Nonprofit · EIN 81-3133535
FDM FOUNDATION
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,302,361 | $4,823,075 | $479,286 | $616,162 | $0 | $616,162 |
| December 31, 2023 | 990 | $3,660,139 | $3,851,174 | -$191,035 | $136,876 | $0 | $136,876 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,302,361
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Program services (functional)
- $4,820,060
- Management and general (functional)
- $3,015
Balance sheet and other
- Total assets, start of year
- $136,876
- Total assets, end of year
- $616,162
- Total liabilities, end of year
- $0
- Net assets, end of year
- $616,162
- Gross receipts
- $5,302,361
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2016
- State of legal domicile
- NC
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JUSTIN C FORMAN | EXECUTIVE DIRECTOR Trustee or director, Officer | 2 | $0 | $296,766 | $16,950 |
| LUKAS M ROUSH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HENRY R KAESTNER | MEMBER Trustee or director | 30 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JUSTIN C FORMAN | EXECUTIVE DIRECTOR / SECRE Trustee or director, Officer | 2 | $0 | $231,750 | $8,909 |
| LUKAS M ROUSH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HENRY R KAESTNER | MEMBER Trustee or director | 30 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3201 TALL TREE PL, RALEIGH, NC 27607-6672
- In care of
- % JOHN SIVERLING
- Mailing address (990-N for 2016)
- 13850 Ballantyne Corp Pl, Charlotte NC 28277
- Principal officer (990 for 2024)
- JUSTIN FORMAN, 1905 ARMSTRONG DRIVE, ALLEN, TX 75002
- Principal officer (990-N for 2016)
- JOHN SIVERLING, 13850 Ballantyne Corp Place, Charlotte NC 28277
- Signed the 990
- JUSTIN FORMAN, EXECUTIVE DIRECTOR
- Phone
- (919) 743-2552
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
THE PURPOSE OF THE FDM FOUNDATION IS TO SUPPORT THE ACTIVITIES AND PURPOSES OF THE FAITH DRIVEN MOVEMENTS (FDM), ITS SOLE MEMBER, WHOSE MISSION IS TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE PEOPLE TO USE THEIR TIME, TALENTS, AND OTHER RESOURCES IN THE MARKETPLACE.
Program accomplishments
- FDM FOUNDATION SUPPORTS THE ACTIVITIES AND PURPOSES OF THE FAITH DRIVEN MOVEMENTS (FDM), ITS SOLE MEMBER, WHOSE MISSION IS TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE PEOPLE TO USE THEIR TIME, TALENTS, AND OTHER RESOURCES IN THE MARKETPLACE.Expenses $4,820,060
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
- 81-3133535
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $616,162
- Income (IRS master file)
- $5,302,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,302,361 | $4,823,075 | $616,162 | XML |
| 990 | December 2023 | $3,660,139 | $3,851,174 | $136,876 | XML |
| 990 | December 2022 | $3,326,981 | $4,311,488 | $327,911 | IRS |
| 990 | December 2021 | $2,652,169 | $1,339,751 | $1,312,868 | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: JOHN SIVERLING | December 31, 2016 | ≤ $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 81-3133535).
Questions about FDM FOUNDATION
- What is the EIN of FDM FOUNDATION?
- The employer identification number (EIN) of FDM FOUNDATION is 81-3133535.
- Is FDM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to FDM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does FDM FOUNDATION 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 FDM FOUNDATION 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 FDM FOUNDATION 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 FDM FOUNDATION?
- The 990 for the year ended December 31, 2024 names JUSTIN FORMAN.
- Who are the officers and directors of FDM FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FDM FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,302,361, expenses of $4,823,075 and total assets of $616,162 at year end.
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