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Nonprofit · EIN 16-1643939

MHE FOUNDATION INC

Tax-exempt · EDGEWATER, MD 21037

Financials

$1.3M$1.2M2023$184K$1.1M2024$365K$2M2025
Revenue Expenses · by fiscal year end
Financials of MHE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$364,721$2,009,182-$1,644,461$21,421,481$0$21,421,481
December 31, 2024990-PF$183,745$1,063,264-$879,519$21,888,719$0$21,888,719
December 31, 2023990-PF$1,345,740$1,200,578$145,162$22,242,466$0$22,242,466
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$60
Interest
$53
Net gain from sales of assets
$364,608

Expenses

Grants and similar amounts paid
$2,002,107
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,003,407
Excise tax on investment income
$6,635

Balance sheet and other

Total assets, start of year
$21,888,719
Total assets, end of year
$21,421,481
Total liabilities, end of year
$0
Net assets, end of year
$21,421,481
Fair market value of assets
$36,967,481
Qualifying distributions
$2,003,407
Net investment income
$478,618

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MATTHEW A EARL
PO BOX 231, CROWNSVILLE, MD 210320231
PRESIDENT AND TREASURER1$0
DIANE K MCBEE
PO BOX 231, CROWNSVILLE, MD 210320231
VICE PRESIDENT AND SECRETARY1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
MATTHEW A EARL
PO BOX 231, CROWNSVILLE, MD 210320231
PRESIDENT AND TREASURER1$0
DIANE K MCBEE
PO BOX 231, CROWNSVILLE, MD 210320231
VICE PRESIDENT AND SECRETARY1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MATTHEW A EARL
PO BOX 231, CROWNSVILLE, MD 210320231
PRESIDENT AND TREASURER1$0
DIANE K MCBEE
PO BOX 231, CROWNSVILLE, MD 210320231
VICE-PRESIDENT & SECRETARY1$0

Address and contacts

Address (IRS master file)
39 POPLAR POINT RD, EDGEWATER, MD 21037-1222
In care of
% MATTHEW A EARL
Signed the 990-PF
MATTHEW EARL, PRESIDENT
Phone
(410) 266-9423
Return prepared by
GORFINE SCHILLER & GARDYN PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
16-1643939
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,421,481
Income (IRS master file)
$481,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$364,721$2,009,182$21,421,481IRS
990-PFDecember 2024$183,745$1,063,264$21,888,719XML
990-PFDecember 2023$1,345,740$1,200,578$22,242,466XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 16-1643939).

Questions about MHE FOUNDATION INC

What is the EIN of MHE FOUNDATION INC?
The employer identification number (EIN) of MHE FOUNDATION INC is 16-1643939.
Is MHE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to MHE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MHE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MHE FOUNDATION 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 MHE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MHE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does MHE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $364,721, expenses of $2,009,182 and total assets of $21,421,481 at year end.

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