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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-1001361

GEORGE KARUSKY MEMORIAL FOUNDATION

Tax-exempt · PHILADELPHIA, PA 19154

Financials

$37K$24K2023$47K$31K2024
Revenue Expenses · by fiscal year end
Financials of GEORGE KARUSKY MEMORIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$47,493$30,520$16,973$94,645–$94,645
December 31, 2023990-EZ$36,841$23,659$13,182$61,582–$61,582
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$42,736
Program service revenue
$0
Investment income
$4,757

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$650
Printing, publications and postage
$75
Other expenses
$29,795
Program services (functional)
$8,000

Balance sheet and other

Total assets, start of year
$54,775
Total assets, end of year
$94,645
Total liabilities, end of year
–
Net assets, end of year
$94,645
Cash, savings and investments
$94,645
Gross receipts
$47,493

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
George KaruskyPresident10$0
Joseph McFaddenSecretary10$0
Steven D NeilsonTreasurer/Vice President10$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
George KaruskyPresident10$0
Joseph McFaddenSecretary10$0
Steven D NeilsonTreasurer/Vice President10$0

Address and contacts

Address (IRS master file)
141 DIMARCO DR, PHILADELPHIA, PA 19154-4301
Mailing address (990-N for 2025)
141 DIMARCO DRIVE, PHILADELPHIA PA 19154
Principal officer (990-N for 2025)
GEORGE KARUSKY III, 141 DIMARCO DRIVE, PHILADELPHIA PA 19154
Signed the 990-EZ
George P Karusky, President
Phone
(215) 768-6532
Return prepared by
CHRISTOPHER J REILLY

Mission

To memoralize the memory of George Karusky IV by providing resoruces by raising funds to pay any expenses including funeral, annual scholarships or sponsorships to

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Provided Account Scholarships to Archbishop Ryan Students
    Expenses $8,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-N for GEORGE KARUSKY MEMORIAL FOUNDATION

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
85-1001361
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
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: GEORGE KARUSKY III
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$47,493$30,520$94,645XML
990-EZDecember 2023$36,841$23,659$61,582XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 85-1001361).

Questions about GEORGE KARUSKY MEMORIAL FOUNDATION

What is the EIN of GEORGE KARUSKY MEMORIAL FOUNDATION?
The employer identification number (EIN) of GEORGE KARUSKY MEMORIAL FOUNDATION is 85-1001361.
Is GEORGE KARUSKY MEMORIAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to GEORGE KARUSKY MEMORIAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GEORGE KARUSKY MEMORIAL FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GEORGE KARUSKY MEMORIAL 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 GEORGE KARUSKY MEMORIAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of GEORGE KARUSKY MEMORIAL FOUNDATION?
The 990-N for 2025 names GEORGE KARUSKY III.
Who are the officers and directors of GEORGE KARUSKY MEMORIAL FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GEORGE KARUSKY MEMORIAL FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $47,493, expenses of $30,520 and total assets of $94,645 at year end.

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