Nonprofit · EIN 34-1722402
LAVALLEY FOUNDATION
Tax-exempt · SYLVANIA, OH 43560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,022,413 | $3,259,757 | -$1,237,344 | $49,064,279 | $20,000 | $49,044,279 |
| December 31, 2023 | 990-PF | $14,252,641 | $2,660,721 | $11,591,920 | $50,615,658 | $462,500 | $50,153,158 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,155,596
- Interest
- $1,003,042
- Net gain from sales of assets
- -$154,858
- Other income
- $18,633
Expenses
- Grants and similar amounts paid
- $2,714,200
- Disbursements for charitable purposes
- $2,714,200
- Excise tax on investment income
- $26,295
Balance sheet and other
- Total assets, start of year
- $50,615,658
- Total assets, end of year
- $49,064,279
- Total liabilities, end of year
- $20,000
- Net assets, end of year
- $49,044,279
- Fair market value of assets
- $51,443,036
- Qualifying distributions
- $2,714,200
- Net investment income
- $2,177,270
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard G LaValley Jr 5800 Monroe St Bldg F, Sylvania, OH 43560 | Trustee | 3 | $0 |
| Daniel J LaValley 5800 Monroe St Bldg F, Sylvania, OH 43560 | Trustee | 3 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard G LaValley Jr 5800 Monroe St Bldg F, Sylvania, OH 43560 | Trustee | 3 | $0 |
| Daniel J LaValley 5800 Monroe St Bldg F, Sylvania, OH 43560 | Trustee | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 5800 MONROE STREET, SYLVANIA, OH 43560-2263
- In care of
- % RICHARD G LAVALLEY
- Signed the 990-PF
- Richard G LaValley Jr, Trustee
- Phone
- (419) 882-0081
- Return prepared by
- LaValley LaValley Todak & Schaefer Co LPA
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 34-1722402
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $49,064,279
- Income (IRS master file)
- $9,715,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,022,413 | $3,259,757 | $49,064,279 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $14,252,641 | $2,660,721 | $50,615,658 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 34-1722402).
Questions about LAVALLEY FOUNDATION
- What is the EIN of LAVALLEY FOUNDATION?
- The employer identification number (EIN) of LAVALLEY FOUNDATION is 34-1722402.
- Is LAVALLEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to LAVALLEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LAVALLEY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LAVALLEY FOUNDATION 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 LAVALLEY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LAVALLEY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does LAVALLEY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,022,413, expenses of $3,259,757 and total assets of $49,064,279 at year end.
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