Nonprofit · EIN 81-1298929
VELVET ASHES INCORPORATED
Tax-exempt · NEWTOWN SQ, PA 19073
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $210,704 | $177,662 | $33,042 | $115,961 | $1,677 | $114,284 |
| December 31, 2023 | 990-EZ | $167,097 | $203,169 | -$36,072 | $83,405 | $2,163 | $81,242 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $95,046
- Program service revenue
- $108,274
- Investment income
- $0
- Other revenue
- $7,384
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $55,327
- Other salaries and wages
- $65,520
- Salaries, compensation and benefits (total)
- $130,206
- Professional fundraising fees
- $0
- Accounting fees
- $588
- Program services (functional)
- $136,090
- Management and general (functional)
- $34,517
- Fundraising (functional)
- $7,055
Balance sheet and other
- Total assets, start of year
- $83,405
- Total assets, end of year
- $115,961
- Total liabilities, end of year
- $1,677
- Net assets, end of year
- $114,284
- Net assets without donor restrictions
- $114,284
- Gross receipts
- $210,704
- Employees
- 3
- Volunteers
- 25
- Year formed
- 2016
- State of legal domicile
- PA
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 |
|---|---|---|---|
| DENISE BECK | EXECUTIVE DIRECTOR Trustee or director, Officer | 41 | $55,327 |
| CAROL SCHEUERMAN | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| BAYTA SCHWARZ | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| KIM NEASE | TREASURER Trustee or director, Officer | 3 | $0 |
| JENNY ERLINGSSON | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| LAURA CHEVALIER BEER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SANDI BRADFORD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| D'ARCY MAHER | BOARD MEMBER Trustee or director | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE BECK | EXECUTIVE DIRECTOR/TREASURER | 41 | $55,027 |
| LAURA CHEVALIER BEER | BOARD MEMBER | 0.5 | $0 |
| D'ARCY MAHER | BOARD MEMBER | 0.5 | $0 |
| BAYTA SCHWARZ | VICE PRESIDENT | 0.5 | $0 |
| JENNY ERLINGSSON | SECRETARY | 0.5 | $0 |
| CAROL SCHEUERMAN | PRESIDENT | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 106 HUNTERS RUN, NEWTOWN SQ, PA 19073-3900
- In care of
- % DANIELLE WHEELER
- Mailing address (990-N for 2016)
- 304 3rd Ave, Mont Clare PA 19453
- Principal officer (990 for 2024)
- KIM NEASE, C/O 106 HUNTERS RUN, NEWTOWN SQUARE, PA 19073
- Principal officer (990-N for 2016)
- Danielle Wheeler, 21770 Jude Lane, Webb City MO 64870
- Signed the 990
- KIM NEASE, TREASURER
- Phone
- (610) 283-3148
- Website
- velvetashes.com
- Return prepared by
- BAUM SMITH & CLEMENS
Mission
ONLINE COMMUNITY OF WOMEN SERVING OVERSEAS.
Program accomplishments
- EACH SPRING WE PRODUCE A TOTALLY ONLINE RETREAT TO ALLOW WOMEN A CHANCE TO BE ENCOURAGED AND RENEWED NO MATTER THEIR LOCATION OR SITUATION. WOMEN TOOK PART IN OUR RETREATS FROM OVER 100 DIFFERENT COUNTRIES.EACH FALL AND SPRING WE INVITE WOMEN FROM ALL OVER THE WORLD TO JOIN CONNECTION GROUPS. IN THESE GROUPS WOMEN CAN CONNECT WITH OTHER WOMEN AS THEY ARE LED BY A MENTOR THROUGH TOPICS RELEVANT TO CROSS CULTURAL LIFE. OUR CONNECTION GROUPS TOTAL OVER 300 WOMEN REPRESENTING OVER 50 COUNTRIES. EACH YEAR WE INVITE WOMEN TO JOIN OUR TEAM OF WRITERS FROM ALL OVER THE WORLD BY SUBMITTING THEIR OWN WRITING TO BE PUBLISHED IN OUR WEEKLY TOPICAL BLOGS POSTS. WE PUBLISHED OVER 300 BLOG POSTS BY MULTIPLES WRITERS REPRESENTING OVER 20 COUNTRIES.Expenses $136,090 · revenue $115,658
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-1298929
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X11)
- Assets (IRS master file)
- $115,961
- Income (IRS master file)
- $210,704
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $210,704 | $177,662 | $115,961 | XML |
| 990-EZ | December 2023 | $167,097 | $203,169 | $83,405 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Danielle Wheeler | December 31, 2016 | ≤ $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 81-1298929).
Questions about VELVET ASHES INCORPORATED
- What is the EIN of VELVET ASHES INCORPORATED?
- The employer identification number (EIN) of VELVET ASHES INCORPORATED is 81-1298929.
- Is VELVET ASHES INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to VELVET ASHES INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VELVET ASHES INCORPORATED 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 VELVET ASHES INCORPORATED 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 VELVET ASHES INCORPORATED 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 VELVET ASHES INCORPORATED?
- The 990 for the year ended December 31, 2024 names KIM NEASE.
- Who are the officers and directors of VELVET ASHES INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $55,327 (DENISE BECK, EXECUTIVE DIRECTOR).
- How much revenue does VELVET ASHES INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $210,704, expenses of $177,662 and total assets of $115,961 at year end.
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