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Nonprofit · EIN 41-2218138

G & B FOUNDATIONS INC

Tax-exempt · BRONX, NY 10452

Financials

$6K$4K2020$28K$25K2022$27K$30K2023
Revenue Expenses · by fiscal year end
Financials of G & B FOUNDATIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2024990-EZ$26,803$29,521-$2,718$9,681–$9,681
October 31, 2023990-EZ$27,664$25,016$2,648$12,399–$12,399
October 31, 2021990-EZ$5,532$4,164$1,368$10,524–$10,524
Financial details: 990-EZ for the year ended October 31, 2024

Revenue

Contributions, gifts and grants
$26,803

Expenses

Grants and similar amounts paid
$8,964
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$700
Printing, publications and postage
$1,283
Other expenses
$18,574
Program services (functional)
$8,964

Balance sheet and other

Total assets, start of year
$12,399
Total assets, end of year
$9,681
Total liabilities, end of year
–
Net assets, end of year
$9,681
Cash, savings and investments
$9,681
Gross receipts
$26,803

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 October 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GLORIA BENFIELDPRESIDENT20$0
BEVERLY WHEELERSECRETARY5$0
LOTTIE TANNTREASURER5$0
ANN LINDSEYADVISOR1$0
ANNETTE MERRITTEXECUTIVE COMMITEE MBR1$0
SANDRA WALTERSEXECUTIVE COMMITEE MBR1$0
CHRELLE SILVERAEXECUTIVE COMMITEE MBR1$0
DANIEL SILVERAEXECUTIVE COMMITEE MBR1$0
MARIE STROUDEXECUTIVE COMMITEE MBR1$0
990-EZ for the year ended October 31, 2023: 10 people
NameTitleHours / weekCompensation
GLORIA BENFIELDPRESIDENT20$0
BEVERLY WHEELERSECRETARY5$0
LOTTIE TANNTREASURER5$0
ANN LINDSEYADVISOR1$0
ANNETTE MERRITTEXECUTIVE COMMITEE MBR1$0
SANDRA WALTERSEXECUTIVE COMMITEE MBR1$0
CHRELLE SILVERAEXECUTIVE COMMITEE MBR1$0
REV DR AGNES BLACKMONEXECUTIVE COMMITEE MBR1$0
GRACE SIMMONSEXECUTIVE COMMITEE MBR1$0
KESHAWN SWANTSONEXECUTIVE COMMITEE MBR1$0
990-EZ for the year ended October 31, 2021: 10 people
NameTitleHours / weekCompensation
GLORIA BENFIELDPRESIDENT15$0
BEVERLY WHEELERSECRETARY5$0
LOTTIE TANNTREASURER5$0
ANN LINDSEYADVISOR1$0
ANNETTE MERRITTEXECUTIVE COMMITEE MBR1$0
SANDRA WALTERSEXECUTIVE COMMITEE MBR1$0
CHRELLE SILVERAEXECUTIVE COMMITEE MBR1$0
REV DR AGNES BLACKMONEXECUTIVE COMMITEE MBR1$0
GRACE SIMMONSEXECUTIVE COMMITEE MBR1$0
KESHAWN SWANTSONEXECUTIVE COMMITEE MBR1$0

Address and contacts

Address (IRS master file)
1070 OGDEN AVENUE 6-C, BRONX, NY 10452-4608
In care of
% GLORIA J BENFIELD
Mailing address (990-N for 2007)
1070 Ogden Avenue Suite 6C, Bronx NY 10452
Principal officer (990-N for 2007)
Gloria Benfield, 1070 Ogden avenuesuite6c, Bronx NY 10452
Signed the 990-EZ
Gloria Benfield, PRESIDENT
Return prepared by
TAXPERTS COMPANY INC

Mission

FAMILY & EDUCATION ENHANCEMENT

990-EZ for the year ended October 31, 2024

Program accomplishments

  • COLLEGE SCHOLARSHIPS FOR 5 STUDENTS PLUS ADDITIONAL GRANTS FOR OTHER EDUCATIONAL ORGANIZATIONS
    Expenses $5,250 · grants $5,250
  • BACK TO SCHOOL/STAY IN SCHOOL PROGRAM BOOK BAG & SCHOOL SUPPLY INITIATIVE
    Expenses $3,714

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026Not on file
2023October 31, 2024March 17, 2025990-EZ on file
2022October 31, 2023March 15, 2024990-EZ on file

IRS record

EIN
41-2218138
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
2007
Accounting year ends
October
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$9,681
Income (IRS master file)
$26,803

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZOctober 2024–––IRS
990-EZOctober 2023$27,664$25,016$12,399IRS
990-EZOctober 2022–––IRS
990-EZOctober 2021–––IRS
990-EZOctober 2020–––IRS
990-EZOctober 2018–––IRS
990-N for 2007
Officer: Gloria Benfield
October 31, 2008≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about G & B FOUNDATIONS INC

What is the EIN of G & B FOUNDATIONS INC?
The employer identification number (EIN) of G & B FOUNDATIONS INC is 41-2218138.
Is G & B FOUNDATIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to G & B FOUNDATIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does G & B FOUNDATIONS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of G & B FOUNDATIONS INC due?
The return for tax year 2024 (the year ending October 31, 2025) is due March 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did G & B FOUNDATIONS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended October 2024.
Who is the principal officer of G & B FOUNDATIONS INC?
The 990-N for 2007 names Gloria Benfield.
Who are the officers and directors of G & B FOUNDATIONS INC?
The 990-EZ for the year ended October 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does G & B FOUNDATIONS INC have?
On its 990-EZ for the year ended October 31, 2024 it reported revenue of $26,803, expenses of $29,521 and total assets of $9,681 at year end.

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