Nonprofit · EIN 46-1218553
FOUNDERORG INC
Tax-exempt · WILMINGTON, DE 19802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $474,008 | $1,920,973 | -$1,446,965 | $14,229,136 | $59,203 | $14,169,933 |
| December 31, 2023 | 990-PF | -$594,049 | $547,567 | -$1,141,616 | $15,662,741 | $42,274 | $15,620,467 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,000
- Dividends
- $362,284
- Net gain from sales of assets
- $86,724
Expenses
- Grants and similar amounts paid
- $729,354
- Compensation of officers, directors and key employees
- $467,134
- Salaries, compensation and benefits (total)
- $43,654
- Disbursements for charitable purposes
- $1,867,369
- Excise tax on investment income
- $5,496
Balance sheet and other
- Total assets, start of year
- $15,682,741
- Total assets, end of year
- $14,229,136
- Total liabilities, end of year
- $59,203
- Net assets, end of year
- $14,169,933
- Fair market value of assets
- $25,039,929
- Qualifying distributions
- $2,517,369
- Net investment income
- $449,008
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 |
|---|---|---|---|
| MICHAEL J BAUM 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | PRESIDENT BOARD CHAIR | 30 | $245,625 |
| CHRISTOPHER SEYBOLD 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | SECRETARY & TREASURER | 10 | $221,509 |
| JULIE CARABELLO BAUM 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | DIRECTOR | 5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J BAUM 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | PRESIDENT/BOARD CHAIR | 30 | $245,625 |
| CHRISTOPHER SEYBOLD 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | SECRETARY & TREASURER | 10 | $90,717 |
| JULIE F CARABELLO 2810 N CHURCH ST 66520, WILMINGTON, DE 198024447 | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2810 N CHURCH ST PMB 66520, WILMINGTON, DE 19802-4447
- In care of
- % CHRIS SEYBOLD
- Signed the 990-PF
- MICHAEL BAUM, PRESIDENT
- Phone
- (415) 609-6294
- Website
- www.yope.org
- Return prepared by
- EASY OFFICE DBA JITASA
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
- 46-1218553
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $14,229,136
- Income (IRS master file)
- $586,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $474,008 | $1,920,973 | $14,229,136 | XML |
| 990-PF | December 2023 | -$594,049 | $547,567 | $15,662,741 | 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 46-1218553).
Questions about FOUNDERORG INC
- What is the EIN of FOUNDERORG INC?
- The employer identification number (EIN) of FOUNDERORG INC is 46-1218553.
- Is FOUNDERORG INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FOUNDERORG INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FOUNDERORG INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FOUNDERORG 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 FOUNDERORG INC 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 FOUNDERORG INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $245,625 (MICHAEL J BAUM, PRESIDENT BOARD CHAIR).
- How much revenue does FOUNDERORG INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $474,008, expenses of $1,920,973 and total assets of $14,229,136 at year end.
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