Nonprofit · EIN 26-0802180
DBP FOUNDATION
Tax-exempt · OLD ORCHD BCH, ME 04064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,370,699 | $69,709 | $1,300,990 | $1,615,721 | $18,040 | $1,597,681 |
| December 31, 2023 | 990-PF | $200,539 | $215,247 | -$14,708 | $300,251 | $3,560 | $296,691 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $13,273
- Interest
- $545
- Net gain from sales of assets
- $1,356,881
Expenses
- Grants and similar amounts paid
- $35,500
- Disbursements for charitable purposes
- $36,537
- Excise tax on investment income
- $18,855
Balance sheet and other
- Total assets, start of year
- $300,251
- Total assets, end of year
- $1,615,721
- Total liabilities, end of year
- $18,040
- Net assets, end of year
- $1,597,681
- Fair market value of assets
- $3,731,286
- Qualifying distributions
- $36,537
- Net investment income
- $1,370,699
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY J PHILLIPS 14 WAVELET STREET, OLD ORCHARD BEACH, ME 04064 | DIR/PRESIDEN | 0 | $0 |
| DEAN LOUIS PHILLIPS 1550 NIGHTFALL CT, CUMMING, GA 30040 | DIR/SEC/TREA | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY J PHILLIPS 14 WAVELET STREET, OLD ORCHARD BEACH, ME 04064 | DIR/PRESIDEN | 1 | $0 |
| DEAN LOUIS PHILLIPS 1550 NIGHTFALL CT, CUMMING, GA 30040 | DIR/SEC/TREA | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 14 WAVELET ST, OLD ORCHD BCH, ME 04064-2921
- In care of
- % DEAN PHILLIPS
- Signed the 990-PF
- BETTY J PHILLIPS, DIR/PRESIDENT
- Phone
- (716) 485-8402
- Return prepared by
- SMITH BEST & STONEKING PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-0802180
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,615,721
- Income (IRS master file)
- $5,139,904
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,370,699 | $69,709 | $1,615,721 | XML |
| 990-PF | December 2023 | $200,539 | $215,247 | $300,251 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 26-0802180).
Questions about DBP FOUNDATION
- What is the EIN of DBP FOUNDATION?
- The employer identification number (EIN) of DBP FOUNDATION is 26-0802180.
- Is DBP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DBP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DBP FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DBP FOUNDATION 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 DBP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of DBP FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does DBP FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,370,699, expenses of $69,709 and total assets of $1,615,721 at year end.
Other nonprofits in OLD ORCHD BCH
- ROTARY CLUB OF SACO BAY SUNSET EIN 47-5357763 · last filed 990-N for 2024
- WIDOWS SONS MASONIC RIDERS ASSOCIATION OF MAINE EIN 92-2190344 · last filed 990-N for 2025
- OLD ORCHARD BEACH FREE PUBLIC LIBRARY ASSOCIATION EIN 01-0219828 · last filed 990 for 2025
- AMERICAN LEGION POST 57 EIN 01-6018568 · last filed 990 for 2024
- OLD ORCHARD BEACH CHAMBER OF COMMERCE EIN 01-0212181 · last filed 990 for 2024
- VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF MAINE EIN 01-0344591 · last filed 990 for 2025
- OLD ORCHARD BEACH FIREFIGHTERS BENEVOLENCE FUND EIN 99-2186269 · last filed 990-PF for 2025
- MAINE ASSISTANCE FOUNDATION EIN 88-1237840 · last filed 990-PF for 2023
All nonprofits in OLD ORCHD BCH · Maine · Philanthropy, voluntarism and grantmaking foundations