Nonprofit · EIN 52-6042656
BUDDIES INCORPORATED
Tax-exempt · BALTIMORE, MD 21224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $78,543 | $9,303 | $69,240 | $885,265 | $18,199 | $867,066 |
| December 31, 2024 | 990 | $48,603 | $8,185 | $40,418 | $797,826 | $0 | $797,826 |
| December 31, 2023 | 990 | $9,607 | $16,169 | -$6,562 | $699,913 | $0 | $699,913 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,273
- of which government grants
- $4,023
- Membership dues
- $250
- Program service revenue
- $0
- Investment income
- $77,810
- Net gain from sales of assets
- $54,372
- Net income from fundraising events
- -$3,540
- Other revenue
- -$3,540
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Program services (functional)
- $8,107
- Management and general (functional)
- $1,196
Balance sheet and other
- Total assets, start of year
- $797,826
- Total assets, end of year
- $885,265
- Total liabilities, end of year
- $18,199
- Net assets, end of year
- $867,066
- Publicly traded securities
- $882,011
- Net assets without donor restrictions
- $867,066
- Gross receipts
- $92,491
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1957
- 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 |
|---|---|---|---|
| JUSTIN AKCHURIN | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL CRAY | BOARD MEMBER Trustee or director | – | $0 |
| DAVID FRANK | BOARD MEMBER Trustee or director | – | $0 |
| STEVE FREEMAN | BOARD MEMBER Trustee or director | – | $0 |
| JOHN GAVRILLES | BOARD MEMBER Trustee or director | – | $0 |
| NICOLE GORMLEY | BOARD MEMBER Trustee or director | – | $0 |
| STEVEN JESSUP | BOARD MEMBER Trustee or director | – | $0 |
| SELWYN RAY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN TOLSON | BOARD MEMBER Trustee or director | – | $0 |
| CHRISTOPHER WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSHUA WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSEPH WELKIE JR | PRESIDENT Officer | – | $0 |
| BRADLEY MINETREE | VICE PRESIDE Officer | – | $0 |
| DEBRA MONIODIS | SECRETARY Officer | – | $0 |
| ELAINE WELKIE | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN AKCHURIN | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL CRAY | BOARD MEMBER Trustee or director | – | $0 |
| DAVID FRANK | BOARD MEMBER Trustee or director | – | $0 |
| STEVE FREEMAN | BOARD MEMBER Trustee or director | – | $0 |
| JOHN GAVRILLES | BOARD MEMBER Trustee or director | – | $0 |
| NICOLE GORMLEY | BOARD MEMBER Trustee or director | – | $0 |
| STEVEN JESSUP | BOARD MEMBER Trustee or director | – | $0 |
| SELWYN RAY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN TOLSON | BOARD MEMBER Trustee or director | – | $0 |
| CHRISTOPHER WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSHUA WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSEPH WELKIE JR | PRESIDENT Officer | – | $0 |
| BRADLEY MINETREE | VICE PRESIDE Officer | – | $0 |
| DEBRA MONIODIS | SECRETARY Officer | – | $0 |
| ELAINE WELKIE | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN AKCHURIN | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL CRAY | BOARD MEMBER Trustee or director | – | $0 |
| DAVID FRANK | BOARD MEMBER Trustee or director | – | $0 |
| STEVE FREEMAN | BOARD MEMBER Trustee or director | – | $0 |
| JOHN GAVRILLES | BOARD MEMBER Trustee or director | – | $0 |
| NICOLE GORMLEY | BOARD MEMBER Trustee or director | – | $0 |
| STEVEN JESSUP | BOARD MEMBER Trustee or director | – | $0 |
| SELWYN RAY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN TOLSON | BOARD MEMBER Trustee or director | – | $0 |
| CHRISTOPHER WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSHUA WILSON | BOARD MEMBER Trustee or director | – | $0 |
| JOSEPH WELKIE JR | PRESIDENT Officer | – | $0 |
| BRADLEY MINETREE | VICE PRESIDE Officer | – | $0 |
| DEBRA MONIODIS | SECRETARY Officer | – | $0 |
| ELAINE WELKIE | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 301 ELRINO ST, BALTIMORE, MD 21224-2721
- In care of
- % S CHARLES FROELICH
- Principal officer (990 for 2025)
- DEBRA MONIODIS
- Signed the 990
- ELAINE WELKIE, PRESIDENT
- Phone
- (410) 371-9112
- Return prepared by
- EARL S OXLEY CPA
Mission
SUPPORT FOR THE BALTIMORE CITY POLICE DEPARTMENTS YOUTH CLUB PROGRAMS.
Program accomplishments
- SUPPORT FOR THE BALTIMORE CITY POLICE DEPARTMENTS YOUTH CLUB PROGRAMS.Expenses $8,107
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
- 52-6042656
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1959
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O110)
- Assets (IRS master file)
- $885,265
- Income (IRS master file)
- $92,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $78,543 | $9,303 | $885,265 | XML |
| 990 | December 2024 | $48,603 | $8,185 | $797,826 | IRS |
| 990 | December 2023 | $9,607 | $16,169 | $699,913 | XML |
| 990 | December 2022 | $48,556 | $24,987 | $592,614 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | 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 52-6042656).
Questions about BUDDIES INCORPORATED
- What is the EIN of BUDDIES INCORPORATED?
- The employer identification number (EIN) of BUDDIES INCORPORATED is 52-6042656.
- Is BUDDIES INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to BUDDIES INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUDDIES INCORPORATED 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 BUDDIES INCORPORATED 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 BUDDIES INCORPORATED 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 BUDDIES INCORPORATED?
- The 990 for the year ended December 31, 2025 names DEBRA MONIODIS.
- Who are the officers and directors of BUDDIES INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does BUDDIES INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $78,543, expenses of $9,303 and total assets of $885,265 at year end.
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