Nonprofit · EIN 58-2391746
OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION
Tax-exempt (reinstated) · ATLANTA, GA 30364
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $111,736 | $100,681 | $11,055 | $39,453 | – | $39,453 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $54,576
- Program service revenue
- $57,160
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $55,898
- Other expenses
- $44,783
- Program services (functional)
- $55,898
Balance sheet and other
- Total assets, start of year
- $28,398
- Total assets, end of year
- $39,453
- Total liabilities, end of year
- –
- Net assets, end of year
- $39,453
- Cash, savings and investments
- $39,453
- Gross receipts
- $111,736
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C Scott Anderson | Chairman | 7 | $0 |
| Jermaine Thomas | Vice Chairman | 7 | $0 |
| G Treamon Andrews | Treasurer | 7 | $0 |
| Curtis Bunn | Recording Secretary | 7 | $0 |
| Derrick Bell | Corresponding Secretary | 7 | $0 |
| Donald L Wheat | Member-At-Large | 7 | $0 |
| Theron Jones | Member-At-Large | 7 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 91393, ATLANTA, GA 30364-1393
- In care of
- % JB HARMON
- Mailing address (990-N for 2023)
- PO Box 91393, East Point GA 30364
- Principal officer (990-N for 2023)
- Theron M Jones, 956 Boulevard SE, ATLANTA GA 30312
- Signed the 990-EZ
- G Treamon Andrews, Treasurer
- Return prepared by
- Access Financial Management LLC
Mission
Educational and Mentoring Progr
Program accomplishments
- OPLEF Scholarship Fund Gala Provide financial support to High School Students to pursue higher education.Expenses $55,898 · grants $57,160
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 58-2391746
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B83)
- Assets (IRS master file)
- $39,453
- Income (IRS master file)
- $111,736
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective November 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $111,736 | $100,681 | $39,453 | XML |
| 990-N for 2023 Officer: Theron M Jones | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Theron M Jones | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Theron Jones | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Theron Jones | 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 58-2391746).
Questions about OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION
- What is the EIN of OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION?
- The employer identification number (EIN) of OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION is 58-2391746.
- Is OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective November 15, 2018.
- Are donations to OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION 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 OMICRON PHI LAMBDA EDUCATIONAL 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 OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION?
- The 990-N for 2023 names Theron M Jones.
- Who are the officers and directors of OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does OMICRON PHI LAMBDA EDUCATIONAL FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $111,736, expenses of $100,681 and total assets of $39,453 at year end.
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