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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 47-1869958

MOLDING LIVES INC

Tax-exempt · JAMAICA, NY 11434

Financials

$189K$183K2022$155K$153K2023
Revenue Expenses · by fiscal year end
Financials of MOLDING LIVES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2024990-EZ$155,334$153,000$2,334$21,873$0$21,873
August 31, 2023990-EZ$189,000$182,500$6,500$19,539$0$19,539
Financial details: 990-EZ for the year ended August 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$155,334
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$115,000
Professional fees and payments to contractors
$5,000
Occupancy
$1,500
Printing, publications and postage
$1,500

Balance sheet and other

Total assets, start of year
$19,539
Total assets, end of year
$21,873
Total liabilities, end of year
$0
Net assets, end of year
$21,873
Cash, savings and investments
$21,873
Gross receipts
$155,334

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 August 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lorraine StephensonPresident25$0
Christine PowellVice President40$0
Errol SamuelsTreasuer10$0
990-EZ for the year ended August 31, 2023: 3 people
NameTitleHours / weekCompensation
Lorraine StephensonPresident25$0
Christine PowellVice President40$0
Errol SamuelsTreasuer10$0

Address and contacts

Address (IRS master file)
13011 176TH PL, JAMAICA, NY 11434-5849
In care of
% LORRAINE STEPHENSON
Mailing address (990-N for 2017)
13011 176TH PL, JAMAICA NY 11434
Principal officer (990-N for 2017)
Lorraine Stephenson, 13011 176TH PL, JAMAICA NY 11434
Signed the 990-EZ
Nadine Powell, treasurer
Phone
(914) 760-6103

Mission

Molding Lives Inc offers enrichment programs such as gardening and art club, soccer and basketball camp in addition to it's regular afterschool homework and reading program. Molding Lives provides weekend services for families that require additional help. Molding Lives Inc @ New Bridges elementary is an after school program with capacity for 172 students. Families pay a weekly fee which is calculated on a sliding scale ranging from $0-60.

990-EZ for the year ended August 31, 2024

Program accomplishments

  • Molding Lives was able to extend services beyond the traditional school day. Molding Lives was also able to continue our annual back to school giveaway. In addition we were able to assist 2 staff members with paying for classes to advance their careers and assisted 1 staff member to navigate an unfortunate housing crisis.
    grants $15,000

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990-EZ on file

File the 2025 990-EZ for MOLDING LIVES INC

Due January 15, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
47-1869958
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
2015
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$21,873
Income (IRS master file)
$155,334

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZAugust 2024$155,334$153,000$21,873XML
990-EZAugust 2023$189,000$182,500$19,539XML
990-EZAugust 2022–––IRS
990-EZAugust 2021–––IRS
990-EZAugust 2020–––IRS
990-N for 2017
Officer: Lorraine Stephenson
August 31, 2018≤ $50,000 receipts––e-Postcard
990-EZAugust 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 47-1869958).

Questions about MOLDING LIVES INC

What is the EIN of MOLDING LIVES INC?
The employer identification number (EIN) of MOLDING LIVES INC is 47-1869958.
Is MOLDING LIVES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to MOLDING LIVES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOLDING LIVES INC 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 MOLDING LIVES INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MOLDING LIVES INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2024.
Who is the principal officer of MOLDING LIVES INC?
The 990-N for 2017 names Lorraine Stephenson.
Who are the officers and directors of MOLDING LIVES INC?
The 990-EZ for the year ended August 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MOLDING LIVES INC have?
On its 990-EZ for the year ended August 31, 2024 it reported revenue of $155,334, expenses of $153,000 and total assets of $21,873 at year end.

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