Nonprofit · EIN 83-0928918
UNIFIED POTENTIAL INC
Tax-exempt · LYNCHBURG, VA 24503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $140,822 | $105,747 | $35,075 | $75,650 | $61,810 | $13,840 |
| December 31, 2023 | 990 | $111,173 | $127,283 | -$16,110 | $117,051 | $138,286 | -$21,235 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $116,000
- Program service revenue
- $24,822
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $31,200
- Salaries, compensation and benefits (total)
- $33,787
- Professional fundraising fees
- $0
- Accounting fees
- $1,380
- Occupancy
- $300
- Depreciation
- $45,136
- Program services (functional)
- $105,747
Balance sheet and other
- Total assets, start of year
- $117,051
- Total assets, end of year
- $75,650
- Total liabilities, end of year
- $61,810
- Net assets, end of year
- $13,840
- Land, buildings and equipment
- $69,419
- Net assets without donor restrictions
- $13,840
- Gross receipts
- $140,822
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2018
- 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 |
|---|---|---|---|
| JOHN M SALMON IV | DIRECTOR Trustee or director | 10 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN M SALMON IV | DIRECTOR Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 144 BEACON HILL PL, LYNCHBURG, VA 24503-4128
- Mailing address (990-N for 2021)
- 144 BEACON HILL PL, LYNCHBURG VA 24503
- Principal officer (990 for 2024)
- JOHN M SALMON IV, 144 BEACON HILL PLACE, LYNCHBURG, VA 24503
- Principal officer (990-N for 2021)
- JOHN M SALMON IV, 144 BEACON HILL PLACE, LYNCHBURG VA 24503
- Signed the 990
- JOHN M SALMON IV, DIRECTOR
- Phone
- (434) 444-1200
- Return prepared by
- DAVIDSON DOYLE & HILTON LLP
Mission
UNIFIED POTENTIAL IS PRIMARILY DEVOTED TO BUILDING SYSTEMS THAT ENABLE PEOPLE TO MAKE CONNECTIONS. IN PARTICULAR, THESE SYSTEMS WILL ENABLE ACCESS FOR UNDER-RESOURCED GROUPS TO WHOM EXISTING SYSTEMS ARE INACCESSIBLE. DOING BUSINESS AS MOVEUP, UNIFIED POTENTIAL PROVIDES PERSONS WITH CONNECTIONS TO NON-PROFIT TRANSPORTATION OPTIONS. THE SYSTEM IS DESIGNED TO BE ACCESSIBLE BY ALL INDIVIDUALS, REGARDLESS OF AGE OR FUNCTIONAL STATUS. THESE GROUPS INCLUDE BUT ARE NOT LIMITED TO: AMBULATORY ADULTS WITH LIMITED FINANCIAL MEANS; CHILDREN WHO MAY NEED TO BE TRANSPORTED WITH THE CONSENT OF PARENTS OR GUARDIANS BUT WITHOUT AN ADULT PRESENT; ADULTS WHO NEED ADDITIONAL ASSISTANCE AND ARE THUS SOMEWHAT VULNERABLE SUCH AS ELDERLY; DISABLED INDIVIDUALS IN FOLDING OR ELECTRIC WHEELCHAIRS; OR EVEN THOSE WITH MORE ADVANCED MEDICAL NEEDS SUCH AS TRAVELING WITH A CAREGIVER OR REQUIRING A NON-EMERGENT AMBULANCE TRANSPORT.
Program accomplishments
- PROVIDES PERSONS WITH CONNECTIONS TO NON-PROFIT TRANSPORTATION OPTIONS.Expenses $105,747 · revenue $24,822
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
- 83-0928918
- 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
- Category (NTEE)
- Human services (P52)
- Assets (IRS master file)
- $75,650
- Income (IRS master file)
- $140,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $140,822 | $105,747 | $75,650 | IRS |
| 990 | December 2023 | $111,173 | $127,283 | $117,051 | XML |
| 990 | December 2022 | $266,018 | $177,336 | $166,938 | IRS |
| 990-N for 2021 Officer: JOHN M SALMON IV | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: JOHN M SALMON IV | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: JOHN M SALMON IV | 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 83-0928918).
Questions about UNIFIED POTENTIAL INC
- What is the EIN of UNIFIED POTENTIAL INC?
- The employer identification number (EIN) of UNIFIED POTENTIAL INC is 83-0928918.
- Is UNIFIED POTENTIAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to UNIFIED POTENTIAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIFIED POTENTIAL 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 UNIFIED POTENTIAL 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 UNIFIED POTENTIAL INC 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 UNIFIED POTENTIAL INC?
- The 990 for the year ended December 31, 2024 names JOHN M SALMON IV.
- Who are the officers and directors of UNIFIED POTENTIAL INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does UNIFIED POTENTIAL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $140,822, expenses of $105,747 and total assets of $75,650 at year end.
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