Nonprofit · EIN 54-1565779
MELTON FOUNDATION
Tax-exempt · WILMINGTON, DE 19802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $331,963 | $728,597 | -$396,634 | $10,050,825 | $24,855 | $10,025,970 |
| December 31, 2023 | 990-PF | $301,811 | $788,157 | -$486,346 | $9,653,901 | $4,535 | $9,649,366 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $67,513
- Dividends
- $267,691
- Net gain from sales of assets
- -$10,402
Expenses
- Grants and similar amounts paid
- $68,245
- Compensation of officers, directors and key employees
- $57,244
- Salaries, compensation and benefits (total)
- $311,609
- Disbursements for charitable purposes
- $671,997
- Excise tax on investment income
- $2,989
Balance sheet and other
- Total assets, start of year
- $9,653,901
- Total assets, end of year
- $10,050,825
- Total liabilities, end of year
- $24,855
- Net assets, end of year
- $10,025,970
- Fair market value of assets
- $10,050,825
- Qualifying distributions
- $671,997
- Net investment income
- $267,691
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alafia Stewart 2810 N Church St 45771, Wilmington, DE 19802 | Director of Learning Highest-paid employee | 40 | $83,200 |
| Steffen Bethmann 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Executive Director | 40 | $57,244 |
| Roland Bullard 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Chair | 2 | $0 |
| Daphne Chebesi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Grace Wu 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Martha Ramirez 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Pia Obro 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Rahn L Gatewood 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Shanice Kativi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Vinita Joshi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Milicent Adjei Togo 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 2 | $0 |
| Qiang Lu 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 2 | $0 |
| Dr Jagadeesh Huskur 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 6 | $0 |
| Rosemary Kotei Buckman 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Secretary | 1 | $0 |
| Andre Reichel 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Treasurer | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Courtney Williams 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Vice-Chair | 4 | $0 |
990-PF for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steffen Bethmann 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Executive Director | 40 | $79,691 |
| Alafia Stewart 2810 N Church St 45771, Wilmington, DE 19802 | Director of Learning Highest-paid employee | 40 | $77,200 |
| Andre Reichel 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Treasurer | 1 | $0 |
| Dr Jagadeesh Huskur 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 6 | $0 |
| Milicent Adjei Togo 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 2 | $0 |
| Qiang Lu 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 2 | $0 |
| Roland Bullard 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Chair | 2 | $0 |
| Pedro Poblete 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Vice-Chair | 4 | $0 |
| Pia Obro 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Martha Ramirez 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Secretary | 1 | $0 |
| Anika Niemeyer 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Daphne Chebesi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Shanice Kativi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Skye Spencer 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Rahn L Gatewood 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
| Vinita Joshi 2810 N Church St PMB 45771, Wilmington, DE 198024447 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2810 N CHURCH ST 45771, WILMINGTON, DE 19802-4447
- Signed the 990-PF
- Andre Reichel, Treasurer
- Phone
- (571) 279-0306
- Website
- www.meltonfoundation.org
- Return prepared by
- Kositzka Wicks and Company
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-1565779
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $10,050,825
- Income (IRS master file)
- $1,016,340
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $331,963 | $728,597 | $10,050,825 | IRS |
| 990-PF | December 2023 | $301,811 | $788,157 | $9,653,901 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 54-1565779).
Questions about MELTON FOUNDATION
- What is the EIN of MELTON FOUNDATION?
- The employer identification number (EIN) of MELTON FOUNDATION is 54-1565779.
- Is MELTON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to MELTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does MELTON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MELTON FOUNDATION 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 MELTON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MELTON FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $83,200 (Alafia Stewart, Director of Learning).
- How much revenue does MELTON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $331,963, expenses of $728,597 and total assets of $10,050,825 at year end.
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