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Nonprofit · EIN 84-3835636

PERFECT SEAS FOUNDATION INC

Tax-exempt · BOSTON, MA 02135

Financials

$19.2M$8.2M2023$12.9M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of PERFECT SEAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$12,934,873$8,557,027$4,377,846$123,939,828$0$123,939,828
December 31, 2023990-PF$19,222,875$8,157,816$11,065,059$119,597,104$0$119,597,104
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$4,070,967
Net gain from sales of assets
$8,863,906

Expenses

Grants and similar amounts paid
$8,000,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$8,000,000
Excise tax on investment income
$172,052

Balance sheet and other

Total assets, start of year
$119,597,104
Total assets, end of year
$123,939,828
Total liabilities, end of year
$0
Net assets, end of year
$123,939,828
Fair market value of assets
$172,460,698
Qualifying distributions
$8,000,000
Net investment income
$12,934,873

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL A BASS
1380 SOLDIERS FIELD ROAD 2100, BOSTON, MA 02135
PRESIDENT2$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
MICHAEL A BASS
1380 SOLDIERS FIELD ROAD 2100, BOSTON, MA 02135
PRESIDENT2$0

Address and contacts

Address (IRS master file)
1380 SOLDIERS FIELD RD STE 2100, BOSTON, MA 02135-1052
In care of
% MICHAEL A BASS
Signed the 990-PF
MICHAEL A BASS, PRESIDENT
Phone
(617) 787-5551
Return prepared by
STEVENS & CICCONE ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-3835636
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$123,939,828
Income (IRS master file)
$31,058,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$12,934,873$8,557,027$123,939,828XML
990-PFDecember 2023$19,222,875$8,157,816$119,597,104XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 84-3835636).

Questions about PERFECT SEAS FOUNDATION INC

What is the EIN of PERFECT SEAS FOUNDATION INC?
The employer identification number (EIN) of PERFECT SEAS FOUNDATION INC is 84-3835636.
Is PERFECT SEAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to PERFECT SEAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PERFECT SEAS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PERFECT SEAS 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 PERFECT SEAS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of PERFECT SEAS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does PERFECT SEAS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $12,934,873, expenses of $8,557,027 and total assets of $123,939,828 at year end.

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