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Nonprofit · EIN 85-4165027

FAST LANE FOUNDATION

Tax-exempt · BREMEN, OH 43107

Financials

$51K$45K2023
Revenue Expenses · by fiscal year end
Financials of FAST LANE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$50,602$44,678$5,924$27,579–$27,579
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$6,327
Net income from fundraising events
$44,275

Expenses

Grants and similar amounts paid
$39,512
Compensation of officers, directors and key employees
$0
Other expenses
$5,166
Program services (functional)
$17,406

Balance sheet and other

Total assets, start of year
$29,436
Total assets, end of year
$27,579
Total liabilities, end of year
–
Net assets, end of year
$27,579
Cash, savings and investments
$27,079
Gross receipts
$68,008

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Nathanael BailorTreasurer, Bd member2$0
Janet GrossBd member1$0
David GrossBd member1$0
Sage HouseholderBd member1$0
Alex FowlerPresident, Board member2$0
Nakia BailorSecretary, Bd member2$0
Kelsi BarreraBoard member1$0
John HuberVP, Board member2$0
Koleman KunklerBoard member1$0
Jason NewlonBoard member1$0

Address and contacts

Address (IRS master file)
425 N BROAD ST, BREMEN, OH 43107-9796
In care of
% NATHANAEL E BAILOR
Mailing address (990-N for 2020)
425 N Broad St, Bremen OH 43107
Principal officer (990-N for 2020)
Nate Bailor, 425 N Broad St, Bremen OH 43107
Signed the 990-EZ
NATHANAEL E BAILOR, TREASURER
Phone
(740) 215-9443

Mission

FUND RAISING FOR COMMUNITY INDIVIDUALS WITH MEDICAL CONDITIONS AND FOR DISENFRANCHISED CHILDREN

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Golf outing to benefit children of Fairfield and Perry Counties, unrelated to any board member or officer at Fast Lane Foundation
    Expenses $10,383 · grants $8,891
  • Gala to benefit disenfranchised children within the local community, identified by school teachers, none related to a board member or officer.
    Expenses $7,023 · grants $19,866
  • Raffle to benefit community person with cancer, unrelated to a board member or officer
    grants $10,755

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-EZ on file

IRS record

EIN
85-4165027
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 or 990-EZ
Assets (IRS master file)
$27,579
Income (IRS master file)
$68,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$50,602$44,678$27,579XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Nate Bailor
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 85-4165027).

Questions about FAST LANE FOUNDATION

What is the EIN of FAST LANE FOUNDATION?
The employer identification number (EIN) of FAST LANE FOUNDATION is 85-4165027.
Is FAST LANE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FAST LANE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAST LANE 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 FAST LANE 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 FAST LANE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of FAST LANE FOUNDATION?
The 990-N for 2020 names Nate Bailor.
Who are the officers and directors of FAST LANE FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 10 people; 0 received compensation from the organization.
How much revenue does FAST LANE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $50,602, expenses of $44,678 and total assets of $27,579 at year end.

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