STATON FOUNDATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: STATON FOUNDATION INC (EIN 86-1434547)
Tax period: 2023-02-01 to 2024-01-31
Filed: 2025-02-12
IRS object ID: 202540439349200919
Schema version: 2023v6.0
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-EZ
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-02-12T16:41:03-05:00	ReturnTs
Tax Period End	2024-01-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	591460004	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SHARFF WITTMER KURTZ JACKSON & DIAZ PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4621 PONCE DE LEON BLVD	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33146	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990EZ	ReturnTypeCd
Tax Period Begin	2023-02-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	861434547	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	STAT	BusinessNameControlTxt
Phone	3056002454	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14951 SW 59TH ST	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33193	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NICOLAS STATON	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	3056002454	PhoneNum
Signature	2024-12-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH JACKSON CPA	PreparerPersonNm
PTIN	P00646801	PTIN
Phone	3056667229	PhoneNum
Preparation	2025-02-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-EZ IRS990EZ

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Website Address	HTTPS://STATONFOUNDATION.ORG	WebsiteAddressTxt
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Gross Receipts	$150,000	GrossReceiptsAmt
Contributions Gifts Grants Etc	$150,000	ContributionsGiftsGrantsEtcAmt
Total Revenue	$150,000	TotalRevenueAmt
Grants And Similar Amounts Paid	$2,500	GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft	$59,587	SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct	$2,588	FeesAndOtherPymtToIndCntrctAmt
Total Expenses	$64,675	TotalExpensesAmt
Excess Or Deficit For Year	$85,325	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$2,736	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$88,061	NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$2,736	BOYAmt
EOY	$88,061	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,736	BOYAmt
EOY	$88,061	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$2,736	BOYAmt
EOY	$88,061	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Primary Exempt Purpose	TO EXPAND THE AVAILABILITY OF PROVIDING EARLY CHILD EDUCATION IN COSTA RICA.	PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

Field	Value	IRS element (for citing)
Description Program Srvc Accom	PROGRAM OF EARLY CHILDHOOD EDUCATION BASED IN COSTA RICA.	DescriptionProgramSrvcAccomTxt
Grants And Allocations	$2,500	GrantsAndAllocationsAmt
Foreign Grants	Yes (X)	ForeignGrantsInd
Program Service Expenses	$2,500	ProgramServiceExpensesAmt

Field	Value	IRS element (for citing)
Total Program Service Expenses	$2,500	TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp

Field	Value	IRS element (for citing)
Person	NICOLAS STATON	PersonNm
Title	DIRECTOR	TitleTxt
Average Hrs Per Wk Devoted To Pos	20.00	AverageHrsPerWkDevotedToPosRt
Compensation	$59,587	CompensationAmt

Field	Value	IRS element (for citing)
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt	false	ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI	false	OrganizationHadUBIInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Form1120 Pol Filed	false	Form1120PolFiledInd
Made Loans To From Officers	false	MadeLoansToFromOfficersInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	NICOLAS STATON	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14951 SW 59TH ST	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33193	ZIPCd

Field	Value	IRS element (for citing)
Phone	3056002454	PhoneNum

Field	Value	IRS element (for citing)
Foreign Financial Account	false	ForeignFinancialAccountInd
Foreign Office	false	ForeignOfficeInd
Donor Advised Fnds	false	DonorAdvisedFndsInd
Operate Hospital	false	OperateHospitalInd
Tanning Services Provided	false	TanningServicesProvidedInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
School Operating	false	SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd Empl	NONE	PartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof Srvc	NONE	PartVIHghstPdCntrctProfSrvcTxt
Filed Schedule A	Yes (true)	FiledScheduleAInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$120,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$150,000	CurrentTaxYearAmt
Total	$270,000	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$120,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$150,000	CurrentTaxYearAmt
Total	$270,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$270,000	PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$120,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$150,000	CurrentTaxYearAmt
Total	$270,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	1.00000	PublicSupportCY509Pct
Public Support PY509	1.00000	PublicSupportPY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct
Investment Income PY	0.00000	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990-EZ, PART III	FormAndLineReferenceDesc
Explanation	TO EXPAND THE AVAILABILITY OF PROVIDING EARLY CHILD EDUCATION IN COSTA RICA.	ExplanationTxt

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