Nonprofit · EIN 93-2617205
KASMAR FOUNDATION
Tax-exempt · ELLINGTON, CT 06029
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | -$8,232 | $96 | -$8,328 | $15,695 | $0 | $15,695 |
| December 31, 2024 | 990 | $332,018 | $315,027 | $16,991 | $16,991 | $0 | $16,991 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- -$8,232
- Other revenue
- -$8,232
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $96
Balance sheet and other
- Total assets, start of year
- $24,022
- Total assets, end of year
- $15,695
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,695
- Net assets without donor restrictions
- $15,695
- Gross receipts
- $187,564
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2025
- State of legal domicile
- CT
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Kirt Kasmar | Executive Director Officer | 40 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Kasmar | CFO Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 4 KATHERINE WAY, ELLINGTON, CT 06029-5842
- In care of
- % MICHAEL K KASMAR
- Mailing address (990-N for 2024)
- 4 Katherine Way, Ellington CT 06029
- Principal officer (990 for 2025)
- Michael K Kasmar, 4 Katherine Way, Ellington, CT 06029
- Principal officer (990-N for 2024)
- Michael K Kasmar, 4 Katherine Way, Ellington CT 06029
- Signed the 990
- Michael Kirt Kasmar, Executive Director
- Phone
- (860) 306-9158
Mission
The Kasmar Foundation is organized exclusively for charitable purposes to support individuals recovering from addiction through financial assistance community support outreach programs recovery resources and other services designed to promote long-term recovery and stability. To achieve this purpose the foundation acquires preserves and auctions authenticated music memorabilia utilizing one hundred percent of net auction proceeds to directly fund these recovery initiatives and community support services.
Program accomplishments
- Online sales of memorabilia to raise funds for the charity cause0
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 93-2617205
- 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)
- Health care (E21)
- Assets (IRS master file)
- $15,695
- Income (IRS master file)
- $187,564
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | -$8,232 | $96 | $15,695 | IRS |
| 990-N for 2024 Officer: Michael K Kasmar | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $332,018 | $315,027 | $16,991 | XML |
| 990-N for 2023 Officer: Michael K Kasmar | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Michael K Kasmar | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 93-2617205).
Questions about KASMAR FOUNDATION
- What is the EIN of KASMAR FOUNDATION?
- The employer identification number (EIN) of KASMAR FOUNDATION is 93-2617205.
- Is KASMAR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to KASMAR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KASMAR 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 KASMAR FOUNDATION 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 KASMAR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KASMAR FOUNDATION?
- The 990 for the year ended December 31, 2025 names Michael K Kasmar.
- Who are the officers and directors of KASMAR FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does KASMAR FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of -$8,232, expenses of $96 and total assets of $15,695 at year end.
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