Nonprofit · EIN 81-2285654
BOON PHILANTHROPY INC
Tax-exempt · CUMBERLAND, RI 02864
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $140,910 | $319,965 | -$179,055 | $806,688 | $0 | $806,688 |
| December 31, 2023 | 990 | $614,203 | $307,136 | $307,067 | $988,051 | $2,308 | $985,743 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,338
- Program service revenue
- $0
- Investment income
- $11,572
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,480
- Travel
- $5,256
- Program services (functional)
- $317,555
- Management and general (functional)
- $671
- Fundraising (functional)
- $1,739
Balance sheet and other
- Total assets, start of year
- $988,051
- Total assets, end of year
- $806,688
- Total liabilities, end of year
- $0
- Net assets, end of year
- $806,688
- Net assets without donor restrictions
- $806,688
- Gross receipts
- $140,910
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- DE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM F BAGLEY | BOARD MEMBER Trustee or director, Officer | – | $0 |
| SAM BEARD | DIRECTOR Trustee or director, Officer | – | $0 |
| STEVE CARNEVALE | DIRECTOR Trustee or director, Officer | – | $0 |
| JEFFREY WILDER EARLS | SECRETARY/TR Trustee or director, Officer | – | $0 |
| DAVID HURFORD | DIRECTOR Trustee or director, Officer | – | $0 |
| PAUL TORTOLANI PHD | BOARD MEMBER Trustee or director, Officer | – | $0 |
| CATHY SANFORD | DIRECTOR Trustee or director, Officer | – | $0 |
| HENRY SINCLAIR SHERRILL | PRESIDENT Trustee or director, Officer | – | $0 |
| MARGARET STERN | DIRECTOR Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM BEARD | DIRECTOR Trustee or director, Officer | – | $0 |
| STEVE CARNEVALE | DIRECTOR Trustee or director, Officer | – | $0 |
| JEFFREY WILDER EARLS | SECRETARY/TR Trustee or director, Officer | – | $0 |
| DAVID HURFORD | DIRECTOR Trustee or director, Officer | – | $0 |
| CATHY SANFORD | DIRECTOR Trustee or director, Officer | – | $0 |
| J SEBASTIAN SCRIPPS | DIRECTOR Trustee or director, Officer | – | $0 |
| HENRY SINCLAIR SHERRILL | PRESIDENT Trustee or director, Officer | – | $0 |
| MARGARET STERN | DIRECTOR Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 51 FRONT STREET, CUMBERLAND, RI 02864-4847
- Principal officer (990 for 2024)
- HENRY SINCLAIR SHERRILL, 51 FRONT STREET SUITE 327, CUMBERLAND, RI 02864
- Signed the 990
- HENRY SINCLAIR SHERRILL, PRESIDENT
- Phone
- (617) 877-4992
- Website
- BOONPHILANTHROPY.ORG
- Return prepared by
- ERICA HOPE GUATIERI CPA LLC
Mission
THE NATION-WIDE MISSION OF BOON IS TO PROVIDE INNOVATIVE FUNDING AND STEWARDSHIP SOLUTIONS THAT ENABLE DEDICATED EDUCATORS TO HAVE KNOWLEDGE AND SKILLS THEY NEED TO HELP ALL LEARNERS BECOME STRONG READERS. TO RAISE FUNDS NATION-WIDE TO PROVIDE LOW INCOME AND MINORITY STUDENTS WITH FREE TUTORIAL INTERVENTION USING STRUCTURED LANGUAGE INSTRUCTION METHODS.
Program accomplishments
- THE BOON DONOR-FUNDED SCHOLARSHIP PROGRAM PROVIDES FUNDING TO TRAIN TEACHERS IN STRUCTURED LANGUAGE INSTRUCTION METHODS BASED ON THE SCIENCE OF READING. BOON'S TRAINING PARTNERS (SCHOLARSHIP PROVIDERS) ARE OGA (ORTON GILLINGHAM ACADEMY); IMSLEC (INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL);WILSON LANGUAGE TRAINING NONPROFIT PARTNERS, DISTRIBUTED BY DREXEL UNIVERSITY SCHOOL OF EDUCATION; STERN CENTER FOR LANGUAGE AND LEARNING; THE SLINGERLAND INSTITUTE FOR LITERACY: TOP TEN TOOLS; THE READING LEAGUE; KEYS TO LITERACY; READING SIMPLIFIED ACADEMY; AND THE WRITING REVOLUTION. SINCE THIS PROGRAM'S INCEPTION, OVER 750 TEACHERS HAVE RECEIVED FREE OR REDUCED-PRICE TRAINING.Expenses $192,550
- PLEDGE LITERACY INTERVENTIONS EXCLUSIVELY EMPLOYS WILSON LEVEL I AND II CERTIFIED READING EXPERTS TO PROVIDE 40 HOURS OF FREE PERSONALIZED READING INTERVENTION SERVICES TO LOW-INCOME AND HISTORICALLY MARGINALIZED STUDENTS FAILING TO READ AT GREADE LEVEL. ALL 68 STUDENTS WHO HVE RECEIVED THIS SERVICE HAVE IMPROVED THEIR READING PERFORMANCE BY AT LEAST ONE GRADE LEVEL.Expenses $125,005
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2285654
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $806,688
- Income (IRS master file)
- $140,910
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $140,910 | $319,965 | $806,688 | IRS |
| 990 | December 2023 | $614,203 | $307,136 | $988,051 | XML |
| 990 | December 2022 | $566,946 | $264,993 | $678,676 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 81-2285654).
Questions about BOON PHILANTHROPY INC
- What is the EIN of BOON PHILANTHROPY INC?
- The employer identification number (EIN) of BOON PHILANTHROPY INC is 81-2285654.
- Is BOON PHILANTHROPY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to BOON PHILANTHROPY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOON PHILANTHROPY 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 BOON PHILANTHROPY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOON PHILANTHROPY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BOON PHILANTHROPY INC?
- The 990 for the year ended December 31, 2024 names HENRY SINCLAIR SHERRILL.
- Who are the officers and directors of BOON PHILANTHROPY INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does BOON PHILANTHROPY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $140,910, expenses of $319,965 and total assets of $806,688 at year end.
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