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Nonprofit · EIN 23-3000762

MICHAEL PETRONE FOUNDATION

Tax-exempt · COLLEGEVILLE, PA 19426

Financials

$25K$24K2022$62K$59K2023$83K$80K2024$108K$88K2025
Revenue Expenses · by fiscal year end
Financials of MICHAEL PETRONE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$107,845$88,405$19,440$42,831–$42,831
December 31, 2024990-EZ$83,221$79,829$3,392$23,391–$23,391
December 31, 2023990-EZ$62,331$58,986$3,345$19,999–$19,999
December 31, 2022990-EZ$24,573$24,152$421$16,654–$16,654
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$107,932
Program service revenue
$0
Investment income
$153
Net income from fundraising events
-$240

Expenses

Grants and similar amounts paid
$87,082
Compensation of officers, directors and key employees
$0
Other expenses
$1,323
Program services (functional)
$87,082

Balance sheet and other

Total assets, start of year
$23,391
Total assets, end of year
$42,831
Total liabilities, end of year
–
Net assets, end of year
$42,831
Cash, savings and investments
$42,831
Gross receipts
$148,916

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Theodore BotzumPres./Treas.10$0
Augustus SortinoSec.5$0
Ken ButlerDirector5$0
Nikki SambrickDirector5$0
Donna MelleDirector5$0
Donna ShemarDirector5$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Theodore BotzumPres./Treas.10$0
Augustus SortinoSec.5$0
Ken ButlerDirector5$0
Nikki SambrickDirector5$0
Donna MelleDirector5$0
Donna ShemarDirector5$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Theodore BotzumPres./Treas.10$0
Augustus SortinoSec.5$0
Ken ButlerDirector5$0
Nikki SambrickDirector5$0
Donna MelleDirector5$0
Donna ShemarDirector5$0
990-EZ for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensation
Theodore BotzumPres./Treas.10$0
Augustus SortinoSec.5$0
Ken ButlerDirector5$0
Nikki SambrickDirector5$0
Donna MelleDirector5$0
Donna ShemarDirector5$0

Address and contacts

Address (IRS master file)
400 VAN GLEASON DR, COLLEGEVILLE, PA 19426-4108
In care of
% MICHAEL K WIEBER
Signed the 990-EZ
Augustus C Sortino, Secretary
Phone
(610) 409-9857
Return prepared by
MICHAEL WIEBER CPA

Mission

Support of benevolent, charitable and educational undertakings

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Provide funds to families of sick and disabled inaccordance with the organizations welfare cause.
    Expenses $80,000 · grants $80,000
  • Provide funds to charitable organizationin accordance with the organizations charitable cause.
    Expenses $7,082 · grants $7,082

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-3000762
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$42,831
Income (IRS master file)
$148,916

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$107,845$88,405$42,831XML
990-EZDecember 2024$83,221$79,829$23,391XML
990-EZDecember 2023$62,331$58,986$19,999XML
990-EZDecember 2022$24,573$24,152$16,654XML
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 23-3000762).

Questions about MICHAEL PETRONE FOUNDATION

What is the EIN of MICHAEL PETRONE FOUNDATION?
The employer identification number (EIN) of MICHAEL PETRONE FOUNDATION is 23-3000762.
Is MICHAEL PETRONE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to MICHAEL PETRONE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHAEL PETRONE FOUNDATION 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 MICHAEL PETRONE 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 MICHAEL PETRONE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of MICHAEL PETRONE FOUNDATION?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does MICHAEL PETRONE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $107,845, expenses of $88,405 and total assets of $42,831 at year end.

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