Nonprofit · EIN 58-2110528
LOFTIS FOUNDATION INC
Tax-exempt · VERO BEACH, FL 32964
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $113,051 | $561,728 | -$448,677 | $7,495,321 | $0 | $7,495,321 |
| December 31, 2024 | 990-PF | $143,141 | $493,943 | -$350,802 | $7,960,291 | $0 | $7,960,291 |
| December 31, 2023 | 990-PF | $146,956 | $490,821 | -$343,865 | $8,315,399 | $0 | $8,315,399 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $215,294
- Interest
- $827
- Net gain from sales of assets
- -$103,070
Expenses
- Grants and similar amounts paid
- $508,597
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $521,584
- Excise tax on investment income
- $2,488
Balance sheet and other
- Total assets, start of year
- $7,960,291
- Total assets, end of year
- $7,495,321
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,495,321
- Fair market value of assets
- $12,047,313
- Qualifying distributions
- $521,584
- Net investment income
- $216,121
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | PRESIDENT | 0 | $0 |
| SHARON L LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | PRESIDENT | 0 | $0 |
| SHARON L LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | PRESIDENT | 0 | $0 |
| SHARON L LOFTIS 212 COCONUT CREEK COURT, VERO BEACH, FL 32963 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 644438, VERO BEACH, FL 32964-4438
- In care of
- % ROBERT WAYNE LOFTIS
- Signed the 990-PF
- ROBERT LOFTIS, PRESIDENT
- Phone
- (772) 213-8847
- Return prepared by
- OFFUTT BARTON SCHLITT LLC
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 | 990-PF 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
- 58-2110528
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $7,495,321
- Income (IRS master file)
- $1,749,899
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $113,051 | $561,728 | $7,495,321 | IRS |
| 990-PF | December 2024 | $143,141 | $493,943 | $7,960,291 | IRS |
| 990-PF | December 2023 | $146,956 | $490,821 | $8,315,399 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 58-2110528).
Questions about LOFTIS FOUNDATION INC
- What is the EIN of LOFTIS FOUNDATION INC?
- The employer identification number (EIN) of LOFTIS FOUNDATION INC is 58-2110528.
- Is LOFTIS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to LOFTIS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOFTIS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOFTIS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOFTIS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LOFTIS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LOFTIS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $113,051, expenses of $561,728 and total assets of $7,495,321 at year end.
Other nonprofits in VERO BEACH
- VERO BEACH MUSEUM OF ART INC EIN 59-1867408 · last filed 990 for 2025
- WHOLE FAMILY HEALTH CENTER INC EIN 65-0715258 · last filed 990 for 2025
- INDIAN RIVER COMMUNITY FOUNDATION EIN 20-1729243 · last filed 990 for 2025
- TREASURE COAST COMMUNITY HEALTH INC EIN 59-3219191 · last filed 990 for 2024
- SAINT EDWARDS SCHOOL EIN 59-1059214 · last filed 990 for 2025
- BERGES FAMILY FOUNDATION EIN 47-1426743 · last filed 990-PF for 2024
- VNA HOSPICE OF INDIAN RIVER COUNTY INC EIN 59-2402136 · last filed 990 for 2025
- SENIOR RESOURCE ASSOCIATION INC EIN 59-1539957 · last filed 990 for 2025