Nonprofit · EIN 99-5031902
PARASOL US FOUNDATION
Tax-exempt · ALLEN, TX 75013
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $25,313,656 | $29,274 | $25,284,382 | $25,284,382 | $0 | $25,284,382 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $25,299,935
- Dividends
- $40,417
- Net gain from sales of assets
- -$26,696
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $15,726
- Excise tax on investment income
- $395
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $25,284,382
- Total liabilities, end of year
- $0
- Net assets, end of year
- $25,284,382
- Fair market value of assets
- $26,284,882
- Qualifying distributions
- $15,726
- Net investment income
- $40,417
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY RUSSELL DELEON 205 BENTON DR, ALLEN, TX 75013 | PRESIDENT | 1 | $0 |
| ROSE TAMAR DELEON 205 BENTON DR, ALLEN, TX 75013 | TREASURER | 1 | $0 |
| RUTH MONICKA PARASOL 205 BENTON DR, ALLEN, TX 75013 | DIRECTOR | 1 | $0 |
| NYREEN MARIE BOSSANO-LLAMAS 205 BENTON DR, ALLEN, TX 75013 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 205 BENTON DR, ALLEN, TX 75013-8581
- In care of
- % ROSE TAMAR DELEON
- Signed the 990-PF
- HENRY DELEON, PRESIDENT
- Phone
- (202) 942-5839
- Website
- WWW.PARASOLFOUNDATIONUS.ORG
- Return prepared by
- BDO USA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | Check at the IRS |
IRS record
- EIN
- 99-5031902
- 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
- 2025
- Accounting year ends
- August
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $25,284,382
- Income (IRS master file)
- $33,152,140
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $25,313,656 | $29,274 | $25,284,382 | 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 99-5031902).
Questions about PARASOL US FOUNDATION
- What is the EIN of PARASOL US FOUNDATION?
- The employer identification number (EIN) of PARASOL US FOUNDATION is 99-5031902.
- Is PARASOL US FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to PARASOL US FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARASOL US FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARASOL US FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARASOL US FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of PARASOL US FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PARASOL US FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $25,313,656, expenses of $29,274 and total assets of $25,284,382 at year end.
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All nonprofits in ALLEN · Texas · Philanthropy, voluntarism and grantmaking foundations