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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 52-2450894

ACADEMIC EMPOWERMENT FOUNDATION INC

Tax-exempt · UPPR MARLBORO, MD 20773

Financials

$11K$18K2022$11K$17K2023
Revenue Expenses · by fiscal year end
Financials of ACADEMIC EMPOWERMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$10,722$16,578-$5,856$10,722$0$10,722
December 31, 2022990$10,978$17,831-$6,853$17,437$0$17,437
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$7,722
Program service revenue
$3,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$150
Program services (functional)
$16,578

Balance sheet and other

Total assets, start of year
$24,290
Total assets, end of year
$10,722
Total liabilities, end of year
$0
Net assets, end of year
$10,722
Net assets without donor restrictions
$10,722
Gross receipts
$10,722
Employees
0
Year formed
2005
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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Ronald E EdwardsVice President
Trustee or director, Officer
15$0
Lynett BeltonPesident/Executive Dr
Trustee or director, Officer
50$0
Lucinda ParkerTreasurer
Trustee or director, Officer
5$0
Carelita CaudleOfficer
Trustee or director, Officer
10$0
Ben RandallOfficer
Officer
5$0
Andrew E EdwardsFounder
Former
–$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensation
Ronald E EdwardsVice President
Trustee or director, Officer
15$0
Lynett BeltonPesident/Executive Dr
Trustee or director, Officer
10$0
Lucinda ParkerTreasurer
Trustee or director, Officer
5$0
Carelita CaudleOfficer
Trustee or director, Officer
10$0
Ben RandallOfficer
Officer
5$0
Andrew E EdwardsFounder
Former
–$0

Address and contacts

Address (IRS master file)
PO BOX 824, UPPR MARLBORO, MD 20773-0824
In care of
% LYNETT BELTON
Principal officer (990 for 2023)
Lynett Belton, PO Box 824, Upper Marlboro, MD 20772
Signed the 990
Lynett Belton, Executive Director
Phone
(301) 437-7411
Return prepared by
The Summers Group LLC

Mission

Provide network opportunity for college bound students

990 for the year ended December 31, 2023

Program accomplishments

  • CFC Application Fees
    Expenses $340
  • State of MD Tax Fees
    Expenses $500
  • Website Domain
    Expenses $625

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for ACADEMIC EMPOWERMENT FOUNDATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
52-2450894
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
2005
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$10,722
Income (IRS master file)
$10,722

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$10,722$16,578$10,722XML
990December 2022$10,978$17,831$17,437XML
990December 2021$15,930$23,639$24,290IRS
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 52-2450894).

Questions about ACADEMIC EMPOWERMENT FOUNDATION INC

What is the EIN of ACADEMIC EMPOWERMENT FOUNDATION INC?
The employer identification number (EIN) of ACADEMIC EMPOWERMENT FOUNDATION INC is 52-2450894.
Is ACADEMIC EMPOWERMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to ACADEMIC EMPOWERMENT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACADEMIC EMPOWERMENT FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ACADEMIC EMPOWERMENT 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 ACADEMIC EMPOWERMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of ACADEMIC EMPOWERMENT FOUNDATION INC?
The 990 for the year ended December 31, 2023 names Lynett Belton.
Who are the officers and directors of ACADEMIC EMPOWERMENT FOUNDATION INC?
The 990 for the year ended December 31, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does ACADEMIC EMPOWERMENT FOUNDATION INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $10,722, expenses of $16,578 and total assets of $10,722 at year end.

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