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Nonprofit · EIN 47-1381176

BEST PAYMENTS FOUNDATION

Tax-exempt (reinstated) · DELAWARE, OH 43015

Financials

$839K$755K2023$1.2M$1.1M2024$1.9M$1.7M2025
Revenue Expenses · by fiscal year end
Financials of BEST PAYMENTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,859,526$1,677,620$181,906$442,154$0$442,154
December 31, 2024990$1,242,092$1,130,501$111,591$260,248$0$260,248
December 31, 2023990$839,270$754,904$84,366$148,657$0$148,657
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,859,526
of which government grants
$1,859,526
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$179,308
Other salaries and wages
$1,050,782
Salaries, compensation and benefits (total)
$1,321,690
Professional fundraising fees
$0
Depreciation
$4,303
Program services (functional)
$1,321,690
Management and general (functional)
$355,930

Balance sheet and other

Total assets, start of year
$260,248
Total assets, end of year
$442,154
Total liabilities, end of year
$0
Net assets, end of year
$442,154
Land, buildings and equipment
$14,203
Gross receipts
$1,859,526
Employees
32
Year formed
2014
State of legal domicile
OH

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHERRI L SCHUMMPRESIDENT
Officer
40$179,308
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
SHERRI L SCHUMMPRESIDENT
Officer
40$166,051
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
SHERRI L SCHUMMPRESIDENT
Officer
10$148,191

Address and contacts

Address (IRS master file)
1832 CASTLETON WAY, DELAWARE, OH 43015-1301
In care of
% SHERRI SCHUMM
Principal officer (990 for 2025)
SHERRI L SCHUMM, 1832 CASTLETON WAY, DELAWARE, OH 43015
Signed the 990
SHERRI SCHUMM, PRESIDENT
Phone
(614) 209-0667
Return prepared by
DeNoewer Financial Services Inc

Mission

TO PROVIDE BILL PAYMENT SERVICES TO DEVELOPMENTAL, MENTAL, AND PHYSICALLY DISABLED INDIVIDUALS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDING SERVICES TO DISABLED INDIVIDUALS.
    Expenses $1,321,690 · revenue $1,859,526

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1381176
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P50)
Assets (IRS master file)
$442,154
Income (IRS master file)
$1,859,526

Revocation and reinstatement

Exemption revoked
June 15, 2017
Posted by the IRS
September 11, 2017
Reinstated
Effective June 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,859,526$1,677,620$442,154IRS
990December 2024$1,242,092$1,130,501$260,248XML
990December 2023$839,270$754,904$148,657XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 47-1381176).

Questions about BEST PAYMENTS FOUNDATION

What is the EIN of BEST PAYMENTS FOUNDATION?
The employer identification number (EIN) of BEST PAYMENTS FOUNDATION is 47-1381176.
Is BEST PAYMENTS FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on June 15, 2017 and reinstated it effective June 15, 2017.
Are donations to BEST PAYMENTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BEST PAYMENTS 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 BEST PAYMENTS FOUNDATION 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 BEST PAYMENTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BEST PAYMENTS FOUNDATION?
The 990 for the year ended December 31, 2025 names SHERRI L SCHUMM.
Who are the officers and directors of BEST PAYMENTS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $179,308 (SHERRI L SCHUMM, PRESIDENT).
How much revenue does BEST PAYMENTS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,859,526, expenses of $1,677,620 and total assets of $442,154 at year end.

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