Nonprofit · EIN 20-5549550
CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC
Tax-exempt · NAPLES, FL 34103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $83,571 | $24,309 | $59,262 | $414,949 | $0 | $414,949 |
| December 31, 2024 | 990-PF | $17,087 | $20,350 | -$3,263 | $355,687 | $0 | $355,687 |
| December 31, 2023 | 990-PF | -$264 | $21,462 | -$21,726 | $358,950 | $0 | $358,950 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $49,971
- Dividends
- $12,334
- Net gain from sales of assets
- $21,005
- Other income
- $261
Expenses
- Grants and similar amounts paid
- $17,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $17,000
- Excise tax on investment income
- $350
Balance sheet and other
- Total assets, start of year
- $355,687
- Total assets, end of year
- $414,949
- Total liabilities, end of year
- $0
- Net assets, end of year
- $414,949
- Fair market value of assets
- $430,644
- Qualifying distributions
- $17,000
- Net investment income
- $30,920
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 |
|---|---|---|---|
| ALBERT J RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, PRESIDENT | 0 | $0 |
| ANN RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, V.P., SECRETARY | 0 | $0 |
| BRIAN RITZ 3966 CASPARIS ROAD, FRANKLIN, TN 37064 | DIRECTOR, V.P., TREASURER | 0 | $0 |
| CORRIE RITZ 3966 CASPARIS ROAD, FRANKLIN, TN 37064 | DIRECTOR | 0 | $0 |
| BETSY HENDRICKS 9762 CAMPBELL CIRCLE, NAPLES, FL 34109 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT J RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, PRESIDENT | 0 | $0 |
| ANN RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, V.P., SECRETARY | 0 | $0 |
| BRIAN RITZ 3966 CASPARIS ROAD, FRANKLIN, TN 37064 | DIRECTOR, V.P., TREASURER | 0 | $0 |
| CORRIE RITZ 3966 CASPARIS ROAD, FRANKLIN, TN 37064 | DIRECTOR | 0 | $0 |
| BETSY HENDRICKS 9762 CAMPBELL CIRCLE, NAPLES, FL 34109 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT J RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, PRESIDENT | 0 | $0 |
| ANN RITZ 2925 REGATTA ROAD, NAPLES, FL 34103 | DIRECTOR, V.P., SECRATARY | 0 | $0 |
| BRIAN RITZ 519 PINE GROVE LANE, NAPLES, FL 34103 | DIRECTOR, V.P., TREASURER | 0 | $0 |
| CORRIE RITZ 519 PINE GROVE LANE, NAPLES, FL 34103 | DIRECTOR | 0 | $0 |
| BETSY HENDRICKS 9762 CAMPBELL CIRCLE, NAPLES, FL 34109 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2925 REGATTA RD, NAPLES, FL 34103-4120
- Signed the 990-PF
- ALBERT J RITZ, PRESIDENT
- Phone
- (239) 206-2927
- Return prepared by
- KEMPER CPA GROUP LLP
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
- 20-5549550
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $414,949
- Income (IRS master file)
- $702,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $83,571 | $24,309 | $414,949 | IRS |
| 990-PF | December 2024 | $17,087 | $20,350 | $355,687 | IRS |
| 990-PF | December 2023 | -$264 | $21,462 | $358,950 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 20-5549550).
Questions about CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC
- What is the EIN of CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC?
- The employer identification number (EIN) of CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC is 20-5549550.
- Is CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC 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 CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC 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 CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CULTIVATE OPTIMUM OPPORTUNITIES FOR LEARNING FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $83,571, expenses of $24,309 and total assets of $414,949 at year end.
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