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Nonprofit · EIN 23-2209584

DEVON 50 INC

Tax-exempt (reinstated) · DEVON, PA 19333

Financials

$1.1M$85K2023$137K$143K2024
Revenue Expenses · by fiscal year end
Financials of DEVON 50 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$137,062$142,592-$5,530$2,059,342$0$2,059,342
December 31, 2023990$1,149,391$84,833$1,064,558$2,064,872$0$2,064,872
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$59,332
Program service revenue
$0
Investment income
$33,706
Net income from fundraising events
$44,024
Other revenue
$44,024

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,500
Occupancy
$63,068
Depreciation
$19,233
Program services (functional)
$125,424
Management and general (functional)
$12,716
Fundraising (functional)
$4,452

Balance sheet and other

Total assets, start of year
$2,064,872
Total assets, end of year
$2,059,342
Total liabilities, end of year
$0
Net assets, end of year
$2,059,342
Land, buildings and equipment
$1,445,557
Publicly traded securities
$348,608
Net assets without donor restrictions
$1,958,929
Net assets with donor restrictions
$100,413
Gross receipts
$183,717
Employees
0
Volunteers
13
Year formed
1982
State of legal domicile
PA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROY D WOLGINPRESIDENT
Trustee or director, Officer
5$0
WILLIAM RUPERTSECRETARY
Trustee or director, Officer
5$0
WILLIAM GEIGERTREASURER
Trustee or director, Officer
5$0
MICHAEL MARTINTROOP COMMITTEE CHAIR
Trustee or director
5$0
DOTTIE LAWTRUSTEE
Trustee or director
5$0
BOB TICKNERTRUSTEE
Trustee or director
5$0
STEVE MILLERTRUSTEE
Trustee or director
5$0
SHIVANI JOHRITRUSTEE
Trustee or director
5$0
DAVE THOMASTRUSTEE
Trustee or director
5$0
JEFF FORDTRUSTEE
Trustee or director
5$0
BILL KLINETRUSTEE
Trustee or director
5$0
BRUCE WEINTRAUBTRUSTEE
Trustee or director
5$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ROY D WOLGINPRESIDENT
Trustee or director, Officer
5$0
BILL RUPERTSECRETARY
Trustee or director, Officer
5$0
WILLIAM GEIGERTREASURER
Trustee or director, Officer
5$0
MICHAEL MARTINTROOP COMMITTEE CHAIR
Trustee or director
5$0
DOTTIE LAWTRUSTEE
Trustee or director
5$0
BOB TICKNERTRUSTEE
Trustee or director
5$0
STEVE MILLERTRUSTEE
Trustee or director
5$0
SHIVANI JOHRITRUSTEE
Trustee or director
5$0
DAVE THOMASTRUSTEE
Trustee or director
5$0
JEFF FORDTRUSTEE
Trustee or director
5$0
BILL KLINETRUSTEE
Trustee or director
5$0
BRUCE WEINTRAUBTRUSTEE
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 50, DEVON, PA 19333-0050
In care of
% MARY E VITRAY
Mailing address (990-N for 2008)
PO BOX 50, DEVON PA 19333
Principal officer (990 for 2024)
Roy D Wolgin, PO BOX 50, DEVON, PA 19333
Principal officer (990-N for 2008)
DONALD MCGILL, 315 EXETER RD, DEVON PA 19333
Signed the 990
Roy D Wolgin, President
Phone
(215) 778-2595
Return prepared by
Robert C Bezgin CPA

Mission

TO SUPPORT ACTIVITIES OF TROOP 50 BOY SCOUTS OF AMERICA & TRAIN YOUTH.

990 for the year ended December 31, 2024

Program accomplishments

  • TRAINING YOUTH IN RESPONSIBLE CITIZENSHIP, CHARACTER DEVELOPMENT AND SELF RELIANCE
    Expenses $125,424

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2209584
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,059,342
Income (IRS master file)
$183,717

Revocation and reinstatement

Exemption revoked
May 15, 2015
Posted by the IRS
August 10, 2015
Reinstated
Effective May 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$137,062$142,592$2,059,342XML
990December 2023$1,149,391$84,833$2,064,872XML
990December 2022$171,323$150,935$1,000,839IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2008
Officer: DONALD MCGILL
December 31, 2008≤ $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 23-2209584).

Questions about DEVON 50 INC

What is the EIN of DEVON 50 INC?
The employer identification number (EIN) of DEVON 50 INC is 23-2209584.
Is DEVON 50 INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
Are donations to DEVON 50 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEVON 50 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 DEVON 50 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 DEVON 50 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DEVON 50 INC?
The 990 for the year ended December 31, 2024 names Roy D Wolgin.
Who are the officers and directors of DEVON 50 INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does DEVON 50 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $137,062, expenses of $142,592 and total assets of $2,059,342 at year end.

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