Nonprofit · EIN 52-1739193
EMPLOYEE OWNERSHIP FOUNDATION INC
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,481,008 | $1,522,108 | -$41,100 | $2,608,748 | $604,731 | $2,004,017 |
| December 31, 2023 | 990 | $1,094,472 | $931,420 | $163,052 | $2,116,576 | $57,882 | $2,058,694 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $889,366
- Program service revenue
- $443,625
- Investment income
- $148,017
- Net gain from sales of assets
- $95,727
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $79,683
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $650
- Accounting fees
- $17,365
- Travel
- $11,465
- Program services (functional)
- $1,223,404
- Management and general (functional)
- $245,842
- Fundraising (functional)
- $52,862
Balance sheet and other
- Total assets, start of year
- $2,116,576
- Total assets, end of year
- $2,608,748
- Total liabilities, end of year
- $604,731
- Net assets, end of year
- $2,004,017
- Publicly traded securities
- $1,851,142
- Net assets without donor restrictions
- $2,004,017
- Gross receipts
- $1,690,336
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1991
- State of legal domicile
- DC
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BONHAM | PRESIDENT & CEO Officer | 5 | $72,513 | $507,594 | $37,913 |
| KRISTIE MARK | CHIEF OPERATING OFFICER Highest-paid employee | 10 | $84,662 | $253,984 | $56,584 |
| DANIELLE DUFFY | SENIOR DIRECTOR OF OPERATIONS Highest-paid employee | 9 | $30,000 | $142,500 | $26,197 |
| DAVID FITZ-GERALD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVE EARLE | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARA BENNINGFIELD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CONNIE BURNETTE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALI JAMSHIDI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KAREN ELLIS | CHAIR - ASSOCIATION Trustee or director | 1 | $0 | $0 | $0 |
| ROBYN POLLINA | MEMBER - UNTIL 4/2024 Trustee or director | 1 | $0 | $0 | $0 |
| GARY SHORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BECKY STREFF | CHAIR SRCC Trustee or director | 1 | $0 | $0 | $0 |
| LORI STUART | MEMBER - UNTIL 4/2024 Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BONHAM | PRESIDENT & CEO Officer | 5 | $68,880 | $482,163 | $32,820 |
| KRISTIE MARK | COO Highest-paid employee | 10 | $76,522 | $229,566 | $35,601 |
| DAVID FITZ-GERALD | CHAIR - AS OF 5/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CINDY TURCOT IMMEDIATE | PAST CHAIR - AS OF 5/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK LOMELE IMMEDIATE | PAST CHAIR - UNTIL 4/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVE EARLE | SECRETARY/TREASURER - AS OF 5/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DERRICK VICK | SECRETARY/TREASURER - UNTIL 4/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALI JAMSHIDI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KAREN L ELLIS | CHAIR - ASSOCIATION Trustee or director | 1 | $0 | $0 | $0 |
| ROBYN POLLINA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GARY SHORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BECKY STREFF | CHAIR SRCC Trustee or director | 1 | $0 | $0 | $0 |
| LORI STUART | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 MASSACHUSETTS AVE NW STE 410, WASHINGTON, DC 20001-5657
- Principal officer (990 for 2024)
- JAMES J BONHAM, 200 MASSACHUSETTS AVENUE NW 410, WASHINGTON, DC 20001
- Signed the 990
- JAMES J BONHAM, PRESIDENT & CEO
- Phone
- (202) 293-2971
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE EMPLOYEE OWNERSHIP FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT PROGRAMS THAT WILL INCREASE THE LEVEL OF AWARENESS AND APPRECIATION OF THE BENEFITS OF EMPLOYEE OWNERSHIP AND INCREASE THE NUMBER OF EMPLOYEES WHO HAVE ACCESS TO THIS BENEFIT.
Program accomplishments
- THE FOUNDATION WAS THE LEAD SPONSOR OF THE 9TH ANNUAL OXFORD SYMPOSIUM ON EMPLOYEE OWNERSHIP. THE SYMPOSIUM IS AN ANNUAL GATHERING OF TOP LEADERS, STAKEHOLDERS, AND GOVERNMENT OFFICIALS IN THE INTERNATIONAL EMPLOYEE OWNERSHIP MOVEMENT FROM MORE THAN 20 COUNTRIES. THE 2 DAY PROGRAM WAS HELD AT OXFORD UNIVERSITY, THE OVER 80 ATTENDEES INCLUDED GOVERNMENT OFFICIALS, PRACTIONERS, AND EMPLOYEE OWNERS.Expenses $325,071 · grants $13,132 · revenue $48,525
- THE FOUNDATION SPONSORS A CERTIFICATE PROGRAM, THAT IS CO-SPONSORED WITH THE UNIVERSITY OF PENNSYLVANIA'S SCHOOL OF SOCIAL POLICY AND PRACTICE, FOR CEO'S AND CEO DESIGNEES OF EMPLOYEE OWNED COMPANIES. THE PROGRAM INVOICES 9 DAYS OVER TWO WEEKS OF CLASSROOM WORK LED BY FACULTY OF THE UNIVERSITY OF PENNSYLVANIA, AND WITH SESSIONS LED BY PROMINENT FACULTY MEMBERS OF OTHER MAJOR ACADEMIC UNIVERSITIES LOCATED IN THE EASTERN PART OF THE US.Expenses $152,392 · revenue $315,000
- THE FOUNDATION SPONSORS THE ESOP EMPLOYEE ACCELERATOR PROGRAM TO DEVELOP CULTURE OF OWNERSHIP AMONG EMPLOYEES. THIS ONE-DAY PROGRAM TEACHES LIFELONG BUSINESS AND ESOP KNOWLEDGE AND HELPS EMPLOYEES THINK AND ACT LIKE THE OWNERS.Expenses $33,029 · revenue $50,400
- THE FOUNDATION SPONSORS VARIOUS EVENTS AND SCHOLARSHIPS.Expenses $712,912 · grants $66,551 · revenue $29,700
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1739193
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,608,748
- Income (IRS master file)
- $1,690,336
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,481,008 | $1,522,108 | $2,608,748 | IRS |
| 990 | December 2023 | $1,094,472 | $931,420 | $2,116,576 | XML |
| 990 | December 2022 | $1,180,740 | $974,441 | $2,004,676 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 52-1739193).
Questions about EMPLOYEE OWNERSHIP FOUNDATION INC
- What is the EIN of EMPLOYEE OWNERSHIP FOUNDATION INC?
- The employer identification number (EIN) of EMPLOYEE OWNERSHIP FOUNDATION INC is 52-1739193.
- Is EMPLOYEE OWNERSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to EMPLOYEE OWNERSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does EMPLOYEE OWNERSHIP 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 EMPLOYEE OWNERSHIP 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 EMPLOYEE OWNERSHIP 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 EMPLOYEE OWNERSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JAMES J BONHAM.
- Who are the officers and directors of EMPLOYEE OWNERSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 3 received compensation from the organization, the highest $72,513 (JAMES BONHAM, PRESIDENT & CEO).
- How much revenue does EMPLOYEE OWNERSHIP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,481,008, expenses of $1,522,108 and total assets of $2,608,748 at year end.
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