Nonprofit · EIN 47-3131767
PLATINUM BRAIN FOUNDATION
Also known as PLATINUM BRAIN
Tax-exempt (reinstated) · MEMPHIS, TN 38125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $250 | – | – | $0 | – | $250 |
| December 31, 2023 | 990-EZ | $125 | $1,000 | -$875 | $0 | – | -$875 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250
Expenses
- Compensation of officers, directors and key employees
- $1,750
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- $250
- Gross receipts
- $250
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 |
|---|---|---|---|
| KELSEY NORWOOD | ADMINISTRATIVE ASSISTANT | 20 | $1,750 |
| SHARON NORWOOD | EXECUTIVE DIRECTOR | 20 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON NORWOOD | EXECUUTIVE DIRECTOR | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 5464 HIGHTOR LN, MEMPHIS, TN 38125-4412
- In care of
- % SHARON NORWOOD
- Mailing address (990-N for 2017)
- 5464 hightor lane, memphis TN 38125
- Principal officer (990-N for 2017)
- Sharon R Norwood, 5464 Hightor Lane, Memphis TN 38125
- Signed the 990-EZ
- SHARON NORWOOD, EXECUTIVE DIRECTOR
- Phone
- (901) 628-5796
- Website
- theplatinumbrain.org
- Return prepared by
- ON TIME TAX SERVICES
Mission
RAISE AWARENESS OF BRIAN DISORDERS AND ANUERYSUMS
Program accomplishments
- NO GRANTS OR FUNDRAINING ACTIVITIES FOR 2024
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | Not on file |
| 2023 | May 31, 2024 | October 15, 2024 | Check at the IRS |
IRS record
- EIN
- 47-3131767
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2023
- Accounting year ends
- May
- Files
- Form 990-PF
- Category (NTEE)
- Voluntary health associations and medical disciplines (G11)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $100
Revocation and reinstatement
- Exemption revoked
- October 15, 2017
- Posted by the IRS
- December 8, 2018
- Reinstated
- Effective October 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 | $250 | – | $0 | XML |
| 990-EZ | December 2023 | $125 | $1,000 | $0 | XML |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Sharon R Norwood | May 31, 2018 | ≤ $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 47-3131767).
Questions about PLATINUM BRAIN FOUNDATION
- What is the EIN of PLATINUM BRAIN FOUNDATION?
- The employer identification number (EIN) of PLATINUM BRAIN FOUNDATION is 47-3131767.
- Is PLATINUM BRAIN FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on October 15, 2017 and reinstated it effective October 15, 2017.
- Are donations to PLATINUM BRAIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PLATINUM BRAIN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PLATINUM BRAIN FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PLATINUM BRAIN FOUNDATION 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 PLATINUM BRAIN FOUNDATION?
- The 990-N for 2017 names Sharon R Norwood.
- Who are the officers and directors of PLATINUM BRAIN FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $1,750 (KELSEY NORWOOD, ADMINISTRATIVE ASSISTANT).
- How much revenue does PLATINUM BRAIN FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $250 and total assets of $0 at year end.
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All nonprofits in MEMPHIS · Tennessee · Voluntary health associations and medical disciplines