Nonprofit · EIN 85-2280049
B CHARITABLE INC
Tax-exempt · BIRMINGHAM, AL 35209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,590,220 | $744,578 | $1,845,642 | $2,948,518 | $0 | $2,948,518 |
| December 31, 2023 | 990 | $1,117,506 | $768,393 | $349,113 | $948,212 | $5,815 | $942,397 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,553,197
- Program service revenue
- $0
- Investment income
- $37,023
- Net gain from sales of assets
- -$2,598
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $709,202
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,470
- Program services (functional)
- $744,578
Balance sheet and other
- Total assets, start of year
- $948,212
- Total assets, end of year
- $2,948,518
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,948,518
- Net assets without donor restrictions
- $2,948,518
- Gross receipts
- $2,669,629
- Employees
- 0
- Year formed
- 2020
- State of legal domicile
- AL
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 |
|---|---|---|---|
| Charles Anderson III | Director Trustee or director | 0.16 | $0 |
| J Addam Evans | Director Trustee or director | 0.16 | $0 |
| Andrew A Gearhart | Director Trustee or director | 0.16 | $0 |
| Jonathan L Shugart | Vice President and Secretary Trustee or director, Officer | 0.58 | $0 |
| Jonathan Shugart Jr | President and Treasurer Trustee or director, Officer | 0.58 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew A Gearhart | Director Trustee or director | 0.16 | $0 |
| J Addam Evans | Director Trustee or director | 0.16 | $0 |
| Charles Anderson III | Director Trustee or director | 0.16 | $0 |
| Jonathan Shugart Jr | President and Treasurer Trustee or director, Officer | 0.58 | $0 |
| Jonathan L Shugart | Vice President and Secretary Trustee or director, Officer | 0.58 | $0 |
Address and contacts
- Address (IRS master file)
- 412 CLIFF PL, BIRMINGHAM, AL 35209-5202
- In care of
- % JONATHAN SHUGART
- Mailing address (990-N for 2020)
- 412 Cliff Pl, Homewood AL 35209
- Principal officer (990-N for 2020)
- Jonathan L Shugart Jr, 412 Cliff Pl, Homewood AL 35209
- Signed the 990
- JONATHAN SHUGART, Executive Director
- Phone
- (334) 559-6906
- Website
- www.bcharitable.org
- Return prepared by
- BROTHERS CPA PC
Mission
The corporation is organized and shall be operated exclusively for charitable purposes as set forth in Sectin 501 (c)(3)such as making distributions to organizatons that are recognized as exempt from federal income tax under Code Section 501 (c)(3).
Program accomplishments
- To Facilitate and increase individual support for Charitable organizations. Over $700,000 was granted to public charities, religious organizations, and private operating foundations.Expenses $744,578 · revenue $2,590,220
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
- 85-2280049
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $2,948,518
- Income (IRS master file)
- $2,669,629
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,590,220 | $744,578 | $2,948,518 | IRS |
| 990 | December 2023 | $1,117,506 | $768,393 | $948,212 | XML |
| 990 | December 2022 | $1,012,426 | $720,438 | $593,326 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Jonathan L Shugart Jr | December 31, 2020 | ≤ $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 85-2280049).
Questions about B CHARITABLE INC
- What is the EIN of B CHARITABLE INC?
- The employer identification number (EIN) of B CHARITABLE INC is 85-2280049.
- Is B CHARITABLE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to B CHARITABLE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does B CHARITABLE 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 B CHARITABLE 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 B CHARITABLE 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 B CHARITABLE INC?
- The 990-N for 2020 names Jonathan L Shugart Jr.
- Who are the officers and directors of B CHARITABLE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does B CHARITABLE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,590,220, expenses of $744,578 and total assets of $2,948,518 at year end.
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