Nonprofit · EIN 56-2034890
CHERRY FOUNDATION INC
Tax-exempt · GOLDSBORO, NC 27530
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $91 | $1,816 | -$1,725 | $24,959 | $0 | $24,959 |
| December 31, 2024 | 990 | $3 | $2,075 | -$2,072 | $26,684 | $0 | $26,684 |
| December 31, 2023 | 990 | $3 | $1,648 | -$1,645 | $28,756 | $0 | $28,756 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $91
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,550
- Management and general (functional)
- $1,816
Balance sheet and other
- Total assets, start of year
- $26,684
- Total assets, end of year
- $24,959
- Total liabilities, end of year
- $0
- Net assets, end of year
- $24,959
- Net assets without donor restrictions
- $24,959
- Gross receipts
- $91
- Employees
- 0
- Year formed
- 1997
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEFANIE BOSTIC | PRESIDENT Officer | – | $0 |
| IDA FRYAR | OFFICER Officer | – | $0 |
| STEVE HARLOW | VICE PRESIDE Officer | – | $0 |
| NORMA MCDONOUGH | OFFICER Officer | – | $0 |
| NANCY MOORE | OFFICER Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEFANIE BOSTIC | PRESIDENT Officer | – | $0 |
| IDA FRYAR | OFFICER Officer | – | $0 |
| STEVE HARLOW | VICE PRESIDE Officer | – | $0 |
| NORMA MCDONOUGH | OFFICER Officer | – | $0 |
| NANCY MOORE | OFFICER Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEFANIE BOSTIC | PRESIDENT Officer | – | $0 |
| IDA FRYAR | OFFICER Officer | – | $0 |
| STEVE HARLOW | VICE PRESIDE Officer | – | $0 |
| NORMA MCDONOUGH | OFFICER Officer | – | $0 |
| NANCY MOORE | OFFICER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1401 W ASH ST, GOLDSBORO, NC 27530-1078
- In care of
- % STEFANIE BOSTIC
- Principal officer (990 for 2025)
- STEFANIE BOSTIC, 1401 W ASH STREET, GOLDSBORO, NC 275301078
- Signed the 990
- STEFANIE BOSTIC, PRESIDENT
- Phone
- (919) 734-9256
- Return prepared by
- MARKHAM MITCHELL & STROUD PLLC
Mission
TO AID, STRENGTHEN AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SERVICES OF CHERRY HOSPITAL AS IT PERTAINS TO THOSE MENTALLY DISABLED CITIZENS IT SERVES.
Program accomplishments
- ASSISTANCE TO THE MENTALLY HANDICAPPED.
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 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
- 56-2034890
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S50Z)
- Assets (IRS master file)
- $24,959
- Income (IRS master file)
- $91
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $91 | $1,816 | $24,959 | IRS |
| 990 | December 2024 | $3 | $2,075 | $26,684 | XML |
| 990 | December 2023 | $3 | $1,648 | $28,756 | IRS |
| 990 | December 2022 | $14 | $1,607 | $30,401 | 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 56-2034890).
Questions about CHERRY FOUNDATION INC
- What is the EIN of CHERRY FOUNDATION INC?
- The employer identification number (EIN) of CHERRY FOUNDATION INC is 56-2034890.
- Is CHERRY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CHERRY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CHERRY FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHERRY FOUNDATION 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 CHERRY FOUNDATION 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 CHERRY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names STEFANIE BOSTIC.
- Who are the officers and directors of CHERRY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHERRY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $91, expenses of $1,816 and total assets of $24,959 at year end.
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