Nonprofit · EIN 06-1807657
THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND
Tax-exempt · LEXINGTON, MA 02420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $65,371 | $39,095 | $26,276 | $510,722 | $0 | $510,722 |
| December 31, 2023 | 990-EZ | $64,943 | $32,690 | $32,253 | $484,448 | $0 | $484,448 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $5,263
- Net income from fundraising events
- $60,108
- Other revenue
- $60,108
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $200
- Program services (functional)
- $38,860
- Management and general (functional)
- $235
Balance sheet and other
- Total assets, start of year
- $484,446
- Total assets, end of year
- $510,722
- Total liabilities, end of year
- $0
- Net assets, end of year
- $510,722
- Net assets without donor restrictions
- $510,722
- Gross receipts
- $78,123
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- MA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Taranto Jr | Presodent Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Taranto Jr | President | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 36 TYLER RD, LEXINGTON, MA 02420-2426
- In care of
- % DOROTHY TARANTO
- Principal officer (990 for 2024)
- Thomas Taranto Jr, 21 Cutler Farm Road, Lexington, MA 02421
- Signed the 990
- Thomas Taranto Jr, President
- Phone
- (617) 875-2165
- Return prepared by
- Paul T O'Reilly and Company
Mission
Scholarships to honor the legacy of Thomas Tucker Taranto
Program accomplishments
- ScholarshipsExpenses $35,000 · revenue $5,263
- Donations to Local OrganizationsExpenses $3,860
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-1807657
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $510,722
- Income (IRS master file)
- $78,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $65,371 | $39,095 | $510,722 | XML |
| 990-EZ | December 2023 | $64,943 | $32,690 | $484,448 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 06-1807657).
Questions about THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND
- What is the EIN of THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND?
- The employer identification number (EIN) of THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND is 06-1807657.
- Is THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND 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 THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND 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 THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND 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 THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2024 names Thomas Taranto Jr.
- Who are the officers and directors of THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does THOMAS TUCKER TARANTO MEMORIAL SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $65,371, expenses of $39,095 and total assets of $510,722 at year end.
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