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Nonprofit · EIN 84-2585940

BOOKER PROMISE FOUNDATION INC

Tax-exempt · SARASOTA, FL 34230

Financials

$362K$421K2023$103K$125K2024
Revenue Expenses · by fiscal year end
Financials of BOOKER PROMISE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$103,133$124,994-$21,861$731,906$0$731,906
June 30, 2024990$361,737$420,626-$58,889$187,967$0$187,967
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$102,786
Program service revenue
$0
Investment income
$347
Other revenue
$0

Expenses

Grants and similar amounts paid
$8,125
Other salaries and wages
$79,220
Salaries, compensation and benefits (total)
$91,541
Professional fundraising fees
$0
Accounting fees
$925
Program services (functional)
$97,380
Management and general (functional)
$13,807
Fundraising (functional)
$13,807

Balance sheet and other

Total assets, start of year
$187,967
Total assets, end of year
$731,906
Total liabilities, end of year
$0
Net assets, end of year
$731,906
Net assets without donor restrictions
$731,906
Gross receipts
$103,133
Employees
1
Volunteers
12
Year formed
2019
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
FRED CHAMBERLAINSECRETARY/TR
Trustee or director, Officer
1$0
KC SUZUKI ESQDIRECTOR
Trustee or director
1$0
DR RACHEL SHELLEYVICE CHAIR
Trustee or director, Officer
1$0
MICHAEL SHELTONCHAIR
Trustee or director, Officer
40$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
FRED CHAMBERLAINSECRETARY/TR
Trustee or director, Officer
1$0
KC SUZUKI ESQDIRECTOR
Trustee or director
1$0
LEWIS SOLOMON ESQDIRECTOR
Trustee or director
1$0
DR BARBARA J LORRYVICE CHAIR
Trustee or director
1$0
DR RACHEL SHELLEYDIRECTOR
Trustee or director
1$0
MICHAEL SHELTONCHAIR
Trustee or director, Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 2299, SARASOTA, FL 34230-2299
In care of
% MICHAEL J SHELTON
Principal officer (990 for 2024)
MICHAEL SHELTON, PO BOX 2299, SARASOTA, FL 34239
Signed the 990
MICHAEL SHELTON, CHAIR
Phone
(941) 928-0567
Return prepared by
WESTAX INC

Mission

PROVIDE COLLEGE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE SCHOLARSHIPS TO BOOKER HIGH SCHOOL STUDENTS IN NEED AND WHO ARE PARTICIPATING IN THE BOOKER PROMISE SCHOLARSHIP PROGRAM
    Expenses $97,380 · grants $8,125
  • PURCHASE PREPAID COLLEGE SCHOLARSHIPS FROM FLORIDA PREPAID SCHOLARSHIP PROGRAM FOR THE BENEFIT OF BOOKER HIGH STUDENTS PARTICPATING IN THE BOOKER PROMISE PROGRAM.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
84-2585940
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$731,906
Income (IRS master file)
$103,133

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$103,133$124,994$731,906XML
990June 2024$361,737$420,626$187,967XML
990June 2023$435,100$361,403$279,358IRS
990June 2022$226,475$224,045$268,161IRS
990June 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 84-2585940).

Questions about BOOKER PROMISE FOUNDATION INC

What is the EIN of BOOKER PROMISE FOUNDATION INC?
The employer identification number (EIN) of BOOKER PROMISE FOUNDATION INC is 84-2585940.
Is BOOKER PROMISE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to BOOKER PROMISE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOOKER PROMISE 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 BOOKER PROMISE FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BOOKER PROMISE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BOOKER PROMISE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names MICHAEL SHELTON.
Who are the officers and directors of BOOKER PROMISE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does BOOKER PROMISE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $103,133, expenses of $124,994 and total assets of $731,906 at year end.

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