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Nonprofit · EIN 85-1063640

ICON360 INC

Tax-exempt · BROOKLYN, NY 11203

Financials

$699K$818K2022$566K$433K2024
Revenue Expenses · by fiscal year end
Financials of ICON360 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$566,466$433,472$132,994$286,331$28,301$258,030
December 31, 2022990$698,798$818,216-$119,418$261,267$304,100-$42,833
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$566,466
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$200,420
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$15,099
Travel
$10,549
Program services (functional)
$290,322
Management and general (functional)
$67,619
Fundraising (functional)
$75,531

Balance sheet and other

Total assets, start of year
$177,887
Total assets, end of year
$286,331
Total liabilities, end of year
$28,301
Net assets, end of year
$258,030
Net assets without donor restrictions
-$75,722
Net assets with donor restrictions
$333,752
Gross receipts
$566,466
Employees
0
Year formed
2020
State of legal domicile
TN

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 / weekCompensation
BRANDICE DANIELPresident
Trustee or director, Officer
2.5$0
TAMARA SMITHTreasurer
Trustee or director, Officer
1$0
KIMBERLY PERRYSecretary
Trustee or director, Officer
1$0
990 for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
BRANDICE DANIELPresident
Trustee or director, Officer
2.5$0
TAMARA WOLLISTONTreasurer
Trustee or director, Officer
1$0
KIMBERLY PERRYSecretary
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
607 E 55TH ST, BROOKLYN, NY 11203-6003
In care of
% BRANDICE HENDERSON
Signed the 990
BRANDICE DANIEL, President
Phone
(901) 335-2361
990-N for 2023 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: BRANDICE HENDERSON, 607 E 55TH STREET, BROOKLYN NY 11203. Mailing address: 607 E 55TH STREET, BROOKLYN NY 11203. Website: HTTPS://WWW.HFRICON360.COM/
Return prepared by
BONN DIOGUARDI & RAY LLP

Mission

ICON360'S MISSION IS TO PROVIDE FINANCIAL RESOURCES AND INDUSTRY CONNECTIONS FOR HBCUS AND MARGINALIZED DESGINERS OF COLOR TO ACHIEVE SUSTAINABLE GROWTH IN THE FASHION INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • ICON360 AWARDS GRANTS TO BIPOC DESIGNERS WHICH PROVIDED CAPITAL AND COACHING TO SCALE THEIR BUSINESSES. THE GRANTS ARE IN SUPPORT OF HISTORICALLY BLACK COLLEGES, UNIVERSITIES (HBCUS), & INDIVIDUALS FOR PROGRAMS IN EITHER FASHION DESIGN, FASHION MERCHANDISING, OR ARTS PROGRAMS.
    Expenses $290,322 · grants $200,420

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-N on file

IRS record

EIN
85-1063640
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$286,331
Income (IRS master file)
$566,466

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$566,466$433,472$286,331XML
990-N for 2023
Officer: BRANDICE HENDERSON
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2022$698,798$818,216$261,267XML
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 85-1063640).

Questions about ICON360 INC

What is the EIN of ICON360 INC?
The employer identification number (EIN) of ICON360 INC is 85-1063640.
Is ICON360 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to ICON360 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ICON360 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 ICON360 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 ICON360 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of ICON360 INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ICON360 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $566,466, expenses of $433,472 and total assets of $286,331 at year end.

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