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Nonprofit · EIN 84-3042040

HAWTHORN FOUNDATION INC

Tax-exempt · HARVARD, MA 01451

Financials

$316K$1.5M2023$965K$1.6M2024
Revenue Expenses · by fiscal year end
Financials of HAWTHORN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$964,985$1,598,221-$633,236$10,788,415$0$10,788,415
December 31, 2023990$315,593$1,545,035-$1,229,442$10,024,362$484$10,023,878
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$663,408
Program service revenue
$0
Investment income
$298,458
Net gain from sales of assets
$249,760
Other revenue
$3,119

Expenses

Grants and similar amounts paid
$1,127,418
Compensation of officers, directors and key employees
$256,641
Other salaries and wages
$12,731
Salaries, compensation and benefits (total)
$302,418
Professional fundraising fees
$0
Accounting fees
$34,108
Occupancy
$2,855
Travel
$8,040
Program services (functional)
$1,215,004
Management and general (functional)
$327,106
Fundraising (functional)
$56,111

Balance sheet and other

Total assets, start of year
$10,024,362
Total assets, end of year
$10,788,415
Total liabilities, end of year
$0
Net assets, end of year
$10,788,415
Publicly traded securities
$4,970,409
Net assets without donor restrictions
$5,405,838
Net assets with donor restrictions
$5,382,577
Gross receipts
$7,089,863
Employees
4
Year formed
2019
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES J FINNEGANCFO
Officer
30$159,776$32,507$44,982
ANDRES PEREZ BENZOTRUSTEE/EXEC
Trustee or director, Officer
20$96,865$0$4,843
JEAN PAUL DESTARACTRUSTEE
Trustee or director
1$0$0$0
ANTHONY HADFORDTRUSTEE
Trustee or director
1$0$0$0
ALLESENDRO CROCCOTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES J FINNEGANCFO
Officer
30$135,117$27,083$18,934
ANDRES PEREZ BENZOTRUSTEE/EXEC
Trustee or director, Officer
20$100,000$0$0
JEAN PAUL DESTARACTRUSTEE
Trustee or director
1$0$0$0
ANTHONY HADFORDTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
215 AYER RD UNIT 878, HARVARD, MA 01451-5037
Principal officer (990 for 2024)
JAMES J FINNEGAN, 215 AYER ROAD UNIT 878, HARVARD, MA 01451
Signed the 990
JAMES J FINNEGAN, CFO
Phone
(202) 743-1586
Return prepared by
PRIDA GUIDA & PEREZ PA

Mission

THE HAWTHORN FOUNDATION WAS ESTABLISHED TO PROVIDE RESOURCES TO ACCELERATE THE LAUNCH OF SCHOOLS INSPIRED BY THE TEACHINGS OF ST. JOSEMARIA ESCRIVA IN THE UNITED STATES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION'S SOLE PROGRAM IS TO ACCELERATE THE LAUNCH OF SCHOOLS INSPIRED BY THE TEACHINGS OF ST. JOSEMARIA ESCRIVA IN THE UNITED STATES.
    Expenses $1,215,004 · grants $1,127,418

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3042040
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$10,788,415
Income (IRS master file)
$7,089,863

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$964,985$1,598,221$10,788,415XML
990December 2023$315,593$1,545,035$10,024,362XML
990December 2022$2,854,916$3,227,122$11,204,969IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-EZDecember 2019–––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 84-3042040).

Questions about HAWTHORN FOUNDATION INC

What is the EIN of HAWTHORN FOUNDATION INC?
The employer identification number (EIN) of HAWTHORN FOUNDATION INC is 84-3042040.
Is HAWTHORN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to HAWTHORN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does HAWTHORN 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 HAWTHORN 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 HAWTHORN 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 HAWTHORN FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JAMES J FINNEGAN.
Who are the officers and directors of HAWTHORN FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $159,776 (JAMES J FINNEGAN, CFO).
How much revenue does HAWTHORN FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $964,985, expenses of $1,598,221 and total assets of $10,788,415 at year end.

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