Nonprofit · EIN 88-1145360
FOUNDWORK ORGANIZATION INC
Tax-exempt · ALTADENA, CA 91001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $117,782 | $111,298 | $6,484 | $32,540 | $0 | $32,540 |
| October 31, 2024 | 990-EZ | $95,339 | $93,470 | $1,869 | $26,056 | $0 | $26,056 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $10,000
- Program service revenue
- $107,782
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $13,727
- Other expenses
- $87,571
- Program services (functional)
- $103,661
Balance sheet and other
- Total assets, start of year
- $26,056
- Total assets, end of year
- $32,540
- Total liabilities, end of year
- $0
- Net assets, end of year
- $32,540
- Cash, savings and investments
- $32,540
- Gross receipts
- $117,782
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADAM YOKELL | EXECUTIVE DIRECTOR | 20 | $0 |
| FRANCISCO CORREA CORDERO | DIRECTOR | 1 | $0 |
| SHARON LOUDEN | DIRECTOR | 1 | $0 |
990-EZ for the year ended October 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADAM YOKELL | EXECUTIVE DIRECTOR | 20 | $0 |
| FRANCISCO CORREA CORDERO | DIRECTOR | 1 | $0 |
| SHARON LOUDEN | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2091 ROOSEVELT AVE, ALTADENA, CA 91001-3508
- In care of
- % PAMELA GRUTMAN
- Mailing address (990-N for 2022)
- 2091 Roosevelt Avenue, Altadena CA 91001
- Principal officer (990-N for 2022)
- Adam Yokell, 2091 Roosevelt Avenue, Altadena CA 91001
- Signed the 990-EZ
- ADAM YOKELL, EXECUTIVE DIRECTOR
- Phone
- (917) 494-3278
- Return prepared by
- QUIGLEY & MIRON
Mission
FOUNDWORK IS A LOS ANGELES-BASED NONPROFIT ORGANIZATION SUPPORTING ACCESS AND RECOGNITION FOR CONTEMPORARY ARTISTS GLOBALLY. WE PROVIDE A FOCUSED DIGITAL PLATFORM FOR EMERGING AND MID-CAREER ARTISTS TO INTRODUCE THEIR WORK TO CURATORS, GALLERISTS, AND OTHER COLLABORATORS ACROSS THE COMMUNITY.
Program accomplishments
- FOUNDWORK IS A LOS ANGELES-BASED NONPROFIT ORGANIZATION SUPPORTING ACCESS AND RECOGNITION FOR CONTEMPORARY ARTISTS GLOBALLY. WE PROVIDE A FOCUSED DIGITAL PLATFORM FOR EMERGING AND MID-CAREER ARTISTS TO INTRODUCE THEIR WORK TO CURATORS, GALLERISTS, AND OTHER COLLABORATORS ACROSS THE COMMUNITY.Expenses $103,661 · grants $10,000
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-EZ on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990-N on file |
IRS record
- EIN
- 88-1145360
- 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
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $32,540
- Income (IRS master file)
- $117,782
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | – | – | – | IRS |
| 990-EZ | October 2024 | – | – | – | IRS |
| 990-N for 2022 Officer: Adam Yokell | October 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FOUNDWORK ORGANIZATION INC
- What is the EIN of FOUNDWORK ORGANIZATION INC?
- The employer identification number (EIN) of FOUNDWORK ORGANIZATION INC is 88-1145360.
- Is FOUNDWORK ORGANIZATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FOUNDWORK ORGANIZATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDWORK ORGANIZATION INC 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 FOUNDWORK ORGANIZATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDWORK ORGANIZATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who is the principal officer of FOUNDWORK ORGANIZATION INC?
- The 990-N for 2022 names Adam Yokell.
- Who are the officers and directors of FOUNDWORK ORGANIZATION INC?
- The 990-EZ for the year ended October 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FOUNDWORK ORGANIZATION INC have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $117,782, expenses of $111,298 and total assets of $32,540 at year end.
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All nonprofits in ALTADENA · California · Arts, culture and humanities