Nonprofit · EIN 91-2092293
TWINS TREES FOUNDATION INC
Tax-exempt · HOBE SOUND, FL 33455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $37,417 | $49,473 | -$12,056 | $592,603 | $0 | $592,603 |
| December 31, 2023 | 990-PF | $14,358 | $27,798 | -$13,440 | $604,659 | $0 | $604,659 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $18,405
- Interest
- $1,462
- Net gain from sales of assets
- $17,550
Expenses
- Grants and similar amounts paid
- $41,000
- Disbursements for charitable purposes
- $46,883
- Excise tax on investment income
- $494
Balance sheet and other
- Total assets, start of year
- $604,659
- Total assets, end of year
- $592,603
- Total liabilities, end of year
- $0
- Net assets, end of year
- $592,603
- Fair market value of assets
- $689,886
- Qualifying distributions
- $46,883
- Net investment income
- $37,417
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANN F SCHWALM 5983 SE MOURNING DOVE WAY, HOBE SOUND, FL 33455 | PRESIDENT/DI | 0.5 | $0 |
| J BRADFORD SCHWALM 240 EAST GRANADA AVENUE, HERSHEY, PA 17033 | TREAS/DIRECT | 0 | $0 |
| MATSON F SCHWALM 2620 N WAYNE AVE, CHICAGO, IL 60614 | DIRECTOR | 0 | $0 |
| DUGAN H SCHWALM 225 N COLUMBUS DRIVE, APT 3809, CHICAGO, IL 60601 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANN F SCHWALM 5983 SE MOURNING DOVE WAY, HOBE SOUND, FL 33455 | PRESIDENT/DI | 1 | $0 |
| J BRADFORD SCHWALM 240 EAST GRANADA AVENUE, HERSHEY, PA 17033 | TREAS/DIRECT | 0.5 | $0 |
| MATSON F SCHWALM 2620 N WAYNE AVE, CHICAGO, IL 60614 | DIRECTOR | 1 | $0 |
| DUGAN H SCHWALM 225 N COLUMBUS DRIVE, APT 3809, CHICAGO, IL 60601 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 5983 SE MORNING DOVE WAY, HOBE SOUND, FL 33455-8021
- Signed the 990-PF
- J BRADFORD SCHWALM, TREAS/DIRECTOR
- Phone
- (772) 546-3548
- Return prepared by
- NANCY G TADLER CPA
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 | Not 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
- 91-2092293
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $592,603
- Income (IRS master file)
- $161,548
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $37,417 | $49,473 | $592,603 | IRS |
| 990-PF | December 2023 | $14,358 | $27,798 | $604,659 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 91-2092293).
Questions about TWINS TREES FOUNDATION INC
- What is the EIN of TWINS TREES FOUNDATION INC?
- The employer identification number (EIN) of TWINS TREES FOUNDATION INC is 91-2092293.
- Is TWINS TREES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to TWINS TREES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TWINS TREES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TWINS TREES FOUNDATION INC 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 TWINS TREES FOUNDATION INC 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 TWINS TREES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does TWINS TREES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $37,417, expenses of $49,473 and total assets of $592,603 at year end.
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