Nonprofit · EIN 87-3825123
MARCUS ALLEN FOUNDATION
Tax-exempt · LA JOLLA, CA 92037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $297,468 | $297,165 | $303 | $493,543 | $0 | $493,543 |
| December 31, 2023 | 990 | $435,946 | $312,633 | $123,313 | $493,240 | $0 | $493,240 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $384,500
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$87,032
- Other revenue
- -$87,032
Expenses
- Grants and similar amounts paid
- $195,000
- Compensation of officers, directors and key employees
- $94,084
- Salaries, compensation and benefits (total)
- $94,084
- Professional fundraising fees
- $0
- Program services (functional)
- $195,000
- Management and general (functional)
- $3,081
- Fundraising (functional)
- $99,084
Balance sheet and other
- Total assets, start of year
- $493,240
- Total assets, end of year
- $493,543
- Total liabilities, end of year
- $0
- Net assets, end of year
- $493,543
- Gross receipts
- $546,145
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2021
- State of legal domicile
- CA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE COLEMAN | PRESIDENT AND CEO Officer | 40 | $94,084 |
| MARCUS ALLEN | CHAIRMAN Trustee or director | 1 | $0 |
| STEPHEN J LUCZO | DIRECTOR Trustee or director | 1 | $0 |
| SHARON JESTER TURNEY | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER CELENTINO | DIRECTOR Trustee or director | 1 | $0 |
| RYAN GEE | DIRECTOR Trustee or director | 1 | $0 |
| PAUL AZZI | SECRETARY Officer | 1 | $0 |
| PAUL ESAJIAN | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE COLEMAN | PRESIDENT AND CEO Officer | 40 | $94,265 |
| MARCUS ALLEN | CHAIRMAN Trustee or director | 1 | $0 |
| STEPHEN J LUCZO | DIRECTOR Trustee or director | 1 | $0 |
| SHARON JESTER TURNEY | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER CELENTINO | DIRECTOR Trustee or director | 1 | $0 |
| RYAN GEE | DIRECTOR Trustee or director | 1 | $0 |
| PAUL AZZI | SECRETARY Officer | 1 | $0 |
| PAUL ESAJIAN | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9404 GENESEE AVE STE 100, LA JOLLA, CA 92037-1353
- In care of
- % PAUL AZZI
- Principal officer (990 for 2024)
- PAUL ESAJIAN, 9404 GENESEE AVENUE SUITE 100, LA JOLLA, CA 92037
- Signed the 990
- PAUL ESAJIAN, TREASURER
- Phone
- (619) 400-0519
- Return prepared by
- THE INNOVATIVE CPA GROUP LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 87-3825123 or by the name MARCUS ALLEN FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
OUR MISSION IS TO USE OUR PLATFORM TO SUPPORT ORGANIZATIONS WHO PROVIDE ECONOMIC ASSISTANCE TO UNDERPRIVILEGED CHILDREN USING SPORTS AS AN OUTLET. LEADING TO MORE OPPORTUNITIES TO EMPOWER. COLLECTIVELY, MAKING A LARGER IMPACT ON OUR YOUTH.
Program accomplishments
- YOUTH AND UNDERPRIVILEGED SPORTS AND ECONOMIC ASSISTANCE.Expenses $195,000 · grants $195,000
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3825123
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $493,543
- Income (IRS master file)
- $546,145
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $297,468 | $297,165 | $493,543 | XML |
| 990 | December 2023 | $435,946 | $312,633 | $493,240 | XML |
| 990 | December 2022 | $619,265 | $249,338 | $369,927 | 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 87-3825123).
Questions about MARCUS ALLEN FOUNDATION
- What is the EIN of MARCUS ALLEN FOUNDATION?
- The employer identification number (EIN) of MARCUS ALLEN FOUNDATION is 87-3825123.
- Is MARCUS ALLEN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MARCUS ALLEN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARCUS ALLEN FOUNDATION 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 MARCUS ALLEN 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 MARCUS ALLEN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MARCUS ALLEN FOUNDATION?
- The 990 for the year ended December 31, 2024 names PAUL ESAJIAN.
- Who are the officers and directors of MARCUS ALLEN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $94,084 (DENISE COLEMAN, PRESIDENT AND CEO).
- How much revenue does MARCUS ALLEN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $297,468, expenses of $297,165 and total assets of $493,543 at year end.
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