Nonprofit · EIN 81-2677182
I-55 PARTNERSHIP
Tax-exempt · STAUNTON, VA 24401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $147,806 | $150,387 | -$2,581 | $60,857 | $591 | $60,266 |
| December 31, 2024 | 990-EZ | $121,703 | $161,477 | -$39,774 | $66,901 | $4,054 | $62,847 |
| December 31, 2023 | 990-EZ | $141,858 | $137,771 | $4,087 | $112,460 | $9,839 | $102,621 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $147,806
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $112,356
- Professional fees and payments to contractors
- $7,407
- Printing, publications and postage
- $1,062
- Other expenses
- $29,562
Balance sheet and other
- Total assets, start of year
- $66,901
- Total assets, end of year
- $60,857
- Total liabilities, end of year
- $591
- Net assets, end of year
- $60,266
- Cash, savings and investments
- $60,857
- Gross receipts
- $147,806
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 |
|---|---|---|---|
| STEVEN M YOUNG | PRESIDENT | 50 | $0 |
| SHELIA M YOUNG | SECRETARY | 25 | $0 |
| SHEILA A FAIR | TREASURER | 10 | $0 |
| BILL YOUNG | CHAIRMAN | 2 | $0 |
| BRYAN MURFREE | BOARD MEMBER | 2 | $0 |
| KAREN HARRISON | BOARD MEMBER | 2 | $0 |
| DEBBIE MORLOCK | BOARD MEMBER | 2 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN M YOUNG | PRESIDENT | 50 | $0 |
| SHELIA M YOUNG | SECRETARY | 25 | $0 |
| SHEILA A FAIR | TREASURER | 10 | $0 |
| BILL YOUNG | CHAIRMAN | 2 | $0 |
| BRYAN MURFREE | BOARD MEMBER | 2 | $0 |
| KAREN HARRISON | BOARD MEMBER | 2 | $0 |
| DEBBIE MORLOCK | BOARD MEMBER | 2 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN M YOUNG | PRESIDENT | 50 | $0 |
| SHELIA M YOUNG | SECRETARY | 25 | $0 |
| SHEILA A FAIR | TREASURER | 10 | $0 |
| BILL YOUNG | CHAIRMAN | 2 | $0 |
| BRYAN MURFREE | BOARD MEMBER | 2 | $0 |
| KAREN HARRISON | BOARD MEMBER | 2 | $0 |
| DEBBIE MORLOCK | BOARD MEMBER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 304 BON LEA DR, STAUNTON, VA 24401-8508
- Signed the 990-EZ
- STEVEN M YOUNG, PRESIDENT
- Phone
- (540) 290-1988
- Website
- WWW.I-55PARTNERSHIP.COM
- Return prepared by
- CARDINAL FINANCIAL & TAX LTD
Mission
MINISTRY TO INTL UNIVERSITY STUDENTS
Program accomplishments
- TEACHING ENGLISH CLASSES TO INTERNATIONAL STUDENTS
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
- 81-2677182
- 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)
- Religion-related (X20)
- Assets (IRS master file)
- $60,857
- Income (IRS master file)
- $147,806
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $147,806 | $150,387 | $60,857 | XML |
| 990-EZ | December 2024 | $121,703 | $161,477 | $66,901 | XML |
| 990-EZ | December 2023 | $141,858 | $137,771 | $112,460 | 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: 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 81-2677182).
Questions about I-55 PARTNERSHIP
- What is the EIN of I-55 PARTNERSHIP?
- The employer identification number (EIN) of I-55 PARTNERSHIP is 81-2677182.
- Is I-55 PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to I-55 PARTNERSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I-55 PARTNERSHIP 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 I-55 PARTNERSHIP 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 I-55 PARTNERSHIP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of I-55 PARTNERSHIP?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does I-55 PARTNERSHIP have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $147,806, expenses of $150,387 and total assets of $60,857 at year end.
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