Nonprofit · EIN 92-0429438
FORSZT BROTHERS CHARITABLE FOUNDATION INC
Tax-exempt · VALPARAISO, IN 46385
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $509,794 | $205,692 | $304,102 | $3,227,526 | $0 | $3,227,526 |
| December 31, 2024 | 990-PF | $1,163,284 | $146,360 | $1,016,924 | $2,923,424 | $0 | $2,923,424 |
| December 31, 2023 | 990-PF | $1,052,818 | $127,162 | $925,656 | $1,921,964 | $0 | $1,921,964 |
| December 31, 2022 | 990-PF | $1,002,777 | $6,469 | $996,308 | $996,308 | $0 | $996,308 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $206,360
- Dividends
- $118,629
- Interest
- $2,550
- Net gain from sales of assets
- $182,255
Expenses
- Grants and similar amounts paid
- $150,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $150,000
- Excise tax on investment income
- $3,977
Balance sheet and other
- Total assets, start of year
- $2,923,424
- Total assets, end of year
- $3,227,526
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,227,526
- Fair market value of assets
- $3,560,954
- Qualifying distributions
- $150,000
- Net investment income
- $303,434
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 |
|---|---|---|---|
| MARK FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | PRESIDENT & DIRECTOR | 5 | $0 |
| MICHAEL FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | VICE PRESIDENT & DIRECTOR | 1 | $0 |
| SHANNON LEE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | TREASURER & DIRECTOR | 1 | $0 |
| J BRIAN HITTINGER 8001 BROADWAY SUITE 400, MERRILLVILLE, IN 46410 | SECRETARY/CHAIRMAN & DIRECTOR | 1 | $0 |
| CLAUDIA MCLAUGHLIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| CHARLES MOORE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| RENE MARTIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| JOHN STEFFEN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | PRESIDENT & DIRECTOR | 5 | $0 |
| MICHAEL FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | VICE PRESIDENT & DIRECTOR | 1 | $0 |
| SHANNON LEE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | TREASURER & DIRECTOR | 1 | $0 |
| J BRIAN HITTINGER 8001 BROADWAY SUITE 400, MERRILLVILLE, IN 46410 | SECRETARY/CHAIRMAN & DIRECTOR | 1 | $0 |
| CLAUDIA MCLAUGHLIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| CHARLES MOORE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| RENE MARTIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| JOHN STEFFEN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | PRESIDENT & DIRECTOR | 5 | $0 |
| MICHAEL FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | VICE PRESIDENT & DIRECTOR | 1 | $0 |
| SHANNON LEE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | TREASURER & DIRECTOR | 1 | $0 |
| J BRIAN HITTINGER 8001 BROADWAY SUITE 400, MERRILLVILLE, IN 46410 | SECRETARY/CHAIRMAN & DIRECTOR | 1 | $0 |
| CLAUDIA MCLAUGHLIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| CHARLES MOORE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| ALICIA SOUKUP 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| JOHN STEFFEN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | PRESIDENT & DIRECTOR | 5 | $0 |
| MICHAEL FORSZT 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | VICE PRESIDENT & DIRECTOR | 1 | $0 |
| SHANNON LEE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | TREASURER & DIRECTOR | 1 | $0 |
| J BRIAN HITTINGER 8001 BROADWAY SUITE 400, MERRILLVILLE, IN 46410 | SECRETARY/CHAIRMAN & DIRECTOR | 1 | $0 |
| CLAUDIA MCLAUGHLIN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| CHARLES MOORE 1461 W MORTHLAND DRIVE SUITE D, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| ALICIA SOUKUP 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
| JOHN STEFFEN 1151 MORTHLAND DRIVE, VALPARAISO, IN 46385 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1151 MORTHLAND DR, VALPARAISO, IN 46385-6251
- In care of
- % MARK FORSZT
- Signed the 990-PF
- MARK FORSZT, PRESIDENT
- Phone
- (219) 464-3736
- Return prepared by
- SWARTZ RETSON & CO PC
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
- 92-0429438
- 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)
- $3,227,526
- Income (IRS master file)
- $1,019,337
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $509,794 | $205,692 | $3,227,526 | IRS |
| 990-PF | December 2024 | $1,163,284 | $146,360 | $2,923,424 | XML |
| 990-PF | December 2023 | $1,052,818 | $127,162 | $1,921,964 | XML |
| 990-PF | December 2022 | $1,002,777 | $6,469 | $996,308 | XML |
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 92-0429438).
Questions about FORSZT BROTHERS CHARITABLE FOUNDATION INC
- What is the EIN of FORSZT BROTHERS CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of FORSZT BROTHERS CHARITABLE FOUNDATION INC is 92-0429438.
- Is FORSZT BROTHERS CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to FORSZT BROTHERS CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FORSZT BROTHERS CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FORSZT BROTHERS CHARITABLE FOUNDATION INC 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 FORSZT BROTHERS CHARITABLE FOUNDATION INC 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 FORSZT BROTHERS CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does FORSZT BROTHERS CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $509,794, expenses of $205,692 and total assets of $3,227,526 at year end.
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