Nonprofit · EIN 27-4856239
PENN FOUNDATION
Tax-exempt · BROOKLYN, NY 11207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $88,400 | $92,931 | -$4,531 | $494,384 | – | $494,384 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $88,400
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $92,931
Balance sheet and other
- Total assets, start of year
- $498,915
- Total assets, end of year
- $494,384
- Total liabilities, end of year
- –
- Net assets, end of year
- $494,384
- Cash, savings and investments
- $27,193
- Land and buildings
- $467,191
- Gross receipts
- $88,400
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK FULLER | ceo | 20 | $0 |
| MICHAEL MORRIS | PRESIDENT | 20 | $0 |
| HOWARD SOLOMON | VICE PRESIDENT | 20 | $0 |
| THERESA DEVARD | SECRETARY | 20 | $0 |
| TAMEKA MONORE | FINANCIAL SECRETARY | 20 | $0 |
| DARELL BANKS | TREASURER | 20 | $0 |
| MAXINE WHITE-BROWN | BOOKING AGENT | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 70 PENNSYLVANIA AVE, BROOKLYN, NY 11207-2429
- In care of
- % DEREK PRITCHETT
- Mailing address (990-N for 2020)
- 70 Pennsylvania Avenue, Brooklyn NY 11207
- Principal officer (990-N for 2020)
- Derek Pritchett, 70 Pennsylvania Avenue, Brooklyn NY 11207
- Signed the 990-EZ
- DARELL BANKS, TREASURER
- Phone
- (347) 295-1000
- Return prepared by
- MANY HAPPY RETURNS INC
Mission
COMMUNITY SERVICES
Program accomplishments
- COMMUNITY FEEDING PROGRAM: FUNDED BY FOOD DONATIONS OF MEMBERSHIPTHREE TIMES MONTHLYSPACE AND FACILITIES PROVIDED FREE-OF-CHARGE
- SUZANNE JEFFERIES BALLET DANCE CLASS FOR CHILDREN AGES 6-18SPACE AND FACILITIES PROVIDED FREE-OF-CHARGE
- HEALTH AWARENESS FAIR HOSTED BY PENN FOUNDATION TWICE YEARLYGUEST SPEAKERS & MEDICAL PROFESSIONALS OFFER FREE SEMINARSSPACE AND FACILITIES PROVIDED FREE-OF-CHARGE
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-4856239
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $494,384
- Income (IRS master file)
- $88,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $88,400 | $92,931 | $494,384 | IRS |
| 990-EZ | December 2023 | – | – | – | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Derek Pritchett | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Mr M Ralph McCain | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PENN FOUNDATION
- What is the EIN of PENN FOUNDATION?
- The employer identification number (EIN) of PENN FOUNDATION is 27-4856239.
- Is PENN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to PENN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PENN 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 PENN 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 PENN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of PENN FOUNDATION?
- The 990-N for 2020 names Derek Pritchett.
- Who are the officers and directors of PENN FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PENN FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $88,400, expenses of $92,931 and total assets of $494,384 at year end.
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