Nonprofit · EIN 81-2890446
CHARLESSON FOUNDATION
Tax-exempt · LEWISVILLE, NC 27023
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $479,044 | $102,239 | $376,805 | $5,548,429 | $0 | $5,548,429 |
| December 31, 2023 | 990 | $861,528 | $101,778 | $759,750 | $4,673,408 | $0 | $4,673,408 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250,000
- Program service revenue
- $0
- Investment income
- $229,044
- Net gain from sales of assets
- $100,767
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $55,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,125
- Occupancy
- $1,705
- Depreciation
- $10,241
- Program services (functional)
- $102,239
Balance sheet and other
- Total assets, start of year
- $4,673,408
- Total assets, end of year
- $5,548,429
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,548,429
- Land, buildings and equipment
- $303,302
- Gross receipts
- $913,917
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- OK
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 |
|---|---|---|---|
| JIAN-XING MA | PRESIDENT Trustee or director | 2 | $0 |
| YANG FENG | VICE PRESIDENT Trustee or director | 4 | $0 |
| SYMON MA | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| BLAINE R STANSEL | MANAGER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIAN-XING MA | PRESIDENT Trustee or director | 2 | $0 |
| YANG FENG | VICE PRESIDENT Trustee or director | 4 | $0 |
| SYMON MA | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| BLAINE R STANSEL | MANAGER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9206 SPARROWHAWK CT, LEWISVILLE, NC 27023-8381
- Principal officer (990 for 2024)
- JIAN-XING MA, 401 EAST FOURTH STREET, WINSTONSALEM, NC 27101
- Signed the 990
- JIAN-XING MA, PRESIDENT
- Phone
- (405) 250-2084
- Return prepared by
- SMITH CARNEY & CO PC
Mission
THIS FOUNDATION WAS CREATED TO PROVIDE FINANCIAL ASSISTANCE FOR SCIENTIFIC RESEARCH WHICH WILL INCLUDE, BUT NOT LIMITED TO, MEDICAL RESEARCH, LITERARY AND EDUCATIONAL PURPOSES.
Program accomplishments
- TO PROVIDE FINANCIAL ASSISTANCE FOR SCIENTIFIC RESEARCH WHICH WILL INCLUDE, BUT NOT LIMITED TO, MEDICAL RESEARCH, LITERARY AND EDUCATIONAL PURPOSES.Expenses $102,239 · grants $55,000
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 on file |
IRS record
- EIN
- 81-2890446
- 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)
- Medical research (H41)
- Assets (IRS master file)
- $5,548,429
- Income (IRS master file)
- $913,917
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $479,044 | $102,239 | $5,548,429 | XML |
| 990 | December 2023 | $861,528 | $101,778 | $4,673,408 | XML |
| 990 | December 2022 | $171,861 | $74,658 | $3,545,819 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 81-2890446).
Questions about CHARLESSON FOUNDATION
- What is the EIN of CHARLESSON FOUNDATION?
- The employer identification number (EIN) of CHARLESSON FOUNDATION is 81-2890446.
- Is CHARLESSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CHARLESSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARLESSON 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 CHARLESSON 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 CHARLESSON 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 CHARLESSON FOUNDATION?
- The 990 for the year ended December 31, 2024 names JIAN-XING MA.
- Who are the officers and directors of CHARLESSON FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does CHARLESSON FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $479,044, expenses of $102,239 and total assets of $5,548,429 at year end.
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