Civic Intelligence

Infinitu Foundation Inc

EIN 20-2304712 • 501(c)3 • New York, NY

Profile

To increase awareness of the romanian artistic and cultural legacy.to promote the development of the cultural heritage of romanian artistic treasures, landmark sites, and artists through restoration and education in order to preserve those works and ensure accessibility.to make grants contributions or gifts or otherwise provide assistance absolutely or upon conditions as the board of directors may deem proper, in pursuit or furtherance of any or all of the foregoing purposes, in such manner (including without limitation the direct provision of grants or other assistance to indviduals) as is permissable of an organization that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code.**on december 2 2023, the president, ioana maria ertegun, died. Subsequently, jeffrey katz was appointed president and linda j. Wachner, previously secretary, was appointed treasurer.

CO J Katz Kdw 3 World Trade Ctr LNew York, NY 10007

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

25th percentile

-28%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

Down

$0

Down $1,872 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $1,872 (-100%) from 2023

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,872

Up $1,136 (+154%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2011: $9,020Liabilities 2011: $0Net Assets 2011: $9,0202011Assets 2012: $8,787Liabilities 2012: $0Net Assets 2012: $8,7872012Assets 2013: $8,554Liabilities 2013: $0Net Assets 2013: $8,5542013Assets 2014: $8,148Liabilities 2014: $0Net Assets 2014: $8,1482014Assets 2015: $7,485Liabilities 2015: $0Net Assets 2015: $7,4852015Assets 2016: $6,822Liabilities 2016: $0Net Assets 2016: $6,8222016Assets 2017: $6,127Liabilities 2017: $0Net Assets 2017: $6,1272017Assets 2018: $5,432Liabilities 2018: $0Net Assets 2018: $5,4322018Assets 2019: $4,768Liabilities 2019: $0Net Assets 2019: $4,7682019Assets 2020: $4,054Liabilities 2020: $0Net Assets 2020: $4,0542020Assets 2021: $3,331Liabilities 2021: $0Net Assets 2021: $3,3312021Assets 2022: $2,608Liabilities 2022: $0Net Assets 2022: $2,6082022Assets 2023: $1,872Liabilities 2023: $0Net Assets 2023: $1,8722023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0K$1.0K$0-$1.0KRevenue 2011: $1,800Expenses 2011: $1,800Net Income 2011: $02011Revenue 2012: $1,000Expenses 2012: $1,233Net Income 2012: -$2332012Revenue 2013: $750Expenses 2013: $983Net Income 2013: -$2332013Revenue 2014: $750Expenses 2014: $1,156Net Income 2014: -$4062014Revenue 2015: $500Expenses 2015: $1,163Net Income 2015: -$6632015Expenses 2016: $6632016Expenses 2017: $6952017Expenses 2018: $6952018Expenses 2019: $6642019Expenses 2020: $7142020Expenses 2021: $7232021Expenses 2022: $7232022Expenses 2023: $7362023Expenses 2024: $1,8722024

Highlighted filing

2024

Revenue-
Expenses$1,872
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 10, 2025
Return Version
2024v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To increase awareness of the romanian artistic and cultrual legacy.to promote the development of the cultural heritage of romanian artistic treasures, landmark sites, and artists through restoration and education in order to preserve those works and ensure accessibility.to make grants contributions or gifts or otherwise provide assistance absolutely or upon conditions as the board of directors may deem proper, in pursuit or furtherance of any or all of the foregoing purposes, in such manner (including without limitation the direct provision of grants or other assistance to indviduals) as is permissable of an organization that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code.

To increase awareness of the romanian artistic and cultural legacy.to promote the development of the cultural heritage of romanian artistic treasures, landmark sites, and artists through restoration and education in order to preserve those works and ensure accessibility.to make grants contributions or gifts or otherwise provide assistance absolutely or upon conditions as the board of directors may deem proper, in pursuit or furtherance of any or all of the foregoing purposes, in such manner (including without limitation the direct provision of grants or other assistance to indviduals) as is permissable of an organization that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code.on december 2 2023, the president, ioana maria ertegun, died. Subsequently, jeffrey katz was appointed president and linda j. Wachner, previously secretary, was appointed treasurer.on june 20, 2024 the members of the board agreed to formally dissolve the corp.

Program Services

DescriptionGrantsExpenses
NONE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY KATZPresident-$0--
LINDA J WACHNERTreasurer-$0--
MIHAI RADUVice-President-$0--
Filing and Contact Details

Filer

Filer Name
Infinitu Foundation Inc
EIN
20-2304712
Phone
6463232955
Address
CO J KATZ KDW 3 WORLD TRADE CTR L, NEW YORK, NY 10007

Signing Officer

Name
Jeffrey Katz
Title
President
Phone
6463232955
Signed
2025-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
100 JERICHO QUADRANGLE SUITE 342, JERICHO, NY 11753
Preparer
Lester Weingarten
Phone
5169313100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank service charges. Amount: 456.

Raw XML Appendix138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05169313100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 JERICHO QUADRANGLE SUITE 342
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JERICHO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011753
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01872
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01872
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFREY KATZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LINDA J WACHNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIHAI RADU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0456
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO INCREASE AWARENESS OF THE ROMANIAN ARTISTIC AND CULTURAL LEGACY.TO PROMOTE THE DEVELOPMENT OF THE CULTURAL HERITAGE OF ROMANIAN ARTISTIC TREASURES, LANDMARK SITES, AND ARTISTS THROUGH RESTORATION AND EDUCATION IN ORDER TO PRESERVE THOSE WORKS AND ENSURE ACCESSIBILITY.TO MAKE GRANTS CONTRIBUTIONS OR GIFTS OR OTHERWISE PROVIDE ASSISTANCE ABSOLUTELY OR UPON CONDITIONS AS THE BOARD OF DIRECTORS MAY DEEM PROPER, IN PURSUIT OR FURTHERANCE OF ANY OR ALL OF THE FOREGOING PURPOSES, IN SUCH MANNER (INCLUDING WITHOUT LIMITATION THE DIRECT PROVISION OF GRANTS OR OTHER ASSISTANCE TO INDVIDUALS) AS IS PERMISSABLE OF AN ORGANIZATION THAT QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.ON DECEMBER 2 2023, THE PRESIDENT, IOANA MARIA ERTEGUN, DIED. SUBSEQUENTLY, JEFFREY KATZ WAS APPOINTED PRESIDENT AND LINDA J. WACHNER, PREVIOUSLY SECRETARY, WAS APPOINTED TREASURER.ON JUNE 20, 2024 THE MEMBERS OF THE BOARD AGREED TO FORMALLY DISSOLVE THE CORP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01872
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0PAYMENT OF LEGAL FEES FOR DISSOLUTION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0KELLEY DRYE AND WARREN LLP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-08-28
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0135335107
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01416
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0LAW FIRM
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03 WORLD TRADE CENTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
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IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 456.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY KATZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06463232955
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INFINITU FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INFI
ReturnHeader/Filer/EIN0202304712
ReturnHeader/Filer/PhoneNum06463232955
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO J KATZ KDW 3 WORLD TRADE CTR L
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010007
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 JERICHO QUADRANGLE SUITE 342
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011753
ReturnHeader/PreparerPersonGrp/PhoneNum05169313100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LESTER WEINGARTEN
ReturnHeader/ReturnTs02025-05-12T14:28:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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