Nonprofit · EIN 83-1859380
NORTHEAST FRANKLIN REVITALIZATION
Tax-exempt · LOUISBURG, NC 27549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $20,000 | $33,284 | -$13,284 | $13,061 | – | $13,061 |
| December 31, 2023 | 990-EZ | $28,950 | $37,923 | -$8,973 | $26,345 | – | $26,345 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,000
Expenses
- Grants and similar amounts paid
- $17,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,010
- Printing, publications and postage
- $677
- Other expenses
- $10,597
Balance sheet and other
- Total assets, start of year
- $26,345
- Total assets, end of year
- $13,061
- Total liabilities, end of year
- –
- Net assets, end of year
- $13,061
- Cash, savings and investments
- $13,061
- Gross receipts
- $20,000
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 |
|---|---|---|---|
| DR JIM FOSTER | Chairman | 10 | $0 |
| ALICE FAYE HUNTER | Secretary | 5 | $0 |
| MARK SPEED | VICE CHAIR | 5 | $0 |
| REX FOSTER | Executive Dir. | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JIM FOSTER | Chairman | 10 | $0 |
| ALICE FAYE HUNTER | Secretary | 5 | $0 |
| MARK SPEED | VICE CHAIR | 5 | $0 |
| REX FOSTER | Executive Dir. | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3221 NC 58 HWY, LOUISBURG, NC 27549-8077
- In care of
- % RANDALL B THOMAS
- Signed the 990-EZ
- REX FOSTER, Executive Dir.
- Phone
- (919) 853-3895
- Return prepared by
- MAY & PLACE PA
Mission
TO ENCOURAGE AND SUPPORT ENTREPRENEURIAL EFFORTS IN REVITALIZING NORTHEASTERN FRANKLIN COUNTY.
Program accomplishments
- TO PROVIDE FUNDING TO ENCOURAGE AND SUPPORT ECONOMIC DEVELOPMENT IN NORTHEASTERN FRANKLIN COUNTY
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
- 83-1859380
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S32)
- Assets (IRS master file)
- $13,061
- Income (IRS master file)
- $20,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $20,000 | $33,284 | $13,061 | XML |
| 990-EZ | December 2023 | $28,950 | $37,923 | $26,345 | XML |
| 990-EZ | December 2022 | – | – | – | 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 83-1859380).
Questions about NORTHEAST FRANKLIN REVITALIZATION
- What is the EIN of NORTHEAST FRANKLIN REVITALIZATION?
- The employer identification number (EIN) of NORTHEAST FRANKLIN REVITALIZATION is 83-1859380.
- Is NORTHEAST FRANKLIN REVITALIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to NORTHEAST FRANKLIN REVITALIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTHEAST FRANKLIN REVITALIZATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of NORTHEAST FRANKLIN REVITALIZATION 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 NORTHEAST FRANKLIN REVITALIZATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of NORTHEAST FRANKLIN REVITALIZATION?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does NORTHEAST FRANKLIN REVITALIZATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $20,000, expenses of $33,284 and total assets of $13,061 at year end.
Other nonprofits in LOUISBURG
- WALK WORTHY SOCIETY EIN 93-3458385 · last filed 990-N for 2024
- LOUISBURG COLLEGE EIN 56-0547511 · last filed 990 for 2025
- CHILDS GARDEN SCHOOL INC EIN 56-2240848 · last filed 990 for 2025
- TAR RIVER LAND CONSERVANCY EIN 31-1742900 · last filed 990 for 2025
- SAFE SPACE INC EIN 56-2009319 · last filed 990 for 2025
- ST PAUL PRESBYTERIAN CHURCH DAY CARE CENTER EIN 56-1149068 · last filed 990 for 2025
- WHITE LEVEL RURAL FIRE DEPARTMENT EIN 56-1202796 · last filed 990 for 2025
- FRANKLIN COUNTY VOLUNTEERS IN MEDICINE CLINIC INC EIN 32-0070225 · last filed 990-N for 2018
All nonprofits in LOUISBURG · North Carolina · Community improvement and capacity building