Nonprofit · EIN 87-4024249
FOUNDATION FOR FIDUCIARY EDUCATION INC
Tax-exempt · CHARLOTTE, NC 28269
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $703,813 | $710,232 | -$6,419 | $68,582 | $0 | $68,582 |
| December 31, 2023 | 990 | $421,413 | $352,148 | $69,265 | $78,107 | $3,865 | $74,242 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $703,813
- Membership dues
- $703,813
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $25,000
- Other salaries and wages
- $111,737
- Salaries, compensation and benefits (total)
- $147,197
- Professional fundraising fees
- $0
- Legal fees
- $249
- Accounting fees
- $3,674
- Travel
- $250
- Program services (functional)
- $499,566
- Management and general (functional)
- $210,666
Balance sheet and other
- Total assets, start of year
- $78,107
- Total assets, end of year
- $68,582
- Total liabilities, end of year
- $0
- Net assets, end of year
- $68,582
- Gross receipts
- $703,813
- Employees
- 7
- Year formed
- 2021
- 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 |
|---|---|---|---|
| James R McClanahan II | Officer Officer | 40 | $25,000 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James R McClanahan II | Officer Officer | 40 | $15,385 |
Address and contacts
- Address (IRS master file)
- 8604 CLIFF CAMERON DR STE 187, CHARLOTTE, NC 28269-8529
- In care of
- % JAMES MCCLANAHAN II
- Principal officer (990 for 2024)
- James R McClanahan II, 8604 Cliff Ste 105, Charlotte, NC 28227
- Signed the 990
- JAMES MCCLANAHAN II, Officer
- Phone
- (704) 576-5919
- 990-N for 2022 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: James R McClanahan, 14818 Belle Glade Trail, Charlotte NC 28227. Mailing address: 8604 Cliff STE 105, Charlotte NC 28227.
- Return prepared by
- BR TAX SOLUTIONS
Mission
To educate and empower families through comprehensive fiduciary financial education.
Program accomplishments
- PROVIDES LITTLE TO NO COST FIDUCIARY EDUCATIONAL WORKSHOPS COVERING THE MOST RELEVANT AND CHALLENGING FINANCIAL TOPICS AMERICANS FACE TODAY IN COMMUNITIES NATIONWIDE.Expenses $499,566 · revenue $703,813
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
- 87-4024249
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $68,582
- Income (IRS master file)
- $703,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $703,813 | $710,232 | $68,582 | XML |
| 990 | December 2023 | $421,413 | $352,148 | $78,107 | XML |
| 990-N for 2022 Officer: James R McClanahan Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $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 87-4024249).
Questions about FOUNDATION FOR FIDUCIARY EDUCATION INC
- What is the EIN of FOUNDATION FOR FIDUCIARY EDUCATION INC?
- The employer identification number (EIN) of FOUNDATION FOR FIDUCIARY EDUCATION INC is 87-4024249.
- Is FOUNDATION FOR FIDUCIARY EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FOUNDATION FOR FIDUCIARY EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR FIDUCIARY EDUCATION 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 FOUNDATION FOR FIDUCIARY EDUCATION 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 FOUNDATION FOR FIDUCIARY EDUCATION 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 FOUNDATION FOR FIDUCIARY EDUCATION INC?
- The 990 for the year ended December 31, 2024 names James R McClanahan II.
- Who are the officers and directors of FOUNDATION FOR FIDUCIARY EDUCATION INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $25,000 (James R McClanahan II, Officer).
- How much revenue does FOUNDATION FOR FIDUCIARY EDUCATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $703,813, expenses of $710,232 and total assets of $68,582 at year end.
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