Nonprofit · EIN 83-1285267
1931 FOUNDATION
Tax-exempt · BROOKLYN, NY 11209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $68,978 | $60,143 | $8,835 | $56,920 | $0 | $56,920 |
| December 31, 2024 | 990-EZ | $60,746 | $44,971 | $15,775 | $48,085 | $0 | $48,085 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $68,978
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Grants and similar amounts paid
- $37,191
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $22,952
- Program services (functional)
- $31,274
Balance sheet and other
- Total assets, start of year
- $48,085
- Total assets, end of year
- $56,920
- Total liabilities, end of year
- $0
- Net assets, end of year
- $56,920
- Cash, savings and investments
- $56,920
- Gross receipts
- $68,978
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Francisco Lugo | Secretary | 4 | $0 |
| Adam Ortiz | Trustee | 1 | $0 |
| Chris Gale | Trustee | 1 | $0 |
| Carlos Famadas | Chairman | 4 | $0 |
| Dennis Camacho | Treasurer | 1 | $0 |
| Jaosn Nicolau | Trustee | 1 | $0 |
| Raul de la Rosa | Trustee | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carlos Famadas | Chairman | 4 | $0 |
| Francisco Lugo | Secretary | 4 | $0 |
| Jason Nicolau | Trustee | 1 | $0 |
| Adam Ortiz | Trustee | 1 | $0 |
| Dennis Camacho | Treasurer | 1 | $0 |
| Chris Gale | Trustee | 1 | $0 |
| Raul de la Rosa | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9322 3RD AVENUE STE 412, BROOKLYN, NY 11209-6876
- In care of
- % ANDREW M GRUMET DRINKER BIDDLE RE
- Mailing address (990-N for 2023)
- 1177 Avenue of the Americas, New York NY 10036
- Principal officer (990-N for 2023)
- Carlos Famadas, 1177 Avenue of the Americas, New York NY 10036
- Signed the 990-EZ
- Carlos Famadas, Chairman
- Phone
- (443) 803-0150
- Website
- www.phiota.org
Mission
The 1931 Foundation is dedicated to supporting the Hispanic community via educational scholarships, financial aid for emergency needs, and support for community organizations.
Program accomplishments
- Annual Golf Outing raising funds for pancreatic research with donations to Lustgarten Foundation and families with children affected by sudden loss of parent via the 1931 Omega Fund.Expenses $22,474 · grants $12,207
- FIA Merit scholarships to campus leadersExpenses $2,000 · grants $2,000
- Grant to National Hispanic Institute for development of young latino studentsExpenses $6,800 · grants $6,800
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 83-1285267
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $56,920
- Income (IRS master file)
- $68,978
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $68,978 | $60,143 | $56,920 | XML |
| 990-EZ | December 2024 | $60,746 | $44,971 | $48,085 | XML |
| 990-N for 2023 Officer: Carlos Famadas | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Carlos Famadas | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Carlos Famadas | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Carlos Famadas | December 31, 2019 | ≤ $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 83-1285267).
Questions about 1931 FOUNDATION
- What is the EIN of 1931 FOUNDATION?
- The employer identification number (EIN) of 1931 FOUNDATION is 83-1285267.
- Is 1931 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to 1931 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 1931 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 1931 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 1931 FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of 1931 FOUNDATION?
- The 990-N for 2023 names Carlos Famadas.
- Who are the officers and directors of 1931 FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does 1931 FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $68,978, expenses of $60,143 and total assets of $56,920 at year end.
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