Nonprofit · EIN 92-1413859
CHERRY BEKAERT FOUNDATION
Tax-exempt · RALEIGH, NC 27612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $174,149 | $386,329 | -$212,180 | $884,109 | $3,060 | $881,049 |
| December 31, 2023 | 990 | $1,143,971 | $55,691 | $1,088,280 | $1,126,314 | $33,034 | $1,093,280 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $130,653
- Program service revenue
- $0
- Investment income
- $27,421
- Net income from gaming
- $16,075
- Other revenue
- $16,075
Expenses
- Grants and similar amounts paid
- $307,200
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $376,848
- Management and general (functional)
- $9,481
Balance sheet and other
- Total assets, start of year
- $1,126,314
- Total assets, end of year
- $884,109
- Total liabilities, end of year
- $3,060
- Net assets, end of year
- $881,049
- Net assets without donor restrictions
- $881,049
- Gross receipts
- $190,224
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2022
- 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 |
|---|---|---|---|
| SUSAN MOSER | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MATTHEW SOCHA | TREASURER & SECRETARY Trustee or director, Officer | 3 | $0 |
| LUIS GALLARDO | SECRETARY (THRU 9/2024) Trustee or director, Officer | 1 | $0 |
| ANN BEHRENS | DIRECTOR Trustee or director | 1 | $0 |
| JACKIE CONNOR | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA DANIEL | DIRECTOR Trustee or director | 1 | $0 |
| AMY DOSIK | DIRECTOR (THRU 9/2024) Trustee or director | 1 | $0 |
| DOUG HELM | DIRECTOR Trustee or director | 1 | $0 |
| MELISSA QUINN | DIRECTOR Trustee or director | 1 | $0 |
| BRAD SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL WEINTRAUB | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN MOSER | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MATTHEW SOCHA | TREASURER Trustee or director, Officer | 2 | $0 |
| AMANDA ADAMS | TREASURER (THRU 7/2023) Trustee or director, Officer | 1 | $0 |
| LUIS GALLARDO | SECRETARY Trustee or director, Officer | 1 | $0 |
| JACKIE CONNOR | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA DANIEL | DIRECTOR Trustee or director | 1 | $0 |
| BRAD KNUDSEN | DIRECTOR (THRU 10/2023) Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3800 GLENWOOD AVE STE 200, RALEIGH, NC 27612-4875
- In care of
- % AMANDA ADAMS
- Mailing address (990-N for 2022)
- 3800 GLENWOOD AVE STE 200, RALEIGH NC 27612
- Principal officer (990 for 2024)
- MATTHEW SOCHA, 1111 METROPOLITAN AVE 900, CHARLOTTE, NC 28204
- Principal officer (990-N for 2022)
- SUSAN MOSER, 1850 TOWERS CRESCENT PLAZA STE 200, TYSONS CORNER VA 22182
- Signed the 990
- MATTHEW SOCHA, PRESIDENT
- Phone
- (703) 584-0224
- Website
- WWW.CBH.COM/FOUNDATION
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
CHERRY BEKAERT FOUNDATION IS COMMITTED TO CARRYING OUT OUR VALUE OF MAKING A DIFFERENCE IN OUR COMMUNITIES. WE ARE FOCUSED ON IMPACTING WHERE WE LIVE AND WORK THROUGH VOLUNTEERISM AND FINANCIAL SUPPORT OF NATIONAL AND LOCAL ORGANIZATIONS. OUR DEDICATION TO STRENGTHENING OUR COMMUNITIES AND BUILDING FOR A BETTER TOMORROW IS AT THE HEART OF WHAT WE DO.
Program accomplishments
- CONNECTED EMPLOYEES TO VOLUNTEER ACTIVITIES AND SUPPORT COMMUNITY SERVICE INITIATIVES THROUGHOUT THE YEAR. CREATED A BETTER FUTURE BY PROVIDING RESOURCES AND TRAINING TO INSPIRE PHILANTHROPY AND GIVING BACK TO OUR COMMUNITIES. MADE A DIFFERENCE IN THE COMMUNITIES WHERE WE LIVE, WORK, AND PLAY THROUGH ORGANIZATIONS THAT ALIGNED WITH OUR AREAS OF FOCUS.Expenses $376,848 · grants $307,200
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
- 92-1413859
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $884,109
- Income (IRS master file)
- $190,224
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $174,149 | $386,329 | $884,109 | XML |
| 990 | December 2023 | $1,143,971 | $55,691 | $1,126,314 | XML |
| 990-N for 2022 Officer: SUSAN MOSER | 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 92-1413859).
Questions about CHERRY BEKAERT FOUNDATION
- What is the EIN of CHERRY BEKAERT FOUNDATION?
- The employer identification number (EIN) of CHERRY BEKAERT FOUNDATION is 92-1413859.
- Is CHERRY BEKAERT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to CHERRY BEKAERT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHERRY BEKAERT FOUNDATION 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 CHERRY BEKAERT FOUNDATION 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 CHERRY BEKAERT FOUNDATION 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 CHERRY BEKAERT FOUNDATION?
- The 990 for the year ended December 31, 2024 names MATTHEW SOCHA.
- Who are the officers and directors of CHERRY BEKAERT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does CHERRY BEKAERT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $174,149, expenses of $386,329 and total assets of $884,109 at year end.
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