Nonprofit · EIN 20-4215109
FIRST COMMUNITY FOUNDATION
Tax-exempt · WILMINGTON, DE 19802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,720,123 | $3,851,003 | -$1,130,880 | $18,663,100 | $3,049,819 | $15,613,281 |
| June 30, 2024 | 990 | $4,263,048 | $2,548,485 | $1,714,563 | $17,125,210 | $636,538 | $16,488,672 |
| June 30, 2023 | 990 | $5,997,560 | $1,108,514 | $4,889,046 | $14,600,548 | $63,647 | $14,536,901 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,421,167
- of which government grants
- $1,632,467
- Program service revenue
- $0
- Investment income
- $298,236
- Other revenue
- $720
Expenses
- Grants and similar amounts paid
- $3,664,150
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $820
- Accounting fees
- $11,729
- Depreciation
- $105,274
- Program services (functional)
- $3,807,926
- Management and general (functional)
- $43,077
Balance sheet and other
- Total assets, start of year
- $17,125,210
- Total assets, end of year
- $18,663,100
- Total liabilities, end of year
- $3,049,819
- Net assets, end of year
- $15,613,281
- Land, buildings and equipment
- $4,772,162
- Publicly traded securities
- $2,872,650
- Net assets without donor restrictions
- $13,820,274
- Net assets with donor restrictions
- $1,793,007
- Gross receipts
- $2,720,123
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- DE
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Officer | 1 | $0 | $183,340 | $92,614 |
| NICHOLAS MEDAGLIO | CFO Officer | 1 | $0 | $130,171 | $61,716 |
| KAIRLYN MILES-SMITH | TEACHER REPRESENTATIVE Trustee or director | 1 | $0 | $102,446 | $52,868 |
| DAVID MCBRIDE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICK TAGLIONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER ESQ | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TINU AKEREDOLU | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SOPHIA CISLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KRISTYN DILENNO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KIM F FORTUNATO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RENEE GREENE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MCDOWELL ESQUIRE | CEO Trustee or director, Officer | 4 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE REARDON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OWEN RICCIARDI | BOARD MEMBER Trustee or director | 1 | $0 |
| KATRESE THOMAS | PARENT REPRESENTATIVE Trustee or director | 1 | $0 |
| JOCELYN STEWART | BOARD MEMBER Trustee or director | 1 | $0 |
| DOLAN BLAKEY | BOARD MEMBER Trustee or director | 1 | $0 |
| NAJWA CORUM | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Key employee | 1 | $0 | $171,667 | $80,097 |
| NICHOLAS MEDAGLIO | CFO Officer | 1 | $0 | $116,788 | $62,129 |
| DAVID MCBRIDE | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICK TAGLIONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER ESQ | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TINU AKEREDOLU | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SOPHIA CISLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KRISTYN DILENNO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KIM F FORTUNATO | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| RENEE GREENE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MCDOWELL ESQUIRE | CEO Trustee or director, Officer | 4 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE REARDON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| OWEN RICCIARDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KAIRLYN MILES SMITH | TEACHER REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
| KATRESE THOMAS | PARENT REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Trustee or director, Officer | 1 | $0 | $198,381 | $78,136 |
| NICHOLAS MEDAGLIO | CFO Trustee or director, Officer | 1 | $0 | $115,649 | $50,047 |
| ASHLEY ROSSELLO | TEACHER REPRESENTATIVE Trustee or director | 1 | $0 | $63,704 | $20,368 |
| JOCELYN STEWART | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICK TAGLIONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TINU AKEREDOLU | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SOPHIA CISLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KRISTYN DILENNO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KIM F FORTUNATO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RENEE GREENE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES MCDOWELL ESQUIRE | BOARD MEMBER Trustee or director | 4 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE REARDON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| OWEN RICCIARDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 N CLAYMONT ST, WILMINGTON, DE 19802-2807
- Principal officer (990 for 2024)
- CECIL GORDON, 3000 NORTH CLAYMONT STREET, WILMINGTON, DE 198022807
- Signed the 990
- NICHOLAS MEDAGLIO, CHIEF FINANCIAL OFFICER
- Phone
- (302) 762-5834
- Website
- EASTSIDECHARTERSCHOOL.ORG
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
THE FOUNDATION'S PRIMARY ACTIVITY IS FUND RAISING AND ANY OTHER ACTIVITIES NECESSARY TO SUPPORT THE EASTSIDE CHARTER SCHOOL.
Program accomplishments
- THE FIRST COMMUNITY FOUNDATION ("THE FOUNDATION," FORMERLY THE EAST SIDE COMMUNITY LEARNING CENTER FOUNDATION), WAS ORGANIZED ON FEBRUARY 7, 2006 AND COMMENCED OPERATIONS ON AUGUST 25, 2006 AS A NONPROFIT CORPORATION TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE EASTSIDE CHARTER SCHOOL (A PUBLIC CHARTER SCHOOL CHARTERED UNDER THE PROVISIONS OF DELAWARE STATE LAW 14 DEL. C. CHAPTER 5). THE FOUNDATION'S PRIMARY ACTIVITY IS FUND RAISING AND ANY OTHER ACTIVITIES NECESSARY TO SUPPORT THE EASTSIDE CHARTER SCHOOL.Expenses $3,807,926 · grants $3,664,150
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4215109
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L11)
- Assets (IRS master file)
- $18,663,100
- Income (IRS master file)
- $2,720,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,720,123 | $3,851,003 | $18,663,100 | XML |
| 990 | June 2024 | $4,263,048 | $2,548,485 | $17,125,210 | IRS |
| 990 | June 2023 | $5,997,560 | $1,108,514 | $14,600,548 | XML |
| 990 | June 2022 | $7,119,554 | $801,650 | $9,736,066 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 20-4215109).
Questions about FIRST COMMUNITY FOUNDATION
- What is the EIN of FIRST COMMUNITY FOUNDATION?
- The employer identification number (EIN) of FIRST COMMUNITY FOUNDATION is 20-4215109.
- Is FIRST COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to FIRST COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FIRST COMMUNITY 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 FIRST COMMUNITY FOUNDATION 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 FIRST COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FIRST COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names CECIL GORDON.
- Who are the officers and directors of FIRST COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does FIRST COMMUNITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,720,123, expenses of $3,851,003 and total assets of $18,663,100 at year end.
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All nonprofits in WILMINGTON · Delaware · Housing and shelter