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Nonprofit · EIN 85-2848049

BABC INC

Tax-exempt · MYRTLE BEACH, SC 29572

Financials

$6K$8K2023$7K$4172024$5K$8K2025
Revenue Expenses · by fiscal year end
Financials of BABC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$4,500$7,917-$3,417$6,019$0$6,019
December 31, 2024990-PF$6,500$417$6,083$9,436$0$9,436
December 31, 2023990-PF$6,000$8,215-$2,215$3,353$0$3,353
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Other income
$4,500

Expenses

Grants and similar amounts paid
$7,500
Disbursements for charitable purposes
$7,500

Balance sheet and other

Total assets, start of year
$9,436
Total assets, end of year
$6,019
Total liabilities, end of year
$0
Net assets, end of year
$6,019
Qualifying distributions
$7,500

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MURRAY THOMAS GORE
208 LAKE DRIVE, MYRTLE BEACH, SC 29572
DIRECTOR0$0
JOSEPH B KENNEDY
230 LIVE OAK LANE, MYRTLE BEACH, SC 29572
VICE PRESIDE0$0
MIKE MORGAN
140 NORTH GATE ROAD, MYRTLE BEACH, SC 29572
SECRETARY/TR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MURRAY THOMAS GORE
208 LAKE DRIVE, MYRTLE BEACH, SC 29572
DIRECTOR0$0
JOSEPH B KENNEDY
230 LIVE OAK LANE, MYRTLE BEACH, SC 29572
VICE PRESIDE0$0
MIKE MORGAN
140 NORTH GATE ROAD, MYRTLE BEACH, SC 29572
SECRETARY/TR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MURRAY THOMAS GORE
208 LAKE DRIVE, MYRTLE BEACH, SC 29572
DIRECTOR0$0
JOSEPH B KENNEDY
230 LIVE OAK LANE, MYRTLE BEACH, SC 29572
VICE PRESIDE0$0
MIKE MORGAN
140 NORTH GATE ROAD, MYRTLE BEACH, SC 29572
SECRETARY/TR0$0

Address and contacts

Address (IRS master file)
208 LAKE DR, MYRTLE BEACH, SC 29572-5627
In care of
% MURRAY GORE
Signed the 990-PF
MURRAY THOMAS GORE, DIRECTOR
Phone
(843) 458-0769
Return prepared by
GODBOLD ROMANOV & LOVE CPAS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-2848049
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$6,019
Income (IRS master file)
$4,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$4,500$7,917$6,019XML
990-PFDecember 2024$6,500$417$9,436XML
990-PFDecember 2023$6,000$8,215$3,353XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 85-2848049).

Questions about BABC INC

What is the EIN of BABC INC?
The employer identification number (EIN) of BABC INC is 85-2848049.
Is BABC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to BABC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BABC INC file?
Form 990-PF. Private foundations file every year.
When is the next return of BABC 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 BABC INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of BABC INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does BABC INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,500, expenses of $7,917 and total assets of $6,019 at year end.

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