Nonprofit · EIN 84-4440168
IFS FOUNDATION
Tax-exempt · ITASCA, IL 60143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Keys | Chair | 5 | $0 |
| Christine LaVoi | Vice Chair | 1 | $0 |
| Brian Zacker | Treasurer | 1 | $0 |
| Scott Camarotti | President | 1 | $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
- Website
- WWW.IFSFOUNDATION.ORG
Mission
To reduce poverty in remote and rural Sri Lanka
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 areasExpenses $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 buildingExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $85,163
- Income (IRS master file)
- $70,799
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $70,799 | $55,179 | $85,163 | XML |
| 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.
Other nonprofits in ITASCA
- FIRESIDE FOUNDATION EIN 36-7091787 · last filed 990-PF for 2025
- MICHAEL & SUZANNE CARUSILLO CHARITABLE FOUNDATION EIN 36-7129916 · last filed 990-PF for 2025
- CLAYTON A STRUVE FAMILY FOUNDATION EIN 36-7168400 · last filed 990-PF for 2025
- GLASS SOLUTIONS FOUNDATION EIN 82-1946138 · last filed 990-PF for 2025
- THE CHAPIN FOUNDATION EIN 36-7058074 · last filed 990-PF for 2025
- MARK WAUTERLEK AND ALLAN J HAMILTONEDUCATION FOUNDATION EIN 26-0163077 · last filed 990-PF for 2025
- DARLEY EMPLOYEE FUND NFP EIN 83-3259176 · last filed 990-PF for 2025
- BT8 FOUNDATION EIN 93-2374398 · last filed 990-N for 2025
All nonprofits in ITASCA · Illinois · Philanthropy, voluntarism and grantmaking foundations