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Nonprofit · EIN 84-4440168

IFS FOUNDATION

Tax-exempt · ITASCA, IL 60143

Financials

$71K$55K2024
Revenue Expenses · by fiscal year end
Financials of IFS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$70,799$55,179$15,620$85,163$0$85,163
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$70,799
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$54,989
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Other expenses
$190
Program services (functional)
$54,989

Balance sheet and other

Total assets, start of year
$69,543
Total assets, end of year
$85,163
Total liabilities, end of year
$0
Net assets, end of year
$85,163
Cash, savings and investments
$85,163
Gross receipts
$70,799

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Stephen KeysChair5$0
Christine LaVoiVice Chair1$0
Brian ZackerTreasurer1$0
Scott CamarottiPresident1$0

Address and contacts

Address (IRS master file)
300 PARK BLVDSTE 350, ITASCA, IL 60143-0000
In care of
% MITCH DWIGHT
Mailing address (990-N for 2023)
300 Park Blvd, Itasca IL 60143
Principal officer (990-N for 2023)
Scott Camarotti, 300 Park Blvd, Itasca IL 60143
Signed the 990-EZ
Brian Zacker, TREASURER
Phone
(847) 969-8943

Mission

To reduce poverty in remote and rural Sri Lanka

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Project to relieve poverty in Weralugahamulla in the Madampe Divisional Hospital by funding improvements to the facilities to address structural and safety concerns Improvements to storage facilities water infrastructure toilets and other areas
    Expenses $35,673
  • Project to relieve poverty in Weralugahamulla in the Madampe Divisional Hospital by funding improvements to the facilities to address structural and safety concerns specific to the dental and clinic center building
    Expenses $19,316

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
84-4440168
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$85,163
Income (IRS master file)
$70,799

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$70,799$55,179$85,163XML
990-N for 2023
Officer: Scott Camarotti
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Scott Camarotti
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Stephen Keys
December 31, 2020≤ $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 84-4440168).

Questions about IFS FOUNDATION

What is the EIN of IFS FOUNDATION?
The employer identification number (EIN) of IFS FOUNDATION is 84-4440168.
Is IFS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to IFS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IFS 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 IFS FOUNDATION 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 IFS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of IFS FOUNDATION?
The 990-N for 2023 names Scott Camarotti.
Who are the officers and directors of IFS FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does IFS FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $70,799, expenses of $55,179 and total assets of $85,163 at year end.

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