Nonprofit · EIN 84-4411313
EXPERIENCE REALITY INC
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $114,778 | $630,876 | -$516,098 | $6,196,518 | $439,830 | $5,756,688 |
| December 31, 2023 | 990 | $5,708,573 | $148,407 | $5,560,166 | $6,372,786 | $100,000 | $6,272,786 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $54,503
- Program service revenue
- $0
- Investment income
- $39
- Net rental income
- $60,236
- Other revenue
- $60,236
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $9,675
- Salaries, compensation and benefits (total)
- $12,932
- Professional fundraising fees
- $0
- Management and general (functional)
- $630,876
Balance sheet and other
- Total assets, start of year
- $6,372,786
- Total assets, end of year
- $6,196,518
- Total liabilities, end of year
- $439,830
- Net assets, end of year
- $5,756,688
- Land, buildings and equipment
- $6,100,502
- Net assets without donor restrictions
- $5,756,688
- Gross receipts
- $129,542
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY Y MCSWAIN | PRESIDENT AND CEO Trustee or director, Officer | 20 | $0 |
| CAMERON V BOLTES | SECRETARY Trustee or director, Officer | 0 | $0 |
| BOYD W HARRIS | TREASURER Trustee or director, Officer | 0 | $0 |
| ADAM COMBS | BOARD MEMBER Trustee or director | 0 | $0 |
| BUFFY SMITH | BOARD MEMBER Trustee or director | 0 | $0 |
| DAVID SITTSER | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY Y MCSWAIN | PRESIDENT AND CEO Trustee or director, Officer | 20 | $0 |
| CAMERON V BOLTES | SECRETARY Trustee or director, Officer | 0 | $0 |
| BOYD W HARRIS | TREASURER Trustee or director, Officer | 0 | $0 |
| ADAM COMBS | BOARD MEMBER Trustee or director | 0 | $0 |
| BUFFY SMITH | BOARD MEMBER Trustee or director | 0 | $0 |
| DAVID SITTSER | BOARD MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 309 NORTHWOOD CIR, DURHAM, NC 27701-2252
- In care of
- % DR JEFF MCSWAIN
- Mailing address (990-N for 2020)
- 309 Northwood Circle, Durham NC 27701
- Principal officer (990 for 2024)
- JEFFREY Y MCSWAIN, 309 NORTHWOOD CIRCLE, DURHAM, NC 27701
- Principal officer (990-N for 2020)
- Jeff McSwain, 309 Northwood Circle, Durham NC 27701
- Signed the 990
- JEFFREY Y MCSWAIN, PRESIDENT
- Phone
- (919) 632-4279
- Website
- experiencereality.org
- Return prepared by
- BRUNKE & COMPANY LLC
Mission
CHRISTIAN CONFERENCE, RETREAT, AND STUDY CENTER
Program accomplishments
- TO AQUIRE REAL PROPERTY FOR FULLFILLING PURPOSE OF THE ORGANIZATIONExpenses $15,419 · revenue $75,000
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-4411313
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $6,196,518
- Income (IRS master file)
- $129,542
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $114,778 | $630,876 | $6,196,518 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $5,708,573 | $148,407 | $6,372,786 | XML |
| 990 | December 2022 | $40,795 | $38,707 | $812,620 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Jeff McSwain | December 31, 2020 | ≤ $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 84-4411313).
Questions about EXPERIENCE REALITY INC
- What is the EIN of EXPERIENCE REALITY INC?
- The employer identification number (EIN) of EXPERIENCE REALITY INC is 84-4411313.
- Is EXPERIENCE REALITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to EXPERIENCE REALITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXPERIENCE REALITY 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 EXPERIENCE REALITY INC 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 EXPERIENCE REALITY INC 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 EXPERIENCE REALITY INC?
- The 990 for the year ended December 31, 2024 names JEFFREY Y MCSWAIN.
- Who are the officers and directors of EXPERIENCE REALITY INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does EXPERIENCE REALITY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $114,778, expenses of $630,876 and total assets of $6,196,518 at year end.
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