Nonprofit · EIN 86-1229287
CHAMPIONS OF LOVE FOUNDATION INC
Tax-exempt · BOSTON, MA 02108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,291,348 | $23,163,255 | -$19,871,907 | $57,949,914 | $64,127 | $57,885,787 |
| December 31, 2023 | 990-PF | $49,058,977 | $22,942,954 | $26,116,023 | $77,650,672 | $1,730 | $77,648,942 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,028,346
- Interest
- $2,121
- Net gain from sales of assets
- $18,919
- Other income
- $241,962
Expenses
- Grants and similar amounts paid
- $22,386,377
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $139,448
- Disbursements for charitable purposes
- $22,917,604
- Excise tax on investment income
- $40,116
Balance sheet and other
- Total assets, start of year
- $77,650,672
- Total assets, end of year
- $57,949,914
- Total liabilities, end of year
- $64,127
- Net assets, end of year
- $57,885,787
- Fair market value of assets
- $58,374,752
- Qualifying distributions
- $22,917,604
- Net investment income
- $3,049,386
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENA NARDELLA 21 CHESTNUT STREET, BOSTON, MA 02108 | EMPLOYEE Highest-paid employee | 40 | $74,500 |
| BRENDA BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | PRESIDENT | 0 | $0 |
| STEPHANE BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | CO-CHAIR | 0 | $0 |
| MARINE BROTONS 21 CHESTNUT STREET, BOSTON, MA 02108 | TREASURER | 0 | $0 |
| CHLOE BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | CLERK | 0 | $0 |
| OLIVIA BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENDA BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | PRESIDENT | 0 | $0 |
| STEPHANE BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | CO-CHAIR | 0 | $0 |
| MARINE BROTONS 21 CHESTNUT STREET, BOSTON, MA 02108 | TREASURER | 0 | $0 |
| CHLOE BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | CLERK | 0 | $0 |
| OLIVIA BANCEL 21 CHESTNUT STREET, BOSTON, MA 02108 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 21 CHESTNUT ST, BOSTON, MA 02108-3601
- In care of
- % BRENDA BANCEL
- Signed the 990-PF
- BRENDA BANCEL, PRESIDENT
- Phone
- (617) 470-6932
- Website
- CHAMPIONSOFLOVE.ORG
- Return prepared by
- CBIZ ADVISORS 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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-1229287
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $57,949,914
- Income (IRS master file)
- $38,656,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,291,348 | $23,163,255 | $57,949,914 | XML |
| 990-PF | December 2023 | $49,058,977 | $22,942,954 | $77,650,672 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 86-1229287).
Questions about CHAMPIONS OF LOVE FOUNDATION INC
- What is the EIN of CHAMPIONS OF LOVE FOUNDATION INC?
- The employer identification number (EIN) of CHAMPIONS OF LOVE FOUNDATION INC is 86-1229287.
- Is CHAMPIONS OF LOVE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CHAMPIONS OF LOVE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHAMPIONS OF LOVE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHAMPIONS OF LOVE FOUNDATION 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 CHAMPIONS OF LOVE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of CHAMPIONS OF LOVE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $74,500 (JENA NARDELLA, EMPLOYEE).
- How much revenue does CHAMPIONS OF LOVE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,291,348, expenses of $23,163,255 and total assets of $57,949,914 at year end.
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