Nonprofit · EIN 81-3048971
SEP FOUNDATION
Tax-exempt (reinstated) · LOS ALTOS, CA 94022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $154,291 | $188,867 | -$34,576 | $267,669 | $0 | $267,669 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $154,291
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $82,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $188,867
Balance sheet and other
- Total assets, start of year
- $302,245
- Total assets, end of year
- $267,669
- Total liabilities, end of year
- $0
- Net assets, end of year
- $267,669
- Gross receipts
- $154,291
- Employees
- 0
- Year formed
- 2016
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA DANIELS | CHAIR Trustee or director, Officer | 1 | $0 |
| DHARMENDRA KUMAR | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 171 MAIN ST STE 616, LOS ALTOS, CA 94022-2912
- Principal officer (990 for 2024)
- DIANA DANIELS
- Signed the 990
- DHARMENDRA KUMAR, SECRETARY/TREASURER
- Phone
- (801) 755-5174
- Website
- ALUMNISCHOLARSHIP.ORG
- Return prepared by
- FORESIGHT CPA GROUP
California records
California keeps its own records of charities and corporations. Search them by EIN 81-3048971 or by the name SEP FOUNDATION.
- 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)
Mission
ENSURING NOT-FOR-PROFIT LEADERS CAN HAVE ACCESS TO EXECUTIVE LEVEL EDUCATION, TO LET THEM SCALE THEIR BUSINESSES FOR GLOBAL IMPACT.
Program accomplishments
- ORGANIZE GLOBAL EVENTS TO ENCOURAGE CONTRIBUTIONS SUPPORTING THE EDUCATION OF NON-PROFIT LEADERS TO STANFORD EXECUTIVE PROGRAM EDUCATION. PROVIDED AN ANNUAL SCHOLARSHIP TO (1) INDIVIDUAL TO ATTEND STANFORD UNIVERSITY'S EXCECUTIVE MANAGEMENT PROGRAM. THE GRANT PAID FOR THE FULL COST OF TUITION.Expenses $188,867 · grants $82,000 · revenue $154,291
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 81-3048971
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B84)
- Assets (IRS master file)
- $267,669
- Income (IRS master file)
- $154,291
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $154,291 | $188,867 | $267,669 | 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 81-3048971).
Questions about SEP FOUNDATION
- What is the EIN of SEP FOUNDATION?
- The employer identification number (EIN) of SEP FOUNDATION is 81-3048971.
- Is SEP FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to SEP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEP FOUNDATION 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 SEP FOUNDATION 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 SEP FOUNDATION 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 SEP FOUNDATION?
- The 990 for the year ended December 31, 2024 names DIANA DANIELS.
- Who are the officers and directors of SEP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does SEP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $154,291, expenses of $188,867 and total assets of $267,669 at year end.
Other nonprofits in LOS ALTOS
- CREATIVE CENTER OF LOS ALTOS EIN 94-1527492 · last filed 990 for 2025
- BULLIS-PURISSIMA ELEMENTARY SCHOOL EIN 48-1298689 · last filed 990 for 2025
- WALDORF SCHOOL OF THE PENINSULA INC EIN 94-2941604 · last filed 990 for 2025
- BULLIS-PURISSIMA ELEMENTARY SCHOOL FOUNDATION EIN 48-1298690 · last filed 990 for 2024
- H2H8 ASSOCIATION EIN 84-4674322 · last filed 990 for 2025
- LOS ALTOS CHINESE SCHOOL CHILDRENS CENTER EIN 81-1595443 · last filed 990 for 2025
- STANFORD PROFESSIONALS IN REAL ESTATE NC EIN 37-1578711 · last filed 990 for 2024
- CODE FOR FUN EIN 46-4748165 · last filed 990 for 2024