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Nonprofit · EIN 23-2966738

KNOWLEDGE FACTORY INC

Tax-exempt (reinstated) · PHILADELPHIA, PA 19144

Financials

$57K$21K2023
Revenue Expenses · by fiscal year end
Financials of KNOWLEDGE FACTORY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$57,000$20,610$36,390$119,495–$36,390
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$57,000

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$8,500
Professional fees and payments to contractors
$250
Occupancy
$4,868
Printing, publications and postage
$745
Other expenses
$6,247

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$119,495
Total liabilities, end of year
–
Net assets, end of year
$36,390
Cash, savings and investments
$63,980
Gross receipts
$57,000

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
TYRAINE RAGSDALEPRESIDENT20$0
SHIRLEY RAGSDALE1ST VICE PRESIDENT2$0
GEORGINA RAGSDALESECRETARY5$0
KIM RAGSDALE2ND VICE PRESIDENT2$0
TRACEY MABREYTREASURER2$0

Address and contacts

Address (IRS master file)
501 E ARMSTRONG ST, PHILADELPHIA, PA 19144-1504
In care of
% TYRAINE RAGSDALE
Mailing address (990-N for 2024)
501 EAST ARMSTRONG STREET, PHILADELPHIA PA 19144
Principal officer (990-N for 2024)
TYRAINE RAGSDALE, 151 CARROLL AVENUE, GLENSIDE PA 19038
Signed the 990-EZ
TYRAINE RAGSDALE, PRESIDENT
Phone
(267) 249-5613
Return prepared by
LA PETITE TAX DAME

Mission

SEE STATEMENT 1

990-EZ for the year ended December 31, 2023

Program accomplishments

  • DEVELOP AND PROMOTE STEM INITIATIVES FOR STUDENTS

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-2966738
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B99)

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
June 6, 2020
Reinstated
Effective May 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: TYRAINE RAGSDALE
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$57,000$20,610$119,495XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: TYRAINE RAGSDALE
December 31, 2021≤ $50,000 receipts––e-Postcard

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 23-2966738).

Questions about KNOWLEDGE FACTORY INC

What is the EIN of KNOWLEDGE FACTORY INC?
The employer identification number (EIN) of KNOWLEDGE FACTORY INC is 23-2966738.
Is KNOWLEDGE FACTORY INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
Are donations to KNOWLEDGE FACTORY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KNOWLEDGE FACTORY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KNOWLEDGE FACTORY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KNOWLEDGE FACTORY INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of KNOWLEDGE FACTORY INC?
The 990-N for 2024 names TYRAINE RAGSDALE.
Who are the officers and directors of KNOWLEDGE FACTORY INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does KNOWLEDGE FACTORY INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $57,000, expenses of $20,610 and total assets of $119,495 at year end.

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