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Nonprofit · EIN 62-6041423

FAHOLO FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21202

Financials

$30K$137K2023$78K$177K2024$42K$59K2025
Revenue Expenses · by fiscal year end
Financials of FAHOLO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$41,585$58,764-$17,179$556,244$695$555,549
December 31, 2024990$78,240$176,988-$98,748$546,029$730$545,299
December 31, 2023990$29,810$136,600-$106,790$682,155$853$681,302
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$41,585
Net gain from sales of assets
$19,494
Other revenue
$0

Expenses

Grants and similar amounts paid
$50,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,675
Program services (functional)
$50,000
Management and general (functional)
$8,764

Balance sheet and other

Total assets, start of year
$546,029
Total assets, end of year
$556,244
Total liabilities, end of year
$695
Net assets, end of year
$555,549
Publicly traded securities
$114,803
Net assets without donor restrictions
$555,549
Gross receipts
$295,590
Employees
0
Volunteers
1
Year formed
1998
State of legal domicile
MD

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHANAYSHA SAULSDIRECTOR
Trustee or director
0.1$0$315,854$29,529
ROBERT S KILLEBREW JRPRESIDENT
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHANAYSHA SAULSDIRECTOR
Trustee or director
0.1$0$307,869$29,328
MICHAEL CAMPBELLFORMER SECRETARY
Former
0$0$131,071$0
ROBERT S KILLEBREW JRPRESIDENT
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHANAYSHA SAULSDIRECTOR
Trustee or director
0.1$0$291,756$55,809
MICHAEL CAMPBELLSECRETARY
Trustee or director, Officer
0.1$0$188,479$0
ROBERT S KILLEBREW JRPRESIDENT
Trustee or director, Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
11 EAST MOUNT ROYAL AVE 2ND FLOOR, BALTIMORE, MD 21202-5513
Principal officer (990 for 2025)
DR SHANAYSHA SAULS, 11 EAST MOUNT ROYAL AVE 2ND FLOOR, BALTIMORE, MD 21202
Signed the 990
DR SHANAYSHA SAULS, PRESIDENT & CEO
Phone
(410) 322-4171
Return prepared by
RSM US LLP

Mission

THE PRIMARY MISSION AND EXEMPT PURPOSE OF THE FAHOLO FOUNDATION, INC. IS TO SUPPORT THE CHARITABLE PURPOSE OF THE BALTIMORE COMMUNITY FOUNDATION, INC. THROUGH THE DISTRIBUTION OF GRANTS TO NON-PROFIT ORGANIZATIONS.

990 for the year ended December 31, 2025

Program accomplishments

  • TO CARRY OUT THE PURPOSE OF THE BALTIMORE COMMUNITY FOUNDATION, INC. BY RECEIVING AND ADMINISTERING FUNDS, PERFORMING PLANNING AND OTHER FUNCTIONS, AND OTHERWISE PROVIDING ASSISTANCE.
    Expenses $50,000 · grants $50,000

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-6041423
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
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$556,244
Income (IRS master file)
$295,590

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$41,585$58,764$556,244IRS
990December 2024$78,240$176,988$546,029XML
990December 2023$29,810$136,600$682,155XML
990December 2022$139,240$132,102$717,396IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 62-6041423).

Questions about FAHOLO FOUNDATION INC

What is the EIN of FAHOLO FOUNDATION INC?
The employer identification number (EIN) of FAHOLO FOUNDATION INC is 62-6041423.
Is FAHOLO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to FAHOLO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FAHOLO 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 FAHOLO 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 FAHOLO 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 FAHOLO FOUNDATION INC?
The 990 for the year ended December 31, 2025 names DR SHANAYSHA SAULS.
Who are the officers and directors of FAHOLO FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does FAHOLO FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $41,585, expenses of $58,764 and total assets of $556,244 at year end.

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