Nonprofit · EIN 23-7148064
CHEYNEY FOUNDATION
Tax-exempt · CHEYNEY, PA 19319
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $922,379 | $551,453 | $370,926 | $1,831,920 | $39,658 | $1,792,262 |
| June 30, 2024 | 990 | $437,171 | $349,911 | $87,260 | $1,493,191 | $36,549 | $1,456,642 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $747,926
- of which government grants
- $747,926
- Program service revenue
- $0
- Investment income
- $174,453
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $305,000
- Compensation of officers, directors and key employees
- $74,039
- Salaries, compensation and benefits (total)
- $81,056
- Professional fundraising fees
- $0
- Accounting fees
- $35,497
- Occupancy
- $18,000
- Travel
- $22
- Program services (functional)
- $382,846
- Management and general (functional)
- $78,607
- Fundraising (functional)
- $90,000
Balance sheet and other
- Total assets, start of year
- $1,493,191
- Total assets, end of year
- $1,831,920
- Total liabilities, end of year
- $39,658
- Net assets, end of year
- $1,792,262
- Publicly traded securities
- $1,535,706
- Net assets without donor restrictions
- $146,520
- Net assets with donor restrictions
- $1,645,742
- Gross receipts
- $922,379
- Employees
- 1
- Year formed
- 1971
- State of legal domicile
- PA
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 |
|---|---|---|---|
| DARIEN THREADGILL | EXECUTIVE DI Officer | 10 | $74,038 |
| LARRY WALKER | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| TIFFANY WILSON | VICE CHAIRMA Trustee or director, Officer | 5 | $0 |
| BRYAN PHILLIPS | TREASURER Trustee or director, Officer | 5 | $0 |
| JAZMINE SMITH | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY WALKER | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| TIFFANY WILSON | VICE CHAIRMA Trustee or director, Officer | 5 | $0 |
| BRYAN PHILLIPS | TREASURER Trustee or director, Officer | 5 | $0 |
| JAZMINE SMITH | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 235, CHEYNEY, PA 19319-0235
- Principal officer (990 for 2024)
- LARRY WALKER, 1837 UNIVERSITY CR, BIDDELL HALL 207, CHEYNEY, PA 19319
- Signed the 990
- LARRY WALKER, CHAIRMAN
- Phone
- (610) 399-2419
- Website
- WWW.CHEYNEYFOUNDATION.ORG
- Return prepared by
- JTGOLDSTEIN
Mission
THE MISSION OF THE CHEYNEY FOUNDATION IS TO RAISE FUNDS, PROMOTE AND SUPPORT ACADEMIC EXCELLENCE, INNOVATION AND SUSTAINABILITY OF CHEYNEY UNIVERSITY.
Program accomplishments
- GRANTING SCHOLARSHIPS AND PROVIDING NEED-BASED FINANCIAL SUPPORT TO THE STUDENTS OF CHEYNEY UNIVERSITY THAT UPHOLD A HIGH LEVEL OF ACADEMIC ACHIEVEMENT.Expenses $382,846 · grants $305,000
- PROGRAM DISBURSEMENTS TO CHEYNEY UNIVERSITY FOR OPERATING EXPENSES AND PROGRAMMATIC PURPOSES.
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
- 23-7148064
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $1,831,920
- Income (IRS master file)
- $922,379
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $922,379 | $551,453 | $1,831,920 | XML |
| 990 | June 2024 | $437,171 | $349,911 | $1,493,191 | XML |
| 990 | June 2023 | $676,907 | $324,137 | $1,346,984 | IRS |
| 990 | June 2022 | $491,190 | $407,669 | $938,700 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 23-7148064).
Questions about CHEYNEY FOUNDATION
- What is the EIN of CHEYNEY FOUNDATION?
- The employer identification number (EIN) of CHEYNEY FOUNDATION is 23-7148064.
- Is CHEYNEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to CHEYNEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHEYNEY 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 CHEYNEY 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 CHEYNEY 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 CHEYNEY FOUNDATION?
- The 990 for the year ended June 30, 2025 names LARRY WALKER.
- Who are the officers and directors of CHEYNEY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $74,038 (DARIEN THREADGILL, EXECUTIVE DI).
- How much revenue does CHEYNEY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $922,379, expenses of $551,453 and total assets of $1,831,920 at year end.
Other nonprofits in CHEYNEY
- CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION EIN 23-7010017 · last filed 990 for 2023
- CHESTER COUNTY YOUTH ORCHESTRA EIN 23-3000151 · last filed 990-N for 2024
- THORNBURY HISTORICAL SOCIETY EIN 22-6010007 · last filed 990-N for 2025
- PSI CHI THE NATIONAL HONOR SOCIETY IN PSYCHOLOGY EIN 23-2050092 · last filed 990-N for 2025