Nonprofit · EIN 81-2509880
CENTRAL BUSINESS DISTRICT FOUNDATION
Tax-exempt · VIRGINIA BCH, VA 23462
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,025 | $14,115 | -$4,090 | $1,729 | $3,000 | -$1,271 |
| December 31, 2023 | 990 | $3,587 | $3,275 | $312 | $2,819 | $0 | $2,819 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,025
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $12,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,350
- Program services (functional)
- $12,500
- Management and general (functional)
- $1,615
Balance sheet and other
- Total assets, start of year
- $2,819
- Total assets, end of year
- $1,729
- Total liabilities, end of year
- $3,000
- Net assets, end of year
- -$1,271
- Net assets without donor restrictions
- -$1,271
- Gross receipts
- $10,025
- Employees
- 0
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 |
|---|---|---|---|
| JEANNE EVANS COX | EXECUTIVE DI Trustee or director | – | $0 |
| ALI GUNBEYI | TREASURER/SE Trustee or director, Officer | – | $0 |
| DANIEL HEATWOLE | PRESIDENT Trustee or director, Officer | – | $0 |
| BRYAN HICKMAN | CLASS B DIRE Trustee or director | – | $0 |
| COLBY RICHMOND | CLASS B DIRE Trustee or director | – | $0 |
| TYLER ROSA | CLASS A DIRE Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELWOOD B BONNE | CLASS C DIRE Trustee or director, Officer | – | $0 |
| JEANNE EVANS COX | EXECUTIVE DI Trustee or director | – | $0 |
| ALI GUNBEYI | TREASURER/SE Trustee or director, Officer | – | $0 |
| BRYAN HICKMAN | CLASS B DIRE Trustee or director | – | $0 |
| STEPHEN J MCNULTY | PRESIDENT Trustee or director, Officer | – | $0 |
| COLBY RICHMOND | CLASS B DIRE Trustee or director | – | $0 |
| TYLER ROSA | CLASS A DIRE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1 COLUMBUS CTR STE 611, VIRGINIA BCH, VA 23462-7837
- Principal officer (990 for 2024)
- JEANNE EVANS COX, 1 COLUMBUS CTR STE 611, VIRGINIA BEACH, VA 23453
- Signed the 990
- JEANNE EVANS COX, EXECUTIVE DIRECTOR
- Phone
- (757) 490-7812
- Website
- WWW.CBDA.NET
- Return prepared by
- JONES CPA GROUP PC
Mission
THIS 501(C)3 ENTITY HAS BEEN FORMED TO SUPPORT THE "X SCHOLARSHIP" FUND FOR HIGH SCHOOL SENIORS PARTICIPATING IN CBDA'S ANNUAL INTERNSHIP DAY PROGRAM AND TO PROVIDE GIFTS TO LOCAL NON-PROFITS. IN ADDITION TO CONTRIBUTING TO THE ENRICHMENT OF OUR COMMUNITY, ONE OF THE GOALS OF THE FOUNDATION IS TO INCREASE PUBLIC AWARENESS OF THE SCHOLARSHIP PROGRAM.
Program accomplishments
- FOUNDATION BEGAN IN 2016. DONATIONS RECEIVED IN 2024. FOUNDATION WAS ABLE TO AWARD FIVE 2,500 SCHOLARSHIPS THAT TOTAL TO 12,500.Expenses $12,500 · grants $12,500
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2509880
- 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)
- Education (B82)
- Assets (IRS master file)
- $1,729
- Income (IRS master file)
- $10,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,025 | $14,115 | $1,729 | XML |
| 990 | December 2023 | $3,587 | $3,275 | $2,819 | XML |
| 990 | December 2022 | $8,141 | $8,848 | $2,507 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 81-2509880).
Questions about CENTRAL BUSINESS DISTRICT FOUNDATION
- What is the EIN of CENTRAL BUSINESS DISTRICT FOUNDATION?
- The employer identification number (EIN) of CENTRAL BUSINESS DISTRICT FOUNDATION is 81-2509880.
- Is CENTRAL BUSINESS DISTRICT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CENTRAL BUSINESS DISTRICT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL BUSINESS DISTRICT FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CENTRAL BUSINESS DISTRICT 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 CENTRAL BUSINESS DISTRICT FOUNDATION 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 CENTRAL BUSINESS DISTRICT FOUNDATION?
- The 990 for the year ended December 31, 2024 names JEANNE EVANS COX.
- Who are the officers and directors of CENTRAL BUSINESS DISTRICT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does CENTRAL BUSINESS DISTRICT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,025, expenses of $14,115 and total assets of $1,729 at year end.
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