Nonprofit · EIN 93-3328725
FACTOR PHILANTHROPY INC
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $31,052 | $850,262 | -$819,210 | $317,292 | $130,000 | $187,292 |
| December 31, 2023 | 990 | $4,447,712 | $3,441,210 | $1,006,502 | $1,007,712 | $1,210 | $1,006,502 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $31,052
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $672,190
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,534
- Accounting fees
- $33,689
- Program services (functional)
- $796,190
- Management and general (functional)
- $54,072
Balance sheet and other
- Total assets, start of year
- $1,007,712
- Total assets, end of year
- $317,292
- Total liabilities, end of year
- $130,000
- Net assets, end of year
- $187,292
- Gross receipts
- $31,052
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2023
- State of legal domicile
- DE
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 |
|---|---|---|---|
| CLAIRE ZABEL | PRESIDENT/CEO/SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 |
| BASTIAN STERN | TREASURER/CFO/DIRECTOR Trustee or director, Officer | 1 | $0 |
| WILLIAM ZITO | DIRECTOR (THRU 8/23/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAIRE ZABEL | PRESIDENT/CEO/SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 |
| BASTIAN STERN | TREASURER/CFO/DIRECTOR Trustee or director, Officer | 1 | $0 |
| WILLIAM ZITO | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 314 LYTTON AVE, PALO ALTO, CA 94301-1430
- Principal officer (990 for 2024)
- CLAIRE ZABEL, 314 LYTTON AVE, PALO ALTO, CA 94301
- Signed the 990
- CLAIRE ZABEL, CEO
- Phone
- (650) 804-7100
- Return prepared by
- APERCEN PARTNERS LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 93-3328725 or by the name FACTOR PHILANTHROPY INC.
- 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
POSITIVELY INFLUENCING THE LONG-TERM FUTURE AND PROMOTING THE LONG-TERM WELFARE OF HUMANS AND OTHER SENTIENT BEINGS.
Program accomplishments
- SEE SCHEDULE OExpenses $796,190 · grants $672,190
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 | 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
- 93-3328725
- 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)
- Community improvement and capacity building (S05)
- Assets (IRS master file)
- $317,292
- Income (IRS master file)
- $31,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $31,052 | $850,262 | $317,292 | IRS |
| 990 | December 2023 | $4,447,712 | $3,441,210 | $1,007,712 | 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 93-3328725).
Questions about FACTOR PHILANTHROPY INC
- What is the EIN of FACTOR PHILANTHROPY INC?
- The employer identification number (EIN) of FACTOR PHILANTHROPY INC is 93-3328725.
- Is FACTOR PHILANTHROPY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FACTOR PHILANTHROPY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FACTOR PHILANTHROPY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FACTOR PHILANTHROPY 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 FACTOR PHILANTHROPY 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 FACTOR PHILANTHROPY INC?
- The 990 for the year ended December 31, 2024 names CLAIRE ZABEL.
- Who are the officers and directors of FACTOR PHILANTHROPY INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FACTOR PHILANTHROPY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $31,052, expenses of $850,262 and total assets of $317,292 at year end.
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All nonprofits in PALO ALTO · California · Community improvement and capacity building