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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-4321559

SOGAL FOUNDATION

Tax-exempt · NAPLES, FL 34110

Financials

$421K$230K2022
Revenue Expenses · by fiscal year end
Financials of SOGAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2022990$421,062$230,465$190,597$713,255$150,000$563,255
Financial details: 990 for the year ended December 31, 2022

Revenue

Contributions, gifts and grants
$419,261
Program service revenue
$0
Investment income
$1,801
Other revenue
$0

Expenses

Grants and similar amounts paid
$60,000
Compensation of officers, directors and key employees
$0
Other salaries and wages
$112,340
Salaries, compensation and benefits (total)
$116,272
Professional fundraising fees
$0
Legal fees
$3,661
Travel
$1,291
Program services (functional)
$110,530
Management and general (functional)
$119,935

Balance sheet and other

Total assets, start of year
$822,658
Total assets, end of year
$713,255
Total liabilities, end of year
$150,000
Net assets, end of year
$563,255
Net assets without donor restrictions
$563,255
Gross receipts
$421,062
Employees
2
Volunteers
100
Year formed
2018
State of legal domicile
NY

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, 2022, highest compensation first.

NameTitleHours / weekCompensation
ANN DRABICKOPERATIONS & PARTNERSHIPS MANA
Officer
40$63,236
Elizabeth GalbutCo-Chair
Trustee or director, Officer
5$0
YIQING POCKET SUNCo-Chair
Trustee or director, Officer
5$0
Elaine TruongSecretary
Trustee or director, Officer
5$0
Calanthia Meimember
Trustee or director
5$0
Taylor HebbleTreasurer
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
5660 STRAND COURT BOX A105, NAPLES, FL 34110-3343
In care of
% YIQING SUN
Mailing address (990-N for 2025)
5660 Strand Court Box A105, Naples FL 34110
Principal officer (990 for 2022)
Elizabeth Galbut, 5560 Strand CourtA105, Naples, FL 34110
Principal officer (990-N for 2025)
Elizabeth Galbut, 5660 Strand Court Box A105, Naples FL 34110
Signed the 990
Elizabeth Galbut, Co-Chair
Phone
(239) 595-1163
Return prepared by
WithumSmithBrown PC

Mission

TO CLOSE THE DIVERSITY GAP IN ENTREPRENEURSHIP AND VENTURE CAPITAL

990 for the year ended December 31, 2022

Program accomplishments

  • Our regular webinar series and a series of in-person trainings provides training and mentorship for junior women beginning their careers in Venture Capital (VC) and angel investing to ask questions and get advice in a candid, safe setting. As a result, through these educational trainings, the Foundation will educate and galvanize diverse future investors, who will in turn invest at least $1.5M+ in underrepresented founders. The Foundation is hosting our third annual global competition for female and underrepresented founders with multiple regional rounds, and a three-day immersive bootcamp for the cohort of global finalists. The Foundation is providing the unique opportunity for underrepresented founders to compete in multiple rounds and learn in an immersive educational bootcamp, with an exclusive opportunity for exposure and feedback. This educational initiative and publicity has the potential to result in VC feedback and a chance to secure funding which aids female-owned businesses, which are a minority in the VC world. The Foundation hosts 12 online fireside chats on often-ignored systemic issues such as societal expectations & pressures of marriage, fertility & childcare, and eldercare, reaching more than 1,200 diverse entrepreneurs. The webinar participants learn new ways to cope with the stresses entrepreneurs face, a stronger understanding of their finances, or additional confidence in speaking to media. The Foundation hosts mental health, financial literacy, and media training educational webinars reaching more than 2,400 diverse entrepreneurs. Webinars may be accompanied by in person events facilitated by Facebook live. The webinar participants will learn new strategies & resources to strengthen resilience despite the often ignored systemic issues, societal expectations, and family responsibility pressures. Through grant funding, the Foundation provides startup funding awards to minority women and non-binary business entrepreneurs
    Expenses $110,530 · grants $60,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

File the 2026 990-N for SOGAL FOUNDATION

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-4321559
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-N (e-Postcard)
Category (NTEE)
Education (B03)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Elizabeth Galbut
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2022$421,062$230,465$713,255XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 82-4321559).

Questions about SOGAL FOUNDATION

What is the EIN of SOGAL FOUNDATION?
The employer identification number (EIN) of SOGAL FOUNDATION is 82-4321559.
Is SOGAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to SOGAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOGAL FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SOGAL FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOGAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of SOGAL FOUNDATION?
The 990 for the year ended December 31, 2022 names Elizabeth Galbut.
Who are the officers and directors of SOGAL FOUNDATION?
The 990 for the year ended December 31, 2022 lists 6 people; 1 received compensation from the organization, the highest $63,236 (ANN DRABICK, OPERATIONS & PARTNERSHIPS MANA).
How much revenue does SOGAL FOUNDATION have?
On its 990 for the year ended December 31, 2022 it reported revenue of $421,062, expenses of $230,465 and total assets of $713,255 at year end.

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