Nonprofit · EIN 47-2566023
PAMELA S LANE SCHOLARSHIP FUND INC
Tax-exempt (reinstated) · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE C CLEARY | PRESIDENT | 0 | $0 |
| CORTNEY A CUMMINGS | VICE PRESIDE | 0 | $0 |
| CHARLES F SMITH | TREASURER | 0 | $0 |
| CAROL S SPILLANE | CLERK & RESI | 0 | $0 |
| TIMOTHY FLYNN | DIRECTOR | 0 | $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.
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 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 | Check 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $10,965 | $1,525 | $41,884 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Charles Smith | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 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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