Nonprofit · EIN 22-2543558
COMMONWEALTH FOUNDATION INC
Tax-exempt · BERKELEY, CA 94709
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $965,733 | $923,431 | $42,302 | $396,088 | $43,806 | $352,282 |
| December 31, 2023 | 990 | $753,540 | $914,045 | -$160,505 | $343,555 | $33,575 | $309,980 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $888,283
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $77,450
Expenses
- Grants and similar amounts paid
- $449,054
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $17,152
- Accounting fees
- $18,065
- Occupancy
- $10,710
- Travel
- $5,518
- Program services (functional)
- $853,005
- Management and general (functional)
- $70,426
Balance sheet and other
- Total assets, start of year
- $343,555
- Total assets, end of year
- $396,088
- Total liabilities, end of year
- $43,806
- Net assets, end of year
- $352,282
- Net assets without donor restrictions
- -$18,717
- Net assets with donor restrictions
- $370,999
- Gross unrelated business income
- $77,450
- Gross receipts
- $965,733
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1987
- 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 |
|---|---|---|---|
| RICHARD HEALEY | CHAIR Trustee or director, Officer | 1 | $0 |
| CHARLENE SINCLAIR | DIRECTOR Trustee or director | 0.5 | $0 |
| AARON TANAKA | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JONATHAN SMUCKER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD HEALEY | CHAIR Trustee or director, Officer | 1 | $0 |
| CHARLENE SINCLAIR | DIRECTOR Trustee or director | 0.5 | $0 |
| AARON TANAKA | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JONATHAN SMUCKER | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1442 A WALNUT STREET 42, BERKELEY, CA 94709-1405
- Principal officer (990 for 2024)
- RICHARD HEALEY, 1442 A WALNUT STEET SUITE 42, BERKLEY, CA 94709
- Signed the 990
- RICHARD HEALEY, CHAIR
- Phone
- (617) 803-6041
- Website
- WWW.COMMW.ORG
- Return prepared by
- RAPHAEL AND RAPHAEL LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 22-2543558 or by the name COMMONWEALTH FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
RESEARCH AND EDUCATION ABOUT PUBLIC POLICY ISSUES.
Program accomplishments
- RESEARCH AND EDUCATION ABOUT PUBLIC POLICY ISSUES.Expenses $853,005 · grants $449,054
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 on file |
IRS record
- EIN
- 22-2543558
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $396,088
- Income (IRS master file)
- $965,733
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $965,733 | $923,431 | $396,088 | XML |
| 990 | December 2023 | $753,540 | $914,045 | $343,555 | XML |
| 990 | December 2022 | $858,134 | $925,887 | $471,285 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | 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 22-2543558).
Questions about COMMONWEALTH FOUNDATION INC
- What is the EIN of COMMONWEALTH FOUNDATION INC?
- The employer identification number (EIN) of COMMONWEALTH FOUNDATION INC is 22-2543558.
- Is COMMONWEALTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to COMMONWEALTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMONWEALTH FOUNDATION INC 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 COMMONWEALTH FOUNDATION INC 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 COMMONWEALTH FOUNDATION INC 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 COMMONWEALTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names RICHARD HEALEY.
- Who are the officers and directors of COMMONWEALTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does COMMONWEALTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $965,733, expenses of $923,431 and total assets of $396,088 at year end.
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