Nonprofit · EIN 43-2050395
THE AD CLUB FOUNDATION INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $78,011 | $89,954 | -$11,943 | $16,002 | $0 | $16,002 |
| December 31, 2023 | 990 | $88,872 | $75,102 | $13,770 | $27,945 | $0 | $27,945 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $78,011
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $89,900
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $89,900
- Management and general (functional)
- $54
Balance sheet and other
- Total assets, start of year
- $27,945
- Total assets, end of year
- $16,002
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,002
- Gross receipts
- $78,011
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- MA
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Barbara Reilly | President & Director Trustee or director, Officer | 1 | $0 | $262,330 | $19,291 |
| George Sargent | Treasurer & Director Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Andrew Graff | Clerk & Director Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Barbara Reilly As of June 2023 | President & Director Trustee or director, Officer | 1 | $0 | $125,000 | $0 |
| Kathleen Kiely through May 2023 | President & Director Former | 1 | $0 | $105,769 | $7,941 |
| Sarah Fay | Treasurer & Director Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Andrew Graff | Clerk & Director Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 125 HIGH STREET, BOSTON, MA 02110-2704
- In care of
- % BARBARA REILLY
- Principal officer (990 for 2024)
- Barbara Reilly, 125 High Street, Boston, MA 02110
- Signed the 990
- Barbara Reilly, President
- Phone
- (617) 262-1100
- Website
- www.adclub.org
- Return prepared by
- Plante & Moran PLLC
Mission
The Ad Club Foundation funds scholarship programs for a diverse student body studying marketing communications. It provides matching funds for summer internship programs to give a diverse student body agency opportunities where there would otherwise not be any and it sponsors the Rosoff Diversity Award show which celebrates people who are succeeding in creating diverse workplaces in greater Boston, the Women's Leadership Forum and Media Innovation Day.
Program accomplishments
- Scholarship. The foundation supports the awarding of scholarships for marketing and media industries each year. Applications are reviewed and qualified students are provided with matching funds to attend a qualified education institution.Expenses $10,500 · grants $10,500
- Rosoff Sponsorship. The Foundation is a sponsor of the Rosoff Award Show. This is an annual event in which people who have made strides in diversity education and employment are recognized and celebrated. Arnold Rosoff was an agency president who made his agency the leader in diversity issues and in his name the diversity show celebrates those who have followed in his footsteps. The recipients are nominated by the people and are selected by the Rosoff Board. The recognition involved is a coveted award for success in an important field.Expenses $46,850 · grants $46,850
- Media Innovation Day is a daylong content event covering traditional, new and emerging media, and focusing on the rapid media and marking shifts that are impacting brands. It explores how and where consumers engage with, consume and experience media and how marketers and the media industry are evolving in order to succeed.Expenses $32,550 · grants $32,550
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
- 43-2050395
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $16,002
- Income (IRS master file)
- $78,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $78,011 | $89,954 | $16,002 | IRS |
| 990 | December 2023 | $88,872 | $75,102 | $27,945 | XML |
| 990 | December 2022 | $107,952 | $133,235 | $14,175 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 43-2050395).
Questions about THE AD CLUB FOUNDATION INC
- What is the EIN of THE AD CLUB FOUNDATION INC?
- The employer identification number (EIN) of THE AD CLUB FOUNDATION INC is 43-2050395.
- Is THE AD CLUB FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to THE AD CLUB FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE AD CLUB 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 THE AD CLUB 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 THE AD CLUB 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 THE AD CLUB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Barbara Reilly.
- Who are the officers and directors of THE AD CLUB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE AD CLUB FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $78,011, expenses of $89,954 and total assets of $16,002 at year end.
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