Nonprofit · EIN 32-0722992
M FRANCES INC
Tax-exempt · WASHINGTON, DC 20002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,765,452 | $400,422 | $1,365,030 | $2,643,143 | $1,278,113 | $1,365,030 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,466,384
- Program service revenue
- $299,068
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $115,157
- Salaries, compensation and benefits (total)
- $134,716
- Professional fundraising fees
- $0
- Accounting fees
- $13,500
- Occupancy
- $66,183
- Travel
- $1,998
- Depreciation
- $51,844
- Program services (functional)
- $400,422
Balance sheet and other
- Total assets, start of year
- $528,658
- Total assets, end of year
- $2,643,143
- Total liabilities, end of year
- $1,278,113
- Net assets, end of year
- $1,365,030
- Land, buildings and equipment
- $1,781,908
- Net assets without donor restrictions
- $1,365,030
- Gross receipts
- $1,765,452
- Employees
- 25
- Year formed
- 2023
- State of legal domicile
- KY
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN JOHNSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KAREN KEITH | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| EDWARD LEE | CREATIVE DIR Trustee or director, Officer | 10 | $0 |
| KATY SCHMID | TREASURER Trustee or director, Officer | 1 | $0 |
| DON WENZEL | SECRETERY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1252 4TH ST NE, WASHINGTON, DC 20002-3457
- Principal officer (990 for 2024)
- EDWARD LEE
- Signed the 990
- EDWARD LEE, CREATIVE DIRECTOR
- Phone
- (954) 873-6447
- Website
- WWW.SHIARESTAURANT.ORG
- 990-N for 2023 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: EDWARD LEE, 1427 HIGHLAND AVENUE, LOUISVILLE KY 40204. Mailing address: 1252 4TH STREET NE, WASHINGTON DC 20002.
- Return prepared by
- HENDERMAN JESSEE AND CO PLLC
Mission
OPERATE RESTAURANT THAT PROVIDES CONTINUING EDUCATION, JOB TRAINING, MENTORSHIP, LEADERSHIP OPPORTUNITIES AND RESOURCES TO THOSE PURSUING EMPLOYMENT IN THE RESTAURANT INDUSTRY.
Program accomplishments
- OPERATE RESTAURANT THAT (1) PROVIDES CONTINUED EDUCATION AND MENTORSHIP FOR NEXT GENERATION OF CHEFS AND RESTAURANTEURS, (2) CONDUCTS RESEARCH AND SHARES ITS FINDINGS IN HOW RESTAURANTS CAN BE MORE SUSTAINABLE IN CUTTING PLASTIC, FOOD WASTE, AND GAS, AND (3) CONDUCTS RESEARCH AND INTIATIVES TO ELEVATE TRADITIONAL KOREAN FOOD AND CELEBRATE DIVERSITY IN CUISINES FOR A WIDER AUDIENCE.Expenses $400,422
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 32-0722992
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $2,643,143
- Income (IRS master file)
- $1,765,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,765,452 | $400,422 | $2,643,143 | XML |
| 990-N for 2023 Officer: EDWARD LEE Filed under this EIN, most likely by a chapter or affiliate | December 31, 2023 | ≤ $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 32-0722992).
Questions about M FRANCES INC
- What is the EIN of M FRANCES INC?
- The employer identification number (EIN) of M FRANCES INC is 32-0722992.
- Is M FRANCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to M FRANCES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does M FRANCES 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 M FRANCES INC 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 M FRANCES INC 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 M FRANCES INC?
- The 990 for the year ended December 31, 2024 names EDWARD LEE.
- Who are the officers and directors of M FRANCES INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does M FRANCES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,765,452, expenses of $400,422 and total assets of $2,643,143 at year end.
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