Nonprofit · EIN 81-2390797
SUGAR BEAR FOUNDATION
Tax-exempt · MOORESVILLE, NC 28117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $105,235 | $102,364 | $2,871 | $18,008 | $7,254 | $10,754 |
| December 31, 2023 | 990-EZ | $116,991 | $132,782 | -$15,791 | $19,311 | $8,056 | $11,255 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $105,235
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $35,218
- Professional fees and payments to contractors
- $7,659
- Other expenses
- $59,487
- Program services (functional)
- $77,993
Balance sheet and other
- Total assets, start of year
- $19,311
- Total assets, end of year
- $18,008
- Total liabilities, end of year
- $7,254
- Net assets, end of year
- $10,754
- Cash, savings and investments
- $18,008
- Gross receipts
- $105,235
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 |
|---|---|---|---|
| JENNIFER CARAZO | Chairman | 0 | $0 |
| DAN CERKAN | Treasurer | 0 | $0 |
| ERIC BURKE | VICE CHAIRMAN | 0 | $0 |
| TONY GALLARDO | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER CARAZO | Chairman | 0 | $0 |
| DAN CERKAN | Treasurer | 0 | $0 |
| ERIC BURKE | VICE CHAIRMAN | 0 | $0 |
| TONY GALLARDO | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 516 RIVER HWY STE D, MOORESVILLE, NC 28117-6830
- In care of
- % JENNIFER CARAZO
- Mailing address (990-N for 2019)
- 3761 Cavern Place, Carlsbad CA 92010
- Principal officer (990-N for 2019)
- Jennifer Carazo, 3761 Cavern Place, Carlsbad CA 92010
- Signed the 990-EZ
- JENNIFER CARAZO, President
- Return prepared by
- MICHAEL B GERSTEIN CPA
Mission
THE ORGANIZATION SUPPORTS EDUCATION FOR CHILDREN THAT HAVE LOST A PARENT IN MILITARY SERVICE.
Program accomplishments
- The Sugar bear Foundation supports military surviving spouses and children through programs that provide career, educational and financial initiatives to meet their immediate and ongoing needs.Expenses $77,993
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-EZ on file |
IRS record
- EIN
- 81-2390797
- 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)
- Human services (P12)
- Assets (IRS master file)
- $18,008
- Income (IRS master file)
- $105,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $105,235 | $102,364 | $18,008 | XML |
| 990-EZ | December 2023 | $116,991 | $132,782 | $19,311 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Jennifer Carazo | 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 81-2390797).
Questions about SUGAR BEAR FOUNDATION
- What is the EIN of SUGAR BEAR FOUNDATION?
- The employer identification number (EIN) of SUGAR BEAR FOUNDATION is 81-2390797.
- Is SUGAR BEAR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to SUGAR BEAR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUGAR BEAR 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 SUGAR BEAR 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 SUGAR BEAR 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 SUGAR BEAR FOUNDATION?
- The 990-N for 2019 names Jennifer Carazo.
- Who are the officers and directors of SUGAR BEAR FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SUGAR BEAR FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $105,235, expenses of $102,364 and total assets of $18,008 at year end.
Other nonprofits in MOORESVILLE
- HOSPICE OF THE EMERALD COAST INC EIN 62-1805874 · last filed 990 for 2024
- MOORESVILLE AREA CHRISTIAN MISSION INC EIN 56-0667685 · last filed 990 for 2025
- NORTH CAROLINA STATE HIGHWAY PATROL FOUNDATION EIN 85-1525632 · last filed 990-PF for 2025
- LASTING SMILES UGANDA EIN 84-1966244 · last filed 990 for 2025
- BRIDGE OF HEARTS EIN 93-1479682 · last filed 990 for 2025
- KINDNESS CLOSET EIN 84-2336402 · last filed 990 for 2024
- THE ROBERT AND SHERRY@GUTH CHARITABLE FOUNDATION EIN 82-3448044 · last filed 990-PF for 2025
- WILLIAM BYRON FOUNDATION EIN 93-4062788 · last filed 990 for 2024
All nonprofits in MOORESVILLE · North Carolina · Human services