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Nonprofit · EIN 47-2566023

PAMELA S LANE SCHOLARSHIP FUND INC

Tax-exempt (reinstated) · MARBLEHEAD, MA 01945

Financials

$11K$2K2024
Revenue Expenses · by fiscal year end
Financials of PAMELA S LANE SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$10,965$1,525$9,440$41,884–$41,884
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Program service revenue
$10,965

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,350
Other expenses
$175
Program services (functional)
$1,525

Balance sheet and other

Total assets, start of year
$32,444
Total assets, end of year
$41,884
Total liabilities, end of year
–
Net assets, end of year
$41,884
Cash, savings and investments
$41,884
Gross receipts
$10,965

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.

NameTitleHours / weekCompensation
STEPHANIE C CLEARYPRESIDENT0$0
CORTNEY A CUMMINGSVICE PRESIDE0$0
CHARLES F SMITHTREASURER0$0
CAROL S SPILLANECLERK & RESI0$0
TIMOTHY FLYNNDIRECTOR0$0

Address and contacts

Address (IRS master file)
21 SUNSET RD, MARBLEHEAD, MA 01945-1457
In care of
% CHARLES F SMITH
Mailing address (990-N for 2021)
21 Sunset Road, Marblehead MA 01945
Principal officer (990-N for 2021)
Charles Smith, 21 Sunset Road, Marblehead MA 01945
Signed the 990-EZ
CHARLES F SMITH, TREASURER
Phone
(978) 453-2222
Return prepared by
MCLARNEY & COMPANY LLC

Mission

TO RAISE MONEY FOR THE PAMELA S LANE SCHOLARSHIP FUND, WHOSE PURPOSE IS TO HELP STUDENTS PAY FOR COLLEGE. TO PROVIDE SCHOLARSHIP FUNDS FOR STUDENTS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE SCHOLARSHIP FUNDS FOR STUDENTS.
    Expenses $1,525
  • TO PROVIDE SCHOLARSHIP FUNDS FOR STUDENTS.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
47-2566023
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
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$41,884
Income (IRS master file)
$10,965

Revocation and reinstatement

Exemption revoked
May 15, 2017
Posted by the IRS
August 16, 2017
Reinstated
Effective May 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$10,965$1,525$41,884IRS
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Charles Smith
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 47-2566023).

Questions about PAMELA S LANE SCHOLARSHIP FUND INC

What is the EIN of PAMELA S LANE SCHOLARSHIP FUND INC?
The employer identification number (EIN) of PAMELA S LANE SCHOLARSHIP FUND INC is 47-2566023.
Is PAMELA S LANE SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective May 15, 2017.
Are donations to PAMELA S LANE SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PAMELA S LANE SCHOLARSHIP FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PAMELA S LANE SCHOLARSHIP FUND 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 PAMELA S LANE SCHOLARSHIP FUND 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 PAMELA S LANE SCHOLARSHIP FUND INC?
The 990-N for 2021 names Charles Smith.
Who are the officers and directors of PAMELA S LANE SCHOLARSHIP FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PAMELA S LANE SCHOLARSHIP FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $10,965, expenses of $1,525 and total assets of $41,884 at year end.

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