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Nonprofit · EIN 46-0954848

KITES NEST INC

Tax-exempt · HUDSON, NY 12534

Financials

$1.8M$1.1M2023$1.4M$1M2024
Revenue Expenses · by fiscal year end
Financials of KITES NEST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,378,210$1,014,633$363,577$3,767,433$436,507$3,330,926
December 31, 2023990$1,770,111$1,113,542$656,569$2,719,262$15,762$2,703,500
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,253,924
of which government grants
$69,999
Program service revenue
$20,945
Investment income
$105,303
Net gain from sales of assets
$29,931
Net income from sales of inventory
-$1,962
Other revenue
-$1,962

Expenses

Grants and similar amounts paid
$12,381
Compensation of officers, directors and key employees
$78,906
Other salaries and wages
$466,475
Salaries, compensation and benefits (total)
$652,250
Professional fundraising fees
$0
Accounting fees
$40,768
Occupancy
$8,676
Travel
$7,449
Depreciation
$18,000
Program services (functional)
$696,031
Management and general (functional)
$179,113
Fundraising (functional)
$139,489

Balance sheet and other

Total assets, start of year
$2,719,262
Total assets, end of year
$3,767,433
Total liabilities, end of year
$436,507
Net assets, end of year
$3,330,926
Land, buildings and equipment
$1,350,259
Publicly traded securities
$618,656
Net assets without donor restrictions
$1,782,248
Net assets with donor restrictions
$1,548,678
Gross receipts
$1,515,144
Employees
44
Volunteers
50
Year formed
2012
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KAYA WEIDMANEXECUTIVE DIRECTOR
Officer
40$65,852$13,055
LISA ARRASTIABOARD PRESIDENT
Trustee or director, Officer
4$0$0
GREGG OSOFSKYTREASURER AND VP
Trustee or director, Officer
2$0$0
SONJA OKUNSECRETARY
Trustee or director, Officer
2$0$0
TANUSHRI KUMARBOARD MEMBER
Trustee or director
2$0$0
KAMAURU JOHNSONBOARD MEMBER
Trustee or director
2$0$0
KRISTINA WERTZBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KAYA WEIDMANEXECUTIVE DIRECTOR
Officer
40$73,021
LISA ARRASTIAPRESIDENT
Trustee or director, Officer
4$0
GREGG OSOFSKYVICE PRESIDENT
Trustee or director, Officer
1$0
KRISTINA WERTZMEMBER
Trustee or director
1$0
KAMAURU JOHNSONMEMBER
Trustee or director
1$0
TANU KUMARMEMBER
Trustee or director
1$0
SONJA OKUNSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
58 N FRONT ST, HUDSON, NY 12534-2033
In care of
% KAYA WEIDMAN
Principal officer (990 for 2024)
LISA ARRASTIA, 58 N FRONT STREET, HUDSON, NY 12534
Signed the 990
KAYA WEIDMAN, EXECUTIVE DIRECTOR
Phone
(518) 620-6378
Return prepared by
PURYEAR & NOONAN CPAS

Mission

EDUCATIONAL PROGRAMS FOR YOUTH IN THE ARTS, SOCIAL JUSTICE, ENVIRONMENTAL JUSTICE, YOUTH EMPLOYMENT PROGRAMS, AND COMMUNITY DEVELOPMENT ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • CHILDREN'S LEARNING WORKSHOPS
    Expenses $696,031 · revenue $18,983

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0954848
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,767,433
Income (IRS master file)
$1,515,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,378,210$1,014,633$3,767,433XML
990December 2023$1,770,111$1,113,542$2,719,262XML
990December 2022$1,454,276$951,397$2,108,999IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-0954848).

Questions about KITES NEST INC

What is the EIN of KITES NEST INC?
The employer identification number (EIN) of KITES NEST INC is 46-0954848.
Is KITES NEST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to KITES NEST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KITES NEST 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 KITES NEST INC 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 KITES NEST INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KITES NEST INC?
The 990 for the year ended December 31, 2024 names LISA ARRASTIA.
Who are the officers and directors of KITES NEST INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $65,852 (KAYA WEIDMAN, EXECUTIVE DIRECTOR).
How much revenue does KITES NEST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,378,210, expenses of $1,014,633 and total assets of $3,767,433 at year end.

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