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Nonprofit · EIN 85-4205412

NEW VILLAGE FOUNDATION INC

Tax-exempt · PARK RAPIDS, MN 56470

Financials

$1.5M$437K2023
Revenue Expenses · by fiscal year end
Financials of NEW VILLAGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1,468,155$436,536$1,031,619$1,031,619$0$1,031,619
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$1,468,155
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$428,982
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$7,434
Program services (functional)
$428,982
Management and general (functional)
$120
Fundraising (functional)
$7,434

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,031,619
Total liabilities, end of year
$0
Net assets, end of year
$1,031,619
Gross receipts
$1,468,155
Employees
0
Volunteers
3
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 December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
LINDA BEEMANOFFICER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
27883 COUNTY 7, PARK RAPIDS, MN 56470-5207
In care of
% NVF NVI
Mailing address (990-N for 2022)
27883 COUNTY 7, PARK RAPIDS MN 56470
Principal officer (990 for 2023)
LINDA BEEMAN, 27883 COUNTY 7, PARK RAPDIS, MN 56470
Principal officer (990-N for 2022)
LINDA BEEMAN, 27883 COUNTY 7, PARK RAPIDS MN 56470
Signed the 990
LINDA BEEMAN, OFFICER
Phone
(321) 276-4048
Return prepared by
BARO BAGWELL & COMPANY CPAS PA

Mission

TRANSFORMING COMMUNITIES AND THE WORLD BY EMPOWERING POSITIVE CHANGE IN THE LIVES OF INDIVIDUALS THROUGH LIFE SKILLS, EDUCATION, TRANSPORTATION, AND HOUSING. IN PARTNERSHIP WITH NVI TRADE SCHOOLS, THE NEW VILLAGE FOUNDATION IDENTIFIES INDIVIDUALS WHO WOULD BENEFIT FROM A SCHOLARSHIP TO ATTEND THESE SCHOOLS. THIS OPPORTUNITY CAN PROVIDE AND HELP TO DEVELOP A SKILL SET TO SECURE A HIGHER PAYING SALARY IN AN UNDEREMPLOYED INDUSTRY.

990 for the year ended December 31, 2023

Program accomplishments

  • NVF RECEIVED THESE FUNDS AS DONATIONS, WITH THE INTENT OF HELPING STUDENTS - SPECIFICALLY THE UNDERSERVED WHO COULD NOT AFFORD A TRADE SCHOOL EDUCATION, THE MONEY WAS DONATED TO NEW VILLAGE INSTITUTE BLAIRSVILLE FOR STUDENT TUITION AND THE SCHOOL OPERATING COSTS TO COVER THE 6 MONTH PROGRAM.
    Expenses $428,982 · grants $428,982

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 on file

IRS record

EIN
85-4205412
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$1,031,619
Income (IRS master file)
$1,468,155

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$1,468,155$436,536$1,031,619XML
990-N for 2022
Officer: LINDA BEEMAN
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Linda Beeman
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Demarick Patton
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 85-4205412).

Questions about NEW VILLAGE FOUNDATION INC

What is the EIN of NEW VILLAGE FOUNDATION INC?
The employer identification number (EIN) of NEW VILLAGE FOUNDATION INC is 85-4205412.
Is NEW VILLAGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to NEW VILLAGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW VILLAGE 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 NEW VILLAGE FOUNDATION 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 NEW VILLAGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of NEW VILLAGE FOUNDATION INC?
The 990 for the year ended December 31, 2023 names LINDA BEEMAN.
Who are the officers and directors of NEW VILLAGE FOUNDATION INC?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does NEW VILLAGE FOUNDATION INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1,468,155, expenses of $436,536 and total assets of $1,031,619 at year end.

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