Nonprofit · EIN 27-4357830
NEMA FOUNDATION INC
Tax-exempt · SARASOTA, FL 34234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $30,496,474 | $28,964,351 | $1,532,123 | $32,581,469 | $4,648 | $32,576,821 |
| December 31, 2023 | 990 | $22,374,951 | $26,451,661 | -$4,076,710 | $30,390,457 | $1,999 | $30,388,458 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $29,492,446
- Program service revenue
- $0
- Investment income
- $1,004,028
- Net gain from sales of assets
- $7,572
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $28,626,178
- Compensation of officers, directors and key employees
- $54,000
- Other salaries and wages
- $118,404
- Salaries, compensation and benefits (total)
- $176,389
- Professional fundraising fees
- $0
- Accounting fees
- $37,751
- Occupancy
- $16,500
- Travel
- $476
- Program services (functional)
- $28,897,504
- Management and general (functional)
- $66,847
Balance sheet and other
- Total assets, start of year
- $30,390,457
- Total assets, end of year
- $32,581,469
- Total liabilities, end of year
- $4,648
- Net assets, end of year
- $32,576,821
- Publicly traded securities
- $17,434,626
- Net assets without donor restrictions
- $32,576,821
- Gross receipts
- $43,309,295
- Employees
- 3
- Year formed
- 2011
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BRYAN GREEN | DIRECTOR/PRE Trustee or director | 10 | $0 | $175,000 |
| CHERYL GREEN | DIRECTOR/SEC Trustee or director, Officer | 40 | $54,000 | $0 |
| SCOTT MERRITT | DIRECTOR/TRE Trustee or director, Officer | 1 | $0 | $0 |
| JEFF WHITLOCK | DIRECTOR Trustee or director | – | $0 | $0 |
| SALVATORE PELLEGRINO | DIRECTOR Trustee or director | – | $0 | $0 |
| ANDY RUSSELL | DIRECTOR Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY WHITLOCK | SECRETARY Officer | 40 | $54,685 |
| CHERYL GREEN | EXEC. DIR./P Trustee or director | 40 | $53,500 |
| DAVID MICHAEL FRANKLIN | DIRECTOR Trustee or director | – | $0 |
| BRITTANY GREEN | DIRECTOR Trustee or director | – | $0 |
| TERRY PARKER | DIRECTOR Trustee or director | – | $0 |
| JEFF WHITLOCK | DIRECTOR Trustee or director | – | $0 |
| SCOTT MERRITT | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1859 NORTHGATE BLVD, SARASOTA, FL 34234-2120
- Principal officer (990 for 2024)
- BRYAN GREEN, 1859 NORTHGATE BLVD, SARASOTA, FL 34234
- Signed the 990
- BRYAN GREEN, DIRECTOR/PRESIDENT
- Phone
- (706) 754-6884
- Website
- WWW.PROVISIONBRIDGE.ORG
- Return prepared by
- BARNES MERRITT & KOFFEL LLC
Mission
PROVISIONBRIDGE EXISTS TO PROVIDE AN EASY, TAX-EFFICIENT WAY FOR INDIVIDUALS, FAMILIES AND ORGANIZATIONS TO GIVE CHARITABLY TO ORGANIZATIONS THAT PROVIDE CARE FOR THOSE IN NEED. DIFFICULT TIMES, RISING MEDICAL COSTS, NATURAL DISASTERS, AND OTHER PROBLEMS HAVE LEFT MORE AND MORE FAMILIES IN NEED OF FINANCIAL ASSISTANCE AND MORE FAMILIES AND ORGANIZATIONS WANTING TO HELP. RECOGNIZING THESE NEEDS LED A TEAM OF DEDICATED LEADERS IN THE NONPROFIT COMMUNITY TO START PROVISION BRIDGE. IN 2011, PROVISIONBRIDGE RECEIVED ITS DETERMINATION LETTER FROM THE IRS AS A 501-C3 ORGANIZATION, WITH THE GOAL OF HELPING MORE PEOPLE GIVE TO MEET THE NEEDS IN THEIR COMMUNITY.
Program accomplishments
- NEMA FOUNDATION (PROVISIONBRIDGE)EXISTS TO SUPPORT 501(C)(3) CHARITABLE ORGANIZATIONS FROM DONOR ADVISED FUNDS, WHICH ENABLE DONORS TO CONTRIBUTE ASSETS AND THEN RECOMMEND GRANTS FROM THE FUND TO CHARITIES THAT PROVIDE CARE FOR THOSE IN NEED. PROVISIONBRIDGE PERSONNEL ASSESS AND QUALIFY GRANTEES; THEREFORE, THE COSTS ASSOCIATED WITH THESE ACTIVITIES ARE INCLUDED IN THE PROGRAM SERVICES COMPONENT OF EXPENSE.Expenses $28,897,504 · grants $28,626,178
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4357830
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $32,581,469
- Income (IRS master file)
- $43,309,295
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $30,496,474 | $28,964,351 | $32,581,469 | XML |
| 990 | December 2023 | $22,374,951 | $26,451,661 | $30,390,457 | IRS |
| 990 | December 2022 | $22,559,102 | $28,947,826 | $33,716,025 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | 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 27-4357830).
Questions about NEMA FOUNDATION INC
- What is the EIN of NEMA FOUNDATION INC?
- The employer identification number (EIN) of NEMA FOUNDATION INC is 27-4357830.
- Is NEMA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to NEMA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEMA 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 NEMA 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 NEMA FOUNDATION 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 NEMA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names BRYAN GREEN.
- Who are the officers and directors of NEMA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization.
- How much revenue does NEMA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $30,496,474, expenses of $28,964,351 and total assets of $32,581,469 at year end.
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All nonprofits in SARASOTA · Florida · Philanthropy, voluntarism and grantmaking foundations