Nonprofit · EIN 87-3496468
KOIVU FOUNDATION INC
Tax-exempt · SANFORD, FL 32771
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $41,361 | $102,258 | -$60,897 | $905,599 | $21,864 | $883,735 |
| December 31, 2023 | 990-PF | $36,228 | $109,007 | -$72,779 | $949,894 | $26,311 | $923,583 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $41,311
- Interest
- $50
Expenses
- Grants and similar amounts paid
- $41,128
- Salaries, compensation and benefits (total)
- $34,817
- Disbursements for charitable purposes
- $41,128
Balance sheet and other
- Total assets, start of year
- $949,894
- Total assets, end of year
- $905,599
- Total liabilities, end of year
- $21,864
- Net assets, end of year
- $883,735
- Fair market value of assets
- $827,094
- Qualifying distributions
- $41,128
- Net investment income
- $57,930
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 |
|---|---|---|---|
| Mark Koivu 5393 Shoreline Circle, Sanford, FL 32771 | President | 1 | $0 |
| Lori Koivu 5393 Shoreline Circle, Sanford, FL 32771 | Vice-President | 1 | $0 |
| William Koivu 5271 Vista Club Run, Sanford, FL 32771 | Treasurer/Secretary | 5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Koivu 5393 Shoreline Circle, Sanford, FL 32771 | President | 1 | $0 |
| Lori Koivu 5393 Shoreline Circle, Sanford, FL 32771 | Vice-President | 1 | $0 |
| William Koivu 5271 Vista Club Run, Sanford, FL 32771 | Treasurer/Secretary | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 5270 VISTA CLUB RUN, SANFORD, FL 32771-7153
- In care of
- % MARK KOIVU
- Signed the 990-PF
- Mark Koivu, Director
- Phone
- (407) 330-1474
- Return prepared by
- MARK KOIVU
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
- 87-3496468
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $905,599
- Income (IRS master file)
- $41,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $41,361 | $102,258 | $905,599 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $36,228 | $109,007 | $949,894 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | 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 87-3496468).
Questions about KOIVU FOUNDATION INC
- What is the EIN of KOIVU FOUNDATION INC?
- The employer identification number (EIN) of KOIVU FOUNDATION INC is 87-3496468.
- Is KOIVU FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Which annual return does KOIVU FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KOIVU 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 KOIVU 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 KOIVU 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 KOIVU FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $41,361, expenses of $102,258 and total assets of $905,599 at year end.
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