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Nonprofit · EIN 83-2334254

FUND FOR OLIVET BOYS & GIRLS CLUB

Tax-exempt · READING, PA 19611

Financials

$33K$3K2023$127K$147K2024
Revenue Expenses · by fiscal year end
Financials of FUND FOR OLIVET BOYS & GIRLS CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$127,446$147,195-$19,749$2,374,856$5,280$2,369,576
December 31, 2023990$32,797$3,387$29,410$2,254,935$8,667$2,246,268
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$127,446
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$147,195

Balance sheet and other

Total assets, start of year
$2,254,935
Total assets, end of year
$2,374,856
Total liabilities, end of year
$5,280
Net assets, end of year
$2,369,576
Publicly traded securities
$2,374,856
Net assets without donor restrictions
$2,369,576
Gross receipts
$127,446
Employees
0
Volunteers
3
Year formed
2018
State of legal domicile
PA

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.

NameTitleHours / weekCompensationFrom related orgs
RICK PEREZCEO AS OF JUNE 2024
Officer
1$0$70,000
RACHEL KUHNCHAIRMAN
Trustee or director, Officer
1$0$0
JOHN MASSAROVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MICHAEL J MIZAK JRSECRETARY AND TREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHRIS WINTERSTRUSTEE
Institutional trustee
1$0$118,540$25,633
RACHEL KUHNCHAIR
Trustee or director, Officer
1$0$0$0
JOHN MASSAROIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
SABRENA ELMARZOUKYCO-CHAIR THRU MAY 2023
Trustee or director, Officer
1$0$0$0
ALNEASA JORDANVICE CHAIR AS OF JUNE 2023
Trustee or director, Officer
1$0$0$0
ROGER GRAYSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
ERIN CHURICODIRECTOR
Trustee or director
1$0$0$0
JACK GOMBACHDIRECTOR
Trustee or director
1$0$0$0
TONYA PETRUNAKDIRECTOR THRU MAY 2023
Trustee or director
1$0$0$0
MIKE MIZAKDIRECTOR
Trustee or director
1$0$0$0
TODD GOODDIRECTOR
Trustee or director
1$0$0$0
KEITH MOONEYSOLICITOR
Trustee or director
1$0$0$0
PAUL ROSADIRECTOR THRU APRIL 2023
Trustee or director
1$0$0$0
WYNTON BUTLERDIRECTOR
Trustee or director
1$0$0$0
MOLLY MAACKDIRECTOR
Trustee or director
1$0$0$0
RONALD MIKSIEWICZDIRECTOR
Trustee or director
1$0$0$0
KARISSA RODRIGUEZDIRECTOR
Trustee or director
1$0$0$0
BILL DORWARDDIRECTOR AS OF JUNE 2023
Trustee or director
1$0$0$0
RICK PEREZCEO AS OF JUNE 2024
Officer
0$0$0$0

Address and contacts

Address (IRS master file)
1161 PERSHING BLVD, READING, PA 19611-1701
In care of
% ALLEN REESE
Principal officer (990 for 2024)
MICHAEL J MIZAK JR, 1161 PERSHING BLVD, READING, PA 19611
Signed the 990
MICHAEL J MIZAK JR, SECRETARY AND TREASURER
Phone
(610) 373-1314
Return prepared by
HERBEIN COMPANY INC

Mission

THE FUND PROVIDES SUPPORT TO THE OLIVET BOYS & GIRLS CLUB TO CARRY OUT THEIR MISSION OF ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE MOST IN NEED, TO REACH THEIR FULL POTENTIAL AS HEALTHY, PRODUCTIVE, CARING, RESPONSIBLE CITIZENS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FUND WAS ESTABLISHED TO PROVIDE LIABILITY PROTECTION FOR THE ASSETS OF THE FORMER MCCORMICK FOUNDATION AND TO ENSURE THAT THESE ASSETS ARE NOT EXPOSED TO THE CREDITORS OF OLIVET OR TO ANY LIABILITIES ARISING FROM OLIVET'S ACTIVITIES. THESE ASSETS OPERATE LIKE AN ENDOWMENT-TYPE FUND AND HAVE BEEN USED BY THE FUND TO PAY AN ANNUAL DISTRIBUTION TO OLIVET TO HELP SUPPORT YOUTH PROGRAMS AND SERVICES. AS THE SOLE MEMBER AND PARENT CORPORATION OF OLIVET, THE FUND EXERCISES GOVERNANCE OVERSIGHT BY APPROVING CERTAIN FUNDAMENTAL TRANSACTIONS OF OLIVET. THE FUND WAS ALSO ESTABLISHED TO HELP FURTHER THE DEVELOPMENT CAPABILITIES OF OLIVET AND POSSIBLY MAKE MORE FUNDING AVAILABLE TO SUPPORT THE MISSION IN THE COMMUNITY. THE FUND IS TO ASSIST OLIVET WITH FUNDRAISING ACTIVITIES FOR LARGER DONATIONS SUCH AS PLANNED GIVING AND A MAJOR GIFTS PROGRAM. THE FUND'S DEVELOPMENT ACTIVITIES ARE NOT FULLY OPERATIONAL.
    Expenses $147,195 · revenue $127,446

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2334254
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,374,856
Income (IRS master file)
$127,446

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$127,446$147,195$2,374,856IRS
990December 2023$32,797$3,387$2,254,935XML
990December 2022$31,546$5,280$1,942,612IRS
990December 2021–––IRS
990December 2020–––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 83-2334254).

Questions about FUND FOR OLIVET BOYS & GIRLS CLUB

What is the EIN of FUND FOR OLIVET BOYS & GIRLS CLUB?
The employer identification number (EIN) of FUND FOR OLIVET BOYS & GIRLS CLUB is 83-2334254.
Is FUND FOR OLIVET BOYS & GIRLS CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FUND FOR OLIVET BOYS & GIRLS CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does FUND FOR OLIVET BOYS & GIRLS CLUB 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 FUND FOR OLIVET BOYS & GIRLS CLUB 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 FUND FOR OLIVET BOYS & GIRLS CLUB 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 FUND FOR OLIVET BOYS & GIRLS CLUB?
The 990 for the year ended December 31, 2024 names MICHAEL J MIZAK JR.
Who are the officers and directors of FUND FOR OLIVET BOYS & GIRLS CLUB?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FUND FOR OLIVET BOYS & GIRLS CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $127,446, expenses of $147,195 and total assets of $2,374,856 at year end.

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