Nonprofit · EIN 23-2954760
COLTMAN FRIENDS FOUNDATION INC
Tax-exempt · BETHANY BEACH, DE 19930
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990 | $140,992 | $850 | $140,142 | $5,300,851 | $0 | $5,300,851 |
| January 31, 2024 | 990 | $170,335 | $1,000 | $169,335 | $4,610,983 | $0 | $4,610,983 |
Financial details: 990 for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $140,992
- Net gain from sales of assets
- $84,210
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $850
- Management and general (functional)
- $850
Balance sheet and other
- Total assets, start of year
- $4,610,983
- Total assets, end of year
- $5,300,851
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,300,851
- Publicly traded securities
- $5,184,351
- Gross receipts
- $285,313
- Employees
- 0
- Year formed
- 1999
- 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 January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAYTON F COLTMAN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| L J FARROW | SECRETARY Trustee or director, Officer | – | $0 |
| NORMA GOTTLIEB | DIRECTOR Trustee or director | – | $0 |
| CHARLES L COLTMAN III | TREASURER Trustee or director, Officer | – | $0 |
| CHARLES L COLTMAN IV | PRESIDENT Trustee or director, Officer | – | $0 |
| TIMOTHY JAMES | DIRECTOR Trustee or director | – | $0 |
| JALAL RHAMIRICH | DIRECTOR Trustee or director | – | $0 |
990 for the year ended January 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAYTON F COLTMAN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| L J FARROW | SECRETARY Trustee or director, Officer | – | $0 |
| NORMA GOTTLIEB | DIRECTOR Trustee or director | – | $0 |
| CHARLES L COLTMAN III | TREASURER Trustee or director, Officer | – | $0 |
| CHARLES L COLTMAN IV | PRESIDENT Trustee or director, Officer | – | $0 |
| TIMOTHY JAMES | DIRECTOR Trustee or director | – | $0 |
| JALAL RHAMIRICH | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1301, BETHANY BEACH, DE 19930-1301
- Principal officer (990 for 2024)
- CHARLES L COLTMAN III, 455 NE 5TH AVENUE D425, DELRAY BEACH, FL 33483
- Signed the 990
- CHARLES L COLTMAN III, TREASURER
- Phone
- (610) 580-6221
- Return prepared by
- THROWER GRATTON & BEAUMONT PLLC
Mission
THE COLTMAN FRIENDS FOUNDATION WAS ESTABLISHED EXCLUSIVELY TO BENEFIT QUAKER SCHOOLS IN PENNSYLVANIA FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN 501(C)(3).
Program accomplishments
- TO BENEFIT QUAKER SCHOOLS IN PENNSYLVANIA.
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 January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990 on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990 on file |
IRS record
- EIN
- 23-2954760
- 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
- 1999
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $5,300,851
- Income (IRS master file)
- $285,313
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | January 2025 | $140,992 | $850 | $5,300,851 | XML |
| 990 | January 2024 | $170,335 | $1,000 | $4,610,983 | XML |
| 990 | January 2023 | $124,407 | $8,122 | $4,049,150 | IRS |
| 990 | January 2022 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | 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 23-2954760).
Questions about COLTMAN FRIENDS FOUNDATION INC
- What is the EIN of COLTMAN FRIENDS FOUNDATION INC?
- The employer identification number (EIN) of COLTMAN FRIENDS FOUNDATION INC is 23-2954760.
- Is COLTMAN FRIENDS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to COLTMAN FRIENDS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COLTMAN FRIENDS FOUNDATION 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 COLTMAN FRIENDS FOUNDATION INC due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLTMAN FRIENDS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended January 2025.
- Who is the principal officer of COLTMAN FRIENDS FOUNDATION INC?
- The 990 for the year ended January 31, 2025 names CHARLES L COLTMAN III.
- Who are the officers and directors of COLTMAN FRIENDS FOUNDATION INC?
- The 990 for the year ended January 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does COLTMAN FRIENDS FOUNDATION INC have?
- On its 990 for the year ended January 31, 2025 it reported revenue of $140,992, expenses of $850 and total assets of $5,300,851 at year end.
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