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Nonprofit · EIN 58-2034916

KOINONIA FOUNDATION INC

Tax-exempt · WAKE FOREST, NC 27588

Financials

$104K$84K2022$143K$68K2023
Revenue Expenses · by fiscal year end
Financials of KOINONIA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$142,954$67,588$75,366$470,392$0$470,392
September 30, 2023990$104,389$83,814$20,575$385,666$0$385,666
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$16,859
Program service revenue
$0
Investment income
$70,184
Net gain from sales of assets
$59,008
Net income from fundraising events
$55,911
Other revenue
$55,911

Expenses

Grants and similar amounts paid
$62,796
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$889
Program services (functional)
$62,796
Management and general (functional)
$4,792

Balance sheet and other

Total assets, start of year
$385,666
Total assets, end of year
$470,392
Total liabilities, end of year
$0
Net assets, end of year
$470,392
Publicly traded securities
$436,520
Net assets without donor restrictions
$470,392
Gross receipts
$463,730
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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
JENNIFER HARDYVICE PRESIDE
Officer
–$0
DEAN OTTOTREASURER
Officer
–$0
ERIN PARKSPRESIDENT
Officer
–$0
990 for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensation
HEATHER LOFTIN HOLDINGVICE PRESIDE
Officer
–$0
DEAN OTTOTREASURER
Officer
–$0
ERIN PARKSPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 200, WAKE FOREST, NC 27588-0200
Principal officer (990 for 2023)
DEAN OTTO, PO BOX 200, WAKE FOREST, NC 27588
Signed the 990
DEAN OTTO, TREASURER
Phone
(919) 556-5418
Return prepared by
MITCHELL & NEMITZ PA

Mission

PROVIDE RENT, UTILITIES, FOOD, EDUCATION, ETC TO THE NEEDY OF WAKE FOREST.

990 for the year ended September 30, 2024

Program accomplishments

  • ASSISTED NEEDY INDIVIDUALS IN WAKE FOREST - BENEVOLENCE REQUESTS
    Expenses $40,796 · grants $40,796
  • GRANTS TO CHARITABLE ORGANIZATIONS
    Expenses $22,000 · grants $22,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
58-2034916
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
1993
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$470,392
Income (IRS master file)
$463,730

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$142,954$67,588$470,392XML
990September 2023$104,389$83,814$385,666XML
990September 2022$72,701$42,676$344,612IRS
990September 2021–––IRS
990September 2020–––IRS
990-EZSeptember 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 58-2034916).

Questions about KOINONIA FOUNDATION INC

What is the EIN of KOINONIA FOUNDATION INC?
The employer identification number (EIN) of KOINONIA FOUNDATION INC is 58-2034916.
Is KOINONIA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to KOINONIA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOINONIA 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 KOINONIA FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOINONIA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of KOINONIA FOUNDATION INC?
The 990 for the year ended September 30, 2024 names DEAN OTTO.
Who are the officers and directors of KOINONIA FOUNDATION INC?
The 990 for the year ended September 30, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KOINONIA FOUNDATION INC have?
On its 990 for the year ended September 30, 2024 it reported revenue of $142,954, expenses of $67,588 and total assets of $470,392 at year end.

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