Nonprofit · EIN 81-4879675
CHARITY ASSETS TRUST
Tax-exempt · SARASOTA, FL 34234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$1,165,420 | $1,388,972 | -$2,554,392 | $574 | $0 | $574 |
| December 31, 2023 | 990 | $14,885 | $23,163 | -$8,278 | $2,557,717 | $2,751 | $2,554,966 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- -$1,235,290
- Net rental income
- $69,870
- Net gain from sales of assets
- -$1,235,361
- Other revenue
- $69,870
Expenses
- Grants and similar amounts paid
- $1,390,047
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,388,972
Balance sheet and other
- Total assets, start of year
- $2,557,717
- Total assets, end of year
- $574
- Total liabilities, end of year
- $0
- Net assets, end of year
- $574
- Net assets without donor restrictions
- $574
- Gross receipts
- $1,430,731
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- DE
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 |
|---|---|---|---|
| BRYAN GREEN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BRYAN GREEN | TRUSTEE Trustee or director | 5 | $20,000 | $75,000 |
Address and contacts
- Address (IRS master file)
- 1859 NORTHGATE BLVD, SARASOTA, FL 34234-2120
- In care of
- % STEPHEN CANNON
- Principal officer (990 for 2024)
- BRYAN GREEN, 1859 NORTHGATE BLVD, SARASOTA, FL 342342120
- Signed the 990
- BRYAN GREEN, TRUSTEE
- Phone
- (706) 754-6884
- Return prepared by
- BARNES MERRITT & KOFFEL LLC
Mission
THE TRUST IS ORGANIZED, AND SHALL BE OPERATED, EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE, (THE "QUALIFIED PURPOSES") AND FOR THE SUPPORT AND BENEFIT OF, AND TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF IT'S SUPPORTED ORGANIZATIONS.
Program accomplishments
- THE TRUST IS ORGANIZED, AND SHALL BE OPERATED, EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE, (THE "QUALIFIED PURPOSES") AND FOR THE SUPPORT AND BENEFIT OF, AND TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF IT'S SUPPORTED ORGANIZATIONS.Expenses $1,388,972 · grants $1,390,047
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 | 990 on file |
IRS record
- EIN
- 81-4879675
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $574
- Income (IRS master file)
- $1,430,731
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$1,165,420 | $1,388,972 | $574 | XML |
| 990 | December 2023 | $14,885 | $23,163 | $2,557,717 | IRS |
| 990 | December 2022 | $2,565,001 | $5,240 | $2,563,244 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | 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 81-4879675).
Questions about CHARITY ASSETS TRUST
- What is the EIN of CHARITY ASSETS TRUST?
- The employer identification number (EIN) of CHARITY ASSETS TRUST is 81-4879675.
- Is CHARITY ASSETS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CHARITY ASSETS TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CHARITY ASSETS TRUST 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 CHARITY ASSETS TRUST 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 CHARITY ASSETS TRUST 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 CHARITY ASSETS TRUST?
- The 990 for the year ended December 31, 2024 names BRYAN GREEN.
- Who are the officers and directors of CHARITY ASSETS TRUST?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does CHARITY ASSETS TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$1,165,420, expenses of $1,388,972 and total assets of $574 at year end.
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All nonprofits in SARASOTA · Florida · Philanthropy, voluntarism and grantmaking foundations