NITA FOUNDATION CORP: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: NITA FOUNDATION CORP (EIN 93-3549002)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-07-23
IRS object ID: 202612049349100626
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
Form 990-PF
Investments Corp Stock Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-07-23T20:36:12-04:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	472727509	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MFF & ASSOCIATES LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	142 NW 37TH ST	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	331273111	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	933549002	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NITA FOUNDATION CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NITA	BusinessNameControlTxt
Phone	7868420071	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3350 VIRGINIA STREET FL 2ND	AddressLine1Txt
City	COCONUT GROVE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33133	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	IVAN ALVAREZ	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7868420071	PhoneNum
Signature	2026-06-15	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARIA F FERSACA MST MBA	PreparerPersonNm
PTIN	P01287196	PTIN
Phone	7868420071	PhoneNum
Preparation	2026-07-23	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Application Pending	Yes (X)	ApplicationPendingInd
Organization501c3 Taxable PF	Yes (X)	Organization501c3TaxablePFInd
FMV Assets EOY	$1,314,825	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$30,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$30,000	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$30,002	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$30,002	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$30,002	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$30,002	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$2	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$4,825	CashBOYAmt
Cash EOY	$4,823	CashEOYAmt
Cash EOYFMV	$4,825	CashEOYFMVAmt
Corporate Stock BOY	$1,310,000	CorporateStockBOYAmt
Corporate Stock EOY	$1,310,000	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,310,000	CorporateStockEOYFMVAmt
Total Assets BOY	$1,314,825	TotalAssetsBOYAmt
Total Assets EOY	$1,314,823	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,314,825	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$1,314,825	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$1,314,823	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,314,825	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,314,823	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,314,825	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,314,823	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,314,825	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$2	ExcessRevenueOverExpensesAmt
Subtotal	$1,314,823	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$1,314,823	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	NONE	WebsiteAddressTxt
Individual With Books	IVAN ALVAREZ	IndividualWithBooksNm
Phone	7868420071	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	799 CRANDON BLVD UNIT 904	AddressLine1Txt
City	KEY BISCAYNE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33149	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
IVAN ALVAREZ
799 CRANDON BLVD UNIT 904	KEY BISCAYNE	FL	33149	PRESIDENT	000.00	$0	$0	$0
PAOLA GARRIDO
799 CRANDON BLVD APT 908	KEY BISCAYNE	FL	33149	VICE PRESIDE	000.00	$0	$0	$0
RAUL ORLANDO MEDELLIN
610 GONDOLIERE AVE	CORAL GABLES	FL	33143	SECRETARY	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONPROFIT FOUNDATION FOR HELPING PEOPLE WITH DISABILITIES AND DISEASE, TO IMPROVE QUALITY OF LIFE OF SICK PEOPLE.	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$5,000	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,300,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,305,000	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$1,305,000	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$19,575	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,285,425	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$64,271	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$64,271	MinimumInvestmentReturnAmt
Distributable Before Adj	$64,271	DistributableBeforeAdjAmt
Distributable Before Ded	$64,271	DistributableBeforeDedAmt
Distributable As Adjusted	$64,271	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$30,002	ExpensesAndContributionsAmt
Qualifying Distributions	$30,002	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Qualifying Distributions	$30,002	QualifyingDistributionsAmt
Remaining Distri From Corpus	$30,002	RemainingDistriFromCorpusAmt
Total Corpus	$30,002	TotalCorpusAmt
Excess Distri Cyov To Next Yr	$30,002	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$30,002	ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	2023-09-20	PrivateOperatingFndtnRulingDt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	IVAN ALVAREZ	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	3350 VORGINIA STREET 2ND FLOOR	AddressLine1Txt
City	COCONUT GROVE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33133	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7868420071	RecipientPhoneNum
Recipient Email Address	MFFASSOCIATES@GMAIL.COM	RecipientEmailAddressTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
NU3 FOUNDATION INC
19195 MYSTIC POINTE DR PH	AVENTURA	FL	33138	POF	CHARITY	$30,000
ADAPT FOUNDATION NORTH
14901 NE 20TH AVE	NORTH MIAMI	FL	33181	POF	CHARITY	$1
MLK ECONOMIC DEVELOPMENT CORP
6114 NW 7TH AVE	MIAMI	FL	33127	POF	CHARITY	$1

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$30,002	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CULTO INVESTMENTS	$350,000	$350,000
LUXE CONSTRUCCIONES SAS	$960,000	$960,000

Comments