Nonprofit · EIN 85-4101886
BALLYDAVID FOUNDATION
Tax-exempt · VERO BEACH, FL 32963
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $75,208 | $60,611 | $14,597 | $1,170,725 | $0 | $1,170,725 |
| December 31, 2024 | 990-PF | $45,500 | $69,034 | -$23,534 | $1,156,128 | $0 | $1,156,128 |
| December 31, 2023 | 990-PF | $23,388 | $34,430 | -$11,042 | $1,179,662 | $0 | $1,179,662 |
| December 31, 2021 | 990-PF | $549,026 | $78,983 | $470,043 | $987,528 | $0 | $987,528 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $39,871
- Interest
- $1,448
- Net gain from sales of assets
- $33,889
Expenses
- Grants and similar amounts paid
- $49,700
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $49,700
- Excise tax on investment income
- $979
Balance sheet and other
- Total assets, start of year
- $1,156,128
- Total assets, end of year
- $1,170,725
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,170,725
- Fair market value of assets
- $1,362,624
- Qualifying distributions
- $49,700
- Net investment income
- $75,208
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/PRESIDENT | 2 | $0 |
| SEAN O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/SEC/TRES | 2 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/PRESIDENT | 2 | $0 |
| SEAN O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/SEC/TRES | 2 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/PRESIDENT | 2 | $0 |
| SEAN O'SHEA 2280 E BEACHSIDE LANE, VERO BEACH, FL 32963 | DIRECTOR/SEC/TRES | 2 | $0 |
990-PF for the year ended December 31, 2021: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie O'Shea Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Pres | 1 | $0 |
| Sean O'Shea Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Sec, Treas | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2280 E BEACHSIDE LN, VERO BEACH, FL 32963-3100
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- JULIE O'SHEA, TRUSTEE
- Phone
- (917) 405-6750
- Return prepared by
- GRASSI ADVISORY GROUP INC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-4101886
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,170,725
- Income (IRS master file)
- $247,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $75,208 | $60,611 | $1,170,725 | XML |
| 990-PF | December 2024 | $45,500 | $69,034 | $1,156,128 | XML |
| 990-PF | December 2023 | $23,388 | $34,430 | $1,179,662 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $549,026 | $78,983 | $987,528 | XML |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about BALLYDAVID FOUNDATION
- What is the EIN of BALLYDAVID FOUNDATION?
- The employer identification number (EIN) of BALLYDAVID FOUNDATION is 85-4101886.
- Is BALLYDAVID FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to BALLYDAVID FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BALLYDAVID FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BALLYDAVID 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 BALLYDAVID FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BALLYDAVID FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does BALLYDAVID FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $75,208, expenses of $60,611 and total assets of $1,170,725 at year end.
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All nonprofits in VERO BEACH · Florida · Philanthropy, voluntarism and grantmaking foundations