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Medici Foundation

Organization summary

Type of Nonprofit

Designated as a 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 N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$139k (2023)

Expenses
$536k (2023)

Total Assets
$1.62M (2023)

Total Liabilities
−$4k (2023)

Source: Form 990 tax filings from 2010 to 2023

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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$139,368
Expenses
$535,566
Net Income
-$396,198
Net Assets
$1,625,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,115
65.4%
Program Services $0
Investment Income $48,253
34.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,621,472
Total Liabilities -$4,000
Net Assets $1,625,472
Compensation
Key Employees and Officers Compensation Related Other
Kenneth Tokita Md (Director, Ceo) $0 $0 $0
Chuck Fosdick (Director, Cfo) $0 $0 $0
Karl Tokita (Director, Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$136,326
Expenses
$1,150,950
Net Income
-$1,014,624
Net Assets
$1,902,945
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,450
31.9%
Program Services $0
Investment Income $92,876
68.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,902,945
Total Liabilities $0
Net Assets $1,902,945
Compensation
Key Employees and Officers Compensation Related Other
Kenneth Tokita (Director/President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$323,857
Expenses
$620,684
Net Income
-$296,827
Net Assets
$2,917,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,219
24.2%
Program Services $0
Investment Income $65,514
20.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $180,124
55.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,917,569
Total Liabilities $0
Net Assets $2,917,569
Compensation
Key Employees and Officers Compensation Related Other
Kenneth Tokita (Director/President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$355,186
Expenses
$604,058
Net Income
-$248,872
Net Assets
$3,214,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,755
5.6%
Program Services $0
Investment Income $75,655
21.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $259,776
73.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,214,396
Total Liabilities $0
Net Assets $3,214,396
Compensation
Key Employees and Officers Compensation Related Other
Anthony Dabbene (Dir/Vp/Sect'y) $120,000 $0 $0
Kenneth Tokita (Director/President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$284,888
Expenses
$438,103
Net Income
-$153,215
Net Assets
$3,463,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $181,607
63.7%
Program Services $0
Investment Income $103,281
36.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,463,269
Total Liabilities $0
Net Assets $3,463,269
Compensation
Key Employees and Officers Compensation Related Other
Tony Dabbene (Direct/Vp/Sect'y) $46,250 $0 $0
Kenneth Tokita (Director/President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,570
Expenses
$85,544
Net Income
-$12,974
Net Assets
$3,240,247
Notable Sources of Revenue Percent of Total Revenue
Contributions $220,413
> 100%
Program Services $0
Investment Income $86,025
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,891
Net Inventory Sales $0
Other Revenue -$224,977
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,240,247
Total Liabilities $0
Net Assets $3,240,247
Compensation
Key Employees and Officers Compensation Related Other
Kennth Tokita (Director/President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0
Tony Dabbene (Direct/Vp/Sect'y) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$328,709
Expenses
$133,320
Net Income
$195,389
Net Assets
$3,000,906
Notable Sources of Revenue Percent of Total Revenue
Contributions $232,248
70.7%
Program Services $0
Investment Income $73,855
22.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $22,606
6.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,000,906
Total Liabilities $0
Net Assets $3,000,906
Compensation
Key Employees and Officers Compensation Related Other
Kenneth M Tokita (Director / President) $0 $0 $0
Chuck Fosdick (Director) $0 $0 $0
Jack Vance (Director) $0 $0 $0
Tony Dabbene (Director/Vice President/Secretary & Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$540,867
Expenses
$66,267
Net Income
$474,600
Net Assets
$2,805,517
Notable Sources of Revenue Percent of Total Revenue
Contributions $303,042
56.0%
Program Services $0
Investment Income $69,772
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $168,053
31.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,805,517
Total Liabilities $0
Net Assets $2,805,517

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$260,891
Expenses
$33,582
Net Income
$227,309
Net Assets
$2,330,917
Notable Sources of Revenue Percent of Total Revenue
Contributions $150,215
57.6%
Program Services $0
Investment Income $86,193
33.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $24,483
9.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,330,917
Total Liabilities $0
Net Assets $2,330,917

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,451
Expenses
$120,015
Net Income
$161,436
Net Assets
$2,103,608
Notable Sources of Revenue Percent of Total Revenue
Contributions $168,802
60.0%
Program Services $0
Investment Income $78,838
28.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $33,811
12.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,103,608
Total Liabilities $0
Net Assets $2,103,608

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$299,699
Expenses
$21,957
Net Income
$277,742
Net Assets
$1,942,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $226,881
75.7%
Program Services $0
Investment Income $50,223
16.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $22,595
7.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,942,172
Total Liabilities $0
Net Assets $1,942,172

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$343,111
Expenses
$161,164
Net Income
$181,947
Net Assets
$1,664,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $207,516
60.5%
Program Services $0
Investment Income $45,453
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $90,142
26.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $97,436
60.5%
Assets/Debt
Total Assets $1,664,430
Total Liabilities $0
Net Assets $1,664,430

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$227,670
Expenses
$78,868
Net Income
$148,802
Net Assets
$1,482,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $212,314
93.3%
Program Services $0
Investment Income $31,126
13.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$15,770
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $57,692
73.2%
Assets/Debt
Total Assets $1,482,483
Total Liabilities $0
Net Assets $1,482,483

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$177,190
Expenses
$55,852
Net Income
$121,338
Net Assets
$1,333,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,791
89.1%
Program Services $0
Investment Income $22,219
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,820
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,333,681
Total Liabilities $0
Net Assets $1,333,681

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

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

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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