Nonprofit · EIN 81-5049857
NEW CANAAN ATHLETIC FOUNDATION INC
Tax-exempt · NEW CANAAN, CT 06840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,781,694 | $3,388,081 | -$1,606,387 | $582,499 | $1,350,000 | -$767,501 |
| December 31, 2023 | 990 | $341,008 | $343,397 | -$2,389 | $803,517 | $0 | $803,517 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,621,414
- Program service revenue
- $159,963
- Investment income
- $317
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Program services (functional)
- $3,362,462
- Management and general (functional)
- $25,619
Balance sheet and other
- Total assets, start of year
- $803,517
- Total assets, end of year
- $582,499
- Total liabilities, end of year
- $1,350,000
- Net assets, end of year
- -$767,501
- Gross receipts
- $1,781,694
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- CT
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 |
|---|---|---|---|
| Michael Benevento | Chairman Trustee or director | 0 | $0 |
| Mike Murphy | Vice President Trustee or director | 0 | $0 |
| Brett Nardini | Director Trustee or director | 0 | $0 |
| James Dunning | Director Trustee or director | 0 | $0 |
| Andrew Gordon | Treasurer Trustee or director | 0 | $0 |
| Patrick Russell | Director Trustee or director | 0 | $0 |
| Jeff Fittipaldi | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Benevento | Chairman Trustee or director | 0 | $0 |
| Mike Murphy | Vice President Trustee or director | 0 | $0 |
| Kimberly Conners | Secretary Trustee or director | 0 | $0 |
| Robin Biasotti | Director Trustee or director | 0 | $0 |
| James Dunning | Director Trustee or director | 0 | $0 |
| Andrew Gordon | Treasurer Trustee or director | 0 | $0 |
| Patrick Russell | Director Trustee or director | 0 | $0 |
| Jeff Fittipaldi | Director Trustee or director | 0 | $0 |
| Alex Sacripanti | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 932, NEW CANAAN, CT 06840-0932
- Mailing address (990-N for 2018)
- 195 Skyview Lane, New Canaan CT 06840
- Principal officer (990 for 2024)
- Michael Benevento, PO Box 932, New Canaan, CT 06840
- Principal officer (990-N for 2018)
- Michael Benevento, 195 Skyview Lane, New Canaan CT 06840
- Signed the 990
- Michael Benevento, Chairman
- Phone
- (917) 617-7149
- Return prepared by
- Morton & Associates
Mission
Support the experience of all youth and NCHS athletes with a broad based community commitment toward facilities and a healthy lifestyle.
Program accomplishments
- Support the experience of all youth and NCHS athletes with a broad based community commitment toward facilities and a healthy lifestyle.Expenses $3,362,462 · grants $3,341,850
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
- 81-5049857
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N30)
- Assets (IRS master file)
- $582,499
- Income (IRS master file)
- $1,781,694
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,781,694 | $3,388,081 | $582,499 | XML |
| 990 | December 2023 | $341,008 | $343,397 | $803,517 | XML |
| 990 | December 2022 | $550,666 | $58,855 | $776,101 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Michael Benevento | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-5049857).
Questions about NEW CANAAN ATHLETIC FOUNDATION INC
- What is the EIN of NEW CANAAN ATHLETIC FOUNDATION INC?
- The employer identification number (EIN) of NEW CANAAN ATHLETIC FOUNDATION INC is 81-5049857.
- Is NEW CANAAN ATHLETIC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to NEW CANAAN ATHLETIC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW CANAAN ATHLETIC FOUNDATION INC 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 NEW CANAAN ATHLETIC FOUNDATION INC 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 NEW CANAAN ATHLETIC FOUNDATION INC 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 NEW CANAAN ATHLETIC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Michael Benevento.
- Who are the officers and directors of NEW CANAAN ATHLETIC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does NEW CANAAN ATHLETIC FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,781,694, expenses of $3,388,081 and total assets of $582,499 at year end.
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