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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-4791085

GBM FOUNDATION INC

Tax-exempt · GREENSBORO, GA 30642

Financials

$56K$81K2024
Revenue Expenses · by fiscal year end
Financials of GBM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$56,434$80,808-$24,374$7,812$0$6,540
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,769
Program service revenue
$0
Investment income
$1,382
Net income from sales of inventory
$4,283

Expenses

Grants and similar amounts paid
$65,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Printing, publications and postage
$12
Other expenses
$15,796

Balance sheet and other

Total assets, start of year
$30,914
Total assets, end of year
$7,812
Total liabilities, end of year
$0
Net assets, end of year
$6,540
Cash, savings and investments
$7,812
Gross receipts
$57,003

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.

NameTitleHours / weekCompensation
Carly BonsignoreCo-Founder and CEO10$0
Richard William MagnessCo-Founder10$0

Address and contacts

Address (IRS master file)
6350 LAKE OCONEE PARKWAY STE110-117, GREENSBORO, GA 30642-6490
Mailing address (990-N for 2025)
6350 Lake Oconee Parkway Ste110-117, Greensboro GA 30642
Principal officer (990-N for 2025)
Richar, 1031 Centennial Post, Greensboro GA 30642
Signed the 990-EZ
Richard Magness, Chief Financial Officer

Mission

To raise money for Glioblastoma Brain Tumor Research

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Donation to Dr. Wainwright Lab at Loyola University to continue research on immunotherapy for GBM cancer
    grants $30,000
  • Donation to National Brain Tumor Society Defeat GBM initiative
    grants $10,000
  • Donation to Dr. Nudom Lab at Emory University to study modulation of the immune system to treat malignant brain tumors
    grants $15,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2026 990-N for GBM FOUNDATION INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
81-4791085
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
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Medical research (H30)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Richar
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$56,434$80,808$7,812XML
990-N for 2023
Officer: Richard Magness
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Richard Magness
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Richard Magness
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Richard Magness
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Carly Bonsignorre
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 81-4791085).

Questions about GBM FOUNDATION INC

What is the EIN of GBM FOUNDATION INC?
The employer identification number (EIN) of GBM FOUNDATION INC is 81-4791085.
Is GBM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GBM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GBM FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GBM FOUNDATION 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 GBM FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of GBM FOUNDATION INC?
The 990-N for 2025 names Richar.
Who are the officers and directors of GBM FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GBM FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $56,434, expenses of $80,808 and total assets of $7,812 at year end.

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