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Nonprofit · EIN 47-5635087

FREEWISHES FOUNDATION INC

Tax-exempt (reinstated) · DECATUR, GA 30035

Financials

$242K$214K2024
Revenue Expenses · by fiscal year end
Financials of FREEWISHES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$241,851$213,710$28,141$3,261,760$14,115$3,247,645
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$241,851
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$64,508
Compensation of officers, directors and key employees
$109,000
Salaries, compensation and benefits (total)
$118,860
Professional fundraising fees
$0
Accounting fees
$390
Program services (functional)
$149,368
Management and general (functional)
$25,834
Fundraising (functional)
$14,000

Balance sheet and other

Total assets, start of year
$3,361,477
Total assets, end of year
$3,261,760
Total liabilities, end of year
$14,115
Net assets, end of year
$3,247,645
Land, buildings and equipment
$53,928
Net assets without donor restrictions
$3,247,645
Gross receipts
$241,851
Employees
1
State of legal domicile
GA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHANIE JESTERPRESIDENT
Officer
10–
TIAWANA WILBURNVICE-PRESIDENT
Officer
40$0

Address and contacts

Address (IRS master file)
2579 PARK CENTRAL BLVD, DECATUR, GA 30035-3905
Principal officer (990 for 2024)
STEPHANIE JESTER, 922 HWY 81E STE 321, McDonough, GA 30252
Signed the 990
STEPHANIE JESTER, PRESIDENT
Return prepared by
Odis T Dawkins CPA

Mission

FREEWISHES FOUNDATION IS COMMITTED TO UPLIFTING UNDERSERVED INDIVIDUALS AND FAMILIES THROUGH WELLNESS INITIATIVES, EDUCATIONAL SUPPORT, AND DIRECT COMMUNITY ASSISTANCE

990 for the year ended December 31, 2024

Program accomplishments

  • I AM A DREAMER TUITION AND SCHOLARSHIP PROGRAM-PROVIDED EDUCATIONAL ASSISTANCE THROUGH TUITION SUPPORT AND SCHOLARSHIP OPPORTUNITIES FOR DESERVING STUDENTS PURSUING ACADEMIC ADVANCEMENT AND CARRER GOALS
    Expenses $26,549 · grants $26,549
  • Expenses $30,000
  • Expenses $7,710

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

IRS record

EIN
47-5635087
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,261,760
Income (IRS master file)
$241,851

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

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
990December 2024$241,851$213,710$3,261,760IRS
990December 2020–––IRS
990December 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 47-5635087).

Questions about FREEWISHES FOUNDATION INC

What is the EIN of FREEWISHES FOUNDATION INC?
The employer identification number (EIN) of FREEWISHES FOUNDATION INC is 47-5635087.
Is FREEWISHES FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to FREEWISHES FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEWISHES 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 FREEWISHES 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 FREEWISHES FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FREEWISHES FOUNDATION INC?
The 990 for the year ended December 31, 2024 names STEPHANIE JESTER.
Who are the officers and directors of FREEWISHES FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does FREEWISHES FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $241,851, expenses of $213,710 and total assets of $3,261,760 at year end.

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