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Nonprofit · EIN 81-4801995

BOYS LEAD FOUNDATION

Tax-exempt (reinstated) · RICHARDSON, TX 75080

Financials

$166K$142K2023
Revenue Expenses · by fiscal year end
Financials of BOYS LEAD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$165,500$142,476$23,024$22,000–$33,024
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$130,500
Program service revenue
$35,000

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$65,450
Professional fees and payments to contractors
$30,400
Occupancy
$20,300
Printing, publications and postage
$12,076
Other expenses
$14,250

Balance sheet and other

Total assets, start of year
$10,000
Total assets, end of year
$22,000
Total liabilities, end of year
–
Net assets, end of year
$33,024
Cash, savings and investments
$22,000
Gross receipts
$165,500

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.

NameTitleHours / weekCompensation
owolabi williamsDirector35$0

Address and contacts

Address (IRS master file)
1651 N COLLINS BLVD STE 124, RICHARDSON, TX 75080-3658
Mailing address (990-N for 2025)
1651 N Collins Blvd Ste 124, Richardson TX 75080
Principal officer (990-N for 2025)
owolabi williams, 1651 N Collins Blvd, Richardson TX 75080
Signed the 990-EZ
Olalekan Oguns, Accounts
Phone
(567) 443-0428

Mission

The primary exempt purpose of Boys Lead Foundation is to empower and educate boys and young men through mentorship, leadership development, and access to educational resources and opportunities.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • mentoring
    grants $160,500

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-4801995
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: owolabi williams
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$165,500$142,476$22,000XML
990-EZDecember 2019–––IRS
990-N for 2018
Officer: owolabi williams
December 31, 2018≤ $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 81-4801995).

Questions about BOYS LEAD FOUNDATION

What is the EIN of BOYS LEAD FOUNDATION?
The employer identification number (EIN) of BOYS LEAD FOUNDATION is 81-4801995.
Is BOYS LEAD FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to BOYS LEAD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOYS LEAD FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BOYS LEAD FOUNDATION 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 BOYS LEAD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of BOYS LEAD FOUNDATION?
The 990-N for 2025 names owolabi williams.
Who are the officers and directors of BOYS LEAD FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does BOYS LEAD FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $165,500, expenses of $142,476 and total assets of $22,000 at year end.

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