Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 92-0233563

LOTUS ENDOWMENT FUND INC

Tax-exempt · MIAMI, FL 33136

Financials

$13.2M$2.1M2023$4.2M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of LOTUS ENDOWMENT FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,216,570$1,919,903$2,296,667$107,409,587$68,945,667$38,463,920
December 31, 2023990$13,194,133$2,145,053$11,049,080$101,694,053$66,542,545$35,151,508
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,034,636
Program service revenue
$0
Investment income
$1,985,934
Net rental income
$196,000
Other revenue
$196,000

Expenses

Grants and similar amounts paid
$368,310
Other salaries and wages
$134,615
Salaries, compensation and benefits (total)
$144,920
Professional fundraising fees
$0
Accounting fees
$67,345
Travel
$4,396
Depreciation
$889,867
Program services (functional)
$1,620,505
Management and general (functional)
$299,398

Balance sheet and other

Total assets, start of year
$101,694,053
Total assets, end of year
$107,409,587
Total liabilities, end of year
$68,945,667
Net assets, end of year
$38,463,920
Land, buildings and equipment
$45,771,907
Publicly traded securities
$7,703,928
Net assets without donor restrictions
$35,994,685
Net assets with donor restrictions
$2,469,235
Gross receipts
$4,216,570
Employees
1
Volunteers
1
Year formed
2007
State of legal domicile
FL

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
JULIE LOTSPEICHSECTY, TREAS
Trustee or director, Officer
–$0
CONSTANCE COLLINSPRESIDENT &
Trustee or director, Officer
–$0
KATHRYN VILLANODIRECTOR
Trustee or director
–$0
MARTIN MARGULIESDIRECTOR
Trustee or director
–$0
DEBRA WECHSLERDIRECTOR
Trustee or director
–$0
ANGELA WHITMANDIRECTOR
Trustee or director
–$0
JOHN SUMBERGVP & DIRECTO
Trustee or director, Officer
–$0
ANITA BROADDIRECTOR
Trustee or director
–$0
LEILA CENTNERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JULIE LOTSPEICHSECTY, TREAS
Trustee or director, Officer
1$0
CONSTANCE COLLINSPRESIDENT &
Trustee or director, Officer
20$0
KATHRYN VILLANODIRECTOR
Trustee or director
1$0
MARTIN MARGULIESDIRECTOR
Trustee or director
1$0
DEBRA WECHSLERDIRECTOR
Trustee or director
1$0
ANGELA WHITMANDIRECTOR
Trustee or director
1$0
JOHN SUMBERGVP & DIRECTO
Trustee or director, Officer
1$0
ANITA BROADDIRECTOR
Trustee or director
1$0
LEILA CENTNERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
219 NW 14TH TER STE 501, MIAMI, FL 33136-1817
In care of
% SYRIL SALZMAN
Principal officer (990 for 2024)
CONSTANCE COLLINS, 3921 ALTON ROAD 470, MIAMI BEACH, FL 33140
Signed the 990
CONSTANCE COLLINS, PRESIDENT & DIRECTOR
Phone
(305) 613-1573
Return prepared by
CABALLERO FIERMAN LLERENA & GARCIA LLP

Mission

THE LOTUS ENDOWMENT FUND, INC. IS A 501(C)(3) SUPPORTING FOUNDATION FOR THE SUNDARI FOUNDATION, INC. AND ITS INITIATIVES, INCLUDING THE LOTUS HOUSE WOMEN'S SHELTER. THE ENDOWMENT FUND WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION, SO THE LOTUS HOUSE WILL SERVE AS A RESOURCE FOR WOMEN, CHILDREN AND YOUTH IN NEED FOR GENERATIONS TO COME. PART III, LINE 1 LOTUS ENDOWMENT FUND, INC. OWNS THE FACILITIES LOCATED AT 2040 NW 7TH AVE, MIAMI, FL 33127 AND 420 NW 35TH STREET, MIAMI, FL 33127 AND LEASES SUCH FACILITIES TO THE SUNDARI FOUNDATION, INC. PURSUANT TO A 50 YEAR LEASE AT AN ANNUAL RENT OF 1 PER YEAR. FOR 2024, THE ANNUAL RENTAL VALUE OF SUCH FACILITIES WAS APPROXIMATELY 219,000. LOTUS VILLAGE II, LLC, A WHOLLY OWNED SUBSIDIARY OF LOTUS ENDOWMENT FUND, INC., OWNS THE VACANT LAND LOCATED AT 219 NW 14TH TERRACE, MIAMI FLORIDA AND LEASES SUCH LAND TO THE SUNDARI FOUNDATION, INC. THERE IS NO RENT OR VALUE ATTRIBUTED TO SUCH LEASED LAND. IT IS P

990 for the year ended December 31, 2024

Program accomplishments

  • REFER TO SCHEDULE O
    Expenses $1,620,505 · grants $368,310

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
92-0233563
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$107,409,587
Income (IRS master file)
$4,216,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,216,570$1,919,903$107,409,587XML
990December 2023$13,194,133$2,145,053$101,694,053XML
990December 2022$9,179,759$1,840,722$68,843,457IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 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 92-0233563).

Questions about LOTUS ENDOWMENT FUND INC

What is the EIN of LOTUS ENDOWMENT FUND INC?
The employer identification number (EIN) of LOTUS ENDOWMENT FUND INC is 92-0233563.
Is LOTUS ENDOWMENT FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to LOTUS ENDOWMENT FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LOTUS ENDOWMENT FUND 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 LOTUS ENDOWMENT FUND 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 LOTUS ENDOWMENT FUND INC 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 LOTUS ENDOWMENT FUND INC?
The 990 for the year ended December 31, 2024 names CONSTANCE COLLINS.
Who are the officers and directors of LOTUS ENDOWMENT FUND INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does LOTUS ENDOWMENT FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,216,570, expenses of $1,919,903 and total assets of $107,409,587 at year end.

Other nonprofits in MIAMI

All nonprofits in MIAMI · Florida · Housing and shelter