Nonprofit · EIN 39-4169085
FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED
Tax-exempt · CHARLOTTE, NC 28217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $6,100 | $4,308 | $1,792 | $0 | – | $1,792 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,100
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $308
- Other expenses
- $4,000
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- $1,792
- Gross receipts
- $6,100
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nakido Joseph | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- UNIT 8662 4111E ROSE LAKE DRIVE, CHARLOTTE, NC 28217-2858
- Signed the 990-EZ
- Nakido Joseph, Officer
- Return prepared by
- Christian Onyemem CPA Firm
Mission
The primary exempt purpose of the organization is to provide charitable and educational support to underserved individuals and communities through scholarships, mentorship, educational assistance, and community development programs in the United States and internationally.
Program accomplishments
- The organization supported program that provided educational assistance, membership, and community support for undeserved individuals
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 39-4169085
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Income (IRS master file)
- $6,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $6,100 | $4,308 | $0 | XML |
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 39-4169085).
Questions about FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED
- What is the EIN of FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED?
- The employer identification number (EIN) of FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED is 39-4169085.
- Is FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED 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 OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does FRIENDS OF A BETTER CHANCE FOUNDATI ON USA INCORPORATED have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $6,100, expenses of $4,308 and total assets of $0 at year end.
Other nonprofits in CHARLOTTE
- QUEENS UNIVERSITY OF CHARLOTTE EIN 56-0530003 · last filed 990 for 2024
- PROVIDENCE DAY SCHOOL EIN 56-0952382 · last filed 990 for 2025
- CHARLOTTE COUNTRY DAY SCHOOL EIN 56-0623935 · last filed 990 for 2025
- CHARLOTTE LATIN SCHOOLS INC EIN 56-0944449 · last filed 990 for 2025
- JOHNSON C SMITH UNIVERSITY INCORPORATED EIN 25-0983069 · last filed 990 for 2025
- AMITY MEDICAL GROUP INC EIN 47-1195624 · last filed 990 for 2025
- MECKLENBURG PARTNERSHIP FOR CHILDREN EIN 56-1853108 · last filed 990 for 2025
- MOVEMENT CHARTER SCHOOL EIN 47-5153366 · last filed 990 for 2025