Nonprofit · EIN 92-2791899
TELESCOPE FOUNDATION
Tax-exempt · WASHINGTON, DC 20009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,012,397 | $2,019,904 | $6,992,493 | $9,016,273 | $505,222 | $8,511,051 |
| December 31, 2023 | 990 | $2,526,721 | $1,042,085 | $1,484,636 | $1,634,164 | $147,363 | $1,486,801 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,847,725
- Program service revenue
- $44,669
- Investment income
- $100,817
- Other revenue
- $19,186
Expenses
- Grants and similar amounts paid
- $250,000
- Compensation of officers, directors and key employees
- $916,468
- Salaries, compensation and benefits (total)
- $966,114
- Professional fundraising fees
- $8,600
- Legal fees
- $178,335
- Accounting fees
- $36,047
- Occupancy
- $129,629
- Travel
- $76,010
- Depreciation
- $19,253
- Program services (functional)
- $1,258,877
- Management and general (functional)
- $679,595
- Fundraising (functional)
- $81,432
Balance sheet and other
- Total assets, start of year
- $1,634,164
- Total assets, end of year
- $9,016,273
- Total liabilities, end of year
- $505,222
- Net assets, end of year
- $8,511,051
- Land, buildings and equipment
- $96,045
- Net assets without donor restrictions
- $8,511,051
- Gross receipts
- $9,012,397
- Employees
- 3
- Volunteers
- 2
- Year formed
- 2023
- State of legal domicile
- DE
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANA SKURKA | MANAGING DIRECTOR Key employee | 40 | $300,000 | $7,197 |
| JACOB ZIONCE | PRESIDENT & COO Trustee or director, Officer | 40 | $300,000 | $6,285 |
| CHRISTINA LISI | CHIEF COMMUNICATIONS OFFICER Key employee | 40 | $300,000 | $2,986 |
| ERIC BRAVERMAN | CHAIR & TREASURER Trustee or director, Officer | 40 | $0 | $0 |
| MICHAEL LUSTBADER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JACOB ZIONCE | PRESIDENT & COO (FROM 3/2023) Trustee or director, Officer | 40 | $75,000 | $475 |
| ERIC BRAVERMAN | CHAIR & TREASURER (FROM 3/2023) Trustee or director, Officer | 40 | $0 | $0 |
| MICHAEL LUSTBADER | BOARD MEMBER (FROM 11/2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1700 CONNECTICUT AVE NW STE 300, WASHINGTON, DC 20009-1134
- In care of
- % ERIC BRAVERMAN
- Principal officer (990 for 2024)
- JACOB ZIONCE, 1700 CONNECTICUT AVE 300, WASHINGTON, DC 20009
- Signed the 990
- JACOB ZIONCE, PRESIDENT & COO
- Phone
- (202) 670-0060
- Website
- WWW.TELESCOPEGP.COM
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
TELESCOPE FOUNDATION'S MISSION IS TO IMPROVE SCIENCE AND SOCIETY THROUGH INNOVATION AND COLLECTIVE ACTION.
Program accomplishments
- TELESCOPE TRUSTED TALENT INITIATIVE - AIMS TO BUILD PIPELINES OF TALENT, AT SCALE, THAT CAN SERVE AS TRUSTED PARTNERS TO BUSINESS, GOVERNMENT, AND CIVIL SOCIETY IN ENSURING THAT THE NEXT WAVE OF INVENTION IN SCIENCE AND TECHNOLOGY MAKES SOCIETY MORE SECURE AND PROSPEROUS.Expenses $503,551 · grants $100,000
- TELESCOPE TECHNOLOGY OFFSET PROGRAM - AIMS TO CREATE A MARKET FOR FINANCIAL INSTRUMENTS TO MITIGATE THE RISKS ASSOCIATED WITH DEEP TECH INNOVATIONS.Expenses $503,551 · grants $100,000
- TELESCOPE LEADERSHIP SERVICES - AIMS TO SCALE THE WORK OF PARTNERS WHO SHARE OUR GOALS OF MAKING SOCIETY MORE SAFE, SECURE, AND PROSPEROUS BY AIDING IN STRATEGY DEVELOPMENT AND PROGRAM DESIGN AND DEVELOPMENT.Expenses $251,775 · grants $50,000 · revenue $44,669
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-2791899
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $9,016,273
- Income (IRS master file)
- $9,012,397
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,012,397 | $2,019,904 | $9,016,273 | XML |
| 990 | December 2023 | $2,526,721 | $1,042,085 | $1,634,164 | 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 92-2791899).
Questions about TELESCOPE FOUNDATION
- What is the EIN of TELESCOPE FOUNDATION?
- The employer identification number (EIN) of TELESCOPE FOUNDATION is 92-2791899.
- Is TELESCOPE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to TELESCOPE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TELESCOPE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TELESCOPE FOUNDATION 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 TELESCOPE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TELESCOPE FOUNDATION?
- The 990 for the year ended December 31, 2024 names JACOB ZIONCE.
- Who are the officers and directors of TELESCOPE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $300,000 (DIANA SKURKA, MANAGING DIRECTOR).
- How much revenue does TELESCOPE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,012,397, expenses of $2,019,904 and total assets of $9,016,273 at year end.
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