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Nonprofit · EIN 88-3978909

POLARIS FOUNDATION

Tax-exempt · RAMONA, CA 92065

Financials

$2M$02023$500K$2K2024
Revenue Expenses · by fiscal year end
Financials of POLARIS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$500,006$1,519$498,487$2,529,487$0$2,529,487
December 31, 2023990$2,031,000$0$2,031,000$2,031,000$0$2,031,000
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$500,000
Program service revenue
$0
Investment income
$6
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$336
Management and general (functional)
$1,183

Balance sheet and other

Total assets, start of year
$2,031,000
Total assets, end of year
$2,529,487
Total liabilities, end of year
$0
Net assets, end of year
$2,529,487
Net assets without donor restrictions
$2,529,487
Gross receipts
$500,006
Employees
0
Year formed
2022
State of legal domicile
NV

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YOUSRA ELHACHIMITREASURER
Trustee or director
–$0
CAMILLE WANGSECRETARY
Trustee or director
–$0
SOPHIA WANGPRESIDENT
Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CAMILLE WANGSECRETARY
Trustee or director
0$0
YOUSRA ELHACHIMITREASURER
Trustee or director
0$0
SOPHIA T WANGPRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
14352 MUSSEY GRADE RD, RAMONA, CA 92065-7738
In care of
% VAR LORDAHL
Mailing address (990-N for 2022)
16956 VIA DE SANTA FE UNIT 2166, RANCHO SANTA FE CA 92067
Principal officer (990 for 2024)
SOPHIA WANG, 16956 VIA DE SANTA FE, RANCHO SANTA FE, CA 92067
Principal officer (990-N for 2022)
SOPHIA T WANG, 16956 VIA DE SANTA FE UNIT 2166, RANCHO SANTA FE CA 92067
Signed the 990
SOPHIA WANG, PRESIDENT
Phone
(415) 956-1500
Return prepared by
BHARMAL & ASSOCIATES INC

California records

California keeps its own records of charities and corporations. Search them by EIN 88-3978909 or by the name POLARIS FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

AT POLARIS WE ARE DEDICATED TO CULTIVATING A WORLD THAT IS LESS WASTEFUL AND MORE COMPASSIONATE. THROUGH THE UNIQUE EXPERIENCES WE CREATE, WE STRIVE TO INSPIRE COMPASSION AND SUSTAINABILITY IN EVERY INTERACTION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION IS DEDICATED TO CULTIVATING A WORLD THAT IS LESS WASTEFUL AND MORE COMPASSIONATE. THROUGH THE UNIQUE EXPERIENCES WE CREATE, WE STRIVE TO INSPIRE COMPASSION AND SUSTAINABILITY IN EVERY INTERACTION.
    Expenses $336 · revenue $500,000
  • THE ORGANIZATION IS DEDICATED TO CULTIVATING A WORLD THAT IS LESS WASTEFUL AND MORE COMPASSIONATE. THROUGH THE UNIQUE EXPERIENCES WE CREATE, WE STRIVE TO INSPIRE COMPASSION AND SUSTAINABILITY IN EVERY INTERACTION.

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

IRS record

EIN
88-3978909
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$2,529,487
Income (IRS master file)
$500,006

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$500,006$1,519$2,529,487XML
990December 2023$2,031,000$0$2,031,000XML
990-N for 2022
Officer: SOPHIA T WANG
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 88-3978909).

Questions about POLARIS FOUNDATION

What is the EIN of POLARIS FOUNDATION?
The employer identification number (EIN) of POLARIS FOUNDATION is 88-3978909.
Is POLARIS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to POLARIS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POLARIS FOUNDATION 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 POLARIS FOUNDATION 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 POLARIS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POLARIS FOUNDATION?
The 990 for the year ended December 31, 2024 names SOPHIA WANG.
Who are the officers and directors of POLARIS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does POLARIS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $500,006, expenses of $1,519 and total assets of $2,529,487 at year end.

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