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Nonprofit · EIN 27-5203014

EVOLVE MENTORING

Tax-exempt · RALEIGH, NC 27620

Financials

$145K$145K2021$101K$133K2022$2K$10K2023
Revenue Expenses · by fiscal year end
Financials of EVOLVE MENTORING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$1,630$10,210-$8,580$9,204$15,000-$5,796
December 31, 2022990$100,977$133,412-$32,435$17,784$15,000$2,784
December 31, 2021990$144,510$145,020-$510$43,561$15,000$28,561
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$1,630

Expenses

Compensation of officers, directors and key employees
$2
Salaries, compensation and benefits (total)
$2
Professional fees and payments to contractors
$5,200
Other expenses
$5,008

Balance sheet and other

Total assets, start of year
$17,784
Total assets, end of year
$9,204
Total liabilities, end of year
$15,000
Net assets, end of year
-$5,796
Cash, savings and investments
$9,204
Gross receipts
$1,630

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Devin GrahamChair2$2
Fredrick Ravin IIITreasurer1$0
Tameka ReedSecretary1$0
Tonya LoclearMember1$0
Vernessa HoffmanMember1$0
Tolulope OmokaiyeExecutive Director40$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensation
Tolulope OmokaiyeExecutive Director
Trustee or director
40$41,333
Tonya LocklearMember
Trustee or director
1$0
Vernessa HoffmanMember
Trustee or director
1$0
Devin GrahamChair
Officer
2$0
Fredrick Ravin IIITreasurer
Officer
1$0
Tameka ReedSecretary
Officer
1$0
990 for the year ended December 31, 2021: 6 people
NameTitleHours / weekCompensation
Tolulope OmokaiyeExecutive Director
Trustee or director
40$62,000
Tonya LocklearMember
Trustee or director
1$0
Vernessa HoffmanMember
Trustee or director
1$0
Devin GrahamChair
Officer
2$0
Fredrick Ravin IIITreasurer
Officer
1$0
Tameka ReedSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 46692, RALEIGH, NC 27620-6692
In care of
% TOLULOPE OMOKAIYE
Mailing address (990-N for 2024)
236 Sunnybrook Rd PO Box 46692, Raleigh NC 27620
Principal officer (990-N for 2024)
Tolulope OmoKaiye, 236 Sunnybrook Rd PO Box 46692, Raleigh NC 27620
Signed the 990-EZ
Tolulope OmoKaiye, Executive Director
Phone
(919) 792-8352
Return prepared by
LA WYNNPA Certified Public Accountant

Mission

To assist young adults in the preparation of life after graduation through education and exposure to better financial, social, health & fitness choices, professional development, and mentoring.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Maintained organization's primary mission in a downturn year.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-5203014
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-N (e-Postcard)
Category (NTEE)
Education (B60)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Tolulope OmoKaiye
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$1,630$10,210$9,204XML
990December 2022$100,977$133,412$17,784XML
990December 2021$144,510$145,020$43,561XML
990December 2020–––IRS
990-N for 2018
Officer: Tolulope Omokaiye
December 31, 2018≤ $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 27-5203014).

Questions about EVOLVE MENTORING

What is the EIN of EVOLVE MENTORING?
The employer identification number (EIN) of EVOLVE MENTORING is 27-5203014.
Is EVOLVE MENTORING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to EVOLVE MENTORING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EVOLVE MENTORING file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of EVOLVE MENTORING 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 EVOLVE MENTORING last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of EVOLVE MENTORING?
The 990-N for 2024 names Tolulope OmoKaiye.
Who are the officers and directors of EVOLVE MENTORING?
The 990-EZ for the year ended December 31, 2023 lists 6 people; 1 received compensation from the organization, the highest $2 (Devin Graham, Chair).
How much revenue does EVOLVE MENTORING have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $1,630, expenses of $10,210 and total assets of $9,204 at year end.

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