Nonprofit · EIN 38-3654768
FOSTERING THE LIGHT FOUNDATION
Tax-exempt · MARTINSBURG, WV 25401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $565,789 | $554,480 | $11,309 | $48,666 | $37,269 | $11,397 |
| December 31, 2023 | 990 | $426,586 | $465,949 | -$39,363 | $88 | $0 | $88 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net income from gaming
- $565,789
- Other revenue
- $565,789
Expenses
- Grants and similar amounts paid
- $12,000
- Compensation of officers, directors and key employees
- $52,000
- Other salaries and wages
- $43,068
- Salaries, compensation and benefits (total)
- $104,077
- Professional fundraising fees
- $0
- Accounting fees
- $3,490
- Occupancy
- $273,800
- Program services (functional)
- $12,000
- Management and general (functional)
- $542,480
Balance sheet and other
- Total assets, start of year
- $88
- Total assets, end of year
- $48,666
- Total liabilities, end of year
- $37,269
- Net assets, end of year
- $11,397
- Gross receipts
- $2,671,926
- Employees
- 0
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 |
|---|---|---|---|
| Michael J Barrett | Director Trustee or director | 25 | $52,000 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael J Barrett | Director Trustee or director | 25 | $31,200 |
| Kristi Woodward | Director Trustee or director | 0 | $0 |
| Lisa Ratcliff | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 839 WINCHESTER AVE BOX 132, MARTINSBURG, WV 25401-1709
- In care of
- % BRENT JACKSON
- Mailing address (990-N for 2019)
- 43 ELWOOD STREET, MARTINSBURG WV 25401
- Principal officer (990 for 2024)
- Michael J Barrett, 1125 W King Street, Martinsburg, WV 25401
- Principal officer (990-N for 2019)
- CHRIS PERKINS, 43 ELWOOD STREET, MARTINSBURG WV 25401
- Signed the 990
- Michael J Barrett, Director
- Phone
- (304) 886-9907
- Return prepared by
- PriceRomine PLLC
Mission
Engage in programs that positively impact the lives of foster children in the Eastern Panhandle of West Virginia.
Program accomplishments
- Donations made to 501c3 organizations.Expenses $12,000
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 on file |
IRS record
- EIN
- 38-3654768
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F20)
- Assets (IRS master file)
- $48,666
- Income (IRS master file)
- $2,671,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $565,789 | $554,480 | $48,666 | IRS |
| 990 | December 2023 | $426,586 | $465,949 | $88 | IRS |
| 990 | December 2022 | $685,631 | $632,853 | $58,529 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: CHRIS PERKINS | December 31, 2019 | ≤ $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 38-3654768).
Questions about FOSTERING THE LIGHT FOUNDATION
- What is the EIN of FOSTERING THE LIGHT FOUNDATION?
- The employer identification number (EIN) of FOSTERING THE LIGHT FOUNDATION is 38-3654768.
- Is FOSTERING THE LIGHT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to FOSTERING THE LIGHT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOSTERING THE LIGHT 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 FOSTERING THE LIGHT 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 FOSTERING THE LIGHT FOUNDATION 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 FOSTERING THE LIGHT FOUNDATION?
- The 990 for the year ended December 31, 2024 names Michael J Barrett.
- Who are the officers and directors of FOSTERING THE LIGHT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $52,000 (Michael J Barrett, Director).
- How much revenue does FOSTERING THE LIGHT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $565,789, expenses of $554,480 and total assets of $48,666 at year end.
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All nonprofits in MARTINSBURG · West Virginia · Mental health and crisis intervention