Nonprofit · EIN 81-1303138
CG FOUNDATION INC
Tax-exempt · MOREHEAD CITY, NC 28557
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $50,797 | $19,695 | $31,102 | $76,328 | – | $76,328 |
| December 31, 2024 | 990-EZ | $52,632 | $53,389 | -$757 | $48,351 | $3,124 | $45,227 |
| December 31, 2023 | 990-EZ | $63,250 | $52,000 | $11,250 | $46,080 | $96 | $45,984 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,073
- Net income from fundraising events
- $23,724
Expenses
- Grants and similar amounts paid
- $19,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $695
- Program services (functional)
- $19,695
Balance sheet and other
- Total assets, start of year
- $48,351
- Total assets, end of year
- $76,328
- Total liabilities, end of year
- –
- Net assets, end of year
- $76,328
- Cash, savings and investments
- $74,023
- Gross receipts
- $104,566
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN W CHALK | SECRETARY | 0 | $0 |
| STEPHEN W CHALK JR | PRESIDENT | 0 | $0 |
| JAMES CHALK | DIRECTOR | 0 | $0 |
| HENRY LEN GIBBS | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN W CHALK | SECRETARY | 0 | $0 |
| STEPHEN W CHALK JR | PRESIDENT | 0 | $0 |
| JAMES CHALK | DIRECTOR | 0 | $0 |
| HENRY LEN GIBBS | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN W CHALK | SECRETARY | 0.5 | $0 |
| STEPHEN W CHALK JR | PRESIDENT | 0.5 | $0 |
| WILLIAM B CHALK | DIRECTOR | 0.5 | $0 |
| JAMES CHALK | DIRECTOR | 0.5 | $0 |
| HENRY LEN GIBBS | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1006 ARENDELL ST, MOREHEAD CITY, NC 28557-4143
- In care of
- % STEPHEN W CHALK JR
- Mailing address (990-N for 2015)
- 1006 Arendell Street, Morehead City NC 28557
- Principal officer (990-N for 2015)
- Stephen Chalk Jr, 202 Lands End Rd, Morehead City NC 28557
- Signed the 990-EZ
- STEPHEN W CHALK JR, PRESIDENT
- Phone
- (252) 241-8077
- Website
- WWW.CG-FOUNDATION.COM
- Return prepared by
- ROGERS & COMPANY CPAS PA
Mission
THE PRIMARY EXEMPT PURPOSE IS RAISING FUNDS FOR THE PREVENTION, TREATMENT AND CURE OF EPILEPSY.
Program accomplishments
- HELD ANNUAL GOLF TOURNAMENT TO RAISE MONEY FOR EPILEPSY FOUNDATION.Expenses $19,695 · grants $19,000
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 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-1303138
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G54)
- Assets (IRS master file)
- $76,328
- Income (IRS master file)
- $104,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $50,797 | $19,695 | $76,328 | IRS |
| 990-EZ | December 2024 | $52,632 | $53,389 | $48,351 | XML |
| 990-EZ | December 2023 | $63,250 | $52,000 | $46,080 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Stephen Chalk Jr | December 31, 2015 | ≤ $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 81-1303138).
Questions about CG FOUNDATION INC
- What is the EIN of CG FOUNDATION INC?
- The employer identification number (EIN) of CG FOUNDATION INC is 81-1303138.
- Is CG FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CG FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CG 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 CG FOUNDATION INC 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 CG FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of CG FOUNDATION INC?
- The 990-N for 2015 names Stephen Chalk Jr.
- Who are the officers and directors of CG FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CG FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $50,797, expenses of $19,695 and total assets of $76,328 at year end.
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All nonprofits in MOREHEAD CITY · North Carolina · Voluntary health associations and medical disciplines