Nonprofit · EIN 88-1539467
FOUNDATION OF AMERICAN IDEALS INC
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $58,000 | $48,312 | $9,688 | $87,870 | $0 | $87,870 |
| December 31, 2024 | 990-EZ | $21,370 | $43,424 | -$22,054 | $78,182 | $0 | $78,182 |
| December 31, 2023 | 990-EZ | $86,561 | $11,425 | $75,136 | $100,236 | $0 | $100,236 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $58,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $30,000
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $34,222
- Printing, publications and postage
- $256
- Other expenses
- $13,834
- Program services (functional)
- $22,222
Balance sheet and other
- Total assets, start of year
- $78,182
- Total assets, end of year
- $87,870
- Total liabilities, end of year
- $0
- Net assets, end of year
- $87,870
- Cash, savings and investments
- $87,870
- Gross receipts
- $58,000
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 |
|---|---|---|---|
| Jack Duane Warren Jr | chief executive | 40 | $30,000 |
| Charles Lily Coltman III | director | 4 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jack Duane Warren Jr | chief executive | 20 | $32,000 |
| Charles Lily Coltman III | director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jack Duane Warren Jr | chief executive | 20 | $4,000 |
| Charles Lily Coltman III | director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3170 OCEAN BLVD, PALM BEACH, FL 33480-5625
- Mailing address (990-N for 2022)
- 455 NE 5th Avenue STE D425, Delray Beach FL 33483
- Principal officer (990-N for 2022)
- Charles L Coltman III, 455 NE 5th Avenue STE D425, Delray Beach FL 33483
- Signed the 990-EZ
- Jack Warren, chief executive
- Phone
- (202) 531-9278
- Website
- www.americanideal.org
Mission
Education
Program accomplishments
- The foundation continued to build the educational website (americanideal.org) launched in November 2023, adding a considerable amount of new educational content. The foundation also presented lectures on history and history education for audiences in Pennsylvania, Virginia, Massachusetts, and the District of Columbia. In addition, the foundation supported the writing of America: 250 Years of Independence, a forthcoming book aimed at high school age readers.Expenses $22,222
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 | 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
- 88-1539467
- 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 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $87,870
- Income (IRS master file)
- $58,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $58,000 | $48,312 | $87,870 | IRS |
| 990-EZ | December 2024 | $21,370 | $43,424 | $78,182 | IRS |
| 990-EZ | December 2023 | $86,561 | $11,425 | $100,236 | XML |
| 990-N for 2022 Officer: Charles L Coltman III | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-1539467).
Questions about FOUNDATION OF AMERICAN IDEALS INC
- What is the EIN of FOUNDATION OF AMERICAN IDEALS INC?
- The employer identification number (EIN) of FOUNDATION OF AMERICAN IDEALS INC is 88-1539467.
- Is FOUNDATION OF AMERICAN IDEALS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FOUNDATION OF AMERICAN IDEALS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION OF AMERICAN IDEALS 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 FOUNDATION OF AMERICAN IDEALS 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 FOUNDATION OF AMERICAN IDEALS 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 is the principal officer of FOUNDATION OF AMERICAN IDEALS INC?
- The 990-N for 2022 names Charles L Coltman III.
- Who are the officers and directors of FOUNDATION OF AMERICAN IDEALS INC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $30,000 (Jack Duane Warren Jr, chief executive).
- How much revenue does FOUNDATION OF AMERICAN IDEALS INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $58,000, expenses of $48,312 and total assets of $87,870 at year end.
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