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Nonprofit · EIN 46-0829323

MORRISVILLE INNOVATION FOUNDATION

Tax-exempt · MORRISVILLE, NC 27560

Financials

$51K$51K2023
Revenue Expenses · by fiscal year end
Financials of MORRISVILLE INNOVATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$51,063$51,063$0$36,194$23,246$12,948
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Program service revenue
$51,063

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$51,063
Program services (functional)
$51,063

Balance sheet and other

Total assets, start of year
$36,194
Total assets, end of year
$36,194
Total liabilities, end of year
$23,246
Net assets, end of year
$12,948
Cash, savings and investments
$12,822
Gross receipts
$51,063

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
Rose CorneliusPresident10$0
Veronica BentChair1$0
Kevin LederTreasurer1$0

Address and contacts

Address (IRS master file)
260 TOWN HALL DRIVE, MORRISVILLE, NC 27560-5544
In care of
% CARLOTTA UNGARO
Signed the 990-EZ
Rose Cornelius, President
Return prepared by
PT CPAs PLLC

Mission

Economic development in Morrisville

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Creating a public and private partnership for economic and community development in Morrisville. Identify and foster entrepreneurship and community leaders for economic prosperity
    Expenses $51,063 · grants $51,063

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, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-0829323
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,194
Income (IRS master file)
$51,063

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$51,063$51,063$36,194XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 46-0829323).

Questions about MORRISVILLE INNOVATION FOUNDATION

What is the EIN of MORRISVILLE INNOVATION FOUNDATION?
The employer identification number (EIN) of MORRISVILLE INNOVATION FOUNDATION is 46-0829323.
Is MORRISVILLE INNOVATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MORRISVILLE INNOVATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MORRISVILLE INNOVATION FOUNDATION 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 MORRISVILLE INNOVATION 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 MORRISVILLE INNOVATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who are the officers and directors of MORRISVILLE INNOVATION FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does MORRISVILLE INNOVATION FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $51,063, expenses of $51,063 and total assets of $36,194 at year end.

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