YASHAR FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
YASHAR FOUNDATION INC (EIN 26-0770603)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-06-18
IRS object ID
202601699349100605
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-18T11:07:41-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113090078PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ZELL & ETTINGER CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 AVENUE MAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112104744ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260770603EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YASHAR FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYASHBusinessNameControlTxt
Phone2125643454PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL KAPLANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2125643454PhoneNum
Signature2026-06-08SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID SCHLOSSPreparerPersonNm
PTINP01053382PTIN
Phone7186921212PhoneNum
Preparation2026-06-18PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,189,032FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$719,428ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,932InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,932InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$721,360TotalRevAndExpnssAmt
Total Net Invst Incm$1,932TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$100LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$100LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$64TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$64TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$5,266DeprecAndDpltnRevAndExpnssAmt
Occupancy Rev And Expnss$11,435OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl$9,675OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$38,718TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$1,141TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$2,751OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$2,751OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$58,334TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,731TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$660,481ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$660,481ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$718,815TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$674,212TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,545ExcessRevenueOverExpensesAmt
Net Investment Income$1,932NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$8,255CashBOYAmt
Cash EOY$15,235CashEOYAmt
Cash EOYFMV$15,234CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,190SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,021SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,021SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$46,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$46,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$46,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$46,000OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY$204,000OtherInvestmentsBOYAmt
Other Investments EOY$204,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$204,000OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$109,235LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$106,277LandBldgEquipAccumDeprecAmt
Land BOY$8,224LandBOYAmt
Land EOY$2,958LandEOYAmt
Other Assets BOY$920,777OtherAssetsBOYAmt
Other Assets EOY$920,777OtherAssetsEOYAmt
Other Assets EOYFMV$920,777OtherAssetsEOYFMVAmt
Total Assets BOY$1,189,446TotalAssetsBOYAmt
Total Assets EOY$1,191,991TotalAssetsEOYAmt
Total Assets EOYFMV$1,189,032TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,189,446NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,191,991NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,189,446TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,191,991TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,189,446TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,191,991TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,189,446TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,545ExcessRevenueOverExpensesAmt
Subtotal$1,191,991SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,191,991TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$27InvestmentIncomeExciseTaxAmt
Subtotal$27SubtotalAmt
Tax Based On Investment Income$27TaxBasedOnInvestmentIncomeAmt
Tax Due$27TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMICHAEL KAPLANIndividualWithBooksNm
Phone2125643454PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11210ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL KAPLAN
3266 BEDFORD AVENUEBROOKLYNNY11210EXECUTIVE DI000.00$0$0$0
GIZELLE KAPLAN
3266 BEDFORD AVENUEBROOKLYNNY11210DIRECTOR000.00$0$0$0
YITZCAK KAPLAN
3266 BEDFORD AVENUEBROOKLYNNY11210DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$14,350AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$14,350TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$14,350AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$215CashDeemedCharitableAmt
Net Vl Noncharitable Assets$14,135NetVlNoncharitableAssetsAmt
Minimum Investment Return$707MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$707MinimumInvestmentReturnAmt
Tax Based On Investment Income$27TaxBasedOnInvestmentIncomeAmt
Total Tax$27TotalTaxAmt
Distributable Before Adj$680DistributableBeforeAdjAmt
Distributable Before Ded$680DistributableBeforeDedAmt
Distributable As Adjusted$680DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$674,212ExpensesAndContributionsAmt
Qualifying Distributions$674,212QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$680DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$659,556ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,130,260ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$866,985ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$755,905ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$543,749ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,956,455TotalExcessDistributionCyovAmt
Qualifying Distributions$674,212QualifyingDistributionsAmt
Applied To Current Year$680AppliedToCurrentYearAmt
Remaining Distri From Corpus$673,532RemainingDistriFromCorpusAmt
Total Corpus$4,629,987TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$659,556ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,970,431ExcessDistriCyovToNextYrAmt
Excess From Year4$1,130,260ExcessFromYear4Amt
Excess From Year3$866,985ExcessFromYear3Amt
Excess From Year2$755,905ExcessFromYear2Amt
Excess From Year1$543,749ExcessFromYear1Amt
Excess From Current Year$673,532ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL KAPLANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11210ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2125643454RecipientPhoneNum
Form And Info And MaterialsNO PRESCRIBED FORM OF APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13266 BEDFORD AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11210ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeTO FURTHER ITS 501C3 STATUSGrantOrContributionPurposeTxt
Amt$660,481Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$660,481TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,932RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,932RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,932TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
K7 FAMILY TRUST
13266 BEDFORD AVENUEBROOKLYNNY11210$621,528Yes (X)
CARL KAPLAN
25454 BRANTFORD AVENUEMEMPHISTN38112$97,900Yes (X)

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
AUTO2017-05-03$32,474$28,685200DB5.0000$1,875
BOAT2017-07-01$21,250$19,509200DB10.0000$697
AUTO2020-07-01$55,511$52,817200DB5.0000$2,694

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN SPYROLOGICFMV$4,000$4,000
D.C.S. LTDAT COST$200,000$200,000
MECABTZIEL CAPITALAT COST

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Cost Or Other Basis$109,235CostOrOtherBasisAmt
Accumulated Depreciation$106,277AccumulatedDepreciationAmt
Book Value$2,958BookValueAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryFEESCategoryTxt
Legal Fees$100LegalFeesAmt
Disbursements Charitable Prps$100DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescLOANSDesc
BOY Book Value$920,777BOYBookValueAmt
EOY Book Value$920,777EOYBookValueAmt
EOYFMV$920,777EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK CHARGES$60$60
OFFICE EXPENSE$2,274$2,274
INSURANCE$417$417

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1LOAN RECEIVABLEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$46,000BalanceDueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRSCategoryTxt
Amt$64Amt
Disbursements Charitable Prps$64DisbursementsCharitablePrpsAmt

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