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Nonprofit · EIN 47-2249676

RELUME FOUNDATION INC

Tax-exempt · FAR ROCKAWAY, NY 11691

Financials

$157K$253K2023$590K$498K2024
Revenue Expenses · by fiscal year end
Financials of RELUME FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$589,961$497,825$92,136$115,713$9,561$106,152
October 31, 2024990$157,077$253,163-$96,086$56,121-$3,402$59,523
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$589,961
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$266,911
Salaries, compensation and benefits (total)
$304,461
Professional fundraising fees
$0
Accounting fees
$1,200
Occupancy
$62,300
Travel
$22,515
Program services (functional)
$412,284
Management and general (functional)
$56,361
Fundraising (functional)
$29,180

Balance sheet and other

Total assets, start of year
$56,121
Total assets, end of year
$115,713
Total liabilities, end of year
$9,561
Net assets, end of year
$106,152
Net assets without donor restrictions
$106,152
Gross receipts
$589,961
Employees
5
Year formed
2014
State of legal domicile
NY

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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Sherri AdeosunPresident
Trustee or director, Officer, Key employee
15$0
Sunday AdeosunChairman
Trustee or director, Officer
5$0
Idowu BalogunVice Chairman
Trustee or director, Officer
5$0
Natasha FergusonTreasurer
Trustee or director, Officer
5$0
990 for the year ended October 31, 2024: 4 people
NameTitleHours / weekCompensation
Sherri AdeosunPresident
Trustee or director, Officer, Key employee
15$0
Sunday AdeosunChairman
Trustee or director, Officer
5$0
Idowu BalogunVice Chairman
Trustee or director, Officer
5$0
Natasha FergusonTreasurer
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
1121 BEACH CHANNEL DR, FAR ROCKAWAY, NY 11691-2402
Mailing address (990-N for 2020)
1121 Beach Channel Drive, Rockaway NY 11691
Principal officer (990 for 2024)
Sherri Adeosun, 98 Wilson Street, East Rockaway, NY 11518
Principal officer (990-N for 2020)
Sunday Adeosun, 98 Wilson Street East, East Rockaway NY 11518
Signed the 990
Sherri Adeosun, President
Phone
(718) 915-1131
Return prepared by
The Towles Group Inc

Mission

Working to better families in the greater NYC area through education and health

990 for the year ended October 31, 2025

Program accomplishments

  • Health and education
    Expenses $497,825 · grants $577,471 · revenue $120

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

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file
2022October 31, 2023March 15, 2024990 on file

IRS record

EIN
47-2249676
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
October
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$115,713
Income (IRS master file)
$589,961

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$589,961$497,825$115,713XML
990October 2024$157,077$253,163$56,121XML
990October 2023$440,171$313,847$121,821IRS
990October 2022$479,716$531,201$28,905IRS
990-N for 2020
Officer: Sunday Adeosun
October 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Sherri Adeousn
October 31, 2019≤ $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 47-2249676).

Questions about RELUME FOUNDATION INC

What is the EIN of RELUME FOUNDATION INC?
The employer identification number (EIN) of RELUME FOUNDATION INC is 47-2249676.
Is RELUME FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to RELUME FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RELUME FOUNDATION 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 RELUME FOUNDATION INC due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RELUME FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of RELUME FOUNDATION INC?
The 990 for the year ended October 31, 2025 names Sherri Adeosun.
Who are the officers and directors of RELUME FOUNDATION INC?
The 990 for the year ended October 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does RELUME FOUNDATION INC have?
On its 990 for the year ended October 31, 2025 it reported revenue of $589,961, expenses of $497,825 and total assets of $115,713 at year end.

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