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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 95-4275835

BON FOUNDATION

Tax-exempt · CORNING, NY 14830

Financials

$40K$62K2023$40K$5K2024
Revenue Expenses · by fiscal year end
Financials of BON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$39,863$4,790$35,073$95,459$0$95,459
December 31, 2023990$39,708$62,051-$22,343$60,386$0$60,386
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$39,863
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$250
Program services (functional)
$4,540
Management and general (functional)
$250

Balance sheet and other

Total assets, start of year
$60,386
Total assets, end of year
$95,459
Total liabilities, end of year
$0
Net assets, end of year
$95,459
Gross receipts
$39,863
Employees
0
Year formed
1989
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
CHELSEA AMBROSEOFFICER
Trustee or director
–$0
JONATHAN KRAMER MDDIRECTOR
Trustee or director
–$0
JO A MORSE-CLOUGHOFFICER
Trustee or director
–$0
SUSAN NEWSTEADDIRECTOR
Trustee or director
–$0
VICKI JENKINS PHDDIRECTOR
Trustee or director
–$0
KIT SAWYERDIRECTOR
Trustee or director
–$0
LYNN WINTERSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
CHELSEA AMBROSEOFFICER
Trustee or director
–$0
JONATHAN KRAMER MDDIRECTOR
Trustee or director
–$0
JO A MORSE-CLOUGHOFFICER
Trustee or director
–$0
SUSAN NEWSTEADDIRECTOR
Trustee or director
–$0
VICKI JENKINS PHDDIRECTOR
Trustee or director
–$0
KIT SAWYERDIRECTOR
Trustee or director
–$0
LYNN WINTERSDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
2571 DAVIS RD, CORNING, NY 14830-9403
In care of
% KARAN SHELLEY
Principal officer (990 for 2024)
JO A MORSE-CLOUGH, 8 LYONS DR, HORSEHEADS, NY 14845
Signed the 990
JO A MORSE-CLOUGH, OFFICER
Phone
(607) 426-2644
Return prepared by
CAVACO MANAGEMENT GROUP LTD

Mission

TO ASSIST TIBETAN BON PO REFUGEES WHO HAVE SETTLED IN INDIA AND HELP PRESERVE THE ANCIENT TRADITIONS OF BON, THE INDIGENOUSE CULTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL WELFARE
  • CHILDRENS WELFARE
  • SPECIAL PROJECTS
  • OTHER
    Expenses $4,540

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for BON FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
95-4275835
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
1990
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$95,459
Income (IRS master file)
$39,863

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$39,863$4,790$95,459XML
990December 2023$39,708$62,051$60,386XML
990December 2022$43,581$18,749$82,729IRS
990December 2021–––IRS
990December 2020–––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 95-4275835).

Questions about BON FOUNDATION

What is the EIN of BON FOUNDATION?
The employer identification number (EIN) of BON FOUNDATION is 95-4275835.
Is BON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to BON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BON FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BON 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 BON 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 BON FOUNDATION?
The 990 for the year ended December 31, 2024 names JO A MORSE-CLOUGH.
Who are the officers and directors of BON FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does BON FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $39,863, expenses of $4,790 and total assets of $95,459 at year end.

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