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Nonprofit · EIN 03-0221341

THE FOLD INC

Also known as FOLD FAMILY MINISTRIES

Tax-exempt · LYNDONVILLE, VT 05851

Financials

$334K$222K2023$316K$215K2024
Revenue Expenses · by fiscal year end
Financials of THE FOLD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$316,181$215,187$100,994$998,694$2,880$995,814
June 30, 2024990$333,531$222,075$111,456$906,653$11,832$894,821
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$268,950
of which government grants
$268,950
Program service revenue
$0
Investment income
$47,231
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$145,149
Salaries, compensation and benefits (total)
$157,279
Professional fundraising fees
$0
Accounting fees
$3,418
Occupancy
$11,834
Program services (functional)
$195,861
Management and general (functional)
$9,070
Fundraising (functional)
$10,256

Balance sheet and other

Total assets, start of year
$906,653
Total assets, end of year
$998,694
Total liabilities, end of year
$2,880
Net assets, end of year
$995,814
Net assets without donor restrictions
$995,814
Gross receipts
$316,181
Employees
6
Year formed
1967
State of legal domicile
VT

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SCOTT RANCOURTEXECUTIVE DIRECTOR
Trustee or director
40$74,011
PAUL SOMERVILLEMEMBER
Trustee or director
2$0
BILL BEAULACBOARD CHAIRMAN
Trustee or director, Officer
2$0
ROD AMESVICE CHAIR
Trustee or director, Officer
2$0
JON KUNIHOLMTREASURER
Trustee or director, Officer
2$0
BILL SIMMONSSECRETARY
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
SCOTT RANCOURTEXECUTIVE DIRECTOR
Trustee or director
40$0
PAUL SOMERVILLEMEMBER
Trustee or director
2$0
BILL SIMMONSSECRETARY
Trustee or director, Officer
2$0
BILL BEAULACBOARD CHAIRMAN
Trustee or director, Officer
2$0
ROD AMESVICE CHAIR
Trustee or director, Officer
2$0
JON KUNIHOLMTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 1188, LYNDONVILLE, VT 05851-1188
In care of
% BILL BEAULAC
Signed the 990
BILL BEAULAC, BOARD CHAIRMAN
Phone
(802) 274-4732
Return prepared by
S&D Accounting Services LLC

Mission

ELEVATION CHRISTIAN ACADEMY PROVIDES A NUTURING DAY SCHOOL ENVIRONMENT FOR AT-RISK YOUTH BETWEEN THE AGES OF 11 AND 17.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE THE MEANS TO GAINING A HIGH SCHOOL DIPLOMA FOR AT-RISK YOUTH. COUNSELING SERVICES INCLUDED BOTH PARENTS AND STUDENTS, THAT PROMOTED FAMILY HEALING.
    Expenses $195,861

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
03-0221341
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
1968
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P70Z)
Assets (IRS master file)
$998,694
Income (IRS master file)
$316,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$316,181$215,187$998,694XML
990June 2024$333,531$222,075$906,653XML
990June 2023$612,434$245,096$807,417IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 03-0221341).

Questions about THE FOLD INC

What is the EIN of THE FOLD INC?
The employer identification number (EIN) of THE FOLD INC is 03-0221341.
Is THE FOLD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to THE FOLD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE FOLD 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 THE FOLD INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE FOLD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of THE FOLD INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $74,011 (SCOTT RANCOURT, EXECUTIVE DIRECTOR).
How much revenue does THE FOLD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $316,181, expenses of $215,187 and total assets of $998,694 at year end.

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