Nonprofit · EIN 95-4436139
ORNEST FAMILY FOUNDATION
Tax-exempt · SANTA MONICA, CA 90402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990-PF | $3,142,508 | $528,081 | $2,614,427 | $4,039,776 | $0 | $4,039,776 |
| February 29, 2024 | 990-PF | $160,329 | $653,509 | -$493,180 | $5,054,521 | $0 | $5,054,521 |
| February 28, 2023 | 990-PF | $403,660 | $524,550 | -$120,890 | $5,547,701 | $0 | $5,547,701 |
Financial details: 990-PF for the year ended February 28, 2025
Revenue
- Dividends
- $136,246
- Net gain from sales of assets
- $2,974,590
- Other income
- $31,672
Expenses
- Grants and similar amounts paid
- $393,850
- Compensation of officers, directors and key employees
- $33,000
- Disbursements for charitable purposes
- $421,736
- Excise tax on investment income
- $41,846
Balance sheet and other
- Total assets, start of year
- $5,054,521
- Total assets, end of year
- $4,039,776
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,039,776
- Fair market value of assets
- $7,724,128
- Qualifying distributions
- $421,736
- Net investment income
- $3,110,836
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ORNEST 15 LATIMER RD, SANTA MONICA, CA 90402 | PRESIDENT, CFO, DIRECTOR | 8 | $18,000 |
| CINDY ORNEST 2222 AVE OF THE STARS 2804, LOS ANGELES, CA 90067 | DIRECTOR | 2 | $12,000 |
| MICHAEL ORNEST RESIGNED 53124 3172 ABINGTON DR, BEVERLY HILLS, CA 90210 | DIRECTOR | 2 | $3,000 |
990-PF for the year ended February 29, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ORNEST 15 LATIMER RD, SANTA MONICA, CA 90402 | PRESIDENT, CFO, DIRECTOR | 8 | $18,000 |
| CINDY ORNEST 2222 AVE OF THE STARS 2804, LOS ANGELES, CA 90067 | DIRECTOR | 2 | $11,000 |
| MICHAEL ORNEST 3172 ABINGTON DR, BEVERLY HILLS, CA 90210 | DIRECTOR | 2 | $11,000 |
990-PF for the year ended February 28, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ORNEST 15 LATIMER RD, SANTA MONICA, CA 90402 | PRESIDENT, CFO, DIRECTOR | 8 | $18,000 |
| CINDY ORNEST 2222 AVE OF THE STARS 2804, LOS ANGELES, CA 90067 | DIRECTOR | 2 | $12,000 |
| MICHAEL ORNEST 3172 ABINGTON DR, BEVERLY HILLS, CA 90210 | DIRECTOR | 2 | $12,000 |
Address and contacts
- Address (IRS master file)
- 15 LATIMER RD, SANTA MONICA, CA 90402-1011
- In care of
- % HOCHMAN SALKIN & DEROY
- Signed the 990-PF
- LAURA ORNEST, PRES, CFO, DIRECTOR
- Phone
- (310) 459-4254
- Return prepared by
- CASKEY MANDELL KARP & BLOCK LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4436139 or by the name ORNEST 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)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-PF on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-4436139
- 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
- 1994
- Accounting year ends
- February
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,039,776
- Income (IRS master file)
- $6,458,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | February 2025 | $3,142,508 | $528,081 | $4,039,776 | XML |
| 990-PF | February 2024 | $160,329 | $653,509 | $5,054,521 | XML |
| 990-PF | February 2023 | $403,660 | $524,550 | $5,547,701 | XML |
| 990-PF | February 2022 | – | – | – | IRS |
| 990-PF | February 2021 | – | – | – | IRS |
| 990-T | February 2021 | – | – | – | IRS |
| 990-PF | February 2020 | – | – | – | 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 95-4436139).
Questions about ORNEST FAMILY FOUNDATION
- What is the EIN of ORNEST FAMILY FOUNDATION?
- The employer identification number (EIN) of ORNEST FAMILY FOUNDATION is 95-4436139.
- Is ORNEST FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ORNEST FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ORNEST FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ORNEST FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ORNEST FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended February 2025.
- Who are the officers and directors of ORNEST FAMILY FOUNDATION?
- The 990-PF for the year ended February 28, 2025 lists 3 people; 3 received compensation from the organization, the highest $18,000 (LAURA ORNEST, PRESIDENT, CFO, DIRECTOR).
- How much revenue does ORNEST FAMILY FOUNDATION have?
- On its 990-PF for the year ended February 28, 2025 it reported revenue of $3,142,508, expenses of $528,081 and total assets of $4,039,776 at year end.
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