Nonprofit · EIN 26-1342506
OLETA CRAIN ENRICHMENT ACADEMY
Also known as CRAIN JEFFERSON ENRICHMENT FNDTN
Tax-exempt · DENVER, CO 80222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $25,060 | $41,462 | -$16,402 | $557,495 | $0 | $557,495 |
| December 31, 2023 | 990 | $20,545 | $26,687 | -$6,142 | $580,183 | $0 | $580,183 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,060
- Program service revenue
- $0
- Investment income
- $23,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $11,716
- Program services (functional)
- $41,462
Balance sheet and other
- Total assets, start of year
- $580,183
- Total assets, end of year
- $557,495
- Total liabilities, end of year
- $0
- Net assets, end of year
- $557,495
- Gross receipts
- $25,060
- Employees
- 0
- Volunteers
- 21
- Year formed
- 2007
- State of legal domicile
- CO
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Valentino Jefferson | Director President Trustee or director, Officer | 20 | $0 |
| Karen DeCoud | Secretary Officer | 1 | $0 |
| Joyce Walker | Member Institutional trustee | 0.25 | $0 |
| Khaliq Bedart-Ghani | Member Institutional trustee | 0.25 | $0 |
| Rebecca DeCoud | Member Institutional trustee | 0.25 | $0 |
| Shirley Robinson | Member Institutional trustee | 0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Valentino Jefferson | Director President Trustee or director, Officer | 20 | $0 |
| Karen DeCoud | Secretary Officer | 2 | $0 |
| Joyce Walker | Member Institutional trustee | 1 | $0 |
| Khaliq Bedart-Ghani | Member Institutional trustee | 1 | $0 |
| Rebecca DeCoud | Member Institutional trustee | 1 | $0 |
| Shirley Robinson | Member Institutional trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2000 S COLORADO BLVD, DENVER, CO 80222-7900
- In care of
- % VALENTINO JEFFERSON
- Mailing address (990-N for 2021)
- 2102 N Marion Street, Denver CO 80205
- Principal officer (990 for 2024)
- Valentino Jefferson, 2000 S Colorado Blvd, Tower One Suite 2000 1063, DENVER, CO 80222
- Principal officer (990-N for 2021)
- Valentino Jefferson, 10621 Chevy Drive, Knoxville TN 37922
- Signed the 990
- Valentino Jefferson, Director President
- Phone
- (720) 588-0518
- Website
- www.crainjef.org
Mission
Educate encourage and equip minority and disadvantaged youth with resources and skills they will need to achieve success and make positive contributions to the communities in which they live and serve.
Program accomplishments
- Scholarship Programs for disadvantaged studentsExpenses $9,500
- Youth ConferencesExpenses $8,694 · revenue $2,154
- Computer Laptop ProgramExpenses $5,069
- Marketing ExpensesExpenses $5,207
- 501c3 Administrative ExpensesExpenses $1,276
- Travel Related ExpensesExpenses $11,716
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1342506
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $557,495
- Income (IRS master file)
- $25,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $25,060 | $41,462 | $557,495 | IRS |
| 990 | December 2023 | $20,545 | $26,687 | $580,183 | XML |
| 990 | December 2022 | $997,986 | $20,035 | $586,325 | IRS |
| 990-N for 2021 Officer: Valentino Jefferson | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | 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 26-1342506).
Questions about OLETA CRAIN ENRICHMENT ACADEMY
- What is the EIN of OLETA CRAIN ENRICHMENT ACADEMY?
- The employer identification number (EIN) of OLETA CRAIN ENRICHMENT ACADEMY is 26-1342506.
- Is OLETA CRAIN ENRICHMENT ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to OLETA CRAIN ENRICHMENT ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLETA CRAIN ENRICHMENT ACADEMY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OLETA CRAIN ENRICHMENT ACADEMY 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 OLETA CRAIN ENRICHMENT ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OLETA CRAIN ENRICHMENT ACADEMY?
- The 990 for the year ended December 31, 2024 names Valentino Jefferson.
- Who are the officers and directors of OLETA CRAIN ENRICHMENT ACADEMY?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does OLETA CRAIN ENRICHMENT ACADEMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $25,060, expenses of $41,462 and total assets of $557,495 at year end.
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