Nonprofit · EIN 82-2930616
ASA FOUNDATION
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $123,220 | $124,339 | -$1,119 | $11,378 | $24,447 | -$13,069 |
| June 30, 2024 | 990-EZ | $108,423 | $112,835 | -$4,412 | $14,932 | $26,882 | -$11,950 |
| June 30, 2023 | 990-EZ | $135,987 | $124,594 | $11,393 | $19,352 | $26,890 | -$7,538 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $61,497
- Program service revenue
- $61,723
Expenses
- Compensation of officers, directors and key employees
- $44,737
- Salaries, compensation and benefits (total)
- $48,306
- Professional fees and payments to contractors
- $7,009
- Occupancy
- $6,557
- Printing, publications and postage
- $14
- Other expenses
- $62,453
- Program services (functional)
- $37,341
Balance sheet and other
- Total assets, start of year
- $14,932
- Total assets, end of year
- $11,378
- Total liabilities, end of year
- $24,447
- Net assets, end of year
- -$13,069
- Cash, savings and investments
- $11,378
- Gross receipts
- $123,220
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASA MATHAT | CHAIRMAN | 40 | $44,737 |
| GISELA BUSHEY | SECRETARY | 0 | $0 |
| CHRISTINE SHIPLEY | VICE PRESIDE | 0 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASA MATHAT | CHAIRMAN | 40 | $44,811 |
| GISELA BUSHEY | SECRETARY | 1 | $0 |
| CHRISTINE SHIPLEY | VICE PRESIDE | 1 | $0 |
990-EZ for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Asa Mathat | Chairman | 40 | $33,764 |
| Gisela Bushey | Secretary | 1 | $0 |
| Christine Shipley | Vice President | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 555 BRYANT ST SUITE 186, PALO ALTO, CA 94301-1704
- In care of
- % ASA MATHAT
- Mailing address (990-N for 2017)
- 555 Bryant Avenue Suite 186, Palo Alto CA 94301
- Principal officer (990-N for 2017)
- Asa Mathat, 555 Bryant Avenue Suite 186, Palo Alto CA 94301
- Signed the 990-EZ
- ASA MATHAT, CHAIRMAN
- Phone
- (415) 517-6552
- Return prepared by
- FECHTER & COMPANY CPA'S
California records
California keeps its own records of charities and corporations. Search them by EIN 82-2930616 or by the name ASA 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
THE MISSION OF ASA FOUNDATION IS TO PROVIDE PHOTOGRAPHY TRAINING TO VULNERABLE AND HOMELESS YOUTH TO PROVIDE JOB SKILLS AND CAREER OPPORTUNITIES.
Program accomplishments
- PROFESSIONAL PHOTOGRAPHY SERVICES TO PROVIDE EDUCATIONAL OPPORTUNITIES TO VULNERABLE AND HOMELESS YOUTH.Expenses $37,341
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-2930616
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A31)
- Assets (IRS master file)
- $11,378
- Income (IRS master file)
- $123,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $123,220 | $124,339 | $11,378 | XML |
| 990-EZ | June 2024 | $108,423 | $112,835 | $14,932 | IRS |
| 990-EZ | June 2023 | $135,987 | $124,594 | $19,352 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Asa Mathat | June 30, 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 82-2930616).
Questions about ASA FOUNDATION
- What is the EIN of ASA FOUNDATION?
- The employer identification number (EIN) of ASA FOUNDATION is 82-2930616.
- Is ASA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to ASA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASA 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 ASA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of ASA FOUNDATION?
- The 990-N for 2017 names Asa Mathat.
- Who are the officers and directors of ASA FOUNDATION?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $44,737 (ASA MATHAT, CHAIRMAN).
- How much revenue does ASA FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $123,220, expenses of $124,339 and total assets of $11,378 at year end.
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- PALO ALTO ART CENTER FOUNDATION EIN 94-2382459 · last filed 990 for 2025
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- CALIFORNIA YOUTH SYMPHONY ASSOCIATION EIN 94-6084049 · last filed 990 for 2025
All nonprofits in PALO ALTO · California · Arts, culture and humanities