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Nonprofit · EIN 87-1724276

54 FUND

Also known as FCCU2

Tax-exempt · STOCKTON, CA 95204

Financials

$435K$660K2023$819K$676K2024
Revenue Expenses · by fiscal year end
Financials of 54 FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$818,624$676,049$142,575$14,957,313$328$14,956,985
December 31, 2023990-PF$434,659$660,493-$225,834$13,301,691$1,391$13,300,300
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$250,000
Dividends
$170,200
Interest
$193,499
Net gain from sales of assets
$204,925

Expenses

Grants and similar amounts paid
$527,180
Compensation of officers, directors and key employees
$22,000
Disbursements for charitable purposes
$619,240
Excise tax on investment income
$7,154

Balance sheet and other

Total assets, start of year
$13,301,691
Total assets, end of year
$14,957,313
Total liabilities, end of year
$328
Net assets, end of year
$14,956,985
Fair market value of assets
$14,957,313
Qualifying distributions
$619,240
Net investment income
$568,624

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.

NameTitleHours / weekCompensation
NORA STROH
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
VICE CHAIR, DIRECTOR10$11,000
STEVE LIEGA
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR. SECRETARY, TREASURER10$11,000
MANUEL LOPEZ
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0
VALENCIA JONES
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0
KARYN JOHNSON
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
CHAIR, DIRECTOR1$0
MARK MORENO
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0
MICHAEL DUFFY
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR10$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
EDWARD FIGEROA
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR40$99,360$11,000
MANUEL LOPEZ
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0$0
VALENCIA JONES
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0$0
KARYN JOHNSON
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
CHAIR, DIRECTOR1$0$0
NORA STROH
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
VICE CHAIR, DIRECTOR20$0$0
MARK MORENO
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR1$0$0
MICHAEL DUFFY
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR10$0$0
STEVE LIEGA
2616 PACIFIC AVE 4081, STOCKTON, CA 95204
DIRECTOR. SECRETARY, TREASURER10$0$0

Address and contacts

Address (IRS master file)
PO BOX 4081, STOCKTON, CA 95204-0081
In care of
% MICHAEL P DUFFY
Signed the 990-PF
STEVE LEIGA, DIRECTOR
Phone
(209) 265-7937
Return prepared by
DRJ CPAS INC

California records

California keeps its own records of charities and corporations. Search them by EIN 87-1724276 or by the name 54 FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-1724276
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,957,313
Income (IRS master file)
$4,289,770

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$818,624$676,049$14,957,313XML
990-PFDecember 2023$434,659$660,493$13,301,691XML
990-PFDecember 2022–––IRS
990-PFDecember 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 87-1724276).

Questions about 54 FUND

What is the EIN of 54 FUND?
The employer identification number (EIN) of 54 FUND is 87-1724276.
Is 54 FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to 54 FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does 54 FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of 54 FUND 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 54 FUND 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 54 FUND?
The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $11,000 (NORA STROH, VICE CHAIR, DIRECTOR).
How much revenue does 54 FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $818,624, expenses of $676,049 and total assets of $14,957,313 at year end.

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