Wasserman Family Foundation Inc

Floral Park, NY
Tax-exempt since Aug. 2002
EIN: 01-0621340

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Corporate Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$22.6k (2024)

Expenses

$41k (2024)

Total Assets

$226k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Jan.
2024

Revenue

$22,614

Expenses

$41,003

Net Income

-$18,389

Net Assets

$226,048

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$6,837	30.2%
Sales of Assets	$15,770	69.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,500	67.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$226,048
Total Liabilities	$0
Net Assets	$226,048

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
Lisa Brook (Treasurer)	$0	$0

990-PF

Filed on June 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2023

Revenue

$7,129

Expenses

$39,982

Net Income

-$32,853

Net Assets

$244,437

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,294	> 100%
Sales of Assets	-$165
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,750	61.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$244,437
Total Liabilities	$0
Net Assets	$244,437

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
Lisa Brook (Treasurer)	$0	$0

990-PF

Filed on June 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Jan.
2022

Revenue

$17,649

Expenses

$51,756

Net Income

-$34,107

Net Assets

$277,290

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$386	2.2%
Dividends	$7,724	43.8%
Sales of Assets	$9,539	54.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,624	66.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$277,290
Total Liabilities	$0
Net Assets	$277,290

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Treasurer)	$0	$0

990-PF

Filed on June 13, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Jan.
2021

Revenue

$20,006

Expenses

$39,793

Net Income

-$19,787

Net Assets

$312,392

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,636	38.2%
Sales of Assets	$12,370	61.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	62.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$312,393
Total Liabilities	$1
Net Assets	$312,392

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Treasurer)	$0	$0

990-PF

Filed on May 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Jan.
2020

Revenue

$11,170

Expenses

$29,744

Net Income

-$18,574

Net Assets

$332,179

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,165	82.1%
Sales of Assets	$2,005	17.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,000	53.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$332,180
Total Liabilities	$1
Net Assets	$332,179

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Treasurer)	$0	$0

990-PF

Filed on Dec. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Jan.
2019

Revenue

$12,887

Expenses

$37,666

Net Income

-$24,779

Net Assets

$350,754

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,938	69.4%
Sales of Assets	$3,949	30.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,500	62.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$350,754
Total Liabilities	$0
Net Assets	$350,754

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Secretary)	$0	$0

990-PF

Filed on June 17, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2018

Revenue

$10,161

Expenses

$33,875

Net Income

-$23,714

Net Assets

$375,533

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,637	85.0%
Sales of Assets	$1,524	15.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,450	60.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$375,533
Total Liabilities	$0
Net Assets	$375,533

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Secretary)	$0	$0

990-PF

Filed on June 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Jan.
2017

Revenue

$3,429

Expenses

$35,655

Net Income

-$32,226

Net Assets

$399,247

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,211	> 100%
Sales of Assets	-$4,782
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,393	62.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$399,247
Total Liabilities	$0
Net Assets	$399,247

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
David Dembitzer (Secretary)	$0	$0

990-PF

Filed on June 13, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2016

Revenue

$15,113

Expenses

$81,894

Net Income

-$66,781

Net Assets

$431,473

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,403	42.4%
Interest Revenue	$0
Dividends	$9,620	63.7%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$66,180	80.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$431,473
Total Liabilities	$0
Net Assets	$431,473

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2015

Revenue

$56,511

Expenses

$27,137

Net Income

$29,374

Net Assets

$498,254

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$14,748	26.1%
Sales of Assets	$41,731	73.8%
Other Income	$30	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,270	56.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$498,254
Total Liabilities	$0
Net Assets	$498,254

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
Pearl Wasserman (Treasurer)	$0	$0
David Dembitzer (Secretary)	$0	$0

990-PF

Filed on Dec. 10, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2014

Revenue

$21,739

Expenses

$27,553

Net Income

-$5,814

Net Assets

$468,880

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$45	0.2%
Dividends	$12,996	59.8%
Sales of Assets	$8,639	39.7%
Other Income	$59	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,600	63.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$468,880
Total Liabilities	$0
Net Assets	$468,880

Compensation

Key Employees and Officers	Compensation	Other
Jacob Wasserman (President)	$0	$0
Pearl Wasserman (Treasurer)	$0	$0
David Dembitzer (Secretary)	$0	$0

990-PF

Filed on Sept. 8, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2013

Revenue

$19,426

Expenses

$27,365

Net Income

-$7,939

Net Assets

$474,693

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,000	> 100%
Interest Revenue	$11	0.1%
Dividends	$10,351	53.3%
Sales of Assets	$0
Other Income	$49	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,560	56.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$474,694
Total Liabilities	$1
Net Assets	$474,693

990-PF

Filed on Sept. 25, 2013

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Jan.
2012

Revenue

$156,811

Expenses

$14,386

Net Income

$142,425

Net Assets

$482,632

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$150,000	95.7%
Interest Revenue	$67	0.0%
Dividends	$6,744	4.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,157	98.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$482,633
Total Liabilities	$1
Net Assets	$482,632

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Jan.
2011

Revenue

$7,742

Expenses

$29,151

Net Income

-$21,409

Net Assets

$340,208

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$120	1.5%
Dividends	$6,586	85.1%
Sales of Assets	$0
Other Income	$1,036	13.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,696	81.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$340,208
Total Liabilities	$0
Net Assets	$340,208

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Jan.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Wasserman Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $22.6k (2024)

Expenses $41k (2024)

Total Assets $226k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Jan. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Jan. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Jan. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Jan. 2012

Revenue

$22.6k (2024)

Expenses

$41k (2024)

Total Assets

$226k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Jan.
2024

Fiscal Year Ending Jan.
2023

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2022

Fiscal Year Ending Jan.
2021

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2020

Fiscal Year Ending Jan.
2019

Fiscal Year Ending Jan.
2018

Fiscal Year Ending Jan.
2017

Fiscal Year Ending Jan.
2016

Fiscal Year Ending Jan.
2015

Fiscal Year Ending Jan.
2014

Fiscal Year Ending Jan.
2013

Fiscal Year Ending Jan.
2012

Fiscal Year Ending Jan.
2011

Fiscal Year Ending Jan.
2010

Fiscal Year Ending Jan.
2009

Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
2007

Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
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Fiscal Year Ending Jan.
2003