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Nonprofit · EIN 20-3362453

CBIS FOUNDATION INC

Tax-exempt · RIDGEWOOD, NJ 07450

Financials

$55K$29K2023$428K$1.3M2024$46K$290K2025
Revenue Expenses · by fiscal year end
Financials of CBIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990-PF$46,481$290,285-$243,804$1,875,126$0$1,875,126
June 30, 2025990-PF$428,065$1,303,945-$875,880$2,118,930$0$2,118,930
June 30, 2024990-PF$54,541$29,120$25,421$2,994,813$0$2,994,813
Financial details: 990-PF for the year ended June 30, 2026

Revenue

Dividends
$2,090
Interest
$129
Net gain from sales of assets
$91,871
Other income
-$47,609

Expenses

Grants and similar amounts paid
$277,000
Disbursements for charitable purposes
$277,000
Excise tax on investment income
$1,329

Balance sheet and other

Total assets, start of year
$2,118,930
Total assets, end of year
$1,875,126
Total liabilities, end of year
$0
Net assets, end of year
$1,875,126
Fair market value of assets
$3,162,714
Qualifying distributions
$277,000
Net investment income
$95,578

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 June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
BUDGE COLLINS
611 FAIR STREET, FRANKLIN, TN 37064
PRES / DIR1$0
CAROL COLLINS
611 FAIR STREET, FRANKLIN, TN 37064
VP / DIR1$0
LONNIE WOLLIN
3594 E SUPERNAL CIR, SALT LAKE CITY, UT 84121
SECY / TREAS1$0
990-PF for the year ended June 30, 2025: 3 people
NameTitleHours / weekCompensation
BUDGE COLLINS
611 Fair Street, Franklin, TN 37064
PRES/DIR1$0
CAROL COLLINS
611 Fair Street, Franklin, TN 37064
VP/DIR3$0
LONNIE WOLLIN
124 PROSPECT ST, RIDGEWOOD, NJ 07450
SECY/TREAS1$0
990-PF for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
BUDGE COLLINS
611 Fair Street, Franklin, TN 37064
PRES/DIR1$0
CAROL COLLINS
611 Fair Street, Franklin, TN 37064
VP/DIR3$0
LONNIE WOLLIN
124 PROSPECT ST, RIDGEWOOD, NJ 07450
SECY/TREAS1$0

Address and contacts

Address (IRS master file)
C/O NNHH LLP 124 PROSPECT ST, RIDGEWOOD, NJ 07450-0000
In care of
% L WOLLIN
Signed the 990-PF
BUDGE COLLINS, PRES / DIR
Return prepared by
NEUSCHATZ NEUSCHATZ HERMAN & HANKE LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026990-PF on file
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
20-3362453
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
2005
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$1,875,126
Income (IRS master file)
$240,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2026$46,481$290,285$1,875,126XML
990-PFJune 2025$428,065$1,303,945$2,118,930XML
990-PFJune 2024$54,541$29,120$2,994,813XML
990-PFJune 2023–––IRS
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 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 20-3362453).

Questions about CBIS FOUNDATION INC

What is the EIN of CBIS FOUNDATION INC?
The employer identification number (EIN) of CBIS FOUNDATION INC is 20-3362453.
Is CBIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to CBIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CBIS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CBIS FOUNDATION INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CBIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2026.
Who are the officers and directors of CBIS FOUNDATION INC?
The 990-PF for the year ended June 30, 2026 lists 3 people; 0 received compensation from the organization.
How much revenue does CBIS FOUNDATION INC have?
On its 990-PF for the year ended June 30, 2026 it reported revenue of $46,481, expenses of $290,285 and total assets of $1,875,126 at year end.

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