Nonprofit · EIN 87-3985130
FOUNDATION4INNOVATION INC
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $40,011 | $28,433 | $11,578 | $24,959 | – | $24,959 |
| December 31, 2024 | 990-EZ | $30,760 | $26,865 | $3,895 | $13,381 | – | $13,381 |
| December 31, 2023 | 990-EZ | $14,766 | $10,296 | $4,470 | $9,486 | – | $9,486 |
| December 31, 2021 | 990-EZ | $1 | $1 | $0 | $0 | – | $0 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $40,010
- Other revenue
- $1
Expenses
- Grants and similar amounts paid
- $19,375
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $420
- Other expenses
- $8,638
- Program services (functional)
- $9,058
Balance sheet and other
- Total assets, start of year
- $13,381
- Total assets, end of year
- $24,959
- Total liabilities, end of year
- –
- Net assets, end of year
- $24,959
- Cash, savings and investments
- $24,959
- Gross receipts
- $40,011
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCI KELLER | Director | 10 | $0 |
| DAWN FREGOSA | Director | 10 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCI KELLER | Director | 0 | $0 |
| DAWN FREGOSA | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCI KELLER | Director | 0 | $0 |
| DAWN FREGOSA | Director | 0 | $0 |
990-EZ for the year ended December 31, 2021: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCI KELLER | DIRECTOR | 0 | $0 |
| DAWN FREGOSA | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 DRY CREEK RD, MONTEREY, CA 93940-4203
- Signed the 990-EZ
- DAWN FREGOSA, Director
- Phone
- (831) 646-6590
- Return prepared by
- NEEKA CORPORATION
California records
California keeps its own records of charities and corporations. Search them by EIN 87-3985130 or by the name FOUNDATION4INNOVATION INC.
- 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
TO FOSTER INNOVATION AND IDEATION FOR UNDERSERVED POPULATION WITH EDUCATION, EXPERIMENTATION, TRIAL AND ERROR, CONTINUOUS LEARNING, AND ACTION TO MAKE A POSITIVE IMPACT ON LOCAL COMMUNITIES AND OPPORTUNITIES FOR SUCCESSFUL FUTURES
Program accomplishments
- TO FOSTER INNOVATION AND IDEATION FOR UNDERSERVED POPULATION WITH EDUCATION, EXPERIMENTATION, TRIAL AND ERROR, CONTINUOUS LEARNING, AND ACTION TO MAKE A POSITIVE IMPACT ON LOCAL COMMUNITIES AND OPPORTUNITIES FOR SUCCESSFUL FUTURES.Expenses $9,058 · grants $19,375
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 | 990-EZ 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
- 87-3985130
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $24,959
- Income (IRS master file)
- $40,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $40,011 | $28,433 | $24,959 | IRS |
| 990-EZ | December 2024 | $30,760 | $26,865 | $13,381 | XML |
| 990-EZ | December 2023 | $14,766 | $10,296 | $9,486 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $1 | $1 | $0 | XML |
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 87-3985130).
Questions about FOUNDATION4INNOVATION INC
- What is the EIN of FOUNDATION4INNOVATION INC?
- The employer identification number (EIN) of FOUNDATION4INNOVATION INC is 87-3985130.
- Is FOUNDATION4INNOVATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FOUNDATION4INNOVATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION4INNOVATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FOUNDATION4INNOVATION 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 FOUNDATION4INNOVATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FOUNDATION4INNOVATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION4INNOVATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $40,011, expenses of $28,433 and total assets of $24,959 at year end.
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All nonprofits in MONTEREY · California · Community improvement and capacity building