Nonprofit · EIN 99-3490152
FOSTERING AMBITION TOWARDS EXCELLENCE INC
Tax-exempt · S PASADENA, CA 91030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $23,421 | $20,170 | $3,251 | $14,416 | $11,165 | $3,251 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $23,421
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $96
- Other expenses
- $10,074
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $14,416
- Total liabilities, end of year
- $11,165
- Net assets, end of year
- $3,251
- Cash, savings and investments
- $14,416
- Gross receipts
- $23,421
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kris Maines | President | 3 | $0 |
| John Adamson | Vice President | 3 | $0 |
| Dylan Burke | Vice President | 3 | $0 |
| Carlo Thorbourne | Vice President | 3 | $0 |
| Brooks Burns | Treasurer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1324 ELM PARK ST, S PASADENA, CA 91030-4504
- Signed the 990-EZ
- Brooks Burns, Treasurer
- Phone
- (626) 644-6429
- Website
- fate.foundation
- Return prepared by
- Henson and Company CPAs Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 99-3490152 or by the name FOSTERING AMBITION TOWARDS EXCELLENCE INC.
- 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 FATE Foundation's mission is to provide foster youth with opportunities leading to meaningful vocational based careers and long term stability. To establish strong long lasting relationships that give our Journeymen people to lean on while they navigate a vocational career.
Program accomplishments
- In FATE's first year in operation, the organization raised $23,421 through fundraising events. $10,000 was donated to PCDA, which is going to underpriveledged youth in the area.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3490152
- 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
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $14,416
- Income (IRS master file)
- $23,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $23,421 | $20,170 | $14,416 | 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 99-3490152).
Questions about FOSTERING AMBITION TOWARDS EXCELLENCE INC
- What is the EIN of FOSTERING AMBITION TOWARDS EXCELLENCE INC?
- The employer identification number (EIN) of FOSTERING AMBITION TOWARDS EXCELLENCE INC is 99-3490152.
- Is FOSTERING AMBITION TOWARDS EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FOSTERING AMBITION TOWARDS EXCELLENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOSTERING AMBITION TOWARDS EXCELLENCE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FOSTERING AMBITION TOWARDS EXCELLENCE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOSTERING AMBITION TOWARDS EXCELLENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of FOSTERING AMBITION TOWARDS EXCELLENCE INC?
- The 990-EZ for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FOSTERING AMBITION TOWARDS EXCELLENCE INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $23,421, expenses of $20,170 and total assets of $14,416 at year end.
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All nonprofits in S PASADENA · California · Philanthropy, voluntarism and grantmaking foundations