Nonprofit · EIN 82-1932020
CTU FOUNDATION INC
Tax-exempt · LAUREL, MD 20708
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,077,256 | $1,838,494 | $238,762 | $4,129,950 | $3,883,858 | $246,092 |
| June 30, 2024 | 990 | $2,550,762 | $2,395,971 | $154,791 | $4,087,753 | $4,080,423 | $7,330 |
| June 30, 2023 | 990 | $2,126,123 | $2,169,471 | -$43,348 | $4,267,843 | $4,415,305 | -$147,462 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,305,610
- Investment income
- $0
- Other revenue
- $771,646
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $67,575
- Salaries, compensation and benefits (total)
- $103,001
- Professional fundraising fees
- $0
- Occupancy
- $1,633,251
- Program services (functional)
- $1,634,001
- Management and general (functional)
- $185,145
- Fundraising (functional)
- $19,348
Balance sheet and other
- Total assets, start of year
- $4,087,753
- Total assets, end of year
- $4,129,950
- Total liabilities, end of year
- $3,883,858
- Net assets, end of year
- $246,092
- Net assets without donor restrictions
- $246,092
- Gross receipts
- $2,077,256
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MELINDA BUNNELL-RHYNE | PRESIDENT Trustee or director, Officer | 8 | $0 | $118,855 | $10,183 |
| KIM WITTLER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $106,685 | $13,586 |
| DWIGHT YODER | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| EARL SIMMS | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DARRYL CAMPBELL TERM 12224 | SECRETARY/TREASURER Former | 1 | $0 | $170,340 | $11,260 |
| KIM WITTLER | VICE PRESIDENT Officer | 1 | $0 | $111,946 | $26,363 |
| MELINDA A BUNNELL-RHYNE | PRESIDENT Officer | 2 | $0 | $121,215 | $5,969 |
| DWIGHT YODER | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| BG GEN RET EARL SIMMS | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHLEEN WERNER RETIRED 1072022 | SECRETARY/TREASURER Former | 1 | $0 | $114,026 | $45,083 |
| KIM WITTLER | VICE PRESIDENT Officer | 1 | $0 | $105,972 | $25,208 |
| MELINDA A BUNNELL-RHYNE | PRESIDENT Officer | 2 | $0 | $119,600 | $5,730 |
| DARRYL CAMPBELL | SECRETARY/TREASURER Officer | 1 | $0 | $54,602 | $900 |
| DWIGHT YODER | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| J KELLY BROWN JR | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| BG GEN RET EARL SIMMS | BOARD MEMBER Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11301 SPRINGFIELD RD, LAUREL, MD 20708-9758
- Principal officer (990 for 2024)
- MELINDA BUNNELL-RHYNE, 11301 SPRINGFIELD LANE, LAUREL, MD 20708
- Signed the 990
- MELINDA BUNNELL-RHYNE, PRESIDENT
- Phone
- (301) 369-2800
- Return prepared by
- SB & COMPANY LLC
Mission
NONE
Program accomplishments
- SUPPORT THE INSTITUTION KNOWN AS CAPITOL TECHNOLOGY UNIVERSITY.Expenses $1,634,001 · revenue $2,077,256
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1932020
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $4,129,950
- Income (IRS master file)
- $2,077,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,077,256 | $1,838,494 | $4,129,950 | IRS |
| 990 | June 2024 | $2,550,762 | $2,395,971 | $4,087,753 | IRS |
| 990 | June 2023 | $2,126,123 | $2,169,471 | $4,267,843 | XML |
| 990 | June 2022 | $1,478,910 | $1,594,479 | $3,941,136 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 82-1932020).
Questions about CTU FOUNDATION INC
- What is the EIN of CTU FOUNDATION INC?
- The employer identification number (EIN) of CTU FOUNDATION INC is 82-1932020.
- Is CTU FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to CTU FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CTU FOUNDATION INC 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 CTU FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CTU FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CTU FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MELINDA BUNNELL-RHYNE.
- Who are the officers and directors of CTU FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CTU FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,077,256, expenses of $1,838,494 and total assets of $4,129,950 at year end.
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