Nonprofit · EIN 82-1690405
B3 FOUNDATION
Tax-exempt · TORRANCE, CA 90505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $1,015 | $741 | $274 | $640 | – | $640 |
| December 31, 2023 | 990-EZ | $25,783 | $59,107 | -$33,324 | $366 | – | $366 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,015
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $741
Balance sheet and other
- Total assets, start of year
- $366
- Total assets, end of year
- $640
- Total liabilities, end of year
- –
- Net assets, end of year
- $640
- Cash, savings and investments
- $640
- Gross receipts
- $1,015
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zachery Banner | President | 0 | $0 |
| Grace DeWitt | Board Member | 0 | $0 |
| Ryan Stern | Chairman | 0 | $0 |
| Laura Okmin | Chairman | 0 | $0 |
| Heather Masciotti | CFO | 0 | $0 |
| Marty Schafer | Board Member | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zachery Banner | President | 0 | $0 |
| Grace DeWitt | Board Member | 0 | $0 |
| Ryan Stern | Chairman | 0 | $0 |
| Laura Okmin | Chairman | 0 | $0 |
| Heather Masciotti | CFO | 0 | $0 |
| Marty Schafer | Board Member | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 25550 HAWTHORNE BLVD STE 100, TORRANCE, CA 90505-6831
- Mailing address (990-N for 2019)
- 7738 Walnut ST SW, Lakewood WA 98498
- Principal officer (990-N for 2019)
- Daniel Davis, 11433 154th Pl NE, Redmond WA 98052
- Signed the 990-EZ
- Zachery Banner, President
- Phone
- (503) 621-8373
- Website
- b3foundation.org
- Return prepared by
- Lieb Cody & Co CPAs Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 82-1690405 or by the name B3 FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Together with our community partners, we equip and empower student leaders in under-resourced communities through youth-focused programming in the form of mentorship, scholarship and community engagement.
Program accomplishments
- Together with our community partners, we equip and empower student leaders in under-resourced communities through youth-focused programming in the form of mentorship, scholarship and community engagement.
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-1690405
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $640
- Income (IRS master file)
- $1,015
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $1,015 | $741 | $640 | XML |
| 990-EZ | December 2023 | $25,783 | $59,107 | $366 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Daniel Davis | December 31, 2019 | ≤ $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 82-1690405).
Questions about B3 FOUNDATION
- What is the EIN of B3 FOUNDATION?
- The employer identification number (EIN) of B3 FOUNDATION is 82-1690405.
- Is B3 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to B3 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does B3 FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of B3 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 B3 FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of B3 FOUNDATION?
- The 990-N for 2019 names Daniel Davis.
- Who are the officers and directors of B3 FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does B3 FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $1,015, expenses of $741 and total assets of $640 at year end.
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