Nonprofit · EIN 46-5276248
THE GIFT OF KNOWLEDGE INC
Tax-exempt · DURHAM, NC 27703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $41,831 | $41,356 | $475 | $2,021 | $84,593 | -$82,572 |
| June 30, 2024 | 990-EZ | $39,271 | $40,519 | -$1,248 | $1,661 | $84,732 | -$83,071 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $30,596
- Program service revenue
- $11,235
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $17,979
- Professional fees and payments to contractors
- $4,560
- Occupancy
- $11,393
- Printing, publications and postage
- $433
- Other expenses
- $6,991
Balance sheet and other
- Total assets, start of year
- $1,661
- Total assets, end of year
- $2,021
- Total liabilities, end of year
- $84,593
- Net assets, end of year
- -$82,572
- Cash, savings and investments
- $1,157
- Gross receipts
- $41,831
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Watkins | Executive Director | 40 | $0 |
990-EZ for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Watkins | Executive Director | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 634 POPLAR ST, DURHAM, NC 27703-9438
- Mailing address (990-N for 2015)
- 2722 East Main St, Durham NC 27703
- Principal officer (990-N for 2015)
- Deborah Watkins, 634 Poplar St, Durham NC 27703
- Signed the 990-EZ
- Deborah Watkins, Executive Director
- Phone
- (919) 818-8181
- Return prepared by
- LA WYNNPA Certified Public Accountant
Mission
Education
Program accomplishments
- Provided literacy and math to low-income kids in grades K-2
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 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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-5276248
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $2,021
- Income (IRS master file)
- $41,831
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $41,831 | $41,356 | $2,021 | XML |
| 990-EZ | June 2024 | $39,271 | $40,519 | $1,661 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Deborah Watkins | December 31, 2015 | ≤ $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 46-5276248).
Questions about THE GIFT OF KNOWLEDGE INC
- What is the EIN of THE GIFT OF KNOWLEDGE INC?
- The employer identification number (EIN) of THE GIFT OF KNOWLEDGE INC is 46-5276248.
- Is THE GIFT OF KNOWLEDGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to THE GIFT OF KNOWLEDGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE GIFT OF KNOWLEDGE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE GIFT OF KNOWLEDGE INC 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 THE GIFT OF KNOWLEDGE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of THE GIFT OF KNOWLEDGE INC?
- The 990-N for 2015 names Deborah Watkins.
- Who are the officers and directors of THE GIFT OF KNOWLEDGE INC?
- The 990-EZ for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does THE GIFT OF KNOWLEDGE INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $41,831, expenses of $41,356 and total assets of $2,021 at year end.
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