Nonprofit · EIN 81-2560426
P MICHAEL BOONE FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $262,522 | $228,988 | $33,534 | $237,236 | $6,070 | $231,166 |
| December 31, 2024 | 990 | $313,011 | $137,101 | $175,910 | $200,464 | $2,832 | $197,632 |
| December 31, 2023 | 990-EZ | $69,256 | $54,035 | $15,221 | $25,845 | $0 | $25,845 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $103,522
- Program service revenue
- $155,000
- Investment income
- $0
- Other revenue
- $4,000
Expenses
- Grants and similar amounts paid
- $747
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,899
- Occupancy
- $34,246
- Travel
- $8,135
- Program services (functional)
- $228,988
Balance sheet and other
- Total assets, start of year
- $200,464
- Total assets, end of year
- $237,236
- Total liabilities, end of year
- $6,070
- Net assets, end of year
- $231,166
- Gross receipts
- $262,522
- Employees
- 0
- Volunteers
- 5
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRENTICE BOONE | PRESIDENT Officer | 30 | $0 |
| LANEZ PERRY-BOONE | VICE PRESIDENT Officer | 10 | $0 |
| LEONARD NESMITH | SECRETARY Officer | 10 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRENTICE BOONE | PRESIDENT Officer | 30 | $3,450 |
| LANEZ PERRY-BOONE | VICE PRESIDENT Officer | 10 | $0 |
| LEONARD NESMITH | SECRETARY Officer | 10 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRENTICE BOONE | PRESIDENT | 30 | $0 |
| LANEZ PERRY-BOONE | VICE PRESIDENT | 10 | $0 |
| LEONARD NESMITH | SECRETARY | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 532 W MIDVALE AVE, PHILADELPHIA, PA 19144-4618
- In care of
- % PRENTICE BOONE
- Mailing address (990-N for 2022)
- 532, Phila PA 19144
- Principal officer (990-N for 2022)
- Prentice Michael Boone, 532 W Midvale Ave, PHILADELPHIA PA 19144
- Signed the 990
- PRENTICE BOONE, President
- Phone
- (215) 688-3711
- Website
- www.pmichael.org
- Return prepared by
- Steve Goldflam & Associates
Mission
MENTORING AND TRAINING COMMUNITY YOUTH FOR POTENTIAL CAREERS AS BARBERS TO PROVIDE FOR ECONOMIC STABILITY IN THEIR LIVES AND NEIGHBORHOODS.
Program accomplishments
- MENTORING AND TRAINING COMMUNITY YOUTH FOR POTENTIAL CAREERS AS BARBERS TO PROVIDE FOR ECONOMIC STABILITY IN THEIR LIVES AND NEIGHBORHOODS.Expenses $228,988 · revenue $258,522
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 | 990 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
- 81-2560426
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- 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 (P20)
- Assets (IRS master file)
- $237,236
- Income (IRS master file)
- $262,522
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $262,522 | $228,988 | $237,236 | IRS |
| 990 | December 2024 | $313,011 | $137,101 | $200,464 | XML |
| 990-EZ | December 2023 | $69,256 | $54,035 | $25,845 | XML |
| 990-N for 2022 Officer: Prentice Michael Boone | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Prentice Boone | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Prentice Boone | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Prentice Boone | 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 81-2560426).
Questions about P MICHAEL BOONE FOUNDATION
- What is the EIN of P MICHAEL BOONE FOUNDATION?
- The employer identification number (EIN) of P MICHAEL BOONE FOUNDATION is 81-2560426.
- Is P MICHAEL BOONE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to P MICHAEL BOONE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does P MICHAEL BOONE 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 P MICHAEL BOONE FOUNDATION 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 P MICHAEL BOONE FOUNDATION 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 P MICHAEL BOONE FOUNDATION?
- The 990-N for 2022 names Prentice Michael Boone.
- Who are the officers and directors of P MICHAEL BOONE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does P MICHAEL BOONE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $262,522, expenses of $228,988 and total assets of $237,236 at year end.
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