Nonprofit · EIN 56-1285282
THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC
Tax-exempt · NEW BERN, NC 28560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990 | $74,332 | $64,470 | $9,862 | $1,033,589 | $0 | $1,033,589 |
| November 30, 2024 | 990 | $104,745 | $50,083 | $54,662 | $1,023,736 | $0 | $1,023,736 |
Financial details: 990 for the year ended November 30, 2025
Revenue
- Contributions, gifts and grants
- $19,662
- Program service revenue
- $0
- Investment income
- $54,670
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $64,250
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $64,250
- Management and general (functional)
- $220
Balance sheet and other
- Total assets, start of year
- $1,023,736
- Total assets, end of year
- $1,033,589
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,033,589
- Publicly traded securities
- $996,379
- Gross receipts
- $74,332
- Employees
- 0
- Volunteers
- 100
- Year formed
- 1980
- State of legal domicile
- NC
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 November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY CUMMINS | TREASURER Officer | 0 | $0 |
990 for the year ended November 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY CUMMINS | TREASURER Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 408 METCALF ST, NEW BERN, NC 28560-4816
- In care of
- % BARRY K CUMMINS
- Mailing address (990-N for 2022)
- 408 METCALF STREET, NEW BERN NC 28560
- Principal officer (990 for 2024)
- JOHN BEARD, 3914 HAZEL LANE, GREENSBORO, NC 27408
- Principal officer (990-N for 2022)
- BARRY CUMMINS, 408 METCALF STREET, NEW BERN NC 28560
- Signed the 990
- BARRY CUMMINS, TREASURER
- Phone
- (704) 591-8980
Mission
The purpose of the Foundation is to further the education of ministerial students and assist others in full time Christian work.
Program accomplishments
- PROVIDING SCHOLARSHIPS FOR MINISTERIAL STUDENTSExpenses $220 · grants $64,250 · revenue $74,332
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 November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990 on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990 on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-N on file |
IRS record
- EIN
- 56-1285282
- 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
- 1981
- Accounting year ends
- November
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,033,589
- Income (IRS master file)
- $74,332
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | November 2025 | $74,332 | $64,470 | $1,033,589 | XML |
| 990 | November 2024 | $104,745 | $50,083 | $1,023,736 | XML |
| 990-N for 2022 Officer: BARRY CUMMINS | November 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: BARRY CUMMINS | November 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Barry Cummins | November 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: BARRY CUMMINS | November 30, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-1285282).
Questions about THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC
- What is the EIN of THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC is 56-1285282.
- Is THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE ERNESTINE L PENRY SCHOLARSHIP 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 THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended November 2025.
- Who is the principal officer of THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended November 30, 2025 names JOHN BEARD.
- Who are the officers and directors of THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended November 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does THE ERNESTINE L PENRY SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended November 30, 2025 it reported revenue of $74,332, expenses of $64,470 and total assets of $1,033,589 at year end.
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