Nonprofit · EIN 68-0529693
THE MERAGE INSTITUTE FOR THE AMERICAN DREAM
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,424,619 | $2,461,092 | -$36,473 | $7,550,971 | $2,491,776 | $5,059,195 |
| December 31, 2023 | 990-PF | $2,752,297 | $2,419,836 | $332,461 | $10,276,243 | $4,972,838 | $5,303,405 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,210,000
- Dividends
- $3,480
- Interest
- $4,691
- Net gain from sales of assets
- $206,222
- Other income
- $226
Expenses
- Grants and similar amounts paid
- $1,180,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $543,662
- Disbursements for charitable purposes
- $2,431,615
- Excise tax on investment income
- $2,971
Balance sheet and other
- Total assets, start of year
- $10,276,243
- Total assets, end of year
- $7,550,971
- Total liabilities, end of year
- $2,491,776
- Net assets, end of year
- $5,059,195
- Fair market value of assets
- $7,550,971
- Qualifying distributions
- $2,431,615
- Net investment income
- $214,747
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YISHAY AISIK 19241 SERRA GERONA, IRVINE, CA 92603 | EXEC. DIRECTOR Highest-paid employee | 40 | $285,000 |
| AMY ELLIS 269 E LOMA VISTA ST, COVINA, CA 91723 | EXEC. ASST. COORDINA Highest-paid employee | 40 | $85,000 |
| MICHELLE MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | PRES/DIRECTOR | 0 | $0 |
| ELISABETH MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | SECR/TREAS/DIR | 0 | $0 |
| RICHARD MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
| LAUREN MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
| PAUL MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YISHAY AISIK 660 NEWPORT CENTER DRIVE STE 1300, NEWPORT BEACH, CA 92660 | EXEC. DIRECTOR Highest-paid employee | 40 | $285,032 |
| AMY ELLIS 660 NEWPORT CENTER DRIVE STE 1300, NEWPORT BEACH, CA 92660 | EXEC. ASST. COORDINA Highest-paid employee | 40 | $85,000 |
| MICHELLE MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | PRES/DIRECTOR | 0 | $0 |
| ELISABETH MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | SECR/TREAS/DIR | 0 | $0 |
| RICHARD MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
| LAUREN MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
| PAUL MERAGE 660 NEWPORT CENTER DR 1300, NEWPORT BEACH, CA 92660 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 660 NEWPORT CENTER DR 13TH FL, NEWPORT BEACH, CA 92660-6401
- In care of
- % IFF ADVISORS LLC
- Signed the 990-PF
- MICHELLE MERAGE, PRESIDENT
- Phone
- (949) 474-5800
- Website
- WWW.MERAGEFOUNDATIONS.COM
- Return prepared by
- DELOITTE TAX LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0529693 or by the name THE MERAGE INSTITUTE FOR THE AMERICAN DREAM.
- 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 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 | Not 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
- 68-0529693
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $7,550,971
- Income (IRS master file)
- $2,424,619
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,424,619 | $2,461,092 | $7,550,971 | XML |
| 990-PF | December 2023 | $2,752,297 | $2,419,836 | $10,276,243 | 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 68-0529693).
Questions about THE MERAGE INSTITUTE FOR THE AMERICAN DREAM
- What is the EIN of THE MERAGE INSTITUTE FOR THE AMERICAN DREAM?
- The employer identification number (EIN) of THE MERAGE INSTITUTE FOR THE AMERICAN DREAM is 68-0529693.
- Is THE MERAGE INSTITUTE FOR THE AMERICAN DREAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to THE MERAGE INSTITUTE FOR THE AMERICAN DREAM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MERAGE INSTITUTE FOR THE AMERICAN DREAM file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MERAGE INSTITUTE FOR THE AMERICAN DREAM 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 THE MERAGE INSTITUTE FOR THE AMERICAN DREAM 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 THE MERAGE INSTITUTE FOR THE AMERICAN DREAM?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $285,000 (YISHAY AISIK, EXEC. DIRECTOR).
- How much revenue does THE MERAGE INSTITUTE FOR THE AMERICAN DREAM have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,424,619, expenses of $2,461,092 and total assets of $7,550,971 at year end.
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