Nonprofit · EIN 43-2070561
KENNETH A PICERNE FOUNDATION
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $0 | $1,550,663 | -$1,550,663 | $29,033,656 | $7,777,854 | $21,255,802 |
| November 30, 2023 | 990-PF | $0 | $1,534,053 | -$1,534,053 | $29,331,521 | $6,525,056 | $22,806,465 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $0
Expenses
- Grants and similar amounts paid
- $56,500
- Compensation of officers, directors and key employees
- $208,722
- Disbursements for charitable purposes
- $1,550,491
Balance sheet and other
- Total assets, start of year
- $29,331,521
- Total assets, end of year
- $29,033,656
- Total liabilities, end of year
- $7,777,854
- Net assets, end of year
- $21,255,802
- Fair market value of assets
- $31,447,939
- Qualifying distributions
- $1,550,491
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 November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VICTOR D NELSON 5000 BIRCH STREET SUITE 600, NEWPORT BEACH, CA 92660 | EXECUTIVE DIRECTOR | 40 | $207,264 | $883 |
| KENNETH A PICERNE 5000 BIRCH STREET SUITE 600, NEWPORT BEACH, CA 92660 | PRESIDENT & CHAIRMAN | 1 | $0 | $0 |
990-PF for the year ended November 30, 2023: 2 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VICTOR D NELSON 5000 BIRCH STREET SUITE 600, NEWPORT BEACH, CA 92660 | EXECUTIVE DIRECTOR | 40 | $225,671 | $2,716 |
| KENNETH A PICERNE 5000 BIRCH STREET SUITE 600, NEWPORT BEACH, CA 92660 | PRESIDENT & CHAIRMAN | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5000 BIRCH ST STE 600, NEWPORT BEACH, CA 92660-2183
- In care of
- % VICTOR NELSON
- Signed the 990-PF
- KENNETH A PICERNE, PRESIDENT & CHAIRMAN
- Phone
- (949) 487-6262
- Website
- WWW.PICERNEFOUNDATION.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 43-2070561 or by the name KENNETH A PICERNE 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)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 43-2070561
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2006
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $29,033,656
- Income (IRS master file)
- $1
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | $0 | $1,550,663 | $29,033,656 | XML |
| 990-PF | November 2023 | $0 | $1,534,053 | $29,331,521 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
| 990-PF | November 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 43-2070561).
Questions about KENNETH A PICERNE FOUNDATION
- What is the EIN of KENNETH A PICERNE FOUNDATION?
- The employer identification number (EIN) of KENNETH A PICERNE FOUNDATION is 43-2070561.
- Is KENNETH A PICERNE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to KENNETH A PICERNE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does KENNETH A PICERNE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KENNETH A PICERNE FOUNDATION due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENNETH A PICERNE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2024.
- Who are the officers and directors of KENNETH A PICERNE FOUNDATION?
- The 990-PF for the year ended November 30, 2024 lists 2 people; 1 received compensation from the organization, the highest $207,264 (VICTOR D NELSON, EXECUTIVE DIRECTOR).
- How much revenue does KENNETH A PICERNE FOUNDATION have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $0, expenses of $1,550,663 and total assets of $29,033,656 at year end.
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