Nonprofit · EIN 85-3019965
CLEAR RIBBON FOUNDATION
Also known as CLEAR RIBBON
Tax-exempt · PERU, IL 61354
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $25,184 | $12,543 | $12,641 | $69,555 | $12,211 | $57,344 |
| December 31, 2023 | 990-EZ | $46,466 | $17,214 | $29,252 | $78,509 | $33,806 | $44,703 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,184
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $12,543
- Program services (functional)
- $6,280
Balance sheet and other
- Total assets, start of year
- $78,509
- Total assets, end of year
- $69,555
- Total liabilities, end of year
- $12,211
- Net assets, end of year
- $57,344
- Cash, savings and investments
- $69,555
- Gross receipts
- $25,184
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FUMAGALLI | PRESDIENT | 3 | $0 |
| JAMES BEAVERS | TREASURER | 3 | $0 |
| GINA FAILLO | VICE PRESIDE | 1 | $0 |
| CYNTHIA RICK | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FUMAGALLI | PRESDIENT | 3 | $0 |
| JAMES BEAVERS | TREASURER | 3 | $0 |
| GINA FAILLO | VICE PRESIDE | 1 | $0 |
| CYNTHIA RICK | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 273 N 2519TH RD, PERU, IL 61354-9004
- In care of
- % JAMES BEAVERS
- Signed the 990-EZ
- JAMES BEAVERS, TREASURER
- Phone
- (630) 853-6707
- Website
- WWW.CLEARRIBBON.COM
- Return prepared by
- LABUDA & LEMERMAN LLC
Mission
TO PROVIDE IMMEDIATE, SHORT-TERM, MID-TERM AND LONG-TERM GUIDANCE AND SUPPORT TO FAMILIES WITH YOUNG SCHOOL AGE CHILDREN, NOW HEADED BY A WIDOWED PARENT AS A RESULT OF LOSING THEIR SPOUSE/PARTNER TO CANCER.
Program accomplishments
- HELPING FAMILIES, TORN BY A CANCER DEATH OF A PARENT, TO REBUILD THEIR LIVES BY HELPING CLEAR HURDLES NOW CAST UPON THEM.Expenses $6,280
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-3019965
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $69,555
- Income (IRS master file)
- $25,184
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $25,184 | $12,543 | $69,555 | XML |
| 990-EZ | December 2023 | $46,466 | $17,214 | $78,509 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 85-3019965).
Questions about CLEAR RIBBON FOUNDATION
- What is the EIN of CLEAR RIBBON FOUNDATION?
- The employer identification number (EIN) of CLEAR RIBBON FOUNDATION is 85-3019965.
- Is CLEAR RIBBON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CLEAR RIBBON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEAR RIBBON FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CLEAR RIBBON 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 CLEAR RIBBON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of CLEAR RIBBON FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does CLEAR RIBBON FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $25,184, expenses of $12,543 and total assets of $69,555 at year end.
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