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Nonprofit · EIN 82-2178627

FEARLESS FOUNDATION

Tax-exempt · ATLANTA, GA 30310

Financials

$2.6M$3.9M2023$879K$878K2024
Revenue Expenses · by fiscal year end
Financials of FEARLESS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$878,754$877,640$1,114$117,083$43,250$73,833
December 31, 2023990$2,596,277$3,858,964-$1,262,687$74,260$0$74,260
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$878,754
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$147,500
Other salaries and wages
$127,834
Salaries, compensation and benefits (total)
$155,899
Professional fundraising fees
$0
Legal fees
$9,980
Accounting fees
$3,200
Occupancy
$8,756
Travel
$60,327
Program services (functional)
$877,640

Balance sheet and other

Total assets, start of year
$74,260
Total assets, end of year
$117,083
Total liabilities, end of year
$43,250
Net assets, end of year
$73,833
Net assets without donor restrictions
$73,833
Gross receipts
$878,754
Employees
4
Volunteers
0
Year formed
2018
State of legal domicile
GA

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.

NameTitleHours / weekCompensation
CHRISTINA MURRAYDIRECTOR OF PROGRAMS
Trustee or director
0$0
DIANA HAMILTONTRUSTEE
Trustee or director
0$0
JACQUELINE WALTERSTRUSTEE
Trustee or director
0$0
ZACHARY WALLACETRUSTEE
Trustee or director
0$0
GREG MYERTRUSTEE
Trustee or director
0$0
ARIAN SIMONE REEDFOUNDER
Officer
0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
ARIAN SIMONE REEDFounder
Officer
0$0
CHRISTINA MURRAYDIRECTOR OF PROGRAMS
Key employee
0$0

Address and contacts

Address (IRS master file)
1623 WESTWOOD AVE SW, ATLANTA, GA 30310-2317
Principal officer (990 for 2024)
ARIAN REED, 1623 WESTWOOD AVENUE SW, ATLANTA, GA 30310
Signed the 990
ARIAN SIMONE REED, PRESIDENT
Phone
(310) 467-7202
990-N for 2019 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: ARIAN SIMONE, 3151 STILLHOUSE CREED DR SE 13213, ATLANTA GA 30339. Mailing address: 3151 STILLHOUSE CREEK DR SE 13213, ATLANTA GA 30339.
Return prepared by
ANDERSEN TAX LLC

Mission

OUR MISSION IS TO PROVIDE CAPITAL, COMMUNITY, MENTORSHIP, EDUCATION, SUPPORT, AND ADVOCACY TO ENTREPRENEURS OF COLOR IN ORDER TO HELP THEM BUILD SUCCESSFUL BUSINESSES THAT CREATE JOBS, GENERATE REVENUE, AND STRENGTHEN COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • FEARLESS FUND INVESTS IN WOMEN-OF-COLOR-LED BUSINESSES SEEKING PRE-SEED, SEED, OR SERIES A FINANCING. OUR MISSION IS TO BRIDGE THE GAP IN VENTURE CAPITAL FUNDING FOR FOUNDERS OF COLOR BUILDING SCALABLE, HIGH-GROWTH COMPANIES. FEARLESS FUND IS BUILT BY WOMEN OF COLOR, FOR PEOPLE OF COLOR.
    Expenses $877,640 · grants $147,500 · revenue $878,754

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-2178627
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$117,083
Income (IRS master file)
$878,754

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$878,754$877,640$117,083IRS
990December 2023$2,596,277$3,858,964$74,260XML
990December 2022$4,166,197$3,961,625$1,336,947IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: ARIAN SIMONE
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: ARIAN SIMONE
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2018≤ $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 82-2178627).

Questions about FEARLESS FOUNDATION

What is the EIN of FEARLESS FOUNDATION?
The employer identification number (EIN) of FEARLESS FOUNDATION is 82-2178627.
Is FEARLESS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FEARLESS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FEARLESS 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 FEARLESS 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 FEARLESS 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 FEARLESS FOUNDATION?
The 990 for the year ended December 31, 2024 names ARIAN REED.
Who are the officers and directors of FEARLESS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does FEARLESS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $878,754, expenses of $877,640 and total assets of $117,083 at year end.

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