Nonprofit · EIN 47-0898719
KIMBERLEY L MARTIN FOUNDATION INC
Tax-exempt · HENRICO, VA 23075
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $144,141 | $113,233 | $30,908 | $402,258 | – | $401,972 |
| December 31, 2023 | 990-EZ | $154,765 | $127,734 | $27,031 | $371,064 | – | $371,100 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $142,975
- Investment income
- $1,166
Expenses
- Grants and similar amounts paid
- $53,000
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $350
- Other expenses
- $59,883
- Program services (functional)
- $53,000
Balance sheet and other
- Total assets, start of year
- $371,064
- Total assets, end of year
- $402,258
- Total liabilities, end of year
- –
- Net assets, end of year
- $401,972
- Cash, savings and investments
- $402,258
- Gross receipts
- $144,141
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 |
|---|---|---|---|
| KIMBERLY L MARTIN | PRESIDENT AND FOUNDER | 15 | $0 |
| LA VERNE BURRUS JOHNSON | SECRETARY | 1 | $0 |
| CATINA DOWNEY | CFO AND TREASURER | 4 | $0 |
| VINCE WALDRON | BOARD MEMBER | 1 | $0 |
| JAY ALLEN | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLEY L MARTIN | PRESIDENT AND FOUNDER | 15 | $0 |
| CATINA DOWNEY | CFO AND TREASURER | 4 | $0 |
| VINCE WALDRON | BOARD MEMBER | 1 | $0 |
| LA VERNE BURRUSJOHNSON | SECRETARY | 2 | $0 |
| ORLANDO ALLEN | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 81, HENRICO, VA 23075-0081
- In care of
- % KIMBERLEY L MARTIN
- Mailing address (990-N for 2007)
- P O Box 3081, Richmond VA 23228
- Principal officer (990-N for 2007)
- Kimberley L Martin, PO Box 3081, Richmond VA 23228
- Signed the 990-EZ
- CATINA DOWNEY, CFO
- Phone
- (804) 687-1829
- Website
- www.klmfoundation.org
Mission
OUR MISSION IS TO MAKE EDUCATION AFFORDABLE AND CAREER GOALS POSSIBLE. THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS AND DISTRIBUTE BOOK SCHOLARSHIP AWARDS.
Program accomplishments
- BOOK SCHOLARSHIPSExpenses $53,000
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-0898719
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $402,258
- Income (IRS master file)
- $144,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $144,141 | $113,233 | $402,258 | IRS |
| 990-EZ | December 2023 | $154,765 | $127,734 | $371,064 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2007 Officer: Kimberley L Martin | December 31, 2007 | ≤ $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 47-0898719).
Questions about KIMBERLEY L MARTIN FOUNDATION INC
- What is the EIN of KIMBERLEY L MARTIN FOUNDATION INC?
- The employer identification number (EIN) of KIMBERLEY L MARTIN FOUNDATION INC is 47-0898719.
- Is KIMBERLEY L MARTIN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to KIMBERLEY L MARTIN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KIMBERLEY L MARTIN 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 KIMBERLEY L MARTIN 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 KIMBERLEY L MARTIN FOUNDATION INC 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 KIMBERLEY L MARTIN FOUNDATION INC?
- The 990-N for 2007 names Kimberley L Martin.
- Who are the officers and directors of KIMBERLEY L MARTIN FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does KIMBERLEY L MARTIN FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $144,141, expenses of $113,233 and total assets of $402,258 at year end.
Other nonprofits in HENRICO
- HENRICO EDUCATION FOUNDATION INCORPORATED EIN 54-1893274 · last filed 990 for 2025
- J SARGEANT REYNOLDS COMMUNITY EIN 54-1130296 · last filed 990 for 2025
- LYNNHAVEN SCHOOL INC EIN 27-1905897 · last filed 990 for 2026
- TPLS INC EIN 26-0301226 · last filed 990 for 2025
- HOUSING OPTIONS INC EIN 54-1872246 · last filed 990 for 2025
- DECCAN ALUMNI ASSOCIATION OF NORTH AMERICA EIN 81-3214114 · last filed 990 for 2025
- HERMITAGE HIGH SCHOOL ATHLETIC BOOSTER CLUB EIN 47-1641130 · last filed 990-EZ for 2025
- DS FREEMAN HS BAND BOOSTERS EIN 47-4707572 · last filed 990-EZ for 2025