Nonprofit · EIN 13-3639449
DEBS FOUNDATION
Tax-exempt · FORT LEE, NJ 07024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,116,196 | $766,348 | $349,848 | $795,467 | $0 | $795,467 |
| December 31, 2024 | 990-PF | $154,238 | $628,033 | -$473,795 | $445,619 | $0 | $445,619 |
| December 31, 2023 | 990-PF | -$62,530 | $397,659 | -$460,189 | $754,793 | $0 | $754,793 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,000,164
- Dividends
- $18,932
- Interest
- $6
- Net gain from sales of assets
- $87,191
- Other income
- $9,903
Expenses
- Grants and similar amounts paid
- $724,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $738,045
- Excise tax on investment income
- $9,297
Balance sheet and other
- Total assets, start of year
- $445,619
- Total assets, end of year
- $795,467
- Total liabilities, end of year
- $0
- Net assets, end of year
- $795,467
- Fair market value of assets
- $1,167,502
- Qualifying distributions
- $738,045
- Net investment income
- $672,705
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MRS BARBARA K DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | CHAIRMAN | 1 | $0 |
| MSELIZABETH A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | PRESIDENT, VICE CHAIRMAN | 1 | $0 |
| MR NICHOLAS A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | VICE PRESIDENT | 1 | $0 |
| MS ISABEL TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | TREASURER | 1 | $0 |
| MS ZOE TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MRS BARBARA K DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | CHAIRMAN | 1 | $0 |
| MSELIZABETH A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | PRESIDENT, VICE CHAIRMAN | 1 | $0 |
| MR NICHOLAS A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | VICE PRESIDENT | 1 | $0 |
| MS ISABEL TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | TREASURER | 1 | $0 |
| MS ZOE TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR RICHARD A DEBS DECEASED 12824 C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | CHAIRMAN | 1 | $0 |
| MRS BARBARA K DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | VICE CHAIRMAN | 1 | $0 |
| MSELIZABETH A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | PRESIDENT | 1 | $0 |
| MR NICHOLAS A DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | DIRECTOR | 1 | $0 |
| MS ISABEL TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | TREASURER | 1 | $0 |
| MS ZOE TURNER DEBS C/O C TOMEO 522 NORTH AVENUE, FORT LEE, NJ 07024 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO C TOMEO 522 NORTH AVE, FORT LEE, NJ 07024-0000
- In care of
- % RICHARD A DEBS
- Signed the 990-PF
- ELIZABETH A DEBS, PRESIDENT
- Return prepared by
- CHRISTINA TOMEO & ASSOCIATES LLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-3639449
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $795,467
- Income (IRS master file)
- $1,786,620
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,116,196 | $766,348 | $795,467 | IRS |
| 990-PF | December 2024 | $154,238 | $628,033 | $445,619 | IRS |
| 990-PF | December 2023 | -$62,530 | $397,659 | $754,793 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 13-3639449).
Questions about DEBS FOUNDATION
- What is the EIN of DEBS FOUNDATION?
- The employer identification number (EIN) of DEBS FOUNDATION is 13-3639449.
- Is DEBS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to DEBS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DEBS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DEBS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DEBS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of DEBS FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does DEBS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,116,196, expenses of $766,348 and total assets of $795,467 at year end.
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