Nonprofit · EIN 88-3376597
ALKU FOUNDATION INC
Tax-exempt · ANDOVER, MA 01810
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,706,607 | $892,609 | $2,813,998 | $10,438,644 | $0 | $10,438,644 |
| December 31, 2023 | 990-PF | $5,771,026 | $847,741 | $4,923,285 | $7,623,420 | $0 | $7,623,420 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $496,926
- Dividends
- $346,531
- Net gain from sales of assets
- $2,863,150
Expenses
- Grants and similar amounts paid
- $864,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $868,580
- Excise tax on investment income
- $44,281
Balance sheet and other
- Total assets, start of year
- $7,623,420
- Total assets, end of year
- $10,438,644
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,438,644
- Fair market value of assets
- $12,375,315
- Qualifying distributions
- $868,580
- Net investment income
- $3,209,681
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 |
|---|---|---|---|
| KATHLEEN ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | PRESIDENT/TREASURER | 2 | $0 |
| JOHN ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 1 | $0 |
| MADELINE ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 1 | $0 |
| MARK ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 1 | $0 |
| VANESSA PLANT 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | EXECUTIVE DIRECTOR, SEE STMT ATTACHED | 40 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA PLANT 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | EXECUTIVE DIRECTOR | 40 | $186,805 | $27,900 |
| KATHLEEN ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | PRESIDENT/TREASURER | 2 | $0 | $0 |
| JOHN ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 1 | $0 | $0 |
| MADELINE ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 1 | $0 | $0 |
| MARK ELDRIDGE 100 BRICKSTONE SQUARE SUITE 400, ANDOVER, MA 01810 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 BRICKSTONE SQUARE 400, ANDOVER, MA 01810-1438
- In care of
- % KATHLEEN ELDRIDGE
- Signed the 990-PF
- VANESSA PLANT, EXEC. DIRECTOR
- Phone
- (978) 296-6901
- Website
- WWW.THEALKUFOUNDATION.ORG
- Return prepared by
- RSM US LLP
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
- 88-3376597
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $10,438,644
- Income (IRS master file)
- $9,074,374
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,706,607 | $892,609 | $10,438,644 | XML |
| 990-PF | December 2023 | $5,771,026 | $847,741 | $7,623,420 | XML |
| 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 88-3376597).
Questions about ALKU FOUNDATION INC
- What is the EIN of ALKU FOUNDATION INC?
- The employer identification number (EIN) of ALKU FOUNDATION INC is 88-3376597.
- Is ALKU FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to ALKU FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ALKU FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ALKU 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 ALKU 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 ALKU FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ALKU FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,706,607, expenses of $892,609 and total assets of $10,438,644 at year end.
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