Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 02-0572208

AKADEMIC FOUNDATION INC

Tax-exempt · FT LAUDERDALE, FL 33311

Financials

$72K$90K2023$84K$80K2024
Revenue Expenses · by fiscal year end
Financials of AKADEMIC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$84,027$79,986$4,041$122,712–$122,712
December 31, 2023990$72,173$89,965-$17,792$109,137$0$109,137
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$22,965
Program service revenue
$26,154
Investment income
$0
Net income from fundraising events
$34,908

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$79,986
Program services (functional)
$77,376

Balance sheet and other

Total assets, start of year
$109,140
Total assets, end of year
$122,712
Total liabilities, end of year
–
Net assets, end of year
$122,712
Cash, savings and investments
$122,712
Gross receipts
$127,921

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DELORES McKINLEYPRESIDENT1$0
CHANADRA YOUNG WHITINGDIRECTOR1$0
ELIZABETH PINNOCKTREASURER1$0
KIMBERLY HARMONSECRETARY1$0
JAMIE POLLOCKASST TREASURER1$0
KARLENE CHUNG-HOGGASST SECRETARY1$0
DESTINY DeJESUSVICE PRESIDENT1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
CHANDRA YOUNG-WHITINGDIRECTOR
Trustee or director
2$0
ELIZABETH PINNOCK-CHAMBERSTREASURER
Officer
2$0
DELORES MCKINLEYPRESIDENT
Officer
2$0
SHAKIRA GARYSECRETARY
Officer
2$0
JAMIE POLLOCKASST. TREASURER
Officer
2$0
KARLENE CHUNG-HOGGASST. SECRETARY
Officer
1$0
DESTINY DEJESUSVICE PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
1630 NW 26TH TER, FT LAUDERDALE, FL 33311-4440
In care of
% DELORES MCKINLEY
Mailing address (990-N for 2016)
P O Box 101231, Fort Lauderdale FL 33310
Principal officer (990-N for 2016)
Rae Welch, 4907 Pelican Manor, Coconut Creek FL 33073
Signed the 990-EZ
DELORES McKINLEY, PRESIDENT
Phone
(954) 401-3800
Return prepared by
Robinson Enterprises LTD Inc

Mission

TO PROVIDE CHARITABLE AND EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHORLARSHIPS, YOUTH & FAMILIES CULTURAL ENRICHMENT, FINANCIAL EDUCATION AND SELF MOTIVTION.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDING SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS.THIRTY-FOUR SCHOLARSHIPS WERE GIVEN.
    Expenses $55,748
  • OTHER COMMUNITY SERVICES
    Expenses $21,628

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for AKADEMIC FOUNDATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
02-0572208
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$122,712
Income (IRS master file)
$127,921

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$84,027$79,986$122,712XML
990December 2023$72,173$89,965$109,137XML
990December 2022$161,929$105,815$175,587IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2016
Officer: Rae Welch
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0572208).

Questions about AKADEMIC FOUNDATION INC

What is the EIN of AKADEMIC FOUNDATION INC?
The employer identification number (EIN) of AKADEMIC FOUNDATION INC is 02-0572208.
Is AKADEMIC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to AKADEMIC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AKADEMIC FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AKADEMIC FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AKADEMIC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of AKADEMIC FOUNDATION INC?
The 990-N for 2016 names Rae Welch.
Who are the officers and directors of AKADEMIC FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does AKADEMIC FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $84,027, expenses of $79,986 and total assets of $122,712 at year end.

Other nonprofits in FT LAUDERDALE

All nonprofits in FT LAUDERDALE · Florida · Education