Nonprofit · EIN 26-0343071
P O W E R FOUNDATION INC
Tax-exempt · BALTIMORE, MD 21212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $13,100 | $14,248 | -$1,148 | $2,306 | $2,000 | $306 |
| December 31, 2024 | 990-PF | $5,000 | $14,832 | -$9,832 | $8,954 | $7,500 | $1,454 |
| December 31, 2023 | 990-PF | $23,000 | $17,482 | $5,518 | $11,286 | $0 | $11,286 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $13,100
Expenses
- Grants and similar amounts paid
- $11,000
- Disbursements for charitable purposes
- $14,248
Balance sheet and other
- Total assets, start of year
- $8,954
- Total assets, end of year
- $2,306
- Total liabilities, end of year
- $2,000
- Net assets, end of year
- $306
- Fair market value of assets
- $2,306
- Qualifying distributions
- $14,248
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael C Ford 20 Buchanan Road, Baltimore, MD 21212 | Pres, Treas, Director | 5 | $0 |
| Vanessa A Watson-Ford 20 Buchanan Road, Baltimore, MD 21212 | Vice-Pres, Director | 5 | $0 |
| Adriane I Davis 703 Varsity Lane, Bear, DE 19701 | Secretary, Director | 1 | $0 |
| Karen Y Bond 1509 Lakeside Avenue, Baltimore, MD 21218 | Director | 1 | $0 |
| William F Kornegay Jr 7802 Maywood Crest Drive, Palm Beach Garden, FL 33412 | Director | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael C Ford 20 Buchanan Road, Baltimore, MD 21212 | Pres, Treas, Director | 5 | $0 |
| Vanessa A Watson-Ford 20 Buchanan Road, Baltimore, MD 21212 | Vice-Pres, Director | 5 | $0 |
| Adriane I Davis 28 E Samantha Court, Bear, DE 19701 | Secretary, Director | 1 | $0 |
| Karen Y Bond 1509 Lakeside Avenue, Baltimore, MD 21218 | Director | 1 | $0 |
| William F Kornegay Jr 731 Strawfield Lane, Great Falls, VA 22066 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael C Ford 20 Buchanan Road, Baltimore, MD 21212 | Pres, Treas, Director | 5 | $0 |
| Vanessa A Watson-Ford 20 Buchanan Road, Baltimore, MD 21212 | Vice-Pres, Director | 5 | $0 |
| Adriane I Davis 28 E Samantha Court, Bear, DE 19701 | Secretary, Director | 1 | $0 |
| Karen Y Bond 1509 Lakeside Avenue, Baltimore, MD 21218 | Director | 1 | $0 |
| William F Kornegay Jr 731 Strawfield Lane, Great Falls, VA 22066 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 20 BUCHANAN RD, BALTIMORE, MD 21212-1045
- In care of
- % MICHAEL C FORD
- Signed the 990-PF
- Michael C Ford, President
- Phone
- (410) 377-5507
- Website
- www.powerfoundationinc.org
- Return prepared by
- Tydings & Rosenberg 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-0343071
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $2,306
- Income (IRS master file)
- $13,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $13,100 | $14,248 | $2,306 | XML |
| 990-PF | December 2024 | $5,000 | $14,832 | $8,954 | XML |
| 990-PF | December 2023 | $23,000 | $17,482 | $11,286 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 26-0343071).
Questions about P O W E R FOUNDATION INC
- What is the EIN of P O W E R FOUNDATION INC?
- The employer identification number (EIN) of P O W E R FOUNDATION INC is 26-0343071.
- Is P O W E R FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to P O W E R FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does P O W E R FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of P O W E R FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did P O W E R FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of P O W E R FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does P O W E R FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $13,100, expenses of $14,248 and total assets of $2,306 at year end.
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