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Nonprofit · EIN 47-1332828

FRED SOMMER ACES TENNIS SCHOLARSHIP INC

Tax-exempt · PORT ST LUCIE, FL 34987

Financials

$3K$4K2023$8K$9K2024
Revenue Expenses · by fiscal year end
Financials of FRED SOMMER ACES TENNIS SCHOLARSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$7,500$9,376-$1,876$5,158$0$5,158
December 31, 2023990-PF$3,452$3,884-$432$7,034$0$7,034
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,500

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$8,626

Balance sheet and other

Total assets, start of year
$7,034
Total assets, end of year
$5,158
Total liabilities, end of year
$0
Net assets, end of year
$5,158
Fair market value of assets
$5,158
Qualifying distributions
$8,626

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.

NameTitleHours / weekCompensation
NANCY SOMMER
10954 SW MEANDERING MILE DRIVE, PORT ST LUCIE, FL 34987
PRESIDENT1$0
JOY PAUL
11412 TWINING LANE, POTOMAC, MD 20854
SECRETARY/TREASURER1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
NANCY SOMMER
250 DECOVERLY DRIVE APT 428, GAITHERSBURG, MD 20878
PRESIDENT1$0
JOY PAUL
11412 TWINING LANE, POTOMAC, MD 20854
SECRETARY/TREASURER1$0

Address and contacts

Address (IRS master file)
10954 SW MEANDERING MILE RD, PORT ST LUCIE, FL 34987-6938
In care of
% NANCY SOMMER
Signed the 990-PF
NANCY SOMMER, PRESIDENT
Phone
(301) 774-0866
Return prepared by
EAGLESTONE TAX & ACCOUNTING SERVICESLLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-1332828
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
2014
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$5,158
Income (IRS master file)
$7,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$7,500$9,376$5,158IRS
990-PFDecember 2023$3,452$3,884$7,034XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 47-1332828).

Questions about FRED SOMMER ACES TENNIS SCHOLARSHIP INC

What is the EIN of FRED SOMMER ACES TENNIS SCHOLARSHIP INC?
The employer identification number (EIN) of FRED SOMMER ACES TENNIS SCHOLARSHIP INC is 47-1332828.
Is FRED SOMMER ACES TENNIS SCHOLARSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FRED SOMMER ACES TENNIS SCHOLARSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does FRED SOMMER ACES TENNIS SCHOLARSHIP INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FRED SOMMER ACES TENNIS SCHOLARSHIP 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 FRED SOMMER ACES TENNIS SCHOLARSHIP INC 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 FRED SOMMER ACES TENNIS SCHOLARSHIP INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does FRED SOMMER ACES TENNIS SCHOLARSHIP INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,500, expenses of $9,376 and total assets of $5,158 at year end.

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