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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 83-2972414

PEGASUS SPRINGS EDUCATION COLLECTIVE INC

Tax-exempt · READING, MA 01867

Financials

$95K$87K2023$150K$152K2024
Revenue Expenses · by fiscal year end
Financials of PEGASUS SPRINGS EDUCATION COLLECTIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$150,125$151,606-$1,481$15,125$621$14,504
December 31, 2023990$95,106$86,713$8,393$16,504$63$16,441
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$130,000
Program service revenue
$20,125
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,542
Travel
$2,100
Program services (functional)
$130,637
Management and general (functional)
$20,969

Balance sheet and other

Total assets, start of year
$16,504
Total assets, end of year
$15,125
Total liabilities, end of year
$621
Net assets, end of year
$14,504
Gross receipts
$150,125
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
MA

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
CRAIG MARTINPRESIDENT
Officer
2$0
LORRAINE MARTINVICE PRESIDENT
Officer
2$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
CRAIG MARTINPRESIDENT
Officer
2$0
LORRAINE MARTINVICE PRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
30 PARTRIDGE RD, READING, MA 01867-1168
In care of
% CRAIG MARTIN
Principal officer (990 for 2024)
LORRAINE MARTIN, 30 PARTRIDGE RD, READING, MA 01867
Signed the 990
LORRAINE MARTIN, VICE PRESIDENT
Phone
(978) 664-9222
Return prepared by
JAMES KELLEHER CPA LLC

Mission

CONNECTING AND SUPPORTING EDUCATORS, STUDENTS, COMMUNITIES, AND ORGANIZATIONS, TO CONTINUOUSLY NURTURE EFFECTIVE LEARNING CULTURE FOR THE ENTIRE EDUCATIONAL SYSTEM.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATIONS PRIMARY PROGRAM SERVICE IS TO CONNECT STUDENTS WITH EDUCATORS
    Expenses $103,931
  • THE ORGANIZATION SUPPORTS EDUCATORS WITH TRAINING AND COLLABORATION
    Expenses $19,209
  • THE ORGANIZATION PROVIDES OPPORTUNITIES FOR PARENTS TO COLLABORATE WITH EDUCATORS
    Expenses $7,497

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

File the 2025 990-EZ for PEGASUS SPRINGS EDUCATION COLLECTIVE INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
83-2972414
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
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)
$15,125
Income (IRS master file)
$150,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$150,125$151,606$15,125XML
990December 2023$95,106$86,713$16,504XML
990December 2022$386,854$407,993$8,617IRS
990December 2021–––IRS
990December 2020–––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 83-2972414).

Questions about PEGASUS SPRINGS EDUCATION COLLECTIVE INC

What is the EIN of PEGASUS SPRINGS EDUCATION COLLECTIVE INC?
The employer identification number (EIN) of PEGASUS SPRINGS EDUCATION COLLECTIVE INC is 83-2972414.
Is PEGASUS SPRINGS EDUCATION COLLECTIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to PEGASUS SPRINGS EDUCATION COLLECTIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEGASUS SPRINGS EDUCATION COLLECTIVE 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 PEGASUS SPRINGS EDUCATION COLLECTIVE 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 PEGASUS SPRINGS EDUCATION COLLECTIVE 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 PEGASUS SPRINGS EDUCATION COLLECTIVE INC?
The 990 for the year ended December 31, 2024 names LORRAINE MARTIN.
Who are the officers and directors of PEGASUS SPRINGS EDUCATION COLLECTIVE INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does PEGASUS SPRINGS EDUCATION COLLECTIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $150,125, expenses of $151,606 and total assets of $15,125 at year end.

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