Nonprofit · EIN 54-1856427
NEREA SCHOLARSHIP FUND
Tax-exempt · VIRGINIA BCH, VA 23466
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $8,947 | $5,200 | $3,747 | $6,670 | – | $6,670 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $8,947
Expenses
- Grants and similar amounts paid
- $5,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $200
Balance sheet and other
- Total assets, start of year
- $2,923
- Total assets, end of year
- $6,670
- Total liabilities, end of year
- –
- Net assets, end of year
- $6,670
- Cash, savings and investments
- $6,670
- Gross receipts
- $8,947
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM WILLIAMS | PRESIDENT | 0 | $0 |
| PETER BRATKE | VICE PRESIDENT | 0 | $0 |
| GERARD FANTANO | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 62189, VIRGINIA BCH, VA 23466-2189
- In care of
- % NAVY EXCHANGE RETIRED EMPLY ASSN
- Mailing address (990-N for 2024)
- PO BOX 62189, VIRGINIA BEACH VA 234662189
- Principal officer (990-N for 2024)
- TOM WILLIAMS, PO BOX 62189, Virginia Beach VA 23466
- Signed the 990-EZ
- TOM WILLIAMS, PRESIDENT
- Phone
- (757) 287-7546
- Return prepared by
- HRB TAX GROUP INC
Mission
SCHOLARSHIP AWARDS TO QUALIFIED STUDENTS
Program accomplishments
- THREE SCHOLARSHIP GRANTS IN THE AMOUNT OF $5,000. ALL SCHOLARSHIP GRANTS WERE SENT DIRECTLY TO THE RESPECTIVE UNIVERSITIES/COLLEGES TO BE APPPLIED TOWARD THE TUITION OF EACH STUDENT
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 54-1856427
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: TOM WILLIAMS | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $8,947 | $5,200 | $6,670 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 54-1856427).
Questions about NEREA SCHOLARSHIP FUND
- What is the EIN of NEREA SCHOLARSHIP FUND?
- The employer identification number (EIN) of NEREA SCHOLARSHIP FUND is 54-1856427.
- Is NEREA SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEREA SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEREA SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of NEREA SCHOLARSHIP FUND 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 NEREA SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
- Who is the principal officer of NEREA SCHOLARSHIP FUND?
- The 990-N for 2024 names TOM WILLIAMS.
- Who are the officers and directors of NEREA SCHOLARSHIP FUND?
- The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEREA SCHOLARSHIP FUND have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $8,947, expenses of $5,200 and total assets of $6,670 at year end.
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