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Nonprofit · EIN 99-3352770

ROMANO FOUNDATION INC

Tax-exempt · DENVER, CO 80205

Financials

$2.5M$15K2024
Revenue Expenses · by fiscal year end
Financials of ROMANO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,510,815$15,000$2,495,815$2,489,598$0$2,489,598
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,502,025
Program service revenue
$0
Investment income
$8,790
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$2,489,598
Total liabilities, end of year
$0
Net assets, end of year
$2,489,598
Publicly traded securities
$2,477,564
Net assets without donor restrictions
$2,489,598
Gross receipts
$2,510,815
Employees
0
Volunteers
0
Year formed
2024
State of legal domicile
CO

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 / weekCompensation
Joseph RomanoDirector
Trustee or director
10$0
Gina RomanoDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2245 BLAKE ST APT L, DENVER, CO 80205-2053
In care of
% JOSEPH ROMANO
Principal officer (990 for 2024)
Joseph Romano, 2245 Blake St, Apt L, Denver, CO 80205
Signed the 990
Joseph Romano, Director
Phone
(720) 936-3480

Mission

The Romano Foundation Inc. is organized and operated exclusively for charitable educational and scientific purposes within the meaning of Section 501c3 of the Internal Revenue Code. The Foundations mission is to support research education and initiatives in neuroscience mental health consciousness studies and related scientific and technological fields.

990 for the year ended December 31, 2024

Program accomplishments

  • During 2024 the Foundation completed its initial organizational year receiving capital contributions to support its charitable mission in neuroscience mental health and consciousness research. The Foundation initiated charitable activities through a grant to Colorado Ballet and began strategic development of future educational and scientific programming.0

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 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
99-3352770
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 or 990-EZ
Assets (IRS master file)
$2,489,598
Income (IRS master file)
$2,510,815

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,510,815$15,000$2,489,598XML

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 99-3352770).

Questions about ROMANO FOUNDATION INC

What is the EIN of ROMANO FOUNDATION INC?
The employer identification number (EIN) of ROMANO FOUNDATION INC is 99-3352770.
Is ROMANO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to ROMANO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROMANO FOUNDATION INC 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 ROMANO FOUNDATION 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 ROMANO FOUNDATION 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 ROMANO FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Joseph Romano.
Who are the officers and directors of ROMANO FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ROMANO FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,510,815, expenses of $15,000 and total assets of $2,489,598 at year end.

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