Nonprofit · EIN 45-3621984
FRANKFORD VALLEY FOUNDATION FOR LITERACY II
Tax-exempt · PHILADELPHIA, PA 19111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,140,577 | $2,691,911 | $448,666 | $29,263,833 | $30,492,867 | -$1,229,034 |
| June 30, 2024 | 990 | $1,928,378 | $3,277,149 | -$1,348,771 | $29,046,402 | $30,724,102 | -$1,677,700 |
| June 30, 2023 | 990 | $2,903,313 | $3,426,883 | -$523,570 | $27,610,651 | $27,939,580 | -$328,929 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,753,268
- Investment income
- $323,254
- Other revenue
- $64,055
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $231
- Accounting fees
- $14,092
- Occupancy
- $86,994
- Depreciation
- $715,935
- Program services (functional)
- $2,687,032
- Management and general (functional)
- $4,879
Balance sheet and other
- Total assets, start of year
- $29,046,402
- Total assets, end of year
- $29,263,833
- Total liabilities, end of year
- $30,492,867
- Net assets, end of year
- -$1,229,034
- Land, buildings and equipment
- $21,904,855
- Net assets without donor restrictions
- -$1,229,034
- Gross receipts
- $3,140,577
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2011
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA L SAUNDERS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANITA VEGA-KAISER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LIONEL S ARCHER Jr | TREASURER Trustee or director, Officer | 1 | $0 |
| MARIANNE LYNCH | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA SAUNDERS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANITA VEGA-KAISER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LIONEL S ARCHER JUNIOR | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA L SAUNDERS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANITA VEGA-KAISER | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1330 RHAWN ST, PHILADELPHIA, PA 19111-2802
- In care of
- % SANTILLI & THOMSON LLC
- Principal officer (990 for 2024)
- BARBARA L SAUNDERS, 1330 Rhawn Street, Philadelphia, PA 19111
- Signed the 990
- BARBARA L SAUNDERS, PRESIDENT
- Phone
- (856) 505-1300
- Return prepared by
- WITHUMSMITHBROWN PC
Mission
THE FRANKFORD VALLEY FOUNDATION FOR LITERACY II IS A NON PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR ADVANCEMENT TO EVERY MEMBER OF THE COMMUNITY.
Program accomplishments
- THE FRANKFORD VALLEY FOUNDATION FOR LITERACY II IS A NON PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR ADVANCEMENT TO EVERY MEMBER OF THE COMMUNITY.Expenses $2,687,032 · revenue $2,753,268
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3621984
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $29,263,833
- Income (IRS master file)
- $3,140,577
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,140,577 | $2,691,911 | $29,263,833 | IRS |
| 990 | June 2024 | $1,928,378 | $3,277,149 | $29,046,402 | XML |
| 990 | June 2023 | $2,903,313 | $3,426,883 | $27,610,651 | XML |
| 990 | June 2022 | $2,865,758 | $2,926,105 | $28,680,827 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 45-3621984).
Questions about FRANKFORD VALLEY FOUNDATION FOR LITERACY II
- What is the EIN of FRANKFORD VALLEY FOUNDATION FOR LITERACY II?
- The employer identification number (EIN) of FRANKFORD VALLEY FOUNDATION FOR LITERACY II is 45-3621984.
- Is FRANKFORD VALLEY FOUNDATION FOR LITERACY II tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to FRANKFORD VALLEY FOUNDATION FOR LITERACY II tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does FRANKFORD VALLEY FOUNDATION FOR LITERACY II 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 FRANKFORD VALLEY FOUNDATION FOR LITERACY II due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKFORD VALLEY FOUNDATION FOR LITERACY II last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRANKFORD VALLEY FOUNDATION FOR LITERACY II?
- The 990 for the year ended June 30, 2025 names BARBARA L SAUNDERS.
- Who are the officers and directors of FRANKFORD VALLEY FOUNDATION FOR LITERACY II?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does FRANKFORD VALLEY FOUNDATION FOR LITERACY II have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,140,577, expenses of $2,691,911 and total assets of $29,263,833 at year end.
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