Nonprofit · EIN 41-1866168
INSTITUTE FOR RELEASING INITIATIVE
Tax-exempt · BROOKLYN, NY 11232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $9,377 | $26,529 | -$17,152 | $222 | $1,000 | -$778 |
| December 31, 2023 | 990-EZ | $17,544 | $6,542 | $11,002 | $16,374 | – | $16,374 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,377
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $26,529
Balance sheet and other
- Total assets, start of year
- $16,374
- Total assets, end of year
- $222
- Total liabilities, end of year
- $1,000
- Net assets, end of year
- -$778
- Cash, savings and investments
- $222
- Gross receipts
- $9,377
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETSY DAMON | Director | 20 | $0 |
| LUCY BLAKE-ELAHI | Vice President | 10 | $0 |
| LONNIE FEATHER | Secretary | 10 | $0 |
| DANIELLE MILAN | Vice President | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETSY DAMON | Director | 20 | $0 |
| LUCY BLAKE-ELAHI | Vice President | 10 | $0 |
| LONNIE FEATHER | Secretary | 10 | $0 |
| DANIELLE MILAN | Vice President | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 191 22ND ST, BROOKLYN, NY 11232-1303
- In care of
- % LONNIE FEATHER
- Mailing address (990-N for 2020)
- 191 22ND STREET, BROOKLYN NY 11232
- Principal officer (990-N for 2020)
- BETSY DAMON, 191 22ND STREET, BROOKLYN NY 11232
- Signed the 990-EZ
- BETSY DAMON, Director
- Phone
- (917) 977-1411
- Website
- WWW.KEEPERSOFTHEWATERS.ORG
- Return prepared by
- DEODAT S SINGH CPA PC
Mission
TO INSPIRE AND PROMOTE PROJECTS THAT COMBINE ART, SCIENCE, AN COMMUNITY INVOLVEMENT TO RESTORE, PRESERVE AND REMEDIATE WATER SOURCES.
Program accomplishments
- TO INSPIRE AND PROMOTE PROJECTS THAT COMBINE ART, SCIENCE, AN COMMUNITY INVOLVEMENT TO RESTORE, PRESERVE AND REMEDIATE WATER SOURCES.
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 41-1866168
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $222
- Income (IRS master file)
- $9,377
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $9,377 | $26,529 | $222 | IRS |
| 990-EZ | December 2023 | $17,544 | $6,542 | $16,374 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: BETSY DAMON | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: BETSY DAMON | 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 41-1866168).
Questions about INSTITUTE FOR RELEASING INITIATIVE
- What is the EIN of INSTITUTE FOR RELEASING INITIATIVE?
- The employer identification number (EIN) of INSTITUTE FOR RELEASING INITIATIVE is 41-1866168.
- Is INSTITUTE FOR RELEASING INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to INSTITUTE FOR RELEASING INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR RELEASING INITIATIVE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of INSTITUTE FOR RELEASING INITIATIVE 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 INSTITUTE FOR RELEASING INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of INSTITUTE FOR RELEASING INITIATIVE?
- The 990-N for 2020 names BETSY DAMON.
- Who are the officers and directors of INSTITUTE FOR RELEASING INITIATIVE?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR RELEASING INITIATIVE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $9,377, expenses of $26,529 and total assets of $222 at year end.
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