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Nonprofit · EIN 26-1260775

PAA FOUNDATION INC

Tax-exempt · CLEARWATER, FL 33765

Financials

$346K$358K2022$125K$125K2023$88K$89K2024
Revenue Expenses · by fiscal year end
Financials of PAA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$88,279$89,491-$1,212$1,088$0$1,088
May 31, 2024990$124,601$125,196-$595$2,396$0$2,396
May 31, 2023990$345,999$358,263-$12,264$2,991$0$2,991
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$88,279
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$88,279
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$1,197
Program services (functional)
$88,279
Management and general (functional)
$1,212

Balance sheet and other

Total assets, start of year
$2,396
Total assets, end of year
$1,088
Total liabilities, end of year
$0
Net assets, end of year
$1,088
Net assets without donor restrictions
$1,088
Gross receipts
$88,279
Employees
0
Year formed
2006
State of legal domicile
NY

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Kostas KatsohirakisChairman
Officer
5$0
990 for the year ended May 31, 2024: 1 people
NameTitleHours / weekCompensation
Kostas KatsohirakisChairman
Officer
5$0
990 for the year ended May 31, 2023: 1 people
NameTitleHours / weekCompensation
Kostas KatsohirakisChairman
Officer
5$0

Address and contacts

Address (IRS master file)
2110 DREW STREET, CLEARWATER, FL 33765-3231
In care of
% JOHN MARAKIS
Mailing address (990-N for 2010)
242 BUNTING LN, BLOOMINGDALE IL 601081420
Principal officer (990 for 2024)
Kostas Katsohirakis, 2110 Drew Street, Clearwater, FL 33765
Principal officer (990-N for 2010)
JOHN G MANOS, 242 BUNTING LN, BLOOMINGDALE IL 601081420
Signed the 990
Kostas Katsohirakis, Chairman
Phone
(727) 386-4386
Return prepared by
JERRY MAKRIS CPA PA

Mission

To raise funds and support educational, cultural and philanthropic activities which encompass the Pancretan culture.

990 for the year ended May 31, 2025

Program accomplishments

  • SCHOLARSHIP Fund of the Pancretan Association of America
    Expenses $9,667 · revenue $9,667
  • CULTURAL and EDUCATION Fund of the Pancretan Association of America
    Expenses $9,666 · revenue $9,666
  • PHILANTHROPIC ENDOWMENT Fund of the Pancretan Association of America
    Expenses $13,946 · revenue $13,946

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
26-1260775
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
2008
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,088
Income (IRS master file)
$88,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$88,279$89,491$1,088XML
990May 2024$124,601$125,196$2,396XML
990May 2023$345,999$358,263$2,991XML
990May 2022$69,137$153,100$15,255IRS
990May 2021–––IRS
990-N for 2010
Officer: JOHN G MANOS
May 31, 2011≤ $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 26-1260775).

Questions about PAA FOUNDATION INC

What is the EIN of PAA FOUNDATION INC?
The employer identification number (EIN) of PAA FOUNDATION INC is 26-1260775.
Is PAA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to PAA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PAA 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 PAA FOUNDATION INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PAA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of PAA FOUNDATION INC?
The 990 for the year ended May 31, 2025 names Kostas Katsohirakis.
Who are the officers and directors of PAA FOUNDATION INC?
The 990 for the year ended May 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does PAA FOUNDATION INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $88,279, expenses of $89,491 and total assets of $1,088 at year end.

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