Nonprofit · EIN 99-1235502
MICHAEL IRVING ORNEST FAMILY FOUNDATION
Tax-exempt · BEVERLY HILLS, CA 90210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $110,401 | $208,676 | -$98,275 | $3,471,270 | $0 | $3,471,270 |
| December 31, 2024 | 990-PF | $110,525 | $170,252 | -$59,727 | $3,569,545 | $0 | $3,569,545 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $82,689
- Interest
- $146
- Net gain from sales of assets
- $27,566
Expenses
- Grants and similar amounts paid
- $175,500
- Compensation of officers, directors and key employees
- $24,000
- Disbursements for charitable purposes
- $201,016
- Excise tax on investment income
- $1,513
Balance sheet and other
- Total assets, start of year
- $3,569,545
- Total assets, end of year
- $3,471,270
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,471,270
- Fair market value of assets
- $4,296,656
- Qualifying distributions
- $201,016
- Net investment income
- $110,401
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 |
|---|---|---|---|
| MICHAEL ORNEST 3172 ABINGTON DRIVE, BEVERLY HILLS, CA 90210 | DIRECTOR | 6 | $12,000 |
| MARTHA ORNEST 3172 ABINGTON DRIVE, BEVERLY HILLS, CA 90210 | DIRECTOR | 6 | $12,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL ORNEST 3172 ABINGTON DRIVE, BEVERLY HILLS, CA 90210 | DIRECTOR | 6 | $11,000 |
| MARTHA ORNEST 3172 ABINGTON DRIVE, BEVERLY HILLS, CA 90210 | DIRECTOR | 6 | $11,000 |
Address and contacts
- Address (IRS master file)
- 3172 ABINGTON DR, BEVERLY HILLS, CA 90210-1101
- In care of
- % MICHAEL IRVING ORNEST
- Signed the 990-PF
- MICHAEL ORNEST, PRESIDENT
- Phone
- (310) 278-9958
- Return prepared by
- CASKEY MANDELL KARP & BLOCK LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 99-1235502 or by the name MICHAEL IRVING ORNEST FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 | Check at the IRS |
IRS record
- EIN
- 99-1235502
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Medical research (H90)
- Assets (IRS master file)
- $3,471,270
- Income (IRS master file)
- $644,149
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $110,401 | $208,676 | $3,471,270 | IRS |
| 990-PF | December 2024 | $110,525 | $170,252 | $3,569,545 | 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 99-1235502).
Questions about MICHAEL IRVING ORNEST FAMILY FOUNDATION
- What is the EIN of MICHAEL IRVING ORNEST FAMILY FOUNDATION?
- The employer identification number (EIN) of MICHAEL IRVING ORNEST FAMILY FOUNDATION is 99-1235502.
- Is MICHAEL IRVING ORNEST FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to MICHAEL IRVING ORNEST FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MICHAEL IRVING ORNEST FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MICHAEL IRVING ORNEST FAMILY 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 MICHAEL IRVING ORNEST FAMILY FOUNDATION 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 MICHAEL IRVING ORNEST FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $12,000 (MICHAEL ORNEST, DIRECTOR).
- How much revenue does MICHAEL IRVING ORNEST FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $110,401, expenses of $208,676 and total assets of $3,471,270 at year end.
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