Nonprofit · EIN 88-3955042
ONE EXTRA DEGREE INC
Tax-exempt · SARASOTA, FL 34238
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $32,000 | $30,691 | $1,309 | $2,309 | $0 | $2,309 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $32,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Occupancy
- $30,691
Balance sheet and other
- Total assets, start of year
- $1,000
- Total assets, end of year
- $2,309
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,309
- Cash, savings and investments
- $2,309
- Gross receipts
- $32,000
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dolan Mahoney | Chair, Board of Directors | 2 | $0 |
| John Mahoney | CEO, One Extra Degree Inc | 2 | $0 |
| Roger Weber | Treasurer, Board of Directors | 2 | $0 |
| Aiste Slenyte | Secretary, Board of Directors | 1 | $0 |
| Ron Wutila | Member, Board of Directors | 1 | $0 |
| Rich Mahoney | Member, Board of Directors | 2 | $0 |
| Mike Lewis | Member, Board of Directors | 1 | $0 |
| Mark Blaweiss | Member, Board of Directors | 1 | $0 |
| Mike Chisler | Member, Board of Directors | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8388 S TAMIAMI TR 162, SARASOTA, FL 34238-2934
- In care of
- % JOHN MAHONEY
- Mailing address (990-N for 2025)
- 8388 S TAMIAMI TR 162, SARASOTA FL 34238
- Principal officer (990-N for 2025)
- JOHN MAHONEY, 8388 S TAMIAMI TR 162, SARASOTA FL 34238
- Signed the 990-EZ
- Roger Weber, Treasurer
- Phone
- (941) 705-6644
- Website
- www.twotwelveacademy.com
Mission
Charitable Educational
Program accomplishments
- Organized to start operations in 2024.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3955042
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O99)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: JOHN MAHONEY | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $32,000 | $30,691 | $2,309 | XML |
| 990-N for 2022 Officer: Roger Weber | 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 88-3955042).
Questions about ONE EXTRA DEGREE INC
- What is the EIN of ONE EXTRA DEGREE INC?
- The employer identification number (EIN) of ONE EXTRA DEGREE INC is 88-3955042.
- Is ONE EXTRA DEGREE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to ONE EXTRA DEGREE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ONE EXTRA DEGREE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ONE EXTRA DEGREE 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 ONE EXTRA DEGREE INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of ONE EXTRA DEGREE INC?
- The 990-N for 2025 names JOHN MAHONEY.
- Who are the officers and directors of ONE EXTRA DEGREE INC?
- The 990-EZ for the year ended December 31, 2023 lists 9 people; 0 received compensation from the organization.
- How much revenue does ONE EXTRA DEGREE INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $32,000, expenses of $30,691 and total assets of $2,309 at year end.
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