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Nonprofit · EIN 82-2095829

FOB REAL ESTATE II INC

Tax-exempt · CLEVELAND, OH 44114

Financials

$9.5M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of FOB REAL ESTATE II INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,460,758$1,696,650$7,764,108$5,251,736$3,945$5,247,791
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$605,878
Investment income
$43,540
Other revenue
$8,811,340

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$123,126
Depreciation
$1,524,776
Program services (functional)
$1,696,650

Balance sheet and other

Total assets, start of year
$10,782,208
Total assets, end of year
$5,251,736
Total liabilities, end of year
$3,945
Net assets, end of year
$5,247,791
Land, buildings and equipment
$2,312,050
Net assets without donor restrictions
$5,247,791
Gross receipts
$9,460,758
Employees
0
Volunteers
0
State of legal domicile
OH

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ADEBANJO SOLARUTRUSTEE
Trustee or director
1$0
AMANDA BRADYTRUSTEE
Trustee or director
1$0
ANDREW BENNETTTRUSTEE
Trustee or director
1$0
ANDREW GEHRLEINTRUSTEE
Trustee or director
1$0
AURORA KITKOTRUSTEE
Trustee or director
1$0
BILL FISHERTRUSTEE
Trustee or director
1$0
BRYAN SCHAUERTRUSTEE
Trustee or director
1$0
CECIL LIPSCOMBTRUSTEE
Trustee or director
1$0
CELESTE KAMASA SCOTTTRUSTEE
Trustee or director
1$0
COSMORONDE DANIELLYTRUSTEE
Trustee or director
1$0
CRAIG PANZICATRUSTEE
Trustee or director
1$0
DAN MASCAROTRUSTEE
Trustee or director
1$0
DAVE LOOMISTRUSTEE
Trustee or director
1$0
DAVID COOKTRUSTEE
Trustee or director
1$0
ED BELLTRUSTEE
Trustee or director
1$0
29 more people on this return
NameTitleHours / weekCompensation
ELLE CAROLANTRUSTEE
Trustee or director
1$0
FREE FOUTZTRUSTEE
Trustee or director
1$0
JEFF BERLINTRUSTEE
Trustee or director
1$0
JEFFREY CRISTALTRUSTEE
Trustee or director
1$0
JIM CARULASTRUSTEE
Trustee or director
1$0
JIM HUBERTRUSTEE
Trustee or director
1$0
JIM KAVALECTRUSTEE
Trustee or director
1$0
JIM LEMAYTRUSTEE
Trustee or director
1$0
JOHN KINGTRUSTEE
Trustee or director
1$0
JOHN LEMAYTRUSTEE
Trustee or director
1$0
KAREN LONG CASCIOTRUSTEE
Trustee or director
1$0
LARRY ORWINTRUSTEE
Trustee or director
1$0
LAURA MIMURATRUSTEE
Trustee or director
1$0
LAUREN MILLERTRUSTEE
Trustee or director
1$0
MARIO PENATRUSTEE
Trustee or director
1$0
MATT BREWERTRUSTEE
Trustee or director
1$0
MEG MAYHUGHTRUSTEE
Trustee or director
1$0
MICHAEL CRISTALTRUSTEE
Trustee or director
1$0
MIKE DE WINDTTRUSTEE
Trustee or director
1$0
MOLLY BROWNTRUSTEE
Trustee or director
1$0
PETER ROMETRUSTEE
Trustee or director
1$0
RUDY BENTLAGETRUSTEE
Trustee or director
1$0
SANJAY VYASTRUSTEE
Trustee or director
1$0
SEKU SHABAZZTRUSTEE
Trustee or director
1$0
SUSAN CHIANCONETRUSTEE
Trustee or director
1$0
TOM DITTOETRUSTEE
Trustee or director
1$0
TRACI FORRESTERTRUSTEE
Trustee or director
1$0
SUSAN ERTLEEXECUTIVE DIRECTOR
Officer
40$0
DOUG MANGENTREASURER
Officer
40$0

Address and contacts

Address (IRS master file)
3615 SUPERIOR AVE STE 3103A, CLEVELAND, OH 44114-4131
In care of
% JOHN ZITZNER
Principal officer (990 for 2024)
DOUG MANGEN, 3615 SUPERIOR AVE, CLEVELAND, OH 44114
Signed the 990
DOUG MANGEN, CFO
Phone
(216) 373-7801
Return prepared by
BRADY WARE & SCHOENFELD INC

Mission

OUR MISSION IS TO PERFORM FUNDRAISING AND ADVOCACY ACTIVITIES THAT EXCLUSIVELY SUPPORT THE OPERTIONS AND GROWTH OF THE BREAKTHROUGH PUBLIC SCHOOLS MANAGEMENT ORGANIZATION AND ALL ITS MEMBER SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • FOB REAL ESTATE II, INC. PROVIDES REAL ESTATE TO THE BREAKTHROUGH CHATER SCHOOL GROUP AS PART OF FRIENDS OF BREAKTHROUGH SCHOOLS. FRIENDS OF BREAKTHROUGH SCHOOLS, AND PRIOR TO THAT, FRIENDS OF E PREP, HAS A LONG HISTORY OF RAISING FUNDS TO FILL THE GAP BETWEEN THE INEQUITABLE FUNDING THE GOVERNMENT PROVIDES TO THE CHARTER SCHOOLS AND WHAT IS NEEDED.
    Expenses $1,696,650 · revenue $605,878

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
82-2095829
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
2024
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,251,736
Income (IRS master file)
$9,460,758

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,460,758$1,696,650$5,251,736IRS

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 82-2095829).

Questions about FOB REAL ESTATE II INC

What is the EIN of FOB REAL ESTATE II INC?
The employer identification number (EIN) of FOB REAL ESTATE II INC is 82-2095829.
Is FOB REAL ESTATE II INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2024.
Are donations to FOB REAL ESTATE II INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FOB REAL ESTATE II 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 FOB REAL ESTATE II INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOB REAL ESTATE II INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOB REAL ESTATE II INC?
The 990 for the year ended June 30, 2025 names DOUG MANGEN.
Who are the officers and directors of FOB REAL ESTATE II INC?
The 990 for the year ended June 30, 2025 lists 44 people; 0 received compensation from the organization.
How much revenue does FOB REAL ESTATE II INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,460,758, expenses of $1,696,650 and total assets of $5,251,736 at year end.

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