Nonprofit · EIN 81-2418650
HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC
Tax-exempt · BETHESDA, MD 20814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $30,000 | $38,000 | -$8,000 | $179,096 | $0 | $179,096 |
| December 31, 2024 | 990-EZ | $33,147 | $4,433 | $28,714 | $187,096 | $0 | $187,096 |
| December 31, 2023 | 990-EZ | $26,435 | $93,627 | -$67,192 | $158,382 | $0 | $158,382 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $29,990
- Investment income
- $10
Expenses
- Grants and similar amounts paid
- $38,000
- Compensation of officers, directors and key employees
- $0
- Program services (functional)
- $38,000
Balance sheet and other
- Total assets, start of year
- $187,096
- Total assets, end of year
- $179,096
- Total liabilities, end of year
- $0
- Net assets, end of year
- $179,096
- Cash, savings and investments
- $179,096
- Gross receipts
- $30,000
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW POLOTT | DIRECTOR | 1 | $0 |
| ELLIOT ADLER | TRUSTEE | 0.2 | $0 |
| MICHAEL CURRAN | TRUSTEE | 0.2 | $0 |
| SHERRI FARRELL | TRUSTEE | 0.2 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW POLOTT | DIRECTOR | 1 | $0 |
| ELLIOT ADLER | TRUSTEE | 0.2 | $0 |
| MICHAEL CURRAN | TRUSTEE | 0.2 | $0 |
| SHERRI FARRELL | TRUSTEE | 0.2 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW POLOTT | DIRECTOR | 1 | $0 |
| SHERRI FARRELL | TRUSTEE | 0.2 | $0 |
| MICHAEL CURRAN | TRUSTEE | 0.2 | $0 |
| ELLIOT ADLER | TRUSTEE | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 4416 EAST WEST HIGHWAY, BETHESDA, MD 20814-4656
- In care of
- % JEFF FERENCE
- Mailing address (990-N for 2020)
- 2701 Tower Oaks Blvd, Rockville MD 20852
- Principal officer (990-N for 2020)
- Jeff Ference, 2701 Tower Oaks Blvd, Rockville MD 20852
- Signed the 990-EZ
- ANDREW POLOTT, PRESIDENT
- Phone
- (301) 634-3161
- Website
- www.hoflc.org
- Return prepared by
- CBIZ ADVISORS LLC
Mission
GRADUATE ASSISTANTSHIP. THE GRADUATE ASSISTANT POSITION FOCUSES ON PROMOTING FINANCIAL LITERACY AND TRANSITION PROGRAMMING.
Program accomplishments
- JAMES MADISON UNIVERSITY UNDERGRADUATE OPTIONAL SEMINAR SERIES RELATING TO FINANCIAL LITERACY AND HOME OWNERSHIPExpenses $38,000 · grants $38,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ 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
- 81-2418650
- 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-N (e-Postcard)
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $179,096
- Income (IRS master file)
- $30,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $30,000 | $38,000 | $179,096 | XML |
| 990-EZ | December 2024 | $33,147 | $4,433 | $187,096 | XML |
| 990-EZ | December 2023 | $26,435 | $93,627 | $158,382 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Jeff Ference | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Jeffrey D Ference | 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 81-2418650).
Questions about HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC
- What is the EIN of HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC?
- The employer identification number (EIN) of HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC is 81-2418650.
- Is HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HOME OWNERSHIP FINANCIAL LITERACY COUNCIL 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 HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC?
- The 990-N for 2020 names Jeff Ference.
- Who are the officers and directors of HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does HOME OWNERSHIP FINANCIAL LITERACY COUNCIL INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $30,000, expenses of $38,000 and total assets of $179,096 at year end.
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