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Nonprofit · EIN 46-4671142

FOUNDATION BLUE INC

Tax-exempt · WESTERLY, RI 02891

Financials

$61K$65K2023$41K$51K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION BLUE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$41,387$50,739-$9,352$1,445$937$508
December 31, 2023990-EZ$60,680$64,844-$4,164$10,631$771$9,860
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,866
Program service revenue
$27,488
Investment income
$33

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$45,467
Other expenses
$5,272
Program services (functional)
$50,739

Balance sheet and other

Total assets, start of year
$10,631
Total assets, end of year
$1,445
Total liabilities, end of year
$937
Net assets, end of year
$508
Cash, savings and investments
$1,445
Gross receipts
$41,387

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
NANCY DEROCHAMBEAUDIRECTOR5$0
PATRICK HOLDENTREASURER2$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
NANCY DEROCHAMBEAUDIRECTOR5$0
JUSTON SANTOSEXECUTIVE ASSISTANT30$0
PATRICK HOLDENTREASURER2$0

Address and contacts

Address (IRS master file)
51 DUNNS CORNER RD, WESTERLY, RI 02891-5804
In care of
% NANCY DEROCHAMBEAU
Mailing address (990-N for 2018)
51 Dunns Corner Rd, Westerly RI 02891
Principal officer (990-N for 2018)
Nancy Derochambeau, 51 Dunns Corner Rd, Westerly RI 02891
Signed the 990-EZ
NANCY DEROCHAMBEAU, PRESIDENT
Return prepared by
DUFOUR & SCHMITT LTD

Mission

TO PROVIDE FINANCIAL SERVICES TO POOR

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SCHOLARSHIPS TO TWO COMMUNITY COLLEGES FOR STUDENTS MAJORING IN AUTOMOTIVE TECH
    Expenses $50,739

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for FOUNDATION BLUE INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
46-4671142
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
2015
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$1,445
Income (IRS master file)
$41,387

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$41,387$50,739$1,445XML
990-EZDecember 2023$60,680$64,844$10,631XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2018
Officer: Nancy Derochambeau
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 46-4671142).

Questions about FOUNDATION BLUE INC

What is the EIN of FOUNDATION BLUE INC?
The employer identification number (EIN) of FOUNDATION BLUE INC is 46-4671142.
Is FOUNDATION BLUE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to FOUNDATION BLUE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION BLUE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FOUNDATION BLUE 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 FOUNDATION BLUE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of FOUNDATION BLUE INC?
The 990-N for 2018 names Nancy Derochambeau.
Who are the officers and directors of FOUNDATION BLUE INC?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does FOUNDATION BLUE INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $41,387, expenses of $50,739 and total assets of $1,445 at year end.

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