Nonprofit · EIN 41-2279492
BRANCHING OUT IN NEW DIRECTIONS CORPORATION
Tax-exempt · MINNETONKA, MN 55343
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $20,808 | $21,396 | -$588 | $11,386 | $0 | $11,386 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $5,614
- Membership dues
- $7,244
- Net income from fundraising events
- $7,759
- Other revenue
- $191
Expenses
- Grants and similar amounts paid
- $17,500
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $760
- Printing, publications and postage
- $431
- Other expenses
- $2,705
- Program services (functional)
- $314
Balance sheet and other
- Total assets, start of year
- $11,974
- Total assets, end of year
- $11,386
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,386
- Cash, savings and investments
- $10,886
- Gross receipts
- $33,836
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENEE GAINSLEY | CORRESPONDING SECRETARY | 0.5 | $0 |
| LINDA GILFIX | DIRECTOR | 0.5 | $0 |
| NANCY GARBER | DIRECTOR | 0.5 | $0 |
| ELAINE FINK | DIRECTOR | 0.5 | $0 |
| GERRY FELDMAN | DIRECTOR | 0.5 | $0 |
| RENEE KURNOW | DIRECTOR | 0.5 | $0 |
| DIAN YELLIN | DIRECTOR | 0.5 | $0 |
| EVA BROUDE | DIRECTOR | 0.5 | $0 |
| JOYCE MARTIN | DIRECTOR | 0.5 | $0 |
| CAROLE EPSTEIN | DIRECTOR | 0.5 | $0 |
| NANCY PEILTE | FINANCE ADVISOR | 0.5 | $0 |
| MARION ALTROWITZ | MEMBERSHIP SECRETARY | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 4045 WYNDHAM HILL DR, MINNETONKA, MN 55343-6914
- In care of
- % NANCY PEILTE
- Mailing address (990-N for 2025)
- 4045 WYNDHAM HILL RD, MINNETONKA MN 55343
- Principal officer (990-N for 2025)
- SARA MOGILNER, 4045 WYNDHAM HILL RD, MINNETONKA MN 55343
- Signed the 990-EZ
- NANCY PEILTE, FINANCIAL ADVISOR
- Phone
- (952) 831-4829
- Website
- BONDTC.ORG
- Return prepared by
- SDK CPA
Mission
A SCHOLARSHIP PROGRAM TO PROVIDE FUNDS TO RECIPIENTS QUALIFIED BY THE ORGANIZATION'S SELECTION COMMITTEE FOR THE PURPOSE OF ATTENDING UNIVERSITIES, COLLEGES AND TRADE SCHOOLS AND OTHER INSTITUTIONS OF HIGHER LEARNING.
Program accomplishments
- AWARDING SCHOLARSHIPS TO THOSE ATTENDING OR PLANNING ON ATTENDING UNIVERSITIES, COLLEGES, TRADE SCHOOL, OR OTHER INSTITUTIONS OF HIGHER LEARNING.Expenses $314 · grants $17,500
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 41-2279492
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: SARA MOGILNER | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: SARA MOGILNER | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $20,808 | $21,396 | $11,386 | 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 41-2279492).
Questions about BRANCHING OUT IN NEW DIRECTIONS CORPORATION
- What is the EIN of BRANCHING OUT IN NEW DIRECTIONS CORPORATION?
- The employer identification number (EIN) of BRANCHING OUT IN NEW DIRECTIONS CORPORATION is 41-2279492.
- Is BRANCHING OUT IN NEW DIRECTIONS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to BRANCHING OUT IN NEW DIRECTIONS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRANCHING OUT IN NEW DIRECTIONS CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BRANCHING OUT IN NEW DIRECTIONS CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRANCHING OUT IN NEW DIRECTIONS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of BRANCHING OUT IN NEW DIRECTIONS CORPORATION?
- The 990-N for 2025 names SARA MOGILNER.
- Who are the officers and directors of BRANCHING OUT IN NEW DIRECTIONS CORPORATION?
- The 990-EZ for the year ended December 31, 2023 lists 12 people; 0 received compensation from the organization.
- How much revenue does BRANCHING OUT IN NEW DIRECTIONS CORPORATION have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $20,808, expenses of $21,396 and total assets of $11,386 at year end.
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