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Nonprofit · EIN 99-2091921

EFF COMMUNITY VENTURES INC

Tax-exempt · NEW YORK, NY 10003

Financials

$1.2M$267K2024
Revenue Expenses · by fiscal year end
Financials of EFF COMMUNITY VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,248,442$266,702$981,740$13,245,201$12,263,461$981,740
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,000,000
Program service revenue
$248,442
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
$13,374
Accounting fees
$6,000
Program services (functional)
$247,328
Management and general (functional)
$19,374

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$13,245,201
Total liabilities, end of year
$12,263,461
Net assets, end of year
$981,740
Gross receipts
$1,248,442
Employees
0
Volunteers
5
Year formed
2025
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANAND KESAVANSECRETARY
Trustee or director, Officer
1$0$596,680$16,797
MICHELLE GETZOVASSISTANT SECRETARY
Officer
1$0$275,875$22,729
JON MCINTOSHCHIEF OF STAFF
Officer
1$0$225,723$17,729
BUDDY PHILPOTPRESIDENT
Trustee or director, Officer
1$0$0$0
AARTHI SOWRIRAJANTREASURER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
228 PARK AVENUE SOUTH SUITE 61633, NEW YORK, NY 10003-1502
In care of
% ANAND KESAVAN
Principal officer (990 for 2024)
ANAND KESAVAN, 228 PARK AVENUE SOUTH SUITE 61633, NEW YORK, NY 10003
Signed the 990
ANAND KESAVAN, CEO
Phone
(562) 533-3043
Return prepared by
MITCHELL & TITUS LLP

Mission

EFF COMMUNITY VENTURES, INC SUPPORTS PUBLIC CHARTER SCHOOLS AND THE COMMUNITIES THEY SERVE, ESPECIALLY SCHOOLS IN ECONOMICALLY DISTRESSED AREAS SERVING LOW- AND MIDDLE-INCOME FAMILIES AND PEOPLE OF COLOR, AND LESSENING THE BURDENS OF GOVERNMENT THROUGH LOANS AND GRANTS, ESPECIALLY IN ECONOMICALLY DISTRESSED AREAS.

990 for the year ended December 31, 2024

Program accomplishments

  • EFF COMMUNITY VENTURES, INC. LEVERAGES DONATIONS AND OTHER PHILANTHROPIC FUNDING RECEIVED WITH LOW-COST DEBT IT OBTAINS TO PROVIDE FUNDING TO CHARTER SCHOOLS FOR PURCHASES OR UPGRADES TO FACILITIES AT RATES AND TERMS MORE FAVORABLE THAN AVAILABLE IN THE CORPORATE LENDING AND BANKING MARKETS. THE DESIGN, IMPLEMENTATION, STRUCTURING, AND MAINTENANCE OF THIS NEW SOURCE OF CAPITAL FOR CHARTER SCHOOL FACILITIES LEADS TO IMPROVED PUBLIC EDUCATION FOR CHILDREN.
    Expenses $247,328 · revenue $248,442

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-2091921
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
2026
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B12)
Assets (IRS master file)
$13,245,201
Income (IRS master file)
$1,248,442

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,248,442$266,702$13,245,201XML

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 99-2091921).

Questions about EFF COMMUNITY VENTURES INC

What is the EIN of EFF COMMUNITY VENTURES INC?
The employer identification number (EIN) of EFF COMMUNITY VENTURES INC is 99-2091921.
Is EFF COMMUNITY VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to EFF COMMUNITY VENTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EFF COMMUNITY VENTURES INC file?
Form 990-PF. Private foundations file every year.
When is the next return of EFF COMMUNITY VENTURES 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 EFF COMMUNITY VENTURES 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 EFF COMMUNITY VENTURES INC?
The 990 for the year ended December 31, 2024 names ANAND KESAVAN.
Who are the officers and directors of EFF COMMUNITY VENTURES INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does EFF COMMUNITY VENTURES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,248,442, expenses of $266,702 and total assets of $13,245,201 at year end.

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