Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 30-0754521

FOUNDATION OF POSSIBILITIES

Tax-exempt · MARLBOROUGH, CT 06447

Financials

$10K$24K2023$3K$21K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION OF POSSIBILITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$3,270$20,637-$17,367$15,294–$15,294
December 31, 2023990-EZ$10,242$23,994-$13,752$32,661–$32,661
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,069
Investment income
$1,201

Expenses

Benefits paid to members
$18,566
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,616
Other expenses
$455
Program services (functional)
$20,637

Balance sheet and other

Total assets, start of year
$32,661
Total assets, end of year
$15,294
Total liabilities, end of year
–
Net assets, end of year
$15,294
Cash, savings and investments
$15,294
Gross receipts
$3,270

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.

NameTitleHours / weekCompensation
CARRIE MCMAHONPRESIDENT0$0
SISTER JUDY CAREYCHAIR0$0
RICHARD MCMAHONTREASURER0$0
STEVE PARKERBOARD OF DIR0$0
ANGELA PINKERTONBOARD OF DIR0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CARRIE MCMAHONPRESIDENT0$0
SISTER JUDY CAREYCHAIR0$0
RICHARD MCMAHONTREASURER0$0
STEVE PARKERBOARD OF DIR0$0
ANGELA PINKERTONBOARD OF DIR0$0

Address and contacts

Address (IRS master file)
59 LAKE RIDGE DR, MARLBOROUGH, CT 06447-1326
In care of
% CARRIE FULLER-MCMAHON
Signed the 990-EZ
CARRIE MCMAHON, PRESIDENT
Phone
(413) 575-7479
Return prepared by
BURGESS ROBB & GRASSETTI PC

Mission

TO LEVEL THE PLAYING FIELD FOR EVERY CHILD GIVING THEM THE RESOURCES AND OPPORTUNITIES TO ACHIEVE "THE BEST IN LIFE" REGARDLESS OF FAMILY INCOME LEVEL, HOME ENVIRONMENT, OR SOCIAL STATUS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO LEVEL THE PLAYING FIELD FOR EVERY CHILD, GIVING THEM THE RESOURCES AND OPPORTUNITIES TO ACHIEVE "THE BEST IN LIFE" REGARDLESS OF FAMILY INCOME LEVEL, HOME ENVIRONMENT, OR SOCIAL STATUS.
    Expenses $18,566
  • TO LEVEL THE PLAYING FIELD FOR EVERY CHILD GIVING THEM THE RESOURCES AND OPPORTUNITIES TO ACHIEVE "THE BEST IN LIFE" REGARDLESS OF FAMILY INCOME LEVEL, HOME ENVIRONMENT, OR SOCIAL STATUS.
    Expenses $2,071

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for FOUNDATION OF POSSIBILITIES

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
30-0754521
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
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B80)
Assets (IRS master file)
$15,294
Income (IRS master file)
$3,270

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$3,270$20,637$15,294IRS
990-EZDecember 2023$10,242$23,994$32,661XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 30-0754521).

Questions about FOUNDATION OF POSSIBILITIES

What is the EIN of FOUNDATION OF POSSIBILITIES?
The employer identification number (EIN) of FOUNDATION OF POSSIBILITIES is 30-0754521.
Is FOUNDATION OF POSSIBILITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FOUNDATION OF POSSIBILITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION OF POSSIBILITIES file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FOUNDATION OF POSSIBILITIES 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 FOUNDATION OF POSSIBILITIES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of FOUNDATION OF POSSIBILITIES?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FOUNDATION OF POSSIBILITIES have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $3,270, expenses of $20,637 and total assets of $15,294 at year end.

Other nonprofits in MARLBOROUGH

All nonprofits in MARLBOROUGH · Connecticut · Education