Nonprofit · EIN 20-5040024
HWY 55 CHARITIBLE FOUNDATION INC
Tax-exempt · MOUNT OLIVE, NC 28365
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $10,004 | $9,002 | $1,002 | $7,005 | – | $7,005 |
| December 31, 2023 | 990-EZ | $27,177 | $44,500 | -$17,323 | $6,003 | – | $6,003 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,004
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Grants and similar amounts paid
- $9,002
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
Balance sheet and other
- Total assets, start of year
- $6,003
- Total assets, end of year
- $7,005
- Total liabilities, end of year
- –
- Net assets, end of year
- $7,005
- Cash, savings and investments
- $7,005
- Gross receipts
- $10,004
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth K Moore | Presisent | 0 | $0 |
| James E Williams Sr | Volunteer Exec DiirectorTreas | 0 | $0 |
| Karen W Moore | Secretary | 0 | $0 |
| Neal Dennis | Vice President | 0 | $0 |
| April Dennis | Director | 0 | $0 |
| J R Cottle | Director | 0 | $0 |
| Andrew Kyle Moore | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth K Moore | Presisent | 0 | $0 |
| James E Williams | Volunteer Exec DirictorTreas | 0 | $0 |
| Karen W Moore | Secretary | 0 | $0 |
| Neal Dennis | Director | 0 | $0 |
| April Dennis | Director | 0 | $0 |
| J R Cottle | Director | 0 | $0 |
| Andrew K Mooew | Diewxroe | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 109 N BREAZEALE AVE, MOUNT OLIVE, NC 28365-1601
- In care of
- % KENNETH MOORE
- Signed the 990-EZ
- James E Williams, volunteer Exec Director
Mission
To provide support to organizations withing the Hwy 55 Business area
Program accomplishments
- We made donations to 8 different organizations.in. 2023 for $44,550 which is the stated purpose. Since its inception more that 1 years ago
- All the work of the foundation is done by volunteers who are employees of Hwy 55 Burgers which has locations is 5 states
- Over 500 charities have received funding from the Hwy 55 Charitable foundation since its inception.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-5040024
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $7,005
- Income (IRS master file)
- $10,004
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $10,004 | $9,002 | $7,005 | IRS |
| 990-EZ | December 2023 | $27,177 | $44,500 | $6,003 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
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 20-5040024).
Questions about HWY 55 CHARITIBLE FOUNDATION INC
- What is the EIN of HWY 55 CHARITIBLE FOUNDATION INC?
- The employer identification number (EIN) of HWY 55 CHARITIBLE FOUNDATION INC is 20-5040024.
- Is HWY 55 CHARITIBLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to HWY 55 CHARITIBLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HWY 55 CHARITIBLE FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HWY 55 CHARITIBLE 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 HWY 55 CHARITIBLE 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 are the officers and directors of HWY 55 CHARITIBLE 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 HWY 55 CHARITIBLE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $10,004, expenses of $9,002 and total assets of $7,005 at year end.
Other nonprofits in MOUNT OLIVE
- SOUTHERN BANK FOUNDATION EIN 56-2002871 · last filed 990-PF for 2024
- MOUNT OLIVE PICKLE COMPANY FOUNDATION EIN 56-1888088 · last filed 990-PF for 2026
- CARVER HIGH SCHOOL ALUMNI AND FRIENDS ASSOCIATION INC EIN 94-3415807 · last filed 990-EZ for 2025
- E J POPE & SON FOUNDATION EIN 56-1939755 · last filed 990-PF for 2025
- UNIVERSITY OF MOUNT OLIVE INC EIN 56-0623936 · last filed 990 for 2025
- MT OLIVE FAMILY MEDICINE CENTER INC EIN 56-2000255 · last filed 990 for 2025
- THE UNIVERSITY OF MOUNT OLIVE FOUNDAITON EIN 20-0371529 · last filed 990 for 2025
- SOUTHERN WAYNE RECREATION INC EIN 56-0902656 · last filed 990 for 2025
All nonprofits in MOUNT OLIVE · North Carolina · Philanthropy, voluntarism and grantmaking foundations