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Nonprofit · EIN 34-1943092

PRESIDENTS COUNCIL FOUNDATION INC

Tax-exempt · CLEVELAND, OH 44120

Financials

$693K$594K2023$466K$686K2024
Revenue Expenses · by fiscal year end
Financials of PRESIDENTS COUNCIL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$466,001$685,985-$219,984$886,686$74,037$812,649
December 31, 2023990$693,263$594,094$99,169$1,057,028$466,895$590,133
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$464,450
Membership dues
$156,250
Program service revenue
$0
Investment income
$0
Other revenue
$1,551

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$303,678
Salaries, compensation and benefits (total)
$348,957
Professional fundraising fees
$0
Occupancy
$24,798
Travel
$9,549
Depreciation
$1,355
Program services (functional)
$314,383
Management and general (functional)
$313,071
Fundraising (functional)
$58,531

Balance sheet and other

Total assets, start of year
$1,057,028
Total assets, end of year
$886,686
Total liabilities, end of year
$74,037
Net assets, end of year
$812,649
Land, buildings and equipment
$4,459
Publicly traded securities
$173
Net assets without donor restrictions
$477,649
Net assets with donor restrictions
$335,000
Gross receipts
$466,001
Employees
8
Year formed
2000
State of legal domicile
OH

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.

NameTitleHours / weekCompensation
NICHOLAS PERRYOUTGOING PRE
Officer
1$154,019
MICHAEL BOWENDIRECTOR
Trustee or director
1$0
JOESPH CHUBBDIRECTOR
Trustee or director
1$0
NECOLE CUMBERLANDERDIRECTOR
Trustee or director
1$0
TERRELL DILLARDDIRECTOR
Trustee or director
1$0
ANDRE GOOSBYDIRECTOR
Trustee or director
1$0
BRIAN HALLCHAIRMAN
Trustee or director, Officer
1$0
EDDIE TAYLOR JRDIRECTOR
Trustee or director
1$0
SUZANNE MIKLOSDIRECTOR
Trustee or director
1$0
RICHARD PERRYDIRECTOR
Trustee or director
1$0
LARESE PURNELLDIRECTOR
Trustee or director
1$0
TAMEKA TAYLORSECRETARY
Trustee or director, Officer
1$0
THOMAS WALTERMIREDIRECTOR
Trustee or director
1$0
JAMIE WARDERDIRECTOR
Trustee or director
1$0
MARK WILLIAMSTREASURER
Trustee or director, Officer
1$0
1 more people on this return
NameTitleHours / weekCompensation
DANIELLE SYDNORINCOMING PRE
Officer
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
NECOLE CUMBERLANDERDIRECTOR
Trustee or director
1$0
N MICHAEL OBIDIRECTOR
Trustee or director
1$0
MICHAEL W BOWENDIRECTOR
Trustee or director
1$0
THOMAS WALTERMIREDIRECTOR
Trustee or director
1$0
JAMIE WARDERDIRECTOR
Trustee or director
1$0
LARESE PURNELLDIRECTOR
Trustee or director
0$0
JOSEPH CHUBBDIRECTOR
Trustee or director
1$0
TERRELL DILLARDDIRECTOR
Trustee or director
1$0
RICHARD C PERRYDIRECTOR
Trustee or director
1$0
SUZZANNE MIKLOSDIRECTOR
Trustee or director
1$0
ARIANE KIRKPATRICKVICE CHAIR
Trustee or director, Officer
1$0
BRIAN E HALLCHAIRMAN
Trustee or director, Officer
1$0
EDDIE TAYLOR JRDIRECTOR
Trustee or director, Officer
1$0
MARK WILLIAMSTREASURER
Trustee or director, Officer
1$0
TAMEKA TAYLORSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
13815 KINSMAN RD, CLEVELAND, OH 44120-4417
In care of
% NICHOLAS PERRY
Principal officer (990 for 2024)
DANIELLE SYDNOR, 2814 DETROIT AVENUE, CLEVELAND, OH 44115
Signed the 990
DANIELLE SYDNOR, INCOMING PRESIDENT
Phone
(216) 771-8702
Return prepared by
MCMANAMON & CO LLC

Mission

AS A CATALYST OF INCLUSION THE PRESIDENTS COUNCIL SUPPORT, DEVELOPS & ADVOCATES FOR ITS REGION'S CURRENT AND FUTURE GENERATIONS

990 for the year ended December 31, 2024

Program accomplishments

  • THE PRESIDENTS' COUNCIL RECOGNIZES THAT BLACK BUSINESS GROWTH CREATES A WEALTH GENERATION MODEL THAT PROVIDES A POWERFUL IMPACT ON OUR COMMUNITY. FOSTERING THAT GROWTH THROUGH OUR EVENTS, PC SCHOLARS PROGRAM AND BUSINESS SOLUTIONS SUITE EMPOWERS BLACK BUSINESS OWNERS WITH THE KNOWLEDGE, ATTITUDES, SKILLS AND ASPIRATIONS NEEDED TO PRODUCE A POSITIVE EFFECT ON THE COMMUNITY AT LARGE.
    Expenses $314,383

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

IRS record

EIN
34-1943092
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$886,686
Income (IRS master file)
$466,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$466,001$685,985$886,686IRS
990December 2023$693,263$594,094$1,057,028XML
990December 2022$1,770,809$574,675$1,350,368IRS
990December 2021–––IRS
990August 2021–––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 34-1943092).

Questions about PRESIDENTS COUNCIL FOUNDATION INC

What is the EIN of PRESIDENTS COUNCIL FOUNDATION INC?
The employer identification number (EIN) of PRESIDENTS COUNCIL FOUNDATION INC is 34-1943092.
Is PRESIDENTS COUNCIL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to PRESIDENTS COUNCIL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESIDENTS COUNCIL FOUNDATION 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 PRESIDENTS COUNCIL FOUNDATION 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 PRESIDENTS COUNCIL FOUNDATION 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 PRESIDENTS COUNCIL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DANIELLE SYDNOR.
Who are the officers and directors of PRESIDENTS COUNCIL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $154,019 (NICHOLAS PERRY, OUTGOING PRE).
How much revenue does PRESIDENTS COUNCIL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $466,001, expenses of $685,985 and total assets of $886,686 at year end.

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