Nonprofit · EIN 82-3264889
DEGOOD FOUNDATION
Tax-exempt · NEWPORT NEWS, VA 23606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $241,261 | $205,891 | $35,370 | $128,096 | $5,450 | $122,646 |
| December 31, 2023 | 990 (amended) | $209,915 | $189,292 | $20,623 | $93,262 | $5,986 | $87,276 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $240,950
- Program service revenue
- $0
- Investment income
- $311
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $9,420
- Salaries, compensation and benefits (total)
- $9,420
- Professional fundraising fees
- $0
- Occupancy
- $4,200
- Depreciation
- $272
- Program services (functional)
- $184,637
- Management and general (functional)
- $18,107
- Fundraising (functional)
- $3,147
Balance sheet and other
- Total assets, start of year
- $93,262
- Total assets, end of year
- $128,096
- Total liabilities, end of year
- $5,450
- Net assets, end of year
- $122,646
- Land, buildings and equipment
- $516
- Net assets without donor restrictions
- $82,646
- Net assets with donor restrictions
- $40,000
- Gross receipts
- $241,261
- Employees
- 1
- Year formed
- 2017
- State of legal domicile
- VA
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 |
|---|---|---|---|
| KYLE DEGOOD | EXECUTIVE DIRECTOR Trustee or director | 20 | $9,419 |
| SUSAN WOMACK | BOARD CHAIR Trustee or director | 2 | $0 |
| ERICA DEWS | BOARD SECRETARY Trustee or director | 1 | $0 |
| PETER HOFFMANN | BOARD TREASURER Trustee or director | 1 | $0 |
| MARSHA WEATHERWAX | BOARD MEMBER Trustee or director | 1 | $0 |
| MIGUEL MORALES | BOARD MEMBER Trustee or director | 1 | $0 |
| MALEA AMOS | VICE CHAIR Officer | 2 | $0 |
| EMMA BARKER | TREASURER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE DEGOOD | EXECUTIVE DIRECTOR Trustee or director | 10 | $11,250 |
| PETER HOFFMANN | BOARD TREASURER Trustee or director | 1 | $0 |
| MARSHA WEATHERWAX | BOARD MEMBER Trustee or director | 1 | $0 |
| MIGUEL MORALES | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN WOMACK | BOARD CHAIR Trustee or director | 2 | $0 |
| ERICA DEWS | BOARD SECRETARY Trustee or director | 2 | $0 |
| MALEA AMOS | VICE CHAIR Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11834 CANON BLVD STE G-3, NEWPORT NEWS, VA 23606-2581
- In care of
- % KYLE DEGOOD
- Mailing address (990-N for 2020)
- 733 Thimble Shoals Blvd Suite 170, Newport News VA 23606
- Principal officer (990-N for 2020)
- Kyle DeGood, 230 Aspen Blvd, Yorktown VA 23692
- Signed the 990
- KYLE DEGOOD, EXECUTIVE DIRECTOR
- Phone
- (757) 574-0334
- Website
- www.degoodfoundation.org
- Return prepared by
- COLONIAL CPA GROUP
Mission
THE ORGANIZATION PROVIDES BOOKS FOR CHILDREN IN THE HAMPTON ROADS AREA OF VIRGINIA.
Program accomplishments
- THE ORGANIZATION PROVIDES FREE, HIGH-QUALITY, AGE-APPROPRIATE BOOKS TO CHILDREN EACH MONTH IN THE HAMPTON ROADS AREA OF VIRGINIA.Expenses $184,637
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
- 82-3264889
- 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
- Category (NTEE)
- Youth development (O20)
- Assets (IRS master file)
- $128,096
- Income (IRS master file)
- $241,261
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $241,261 | $205,891 | $128,096 | XML |
| 990 | December 2023 | $209,915 | $189,292 | $93,262 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Kyle DeGood | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Kyle DeGood | 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 82-3264889).
Questions about DEGOOD FOUNDATION
- What is the EIN of DEGOOD FOUNDATION?
- The employer identification number (EIN) of DEGOOD FOUNDATION is 82-3264889.
- Is DEGOOD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to DEGOOD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEGOOD 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 DEGOOD 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 DEGOOD 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 DEGOOD FOUNDATION?
- The 990-N for 2020 names Kyle DeGood.
- Who are the officers and directors of DEGOOD FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $9,419 (KYLE DEGOOD, EXECUTIVE DIRECTOR).
- How much revenue does DEGOOD FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $241,261, expenses of $205,891 and total assets of $128,096 at year end.
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