Nonprofit · EIN 92-0416263
MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION
Tax-exempt · COSTA MESA, CA 92627
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,223,189 | $632,869 | $3,590,320 | $7,778,354 | $0 | $7,778,354 |
| December 31, 2023 | 990 | $1,854,138 | $231,730 | $1,622,408 | $4,048,380 | $0 | $4,048,380 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,141,477
- Program service revenue
- $0
- Investment income
- $81,712
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $463,376
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $37,392
- Travel
- $64,963
- Program services (functional)
- $596,372
- Management and general (functional)
- $36,497
Balance sheet and other
- Total assets, start of year
- $4,048,380
- Total assets, end of year
- $7,778,354
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,778,354
- Land, buildings and equipment
- $405,000
- Publicly traded securities
- $3,040,491
- Net assets without donor restrictions
- $7,778,354
- Gross receipts
- $4,223,189
- Employees
- 0
- Year formed
- 2022
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FARAH | President & CEO Trustee or director, Officer | 5 | $0 |
| CHRISTINE FARAH | Secretary Trustee or director, Officer | 0.25 | $0 |
| WILLIAM FARAH | CFO Trustee or director, Officer | 0.25 | $0 |
| MARIE TOVAR | ASST SECRETARY Officer | 1.5 | $0 |
| KENNETH BRIGHT | ASST CFO Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FARAH | CEO Trustee or director, Officer | 4 | $0 |
| CHRISTINE FARAH | BOARD CHAIRPERS Trustee or director, Officer | 0.5 | $0 |
| WILLIAM FARAH | CFO Trustee or director, Officer | 0.5 | $0 |
| MONIQUE FARAH | Secretary Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1901 NEWPORT BLVD STE 149, COSTA MESA, CA 92627-2282
- Principal officer (990 for 2024)
- MICHAEL FARAH, 1901 NEWPORT BLVD STE 149, COSTA MESA, CA 92627
- Signed the 990
- MICHAEL FARAH, President & CEO
- Phone
- (949) 719-2625
- Return prepared by
- E V JUAN CPA INC
California records
California keeps its own records of charities and corporations. Search them by EIN 92-0416263 or by the name MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
CONTRIBUTE ONLY TO OTHER 501(C)(3) ORGANIZATIONS.
Program accomplishments
- SEE ATTACHED.Expenses $596,372 · grants $463,376 · revenue $4,223,189
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0416263
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $7,778,354
- Income (IRS master file)
- $4,223,189
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,223,189 | $632,869 | $7,778,354 | XML |
| 990 | December 2023 | $1,854,138 | $231,730 | $4,048,380 | XML |
| 990 | December 2022 | $1,676,668 | $903 | $1,675,766 | 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 92-0416263).
Questions about MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION
- What is the EIN of MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION?
- The employer identification number (EIN) of MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION is 92-0416263.
- Is MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHAEL AND CHRISTINE FARAH FAMILY 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 MICHAEL AND CHRISTINE FARAH FAMILY 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 MICHAEL AND CHRISTINE FARAH FAMILY 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 MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 names MICHAEL FARAH.
- Who are the officers and directors of MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,223,189, expenses of $632,869 and total assets of $7,778,354 at year end.
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