Nonprofit · EIN 85-2756670
DERRICK BROWN FOUNDATION INC
Tax-exempt · WAXHAW, NC 28173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $51,768 | $68,997 | -$17,229 | $184 | $0 | $184 |
| December 31, 2024 | 990-EZ | $92,570 | $75,647 | $16,923 | $17,413 | $0 | $17,413 |
| December 31, 2023 | 990-EZ | $89,500 | $92,501 | -$3,001 | $490 | $0 | $490 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $51,768
Expenses
- Grants and similar amounts paid
- $55,370
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $13,217
- Other expenses
- $410
- Program services (functional)
- $65,070
Balance sheet and other
- Total assets, start of year
- $17,413
- Total assets, end of year
- $184
- Total liabilities, end of year
- $0
- Net assets, end of year
- $184
- Cash, savings and investments
- $184
- Gross receipts
- $51,768
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK BROWN | PRESIDENT/DIRECTOR | 5 | $0 |
| MARTHA BROWN | VICE PRESIDENT/DIRECTOR | 5 | $0 |
| JAMES BROWN | DIRECTOR | 5 | $0 |
| GLENNIS BARNES | DIRECTOR | 5 | $0 |
| NICK SWACKARD | DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK BROWN | PRESIDENT/DIRECTOR | 5 | $0 |
| MARTHA BROWN | VICE PRESIDENT/DIRECTOR | 5 | $0 |
| JAMES BROWN | DIRECTOR | 5 | $0 |
| GLENNIS BARNES | DIRECTOR | 5 | $0 |
| NICK SWACKARD | DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK BROWN | PRESIDENT/DIRECTOR | 5 | $0 |
| MARTHA BROWN | VICE PRESIDENT/DIRECTOR | 5 | $0 |
| JAMES BROWN | DIRECTOR | 5 | $0 |
| GLENNIS BARNES | DIRECTOR | 5 | $0 |
| NICK SWACKARD | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 8407 SKYE LOCHS DR, WAXHAW, NC 28173-7466
- Mailing address (990-N for 2022)
- 8407 SKYE LOCHS DR, WAXHAW NC 281737466
- Principal officer (990-N for 2022)
- DERRICK BROWN, 8407 SKYE LOCHS DR, WAXHAW NC 28173
- Signed the 990-EZ
- DERRICK BROWN, PRESIDENT
- Phone
- (917) 261-7532
- Return prepared by
- RSM US LLP
Mission
TO EMPOWER AT-RISK YOUTH AND FAMILIES IN NEED THROUGH RESOURCE DISTRIBUTION, SCHOLARSHIPS, EDUCATIONAL ADVANCEMENT, AND MENTORSHIP-BASED PROGRAMMING.
Program accomplishments
- PROVIDING SCHOLARSHIPS INCLUDING THE GEORGIA BROWN AND BILL RIAS SCHOLARSHIP TO HONOR STUDENTS' STRENGTHS IN AND OUT OF THE CLASSROOM AND RECOGNIZE INDIVIDUALS THAT HAVE PROVEN TO BE A ROLE MODEL FOR THEIR PEERS. THE SCHOLARSHIP PROGRAM IS DESIGNED TO PROVIDE OPPORTUNITY FOR ENGAGED STUDENTS WITH PROMISING ABILITIES.Expenses $57,450 · grants $50,000
- PROVIDING VARIOUS COMMUNITY PROGRAMMING THAT EMPOWER YOUTH AND FAMILIESExpenses $7,620 · grants $5,370
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 | 990-EZ 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
- 85-2756670
- 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
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $184
- Income (IRS master file)
- $51,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $51,768 | $68,997 | $184 | IRS |
| 990-EZ | December 2024 | $92,570 | $75,647 | $17,413 | IRS |
| 990-EZ | December 2023 | $89,500 | $92,501 | $490 | XML |
| 990-N for 2022 Officer: DERRICK BROWN | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: DERRICK BROWN | 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 85-2756670).
Questions about DERRICK BROWN FOUNDATION INC
- What is the EIN of DERRICK BROWN FOUNDATION INC?
- The employer identification number (EIN) of DERRICK BROWN FOUNDATION INC is 85-2756670.
- Is DERRICK BROWN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to DERRICK BROWN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DERRICK BROWN FOUNDATION 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 DERRICK BROWN FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DERRICK BROWN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DERRICK BROWN FOUNDATION INC?
- The 990-N for 2022 names DERRICK BROWN.
- Who are the officers and directors of DERRICK BROWN FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does DERRICK BROWN FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $51,768, expenses of $68,997 and total assets of $184 at year end.
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