Nonprofit · EIN 93-4982371
CHALOFSKY FAMILY FOUNDATION
Tax-exempt · NEW HOPE, PA 18938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,120 | $4,500 | -$2,380 | $47,620 | $0 | $47,620 |
| December 31, 2023 | 990-PF | $50,000 | $0 | $50,000 | $50,000 | $0 | $50,000 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,805
- Interest
- $315
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,250
Balance sheet and other
- Total assets, start of year
- $50,000
- Total assets, end of year
- $47,620
- Total liabilities, end of year
- $0
- Net assets, end of year
- $47,620
- Fair market value of assets
- $47,620
- Qualifying distributions
- $2,250
- Net investment income
- $2,120
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 |
|---|---|---|---|
| ANDREW CHALOFSKY 66 WOODSIDE LANE UNIT A, WOODSIDE, PA 18938 | CO-TRUSTEE | 2 | $0 |
| JOSHUA CHALOFSKY 66 WOODSIDE LANE UNIT A, WOODSIDE, PA 18938 | CO-TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW CHALOFSKY 66 WOODSIDE LANE UNIT A, WOODSIDE, PA 18938 | CO-TRUSTEE | 2 | $0 |
| JOSHUA CHALOFSKY 66 WOODSIDE LANE UNIT A, WOODSIDE, PA 18938 | CO-TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 66 WOODSIDE LANE UNIT A, NEW HOPE, PA 18938-9281
- Signed the 990-PF
- ANDREW CHALOFSKY, CO-TRUSTEE
- Phone
- (609) 902-6895
- Return prepared by
- SAVRAN BENSON LLP
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
- 93-4982371
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $47,620
- Income (IRS master file)
- $2,120
Filing history
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CHALOFSKY FAMILY FOUNDATION
- What is the EIN of CHALOFSKY FAMILY FOUNDATION?
- The employer identification number (EIN) of CHALOFSKY FAMILY FOUNDATION is 93-4982371.
- Is CHALOFSKY FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to CHALOFSKY FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHALOFSKY FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHALOFSKY 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 CHALOFSKY FAMILY FOUNDATION 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 CHALOFSKY FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does CHALOFSKY FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,120, expenses of $4,500 and total assets of $47,620 at year end.
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All nonprofits in NEW HOPE · Pennsylvania · Philanthropy, voluntarism and grantmaking foundations