Nonprofit · EIN 58-1873970
THE GOVERNOR MOREHEAD FOUNDATION
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $43,356 | $26,828 | $16,528 | $102,475 | $0 | $102,475 |
| December 31, 2023 | 990 | $114,910 | $77,898 | $37,012 | $88,267 | $0 | $88,267 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $43,350
- Program service revenue
- $0
- Investment income
- $6
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $26,828
Balance sheet and other
- Total assets, start of year
- $88,267
- Total assets, end of year
- $102,475
- Total liabilities, end of year
- $0
- Net assets, end of year
- $102,475
- Net assets without donor restrictions
- $94,637
- Net assets with donor restrictions
- $7,838
- Gross receipts
- $43,356
- Employees
- 0
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCISCO CHAVEZ | PRESIDENT/CH Officer | – | $0 |
| MICHAEL PERKINS | TREASURER Officer | – | $0 |
| ROD POOLE | VICE CHAIRMA Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCISCO CHAVEZ | PRESIDENT/CH Officer | 10 | $0 |
| MICHAEL PERKINS | TREASURER Officer | 5 | $0 |
| ROD POOLE | VICE CHAIRMA Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 7413 SIX FORKS ROAD BOX 207, RALEIGH, NC 27615-6164
- In care of
- % MICHAEL PERKINS
- Mailing address (990-N for 2022)
- 7413 SIX FORKS ROAD BOX 207, RALEIGH NC 27615
- Principal officer (990 for 2024)
- MICHAEL PERKINS, 8044 BRANDYAPPLE DRIVE, RALEIGH, NC 27615
- Principal officer (990-N for 2022)
- MICHAEL PERKINS, 8044 BRANDYAPPLE DRIVE, RALEIGH NC 27615
- Signed the 990
- MICHAEL PERKINS, TREASURER
- Phone
- (919) 749-0862
- Return prepared by
- JOSH FERRIN CPA
Mission
THE FOUNDATION SUPPORTED STUDENTS DURING 2023 BY PROVIDING FUNDS FOR THE FOLLOWING PROGRAMS: ATTENDANCE AT MODEL UNITED NATIONS CONFERENCES IN CHAPEL HILL, NC;FUNDING FOR SUMMER CAMP ACTIVITIES AT CAMP ABILITIES;SENIOR SKI TRIP;STUDENT SCHOOL SUPPLIES, FUNDING FOR INTERACTIVE PLAYGROUND.
Program accomplishments
- THE FOUNDATION SUPPORTED STUDENTS DURING 2023 BY PROVIDING FUNDS FOR THE FOLLOWING PROGRAMS: ATTENDANCE AT MODEL UNITED NATIONS CONFERENCES IN CHAPEL HILL, NC;FUNDING FOR SUMMER CAMP ACTIVITIES AT CAMP ABILITIES;SENIOR SKI TRIP;STUDENT SCHOOL SUPPLIES, FUNDING FOR INTERACTIVE PLAYGROUND.Expenses $23,964
- THE FOUNDATION SUPPORTED STUDENTS DURING 2023 BY PROVIDING FUNDS FOR THE FOLLOWING PROGRAMS: ATTENDANCE AT MODEL UNITED NATIONS CONFERENCES IN CHAPEL HILL, NC;FUNDING FOR SUMMER CAMP ACTIVITIES AT CAMP ABILITIES;SENIOR SKI TRIP;STUDENT SCHOOL SUPPLIES, FUNDING FOR INTERACTIVE PLAYGROUND.Expenses $2,864
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 | Not 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
- 58-1873970
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $102,475
- Income (IRS master file)
- $43,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $43,356 | $26,828 | $102,475 | XML |
| 990 | December 2023 | $114,910 | $77,898 | $88,267 | XML |
| 990-N for 2022 Officer: MICHAEL PERKINS | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: MARY FLANNAGAN | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: MARY FLANNAGAN | December 31, 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 58-1873970).
Questions about THE GOVERNOR MOREHEAD FOUNDATION
- What is the EIN of THE GOVERNOR MOREHEAD FOUNDATION?
- The employer identification number (EIN) of THE GOVERNOR MOREHEAD FOUNDATION is 58-1873970.
- Is THE GOVERNOR MOREHEAD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE GOVERNOR MOREHEAD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE GOVERNOR MOREHEAD FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE GOVERNOR MOREHEAD 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 THE GOVERNOR MOREHEAD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE GOVERNOR MOREHEAD FOUNDATION?
- The 990 for the year ended December 31, 2024 names MICHAEL PERKINS.
- Who are the officers and directors of THE GOVERNOR MOREHEAD FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE GOVERNOR MOREHEAD FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $43,356, expenses of $26,828 and total assets of $102,475 at year end.
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