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Nonprofit · EIN 20-8989115

SUMMERSAULT FOUNDATION

Tax-exempt · NEPTUNE, NJ 07753

Financials

$15K$33K2023$58K$100K2024$156K$208K2025
Revenue Expenses · by fiscal year end
Financials of SUMMERSAULT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$156,053$207,653-$51,600$235,082$0$235,082
December 31, 2024990-PF$57,889$100,220-$42,331$269,132$0$269,132
December 31, 2023990-PF$15,069$32,842-$17,773$311,463$0$311,463
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$500
Dividends
$2,050
Interest
$6
Net gain from sales of assets
$153,497

Expenses

Grants and similar amounts paid
$201,695
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$207,346
Excise tax on investment income
$2,158

Balance sheet and other

Total assets, start of year
$269,132
Total assets, end of year
$235,082
Total liabilities, end of year
$0
Net assets, end of year
$235,082
Fair market value of assets
$257,825
Qualifying distributions
$207,346
Net investment income
$155,553

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.

NameTitleHours / weekCompensation
MICHEL MARKS
3600 ROUTE 66 SUITE 150, NEPTUNE, NJ 07753
PRESIDENT0$0
DEBORAH LODATO
592B BURTONS COURT, MANCHESTER, NJ 08759
TREASURER0$0
STEVEN TRESON
3822 EDGEWOOD TERRACE, GREENSBORO, NC 27406
SECRETARY0$0
KATHY COLLINS
400 DEAL LAKE DR UNIT 3H, ASBURY PARK, NJ 07712
DIRECTOR0$0
AMIE TAYLOR
20976 STRAWICK TERRACE, ASHBURN, VA 20147
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
MICHEL MARKS
3600 ROUTE 66 SUITE 150, NEPTUNE, NJ 07753
PRESIDENT0$0
DEBORAH LODATO
592B BURTONS COURT, MANCHESTER, NJ 08759
TREASURER0$0
STEVEN TRESON
3822 EDGEWOOD TERRACE, GREENSBORO, NC 27406
SECRETARY0$0
KATHY COLLINS
400 DEAL LAKE DR UNIT 3H, ASBURY PARK, NJ 07712
DIRECTOR0$0
AMIE TAYLOR
20976 STRAWICK TERRACE, ASHBURN, VA 20147
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHEL MARKS
3600 ROUTE 66 SUITE 150, NEPTUNE, NJ 07753
PRESIDENT0$0
DEBORAH LODATO
592B BURTONS COURT, MANCHESTER, NJ 08759
TREASURER0$0
STEVEN TRESON
3822 EDGEWOOD TERRACE, GREENSBORO, NC 27406
SECRETARY0$0

Address and contacts

Address (IRS master file)
3600 ROUTE 66 150, NEPTUNE, NJ 07753-2645
In care of
% MICHEL MARKS
Signed the 990-PF
MICHEL MARKS, PRESIDENT
Phone
(732) 508-5034
Return prepared by
RAINES & FISCHER 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-8989115
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$235,082
Income (IRS master file)
$251,637

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$156,053$207,653$235,082IRS
990-PFDecember 2024$57,889$100,220$269,132IRS
990-PFDecember 2023$15,069$32,842$311,463XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 20-8989115).

Questions about SUMMERSAULT FOUNDATION

What is the EIN of SUMMERSAULT FOUNDATION?
The employer identification number (EIN) of SUMMERSAULT FOUNDATION is 20-8989115.
Is SUMMERSAULT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to SUMMERSAULT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SUMMERSAULT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SUMMERSAULT 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 SUMMERSAULT 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 SUMMERSAULT FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SUMMERSAULT FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $156,053, expenses of $207,653 and total assets of $235,082 at year end.

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