Nonprofit · EIN 95-3213404
BARAS FOUNDATION
Tax-exempt · SAN DIEGO, CA 92163
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $250,136 | $244,284 | $5,852 | $1,692,811 | $0 | $1,692,811 |
| December 31, 2023 | 990 | $290,392 | $247,011 | $43,381 | $1,674,186 | $0 | $1,674,186 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $56,655
- Net income from sales of inventory
- $193,481
- Other revenue
- $193,481
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $35,117
- Other salaries and wages
- $97,667
- Salaries, compensation and benefits (total)
- $181,302
- Professional fundraising fees
- $0
- Accounting fees
- $6,300
- Travel
- $747
- Depreciation
- $11,495
- Program services (functional)
- $219,854
- Management and general (functional)
- $24,430
Balance sheet and other
- Total assets, start of year
- $1,674,186
- Total assets, end of year
- $1,692,811
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,692,811
- Land, buildings and equipment
- $8,621
- Publicly traded securities
- $1,641,158
- Net assets without donor restrictions
- $1,692,811
- Gross receipts
- $250,136
- Employees
- 5
- Volunteers
- 2
- Year formed
- 1978
- 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 |
|---|---|---|---|
| CAROL BARAS | PRES. & TREAS. Trustee or director, Officer | 40 | $30,000 |
| GARY ROSE PHD | Secretary & CFO Trustee or director, Officer | 1 | $5,117 |
| MARCO LIMANDRI | MEMBER Trustee or director | 1 | $0 |
| DAVID BEAVENS ATTORNEY | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL BARAS | PRES. & TREAS. Trustee or director, Officer | 40 | $30,000 |
| GARY ROSE PHD | Secretary & CFO Trustee or director, Officer | 1 | $5,844 |
| MARCO LIMANDRI | MEMBER Trustee or director | 1 | $0 |
| DAVID BEAVENS ATTORNEY | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3189, SAN DIEGO, CA 92163-1189
- Principal officer (990 for 2024)
- CAROL BARAS, PO BOX 3189, SAN DIEGO, CA 92163
- Signed the 990
- CAROL BARAS, PRES. & TREAS.
- Phone
- (619) 291-5252
- Return prepared by
- West Rhode & Roberts
California records
California keeps its own records of charities and corporations. Search them by EIN 95-3213404 or by the name BARAS 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
THE BARAS FOUNDATION MISSION IS TO PROVIDE AND FOSTER CHARITABLE EDUCATION AND RESEARCH FOR THE BENEFIT OF PERSONS IN NEED. WE SUPPORT CHILDREN'S PROGRAMS, SCHOLARSHIPS FOR DISADVANTAGED YOUTHS, ABUSED WOMEN'S PROGRAMS, ALCOHOLICS AND DRUG ADDICTION PROGRAMS, THE VETERANS AND HOMELESS.
Program accomplishments
- THE BARAS FOUNDATION SUPPORTS 24 NONPROFIT ORGANIZATIONS AND 2 SCHOLARSHIPS (UCSD, CHANCELLORS ASSOCIATES SCHOLARSHIP).Expenses $219,854
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
- 95-3213404
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,692,811
- Income (IRS master file)
- $250,136
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $250,136 | $244,284 | $1,692,811 | IRS |
| 990 | December 2023 | $290,392 | $247,011 | $1,674,186 | XML |
| 990 | December 2022 | $345,390 | $205,773 | $1,578,076 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 95-3213404).
Questions about BARAS FOUNDATION
- What is the EIN of BARAS FOUNDATION?
- The employer identification number (EIN) of BARAS FOUNDATION is 95-3213404.
- Is BARAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to BARAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BARAS 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 BARAS 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 BARAS 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 BARAS FOUNDATION?
- The 990 for the year ended December 31, 2024 names CAROL BARAS.
- Who are the officers and directors of BARAS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $30,000 (CAROL BARAS, PRES. & TREAS.).
- How much revenue does BARAS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $250,136, expenses of $244,284 and total assets of $1,692,811 at year end.
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