Nonprofit · EIN 92-3463556
FOUNDAITION INC
Tax-exempt · WESTBOROUGH, MA 01581
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $1,148 | $1,148 | $0 | $0 | $215 | -$215 |
| December 31, 2024 | 990-EZ | $5,043 | $5,043 | $0 | $0 | $215 | -$215 |
| December 31, 2023 | 990-EZ | $9,767 | $9,982 | -$215 | $0 | $215 | -$215 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,148
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $270
- Other expenses
- $878
- Program services (functional)
- $950
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $215
- Net assets, end of year
- -$215
- Gross receipts
- $1,148
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX FEDOSOV | DIRECTOR | 10 | $0 |
| Artem Abramian | DIRECTOR | 1 | $0 |
| Alexander Rumyantsev | DIRECTOR | 1 | $0 |
| Sergei Ivanov | DIRECTOR | 20 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX FEDOSOV | DIRECTOR | 35 | $0 |
| Artem Abramian | DIRECTOR | 3 | $0 |
| Alexander Rumyantsev | DIRECTOR | 2 | $0 |
| Sergei Ivanov | DIRECTOR | 40 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX FEDOSOV | DIRECTOR | 40 | $0 |
| Artem Abramian | DIRECTOR | 2 | $0 |
| Alexander Rumyantsev | DIRECTOR | 1 | $0 |
| Sergei Ivanov | DIRECTOR | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 1900 WEST PARK DRIVE STE 280B, WESTBOROUGH, MA 01581-3942
- In care of
- % ALEX FEDOSOV
- Signed the 990-EZ
- Alex Fedosov, President
Mission
Research and education in artificial intelligence including development of open tools platforms and educational resources to advance public understanding and responsible use of AI.
Program accomplishments
- Conducted research in artificial intelligence and developed publicly accessible web and Slack-based tools to advance education and promote practical understanding of AI among industry professionals and the broader public.Expenses $950
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-3463556
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Science and technology (U41)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $1,148
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $1,148 | $1,148 | $0 | XML |
| 990-EZ | December 2024 | $5,043 | $5,043 | $0 | XML |
| 990-EZ | December 2023 | $9,767 | $9,982 | $0 | 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 92-3463556).
Questions about FOUNDAITION INC
- What is the EIN of FOUNDAITION INC?
- The employer identification number (EIN) of FOUNDAITION INC is 92-3463556.
- Is FOUNDAITION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to FOUNDAITION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDAITION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FOUNDAITION 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 FOUNDAITION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FOUNDAITION INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does FOUNDAITION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $1,148, expenses of $1,148 and total assets of $0 at year end.
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All nonprofits in WESTBOROUGH · Massachusetts · Science and technology