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Nonprofit · EIN 99-6096073

MIKE AND TERESA NACARATO FOUNDITON

Also known as MICHAEL J NACARATO JR TTEE

Tax-exempt · FRANKLIN, TN 37069

Financials

$48.3M$214K2024
Revenue Expenses · by fiscal year end
Financials of MIKE AND TERESA NACARATO FOUNDITON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$48,305,484$213,664$48,091,820$48,092,820$0$48,092,820
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$45,962,612
Dividends
$653,184
Interest
$821,667
Net gain from sales of assets
$866,873
Other income
$1,148

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Excise tax on investment income
$29,545

Balance sheet and other

Total assets, start of year
$1,000
Total assets, end of year
$48,092,820
Total liabilities, end of year
$0
Net assets, end of year
$48,092,820
Fair market value of assets
$51,369,432
Net investment income
$2,339,177

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL J NACARATO JR
2435 HIDDEN RIVER LANE, FRANKLIN, TN 37069
TRUSTEE1$0
TERESA A NACARATO
2435 HIDDEN RIVER LANE, FRANKLIN, TN 37069
TRUSTEE2$0

Address and contacts

Address (IRS master file)
2435 HIDDEN RIVER LN, FRANKLIN, TN 37069-6933
In care of
% MICHAEL J NACARATO JR
Signed the 990-PF
MICHAEL J NACARATO JR, PRESIDENT
Phone
(615) 347-6656
Return prepared by
LARRY WILLIAMS CPA

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-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-6096073
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2026
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$48,092,820
Income (IRS master file)
$56,465,858

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$48,305,484$213,664$48,092,820XML

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 99-6096073).

Questions about MIKE AND TERESA NACARATO FOUNDITON

What is the EIN of MIKE AND TERESA NACARATO FOUNDITON?
The employer identification number (EIN) of MIKE AND TERESA NACARATO FOUNDITON is 99-6096073.
Is MIKE AND TERESA NACARATO FOUNDITON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to MIKE AND TERESA NACARATO FOUNDITON tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does MIKE AND TERESA NACARATO FOUNDITON file?
Form 990-PF. Private foundations file every year.
When is the next return of MIKE AND TERESA NACARATO FOUNDITON 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 MIKE AND TERESA NACARATO FOUNDITON last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MIKE AND TERESA NACARATO FOUNDITON?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does MIKE AND TERESA NACARATO FOUNDITON have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $48,305,484, expenses of $213,664 and total assets of $48,092,820 at year end.

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