Nonprofit · EIN 52-1929345
FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC
Tax-exempt · BALTIMORE, MD 21202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $479,712 | $699,051 | -$219,339 | $515,696 | $0 | $515,696 |
| December 31, 2024 | 990 | $462,275 | $211,519 | $250,756 | $735,035 | $0 | $735,035 |
| December 31, 2023 | 990 | $255,457 | $243,537 | $11,920 | $484,279 | $0 | $484,279 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $479,712
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $12,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $128,450
- Occupancy
- $19,449
- Depreciation
- $27,769
- Program services (functional)
- $512,782
- Management and general (functional)
- $186,269
Balance sheet and other
- Total assets, start of year
- $735,035
- Total assets, end of year
- $515,696
- Total liabilities, end of year
- $0
- Net assets, end of year
- $515,696
- Gross receipts
- $479,712
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1995
- State of legal domicile
- MD
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tyrone D Taborn | Chairman Trustee or director | 5 | $0 |
| Gwenneth Ferraro | Board Member Trustee or director | 1 | $0 |
| Jem Pagan | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tyrone D Taborn | Chairman Trustee or director | 5 | $0 |
| Gwenneth Ferraro | Board Member Trustee or director | 1 | $0 |
| Jem Pagan | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tyrone D Taborn | Chairman Trustee or director | 5 | $0 |
| Gwenneth Ferraro | Board Member Trustee or director | 1 | $0 |
| Jem Pagan | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 729 EAST PRATT STREET, BALTIMORE, MD 21202-3341
- In care of
- % JEAN HAMILTON
- Principal officer (990 for 2025)
- Tyrone D Taborn, 729 E Pratt Street, Baltimore, MD 21202
- Signed the 990
- TYRONE D TABORN, CHAIRMAN
- Phone
- (410) 244-7101
- Return prepared by
- The Hutt Company LLC
Mission
Educational Seminars in STEM for Disadvantaged Youth
Program accomplishments
- Enroll students in the Black Engineer of the Year STEM Conference; provide transportation for these students to attend STEM Conference.Expenses $459,755
- Fund Technology Awareness Programs including pre-college program expense; program development fees & supplies.Expenses $41,027
- Donations to non profit entities for supporting technology awareness education for pre-college students. LMCO HBCU ScholarshipsExpenses $12,000
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 | 990 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
- 52-1929345
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $515,696
- Income (IRS master file)
- $479,712
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $479,712 | $699,051 | $515,696 | XML |
| 990 | December 2024 | $462,275 | $211,519 | $735,035 | XML |
| 990 | December 2023 | $255,457 | $243,537 | $484,279 | XML |
| 990 | December 2022 | $447,282 | $361,683 | $472,359 | 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 52-1929345).
Questions about FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC
- What is the EIN of FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC?
- The employer identification number (EIN) of FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC is 52-1929345.
- Is FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR EDUCATIONAL DEVELOPMENT 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 FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names Tyrone D Taborn.
- Who are the officers and directors of FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR EDUCATIONAL DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $479,712, expenses of $699,051 and total assets of $515,696 at year end.
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