Nonprofit · EIN 32-0532939
FRIENDS WITH BENEFIT CHARITY EVENTS INC
Tax-exempt · WILMINGTON, NC 28401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $768,836 | $839,766 | -$70,930 | $3,789 | $0 | $3,789 |
| December 31, 2024 | 990 | $347,090 | $229,511 | $117,579 | $92,291 | $3,750 | $88,541 |
| December 31, 2023 | 990 | $200,731 | $260,044 | -$59,313 | $13,375 | $42,413 | -$29,038 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $70,782
- Program service revenue
- $158,069
- Investment income
- -$3,593
- Net gain from sales of assets
- -$3,593
- Net income from fundraising events
- $525,106
- Net income from gaming
- $18,472
- Other revenue
- $543,578
Expenses
- Grants and similar amounts paid
- $23,875
- Compensation of officers, directors and key employees
- $50,900
- Other salaries and wages
- $60,433
- Salaries, compensation and benefits (total)
- $119,422
- Professional fundraising fees
- $0
- Legal fees
- $1,591
- Accounting fees
- $18,363
- Occupancy
- $245,807
- Travel
- $49,434
- Depreciation
- $2,669
- Program services (functional)
- $233,593
- Management and general (functional)
- $189,701
- Fundraising (functional)
- $416,472
Balance sheet and other
- Total assets, start of year
- $92,291
- Total assets, end of year
- $3,789
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,789
- Gross receipts
- $790,249
- Employees
- 19
- Volunteers
- 60
- Year formed
- 2017
- State of legal domicile
- AZ
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 |
|---|---|---|---|
| RAE AGOSTINO | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $50,900 |
| SLOAN PAXTON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CELESTE HANSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN O'LEARY | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAE AGOSTINO | EXECUTIVE DIRECTORBOARD MEMBER Trustee or director, Officer | 40 | $18,800 |
| SLOAN PAXTON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CELESTE HANSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOHN OLEARY | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAE AGOSTINO | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $21,590 |
| JOHN OLEARY | TREASURER Trustee or director, Officer | 1 | $0 |
| CELESTE HANSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| SLOAN PAXTON | PRESIDENT Trustee or director, Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 1121 S FRONT ST, WILMINGTON, NC 28401-5630
- In care of
- % RAE AGOSTINO
- Mailing address (990-N for 2017)
- 7500 E DEER VALLEY ROAD UNIT 30, SCOTTSDALE AZ 85255
- Principal officer (990 for 2025)
- RAE AGOSTINO, 1121 SOUTH FRONT STREET, WILMINGTON, NC 28401
- Principal officer (990-N for 2017)
- RAENIA AGOSTINO, 7500 E DEER VALLEY ROAD UNIT 30, SCOTTSDALE AZ 85255
- Signed the 990
- RAE AGOSTINO, EXECUTIVE DIRECTOR
- Phone
- (480) 712-9352
- Website
- FWBCHARITYEVENTS.COM
- Return prepared by
- EASY OFFICE DBA JITASA
Mission
WE ARE COMMITTED TO FOSTERING UNITY AND RAISING FUNDS FOR VARIOUS CAUSES BY ORGANIZING ENGAGING FUNDRAISING EVENTS AND CAMPAIGNS. 2025 INCLUDED GRANTING FUNDS TO ST. JUDE CHILDREN'S RESEARCH HOSPITAL AND THE V FOUNDATION. BY PARTICIPATING IN THESE EVENTS AND DONATIONS, FRIENDS WITH BENEFIT CHARITY EVENTS INC. CONTRIBUTES TO MAKING A POSITIVE IMPACT IN VARIOUS COMMUNITIES.
Program accomplishments
- THE SAVE TRIC CAMPAIGN WAS TO RAISE FUNDS TO RENOVATE AND SECURE THE FUTURE OF THE HISTORIC ONE TREE HILL FILMING LOCATION IN WILMINGTON, NCExpenses $233,593 · grants $23,875 · revenue $158,069
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 | 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
- 32-0532939
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $3,789
- Income (IRS master file)
- $790,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $768,836 | $839,766 | $3,789 | XML |
| 990 | December 2024 | $347,090 | $229,511 | $92,291 | XML |
| 990 | December 2023 | $200,731 | $260,044 | $13,375 | XML |
| 990 | December 2022 | $256,509 | $226,241 | $197,852 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: RAENIA AGOSTINO | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 32-0532939).
Questions about FRIENDS WITH BENEFIT CHARITY EVENTS INC
- What is the EIN of FRIENDS WITH BENEFIT CHARITY EVENTS INC?
- The employer identification number (EIN) of FRIENDS WITH BENEFIT CHARITY EVENTS INC is 32-0532939.
- Is FRIENDS WITH BENEFIT CHARITY EVENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to FRIENDS WITH BENEFIT CHARITY EVENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS WITH BENEFIT CHARITY EVENTS INC 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 FRIENDS WITH BENEFIT CHARITY EVENTS INC 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 FRIENDS WITH BENEFIT CHARITY EVENTS INC 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 FRIENDS WITH BENEFIT CHARITY EVENTS INC?
- The 990 for the year ended December 31, 2025 names RAE AGOSTINO.
- Who are the officers and directors of FRIENDS WITH BENEFIT CHARITY EVENTS INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $50,900 (RAE AGOSTINO, EXECUTIVE DIRECTOR).
- How much revenue does FRIENDS WITH BENEFIT CHARITY EVENTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $768,836, expenses of $839,766 and total assets of $3,789 at year end.
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