Nonprofit · EIN 22-3073647
DEPOSIT FOUNDATION INC
Tax-exempt · DEPOSIT, NY 13754
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $106,679 | $73,020 | $33,659 | $100,738 | $180 | $100,558 |
| December 31, 2023 | 990-EZ | $13,577 | $23,522 | -$9,945 | $77,787 | $888 | $76,899 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $102,078
- Investment income
- $1,385
- Net income from fundraising events
- $3,201
- Other revenue
- $15
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $7,728
- Professional fees and payments to contractors
- $3,916
- Occupancy
- $1,700
- Other expenses
- $59,676
- Program services (functional)
- $52,385
Balance sheet and other
- Total assets, start of year
- $77,787
- Total assets, end of year
- $100,738
- Total liabilities, end of year
- $180
- Net assets, end of year
- $100,558
- Cash, savings and investments
- $100,738
- Gross receipts
- $106,679
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 |
|---|---|---|---|
| BETTY REYNOLDS | BOARD MEMBER | 1 | $0 |
| JANE WALKER-LLOYD | BOARD MEMBER | 1 | $0 |
| DEBRA ARNOLD | TREASURER | 1 | $0 |
| VICKY TIFFANY | BOARD MEMBER | 1 | $0 |
| PHOEBE CARSON | PRESIDENT | 1 | $0 |
| GAIL MUSANTE | SECRETARY | 1 | $0 |
| JUDY LLOYD | VICE PRESIDENT | 1 | $0 |
| DOUG MILLS | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY REYNOLDS | BOARD MEMBER | 1 | $0 |
| JANE WALKER-LLOYD | BOARD MEMBER | 1 | $0 |
| DEBRA ARNOLD | BOARD MEMBER | 1 | $0 |
| VICKY TIFFANY | BOARD MEMBER | 1 | $0 |
| PHOEBE CARSON | PRESIDENT | 1 | $0 |
| GAIL MUSANTE | SECRETARY | 1 | $0 |
| JUDY LLOYD | TREASURER | 1 | $0 |
| KAREN BUDINE | VICE PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- SUITE 102, DEPOSIT, NY 13754-0000
- Signed the 990-EZ
- PHOEBE CARSON, BOARD PRESIDENT
- Phone
- (607) 467-4000
- Return prepared by
- VIEIRA & ASSOCIATES CPAS PC
Mission
TO PROVIDE ESSENTIAL CONNECTIONS FOR RESIDENTS OF DEPOSIT NEW YORK TO ACCESS HEALTH AND HUMAN SERVICES.
Program accomplishments
- FOOD PANTRY PROGRAM - THE DEPOSIT FOOD PANTRY IS HERE TO HELP DEPOSIT RESIDENTS THAT ARE IN NEED OF FOOD.Expenses $46,402
- TOYS FOR TOTS PROGRAM - PROVIDES TOYS/GIFTS TO LOCAL CHILDREN AND TEENS IN NEED DURING THE HOLIDAYS.Expenses $4,747
- FRIENDSHIP TABLE - PROVIDES MEALS ONCE A MONTH AT NO CHARGE TO ANY RESIDENT OF DEPOSIT WHO WISHES TO COME FOR A GOOD MEAL, ENJOY FELLOWSHIP WITH OTHERS AND HELP WITH FOOD BUDGETS.Expenses $1,236
- FRIENDSHIP PROGRAM - THIS PROGRAM IS DESIGNED TO BRING INFORMATIONAL SESSIONS TO DEPOSIT RESIDENTS RELATED TO PERSONAL HEALTH AND OVERALL WELL BEING, WITH A HEAVY FOCUS ON LIFE SKILLS, SUCH AS RESUME AND JOB BUILDING, HEALTH AND FITNESS, BUDGETING, AND SO ON.
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 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
- 22-3073647
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $100,738
- Income (IRS master file)
- $106,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $106,679 | $73,020 | $100,738 | XML |
| 990-EZ | December 2023 | $13,577 | $23,522 | $77,787 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 22-3073647).
Questions about DEPOSIT FOUNDATION INC
- What is the EIN of DEPOSIT FOUNDATION INC?
- The employer identification number (EIN) of DEPOSIT FOUNDATION INC is 22-3073647.
- Is DEPOSIT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to DEPOSIT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEPOSIT 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 DEPOSIT 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 DEPOSIT 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 DEPOSIT FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does DEPOSIT FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $106,679, expenses of $73,020 and total assets of $100,738 at year end.
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