Nonprofit · EIN 92-2451235
SCITON MEDICAL FOUNDATION
Tax-exempt · PALO ALTO, CA 94303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $0 | $25,671 | -$25,671 | $196,387 | $276,223 | -$79,836 |
| December 31, 2024 | 990 | $0 | $22,256 | -$22,256 | $209,982 | $264,147 | -$54,165 |
| December 31, 2023 | 990 | $0 | $31,909 | -$31,909 | $220,717 | $252,626 | -$31,909 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,708
- Accounting fees
- $4,150
- Management and general (functional)
- $25,671
Balance sheet and other
- Total assets, start of year
- $209,982
- Total assets, end of year
- $196,387
- Total liabilities, end of year
- $276,223
- Net assets, end of year
- -$79,836
- Net assets without donor restrictions
- -$79,836
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2023
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L HOBART | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AARON C BURTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| DANIEL K NEGUS | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT T BRINDLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRYANT L WONG | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON N POSNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L HOBART | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AARON C BURTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| DANIEL K NEGUS | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT T BRINDLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRYANT L WONG | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON N POSNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L HOBART | PRESIDENT AND CHAIR Trustee or director, Officer | 1 | $0 |
| AARON C BURTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| DANIEL K NEGUS | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT T BRINDLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRYANT L WONG | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON N POSNER | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 925 COMMERCIAL ST, PALO ALTO, CA 94303-4908
- Principal officer (990 for 2025)
- JAMES L HOBART, 925 COMMERCIAL STREET, PALO ALTO, CA 94303
- Signed the 990
- JAMES L HOBART, PRESIDENT
- Phone
- (410) 937-0367
- Return prepared by
- LANE & COMPANY CPAS
California records
California keeps its own records of charities and corporations. Search them by EIN 92-2451235 or by the name SCITON MEDICAL 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
SCITON MEDICAL FOUNDATION WORKS IN ALIGNMENT WITH THE MEDICAL COMMUNITY. OUR MISSION IS TO IMPROVE PEOPLE'S LIVES BY INCREASING THE QUALITY AND ACCESSIBILITY OF LASER AND LIGHT BASED MEDICAL CARE THROUGH LEADERSHIP IN SCIENTIFIC INVESTIGATION.
Program accomplishments
- DURING 2025, THE FOUNDATION DID NOT ACCOMPLISH ANY PROGRAMMATIC ACTIVITIES.0
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 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
- 92-2451235
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Medical research (H99)
- Assets (IRS master file)
- $196,387
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $0 | $25,671 | $196,387 | XML |
| 990 | December 2024 | $0 | $22,256 | $209,982 | XML |
| 990 | December 2023 | $0 | $31,909 | $220,717 | XML |
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 92-2451235).
Questions about SCITON MEDICAL FOUNDATION
- What is the EIN of SCITON MEDICAL FOUNDATION?
- The employer identification number (EIN) of SCITON MEDICAL FOUNDATION is 92-2451235.
- Is SCITON MEDICAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to SCITON MEDICAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCITON MEDICAL FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SCITON MEDICAL FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCITON MEDICAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SCITON MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2025 names JAMES L HOBART.
- Who are the officers and directors of SCITON MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SCITON MEDICAL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $0, expenses of $25,671 and total assets of $196,387 at year end.
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