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Nonprofit · EIN 83-2624526

DETV FOUNDATION

Also known as FOUNDATION

Tax-exempt · WILMINGTON, DE 19805

Financials

$412K$880K2023
Revenue Expenses · by fiscal year end
Financials of DETV FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$411,982$880,300-$468,318$282,009$25,075$256,934
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$133,676
Program service revenue
$278,306
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$3,846
Other salaries and wages
$78,406
Salaries, compensation and benefits (total)
$90,762
Professional fundraising fees
$4,850
Legal fees
$200
Accounting fees
$9,311
Occupancy
$32,194
Travel
$7,650
Depreciation
$4,160
Program services (functional)
$701,193
Management and general (functional)
$174,257
Fundraising (functional)
$4,850

Balance sheet and other

Total assets, start of year
$725,252
Total assets, end of year
$282,009
Total liabilities, end of year
$25,075
Net assets, end of year
$256,934
Land, buildings and equipment
$16,639
Net assets without donor restrictions
$256,934
Gross receipts
$411,982
Employees
7
Volunteers
10
Year formed
2020
State of legal domicile
DE

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
IVAN THOMASEXECUTIVE DIRECTOR
Key employee
40$81,053
MAC MACLEODOFFICER
Officer
1$0
KERWIN GAINESPRESIDENT
Officer
1$0
BRIAN MCGLINCHEYVICE PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
2801 LANCASTER AVE STE I, WILMINGTON, DE 19805-5232
In care of
% IVAN THOMAS
Signed the 990
IVAN THOMAS, EXECUTIVE DIREC
Return prepared by
RiversEdge Tax & Advisory

Mission

TO PROVIDE PUBLIC ACCESS LOCAL TELEVISED AND DIGITAL PLATFORM FOR THE METRO WILMINGTON RESIDENTS TO SHARE THEIR VOICES AND CREATIVITY AND USE THE POWER OF MEDIA FOR ARTISTIC EXPRESSION ON A PUBLIC FORMAT

990 for the year ended December 31, 2023

Program accomplishments

  • PRODUCE AND IMPLEMENT CREATIVE, INNOVATIVE CULTURALLY SENSITIVE PROGRAMS AND SERVICES THAT BRIDGE COMMUNITIES AND CONNECT PEOPLE IN THE WILMINGTON METRO AREA AND THROUGHOUT THE NEW CASTLE COUNTY COMMUNITIES
    Expenses $701,193

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2624526
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$282,009
Income (IRS master file)
$411,982

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$411,982$880,300$282,009XML
990December 2022$1,374,904$1,013,580$725,252IRS
990December 2021–––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 83-2624526).

Questions about DETV FOUNDATION

What is the EIN of DETV FOUNDATION?
The employer identification number (EIN) of DETV FOUNDATION is 83-2624526.
Is DETV FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to DETV FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DETV 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 DETV 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 DETV FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who are the officers and directors of DETV FOUNDATION?
The 990 for the year ended December 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $81,053 (IVAN THOMAS, EXECUTIVE DIRECTOR).
How much revenue does DETV FOUNDATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $411,982, expenses of $880,300 and total assets of $282,009 at year end.

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