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Nonprofit · EIN 88-3894153

SARASOTA CITY FOUNDATION INCORPORATED

Tax-exempt · SARASOTA, FL 34236

Financials

$38K$56K2023$5K$13K2024
Revenue Expenses · by fiscal year end
Financials of SARASOTA CITY FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,138$12,925-$7,787$5,404$0$5,404
December 31, 2023990-PF$37,821$56,311-$18,490$13,191$0$13,191
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,000
Interest
$138

Expenses

Grants and similar amounts paid
$12,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$12,462

Balance sheet and other

Total assets, start of year
$13,191
Total assets, end of year
$5,404
Total liabilities, end of year
$0
Net assets, end of year
$5,404
Fair market value of assets
$5,404
Qualifying distributions
$12,462
Net investment income
$138

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
SAILESH ATLURU
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0
PATRICK MCARDLE
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0
ERIK ARROYO
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SAILESH ATLURU
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0
PATRICK MCARDLE
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0
ERIK ARROYO
505 SOUTH ORANGE AVE, SARASOTA, FL 34236
DIRECTOR1$0

Address and contacts

Address (IRS master file)
505 SOUTH ORANGE AVENUE, SARASOTA, FL 34236-7575
In care of
% ERIK ARROYO
Signed the 990-PF
ERIK ARROYO, DIRECTOR
Phone
(941) 266-6774
Return prepared by
HILL BARTH & KING LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
88-3894153
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
Assets (IRS master file)
$5,404
Income (IRS master file)
$5,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,138$12,925$5,404XML
990-PFDecember 2023$37,821$56,311$13,191XML
990-PFDecember 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 88-3894153).

Questions about SARASOTA CITY FOUNDATION INCORPORATED

What is the EIN of SARASOTA CITY FOUNDATION INCORPORATED?
The employer identification number (EIN) of SARASOTA CITY FOUNDATION INCORPORATED is 88-3894153.
Is SARASOTA CITY FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SARASOTA CITY FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SARASOTA CITY FOUNDATION INCORPORATED file?
Form 990-PF. Private foundations file every year.
When is the next return of SARASOTA CITY FOUNDATION INCORPORATED 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 SARASOTA CITY FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SARASOTA CITY FOUNDATION INCORPORATED?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does SARASOTA CITY FOUNDATION INCORPORATED have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,138, expenses of $12,925 and total assets of $5,404 at year end.

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