Nonprofit · EIN 59-2474711
COLEN FOUNDATION INC
Tax-exempt · OCALA, FL 34481
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $939,465 | $622,306 | $317,159 | $15,036,738 | $6,717 | $15,030,021 |
| November 30, 2023 | 990-PF | $608,440 | $569,405 | $39,035 | $14,779,415 | $30,804 | $14,748,611 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $1,227
- Dividends
- $249,240
- Interest
- $168,453
- Net gain from sales of assets
- $520,545
Expenses
- Grants and similar amounts paid
- $546,616
- Disbursements for charitable purposes
- $561,281
- Excise tax on investment income
- $12,322
Balance sheet and other
- Total assets, start of year
- $14,779,415
- Total assets, end of year
- $15,036,738
- Total liabilities, end of year
- $6,717
- Net assets, end of year
- $15,030,021
- Fair market value of assets
- $21,426,413
- Qualifying distributions
- $585,368
- Net investment income
- $938,238
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 |
|---|---|---|---|
| STEPHANIE BERGEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | ASST SEC | 1 | $0 |
| KENNETH D COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | President | 4 | $0 |
| ROBERT COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | ASST SEC/DIR | 2 | $0 |
| GERALD R COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | TREAS/SEC/DIR | 1 | $0 |
| LESLEE R COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | Vice President | 1 | $0 |
990-PF for the year ended November 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE BERGEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | ASST SEC | 1 | $0 |
| KENNETH D COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | President | 4 | $0 |
| ROBERT COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | ASST SEC/DIR | 2 | $0 |
| GERALD R COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | TREAS/SEC/DIR | 1 | $0 |
| LESLEE R COLEN 8435 SW 80TH STREET STE 2, OCALA, FL 34481 | Vice President | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8435 SW 80TH ST UNIT 2, OCALA, FL 34481-9127
- Signed the 990-PF
- KENNETH D COLEN, President
- Phone
- (352) 873-0848
- Return prepared by
- CS&L CPAS
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
- 59-2474711
- 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
- 1988
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $15,036,738
- Income (IRS master file)
- $4,525,021
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | $939,465 | $622,306 | $15,036,738 | XML |
| 990-PF | November 2023 | $608,440 | $569,405 | $14,779,415 | 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 59-2474711).
Questions about COLEN FOUNDATION INC
- What is the EIN of COLEN FOUNDATION INC?
- The employer identification number (EIN) of COLEN FOUNDATION INC is 59-2474711.
- Is COLEN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to COLEN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COLEN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COLEN FOUNDATION INC 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 COLEN FOUNDATION INC 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 COLEN FOUNDATION INC?
- The 990-PF for the year ended November 30, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does COLEN FOUNDATION INC have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $939,465, expenses of $622,306 and total assets of $15,036,738 at year end.
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