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Nonprofit · EIN 87-3383440

MARK AND KAREN GERGEL FOUNDATION INC

Tax-exempt · CANTON, GA 30115

Financials

$22K$62K2023$20K$100K2024$14K$62K2025
Revenue Expenses · by fiscal year end
Financials of MARK AND KAREN GERGEL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$13,778$61,890-$48,112$356,088$2,500$353,588
December 31, 2024990-PF$20,315$100,278-$79,963$401,700$0$401,700
December 31, 2023990-PF$22,004$61,774-$39,770$481,663$0$481,663
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Interest
$13,778

Expenses

Grants and similar amounts paid
$59,920
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$59,920
Excise tax on investment income
$168

Balance sheet and other

Total assets, start of year
$401,700
Total assets, end of year
$356,088
Total liabilities, end of year
$2,500
Net assets, end of year
$353,588
Fair market value of assets
$356,088
Qualifying distributions
$59,920
Net investment income
$13,778

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
Mark Gergel
126 Owens Mill Place, Canton, GA 30115
TREASURER0$0
Karen Gergel
126 Owens Mill Place, Canton, GA 30115
President0$0
Kristin Swift
36 Green Heron Street, Inlet Beach, FL 32461
Vice President0$0
Michelle Burruss
137 EDINBURGH DRIVE, HOLLY SPRINGS, GA 30115
Director0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Mark Gergel
907 Peacocks Point Dr, Destin, FL 32541
TREASURER0$0
Karen Gergel
907 Peacocks Point Dr, Destin, FL 32541
President0$0
Kristin Swift
137 OLD FERRY ROAD, SANTA ROSA BEACH, FL 32459
Vice President0$0
Michelle Burruss
137 EDINBURGH DRIVE, HOLLY SPRINGS, GA 30115
Director0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Mark Gergel
907 Peacocks Point Dr, Destin, FL 32541
TREASURER0$0
Karen Gergel
907 Peacocks Point Dr, Destin, FL 32541
President0$0
Kristin Swift
137 OLD FERRY ROAD, SANTA ROSA BEACH, FL 32459
Vice President0$0
Michelle Burruss
137 EDINBURGH DRIVE, HOLLY SPRINGS, GA 30115
Director0$0

Address and contacts

Address (IRS master file)
126 OWENS MILL PL, CANTON, GA 30115-6560
In care of
% MARK GERGEL
Signed the 990-PF
Mark Gergel, TREASURER
Phone
(404) 217-4782
Return prepared by
MILLER COOPER & CO LTD

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
87-3383440
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
Assets (IRS master file)
$356,088
Income (IRS master file)
$13,778

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$13,778$61,890$356,088IRS
990-PFDecember 2024$20,315$100,278$401,700IRS
990-PFDecember 2023$22,004$61,774$481,663XML
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 87-3383440).

Questions about MARK AND KAREN GERGEL FOUNDATION INC

What is the EIN of MARK AND KAREN GERGEL FOUNDATION INC?
The employer identification number (EIN) of MARK AND KAREN GERGEL FOUNDATION INC is 87-3383440.
Is MARK AND KAREN GERGEL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MARK AND KAREN GERGEL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARK AND KAREN GERGEL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MARK AND KAREN GERGEL 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 MARK AND KAREN GERGEL 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 MARK AND KAREN GERGEL FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MARK AND KAREN GERGEL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $13,778, expenses of $61,890 and total assets of $356,088 at year end.

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