Nonprofit · EIN 88-3538584
COLATOSTI FAMILY FOUNDATION
Tax-exempt · LEXINGTON, MA 02420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $196,127 | $475,794 | -$279,667 | $2,407,332 | $0 | $2,407,332 |
| December 31, 2024 | 990-PF | $633,247 | $436,114 | $197,133 | $2,631,061 | $0 | $2,631,061 |
| December 31, 2023 | 990-PF | $106,058 | $274,673 | -$168,615 | $2,712,536 | $0 | $2,712,536 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $100,000
- Dividends
- $96,127
Expenses
- Grants and similar amounts paid
- $459,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $460,950
- Excise tax on investment income
- $1,316
Balance sheet and other
- Total assets, start of year
- $2,631,061
- Total assets, end of year
- $2,407,332
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,407,332
- Fair market value of assets
- $2,407,332
- Qualifying distributions
- $460,950
- Net investment income
- $96,127
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Nancy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Thomas Colatosti Jr 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Timothy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Nancy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Thomas Colatosti Jr 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Timothy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Nancy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Thomas Colatosti Jr 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
| Timothy Colatosti 188 East Emerson Road, Lexington, MA 02420 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 188 E EMERSON RD, LEXINGTON, MA 02420-2134
- Signed the 990-PF
- Thomas Colatosti, Trustee
- Phone
- (617) 633-8745
- Return prepared by
- Baker Newman & Noyes
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-3538584
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,407,332
- Income (IRS master file)
- $196,127
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $196,127 | $475,794 | $2,407,332 | XML |
| 990-PF | December 2024 | $633,247 | $436,114 | $2,631,061 | XML |
| 990-PF | December 2023 | $106,058 | $274,673 | $2,712,536 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-3538584).
Questions about COLATOSTI FAMILY FOUNDATION
- What is the EIN of COLATOSTI FAMILY FOUNDATION?
- The employer identification number (EIN) of COLATOSTI FAMILY FOUNDATION is 88-3538584.
- Is COLATOSTI FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to COLATOSTI FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COLATOSTI FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COLATOSTI FAMILY FOUNDATION 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 COLATOSTI FAMILY FOUNDATION 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 COLATOSTI FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does COLATOSTI FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $196,127, expenses of $475,794 and total assets of $2,407,332 at year end.
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All nonprofits in LEXINGTON · Massachusetts · Philanthropy, voluntarism and grantmaking foundations