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Nonprofit · EIN 27-1568821

POWER OF EDUCATION FOUNDATION

Tax-exempt · GRAND RAPIDS, MI 49514

Financials

$84K$181K2023$137K$181K2024
Revenue Expenses · by fiscal year end
Financials of POWER OF EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$136,850$181,487-$44,637$152,876$0$152,876
December 31, 2023990$83,881$180,526-$96,645$197,513$0$197,513
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$194,458
Program service revenue
$0
Investment income
$3,727
Net income from fundraising events
-$61,335
Other revenue
-$61,335

Expenses

Grants and similar amounts paid
$168,865
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,250
Program services (functional)
$172,067
Management and general (functional)
$5,224
Fundraising (functional)
$4,196

Balance sheet and other

Total assets, start of year
$197,513
Total assets, end of year
$152,876
Total liabilities, end of year
$0
Net assets, end of year
$152,876
Net assets without donor restrictions
$152,876
Gross receipts
$212,964
Employees
0
Volunteers
4
Year formed
2009
State of legal domicile
MI

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.

NameTitleHours / weekCompensation
SUSAN PASTOORBOARD PRESIDENT
Trustee or director, Officer
1$0
MERRIL STANSBURYSECRETARY
Trustee or director, Officer
1$0
JENNIFER MASTERNAKTREASURER
Trustee or director, Officer
1$0
BRIAN MASTERNAKTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SUSAN PASTOORBOARD PRESIDENT
Trustee or director, Officer
1$0
MERRIL STANSBURYSECRETARY
Trustee or director, Officer
1$0
JENNIFER MASTERNAKTREASURER
Trustee or director, Officer
1$0
BRIAN MASTERNAKTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 140138, GRAND RAPIDS, MI 49514-0138
In care of
% MATTHEW DAVIS
Principal officer (990 for 2024)
JENNIFER MASTERNAK, PO BOX 140138, GRAND RAPIDS, MI 49514
Signed the 990
JENNIFER MASTERNAK, TREASURER
Phone
(616) 485-7514
Return prepared by
HUNGERFORD CPAS ADVISORS

Mission

TO EMPOWER CHILDREN THROUGH EDUCATION

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED OPERATIONAL SUPPORT FOR A PRIMARY AND SECONDARY SCHOOL IN PORT-AU PRINCE , HAITI SERVING VULNERABLE CHILDREN IN GRADES K-9. THE FOUNDATION PROVIDED FOR A HIGH QUALITY EDUCATION, DAILY NUTRITION AND A MEDICAL HOME TO THESE CHILDREN TO ENHANCE THEIR ABILITY TO LEARN AND LEAD PRODUCTIVE LIVES. PROGRAMMING WAS SUPPORTED THAT STRENGTHENED THE CAPACITY OF THE SCHOOL ADMINISTRATION, TEACHING STAFF, PARENT COMMUNITY AND COMMUNITY AT LARGE TO MEET THEIR GOALS OF COMMUNITY IMPROVEMENT. THE STUDENTS HAVE ACHIEVED HIGH PASS RATES ON NATIONAL EXAMS AS COMPARED TO OTHER LOCAL SCHOOLS. STUDENTS HAVE SHOWN CONTINUED IMPROVEMENT IN HEIGHT AND WEIGHT GROWTH INDICATORS AS A RESULT OF NUTRITION AND MEDICAL INTERVENTIONS.
    Expenses $172,067 · grants $168,865

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 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1568821
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$152,876
Income (IRS master file)
$212,964

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$136,850$181,487$152,876XML
990December 2023$83,881$180,526$197,513XML
990December 2022$81,578$184,457$294,158IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 27-1568821).

Questions about POWER OF EDUCATION FOUNDATION

What is the EIN of POWER OF EDUCATION FOUNDATION?
The employer identification number (EIN) of POWER OF EDUCATION FOUNDATION is 27-1568821.
Is POWER OF EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to POWER OF EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POWER OF EDUCATION 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 POWER OF EDUCATION FOUNDATION 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 POWER OF EDUCATION FOUNDATION 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 POWER OF EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 names JENNIFER MASTERNAK.
Who are the officers and directors of POWER OF EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does POWER OF EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $136,850, expenses of $181,487 and total assets of $152,876 at year end.

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