FL 33158
VICE CHAIR5$0
LYDIA MARTIN
3301 NE 5 AVE, PALMETTO BAY, FL 33158
MEMBER-AT-LA0.25$0
ANTHONY BAILEY
2524 VIA RIVERA, PALOS VERDES ESTATES, CA 90274
TREASURER1$0
FRANK JIMENEZ
26 SKATING POND RD, WESTON, MA 02493
CHAIRRMAN1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
XAVIER CORTADA
14275 SW 73RD AVENUE, PALMETTO BAY, FL 33158
CHAIRMAN8$0
JUAN CARLOS ESPINOSA
14275 SW 73RD AVENUE, PALMETTO BAY, FL 33158
VICE CHAIRMA5$0
LYDIA MARTIN
3301 NE 5 AVE, PALMETTO BAY, FL 33158
SECRETARY0.25$0
ANTHONY BAILEY
2524 VIA RIVERA, PALOS VERDES ESTATES, CA 90274
TREASURER0.25$0
FRANK JIMENEZ
26 SKATING POND RD, WESTON, MA 02493
DIRECTOR0.25$0
JORGE MURSULI
5781 BISCAYNE BLVD 603, MIAMI, FL 33137
DIRECTOR0.25$0

Address and contacts

Address (IRS master file)
14275 SW 73RD AVE, PALMETTO BAY, FL 33158-1688
In care of
% XAVIER I CORTADA
Signed the 990-PF
XAVIER CORTADA, PRESIDENT
Phone
(305) 858-1323
Return prepared by
LIBERMAN & ASSOCIATES PA

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
87-2786275
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)
$35,825
Income (IRS master file)
$61,897

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$61,897$123,280$35,825IRS
990-PFDecember 2023$171,180$85,497$98,417XML
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 87-2786275).

Questions about XAVIER CORTADA FOUNDATION INC

What is the EIN of XAVIER CORTADA FOUNDATION INC?
The employer identification number (EIN) of XAVIER CORTADA FOUNDATION INC is 87-2786275.
Is XAVIER CORTADA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to XAVIER CORTADA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does XAVIER CORTADA FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of XAVIER CORTADA 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 XAVIER CORTADA 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 XAVIER CORTADA FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does XAVIER CORTADA FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $61,897, expenses of $123,280 and total assets of $35,825 at year end.

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