Nonprofit · EIN 27-3917967
150 MADISON LANE PRESERVATION FUND
Also known as POTENTIAL FAB EIN
Tax-exempt (reinstated) · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $17,759 | $4,462 | $13,297 | $697,635 | $0 | $697,635 |
| December 31, 2024 | 990 | $18,165 | $4,212 | $13,953 | $675,720 | $0 | $675,720 |
| December 31, 2023 | 990 | $19,067 | $4,243 | $14,824 | $656,914 | $0 | $656,914 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,755
- Program service revenue
- $0
- Investment income
- $1,004
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $772
- Management and general (functional)
- $2,962
- Fundraising (functional)
- $1,500
Balance sheet and other
- Total assets, start of year
- $675,720
- Total assets, end of year
- $697,635
- Total liabilities, end of year
- $0
- Net assets, end of year
- $697,635
- Net assets without donor restrictions
- $697,635
- Gross receipts
- $17,759
- Employees
- 0
- Year formed
- 2010
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES LA FLEUR | PRESIDENT Officer | 3 | $0 |
| BRYANT THOMAS | TREASURER Officer | 1 | $0 |
| WILLIAM CARMODY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM LAWRENCE | DIRECTOR Trustee or director | 1 | $0 |
| RAFAEL X ZAHRALDDIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES LA FLEUR | PRESIDENT Officer | 3 | $0 |
| BRYANT THOMAS | TREASURER Officer | 1 | $0 |
| WILLIAM CARMODY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM LAWRENCE | DIRECTOR Trustee or director | 1 | $0 |
| RAFAEL X ZAHRALDDIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES LA FLEUR | PRESIDENT Officer | 3 | $0 |
| BRYANT THOMAS | TREASURER Officer | 1 | $0 |
| WILLIAM CARMODY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM LAWRENCE | DIRECTOR Trustee or director | 1 | $0 |
| RAFAEL X ZAHRALDDIN-ARAVENA | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 500 DELAWARE AVENUE SUITE 700, WILMINGTON, DE 19801-1490
- In care of
- % BRIAN KATZENBERG
- Mailing address (990-N for 2018)
- 1105 North Market St Ste 1700, Wilmington DE 19801
- Principal officer (990 for 2025)
- RAFAEL X ZAHRALDDIN, 500 DELAWARE AVE SUITE 700, WILMINGTON, DE 19801
- Principal officer (990-N for 2018)
- Rafael Zahralddin, 1105 North Market St Ste 1700, Wilmington DE 19801
- Signed the 990
- JAMES LA FLEUR, PRESIDENT
- Phone
- (302) 545-2888
- Return prepared by
- JONES & COMPANY CPA LLC
Mission
TO SUPPORT THE RENOVATION AND PRESERVATION OF THE HISTORIC PROPERTY AT 150 MADISON LANE, CHARLOTTESVILLE VA (IN THE RUGBY ROAD-UNIVERSITY CORNER- VENABLE NEIGHBORHOOD NATIONAL HISTORIC DISTRICT).
Program accomplishments
- EXPENDITURES MADE TO SUPPORT THE PRESERVATION AND RENOVATION OF THE HISTORIC PROPERTY AT 150 MADISON LANE, CHARLOTTESVILLE VA (IN THE RUGBY ROAD-UNIVERSITY CORNER-VENABLE NEIGHBORHOOD NATIONAL HISTORIC DISTRICT).
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 | 990 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
- 27-3917967
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $697,635
- Income (IRS master file)
- $17,759
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective June 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $17,759 | $4,462 | $697,635 | IRS |
| 990 | December 2024 | $18,165 | $4,212 | $675,720 | IRS |
| 990 | December 2023 | $19,067 | $4,243 | $656,914 | XML |
| 990 | December 2022 | $42,562 | $5,856 | $640,274 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Rafael Zahralddin | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 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 27-3917967).
Questions about 150 MADISON LANE PRESERVATION FUND
- What is the EIN of 150 MADISON LANE PRESERVATION FUND?
- The employer identification number (EIN) of 150 MADISON LANE PRESERVATION FUND is 27-3917967.
- Is 150 MADISON LANE PRESERVATION FUND tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective June 15, 2017.
- Are donations to 150 MADISON LANE PRESERVATION FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 150 MADISON LANE PRESERVATION FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of 150 MADISON LANE PRESERVATION FUND 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 150 MADISON LANE PRESERVATION FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of 150 MADISON LANE PRESERVATION FUND?
- The 990 for the year ended December 31, 2025 names RAFAEL X ZAHRALDDIN.
- Who are the officers and directors of 150 MADISON LANE PRESERVATION FUND?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does 150 MADISON LANE PRESERVATION FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $17,759, expenses of $4,462 and total assets of $697,635 at year end.
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