Nonprofit · EIN 26-0870221
ACCELERATED SCHOOL FOUNDATION
Tax-exempt (reinstated) · LOS ANGELES, CA 90037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $51,320 | $54,142 | -$2,822 | $676,269 | $0 | $676,269 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $51,320
- Net gain from sales of assets
- $34,832
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,031
- Program services (functional)
- $54,142
Balance sheet and other
- Total assets, start of year
- $679,092
- Total assets, end of year
- $676,269
- Total liabilities, end of year
- $0
- Net assets, end of year
- $676,269
- Net assets without donor restrictions
- $676,269
- Gross receipts
- $57,126
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONARD RABINOWITZ | CHIEF EXECUTIVE OFFICER Trustee or director | 15 | $0 |
| JESSE MELGARES | SECRETARY Trustee or director | 15 | $0 |
| DEBBIE KUKTA | CHIEF FINANCIAL OFFICER Trustee or director | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 4000 S MAIN ST, LOS ANGELES, CA 90037-1022
- In care of
- % JOHNATHAN WILLIAMS
- Mailing address (990-N for 2015)
- 116 EAST MARTIN LUTHER KING BLVD, LOS ANGELES CA 90011
- Principal officer (990 for 2025)
- DEBBIE KUKTA, 116 E MARTIN LUTHER KING BLVD, LOS ANGELES, CA 90011
- Signed the 990
- DEBBIE KUKTA, CHIEF FINANCIAL OFFICER
- Phone
- (323) 235-6343
- Return prepared by
- SMITH MANDEL & ASSOCIATES LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 26-0870221 or by the name ACCELERATED SCHOOL FOUNDATION.
- 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
TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED YOUTH IN LOS ANGELES
Program accomplishments
- IN ORDER FOR STUDENTS TO PERFORM BETTER, THERE IS A NEED FOR WELL-ROUNDED TEACHERS. IN THAT REGARD, TEACHER DEVELOPMENT WAS INITIATED TO DEVELOP STUDENTS IN THE CHARTER SCHOOL ENVIRONMENT. $5,949 WAS SPENT TO DEVELOP AND APPRECIATE STAFF IN THE CHARTER SCHOOL ENVIRONMENT, ANOTHER $27,562.21 FOR LEADERSHIP RETREAT, $2,100 WAS SPENT AS AWARDS FOR ANNENBERG TEACHERS AND $12,500 WAS MADE AVAILABLE TO DESERVING STUDENTS, AND $6,031 WAS SPENT ON LEGAL/ACCOUNTING SERVICES.Expenses $54,142
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 26-0870221
- 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
- 2026
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $676,269
- Income (IRS master file)
- $57,126
Revocation and reinstatement
- Exemption revoked
- May 15, 2021
- Posted by the IRS
- August 9, 2021
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $51,320 | $54,142 | $676,269 | IRS |
| 990-N for 2015 | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-0870221).
Questions about ACCELERATED SCHOOL FOUNDATION
- What is the EIN of ACCELERATED SCHOOL FOUNDATION?
- The employer identification number (EIN) of ACCELERATED SCHOOL FOUNDATION is 26-0870221.
- Is ACCELERATED SCHOOL FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
- Are donations to ACCELERATED SCHOOL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACCELERATED SCHOOL FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ACCELERATED SCHOOL 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 ACCELERATED SCHOOL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACCELERATED SCHOOL FOUNDATION?
- The 990 for the year ended December 31, 2025 names DEBBIE KUKTA.
- Who are the officers and directors of ACCELERATED SCHOOL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ACCELERATED SCHOOL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $51,320, expenses of $54,142 and total assets of $676,269 at year end.
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