Skip to main content

Nonprofit · EIN 82-2772080

EDRICE ADEBAYO FOUNDATION INC

Tax-exempt · LEXINGTON, KY 40588

Financials

$121K$141K2023$171K$146K2024
Revenue Expenses · by fiscal year end
Financials of EDRICE ADEBAYO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$171,399$146,064$25,335$32,240$0$32,240
December 31, 2023990-EZ$121,389$140,684-$19,295$6,905$0$6,905
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$171,399

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$50,300
Professional fees and payments to contractors
$4,000
Occupancy
$161
Printing, publications and postage
$1,520
Other expenses
$90,083
Program services (functional)
$62,336

Balance sheet and other

Total assets, start of year
$6,905
Total assets, end of year
$32,240
Total liabilities, end of year
$0
Net assets, end of year
$32,240
Cash, savings and investments
$32,240
Gross receipts
$171,399

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
KEVIN GRAVESTREASURER1$0
EDRICE ADEBAYOPRESIDENT1$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
KEVIN GRAVESTREASURER1$0
EDRICE ADEBAYOPRESIDENT1$0

Address and contacts

Address (IRS master file)
PO BOX 1485, LEXINGTON, KY 40588-1485
In care of
% KEVIN GRAVES
Mailing address (990-N for 2021)
PO Box 1485, Lexington KY 40588
Principal officer (990-N for 2021)
Edrice Adebayo, PO Box 1485, Lexington KY 40588
Signed the 990-EZ
EDRICE ADEBAYO, PRESIDENT
Phone
(859) 629-4956
Return prepared by
RADWAN BROWN & COMPANY PSC

Mission

TO PROVIDE MEALS AND ASSISTANCE TO FAMILIES AND CHILDREN IN NEED.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDING MEALS AND ASSISTANCE TO FAMILIES AND CHILDREN IN NEED.
    Expenses $62,336 · grants $34,800

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-2772080
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,240
Income (IRS master file)
$171,399

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$171,399$146,064$32,240XML
990-EZDecember 2023$121,389$140,684$6,905XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Edrice Adebayo
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Edrice Adebayo
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Edrice Adebayo
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 82-2772080).

Questions about EDRICE ADEBAYO FOUNDATION INC

What is the EIN of EDRICE ADEBAYO FOUNDATION INC?
The employer identification number (EIN) of EDRICE ADEBAYO FOUNDATION INC is 82-2772080.
Is EDRICE ADEBAYO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to EDRICE ADEBAYO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDRICE ADEBAYO 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 EDRICE ADEBAYO FOUNDATION INC 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 EDRICE ADEBAYO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of EDRICE ADEBAYO FOUNDATION INC?
The 990-N for 2021 names Edrice Adebayo.
Who are the officers and directors of EDRICE ADEBAYO 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 EDRICE ADEBAYO FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $171,399, expenses of $146,064 and total assets of $32,240 at year end.

Other nonprofits in LEXINGTON

All nonprofits in LEXINGTON · Kentucky · Youth development