Nonprofit · EIN 86-1281000
JAMES T BURNS FAMILY FOUNDATION INC
Tax-exempt · SARATOGA SPGS, NY 12866
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $13,094 | $33,379 | -$20,285 | $505,215 | $0 | $505,215 |
| December 31, 2023 | 990-PF | $8,828 | $41,676 | -$32,848 | $478,374 | $0 | $478,374 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $14,054
- Net gain from sales of assets
- -$960
Expenses
- Grants and similar amounts paid
- $33,096
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $33,096
- Excise tax on investment income
- $195
Balance sheet and other
- Total assets, start of year
- $478,374
- Total assets, end of year
- $505,215
- Total liabilities, end of year
- $0
- Net assets, end of year
- $505,215
- Fair market value of assets
- $505,215
- Qualifying distributions
- $33,096
- Net investment income
- $14,054
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES BURNS 4 STONY BROOK DRIVE, SARATOGA SPRINGS, NY 12866 | TRUSTEE AND PRESIDENT | 1 | $0 |
| CHRISTINA BURNS 4 STONY BROOK DRIVE, SARATOGA SPRINGS, NY 12866 | TRUSTEE AND VICE PRESIDENT | 1 | $0 |
| WILLIAM KAHN 127 CHANCELLOR DRIVE, GUILDERLAND, NY 12084 | TRUSTEE AND TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES BURNS 4 STONY BROOK DRIVE, SARATOGA SPRINGS, NY 12866 | TRUSTEE AND PRESIDENT | 1 | $0 |
| CHRISTINA BURNS 4 STONY BROOK DRIVE, SARATOGA SPRINGS, NY 12866 | TRUSTEE AND VICE PRESIDENT | 1 | $0 |
| WILLIAM KAHN 127 CHANCELLOR DRIVE, GUILDERLAND, NY 12084 | TRUSTEE AND TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4 STONY BROOK DR, SARATOGA SPGS, NY 12866-6445
- In care of
- % JAMES T BURNS
- Signed the 990-PF
- JAMES T BURNS, PRESIDENT
- Phone
- (518) 456-7155
- Return prepared by
- UHY ADVISORS NORTHEAST 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 | Not 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
- 86-1281000
- 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 (T20)
- Assets (IRS master file)
- $505,215
- Income (IRS master file)
- $94,054
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $13,094 | $33,379 | $505,215 | IRS |
| 990-PF | December 2023 | $8,828 | $41,676 | $478,374 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 86-1281000).
Questions about JAMES T BURNS FAMILY FOUNDATION INC
- What is the EIN of JAMES T BURNS FAMILY FOUNDATION INC?
- The employer identification number (EIN) of JAMES T BURNS FAMILY FOUNDATION INC is 86-1281000.
- Is JAMES T BURNS FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to JAMES T BURNS FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAMES T BURNS FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAMES T BURNS FAMILY 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 JAMES T BURNS FAMILY 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 JAMES T BURNS FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does JAMES T BURNS FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,094, expenses of $33,379 and total assets of $505,215 at year end.
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All nonprofits in SARATOGA SPGS · New York · Philanthropy, voluntarism and grantmaking foundations