Nonprofit · EIN 86-1686372
STUDIO AFOUNDATION
Tax-exempt · RANDALLSTOWN, MD 21133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $46,064 | $79,757 | -$33,693 | $15,096 | – | $15,096 |
| December 31, 2023 | 990-EZ | $73,936 | $92,644 | -$18,708 | $48,789 | – | $48,789 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $46,064
Expenses
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $3,745
- Other expenses
- $76,012
- Program services (functional)
- $33,625
Balance sheet and other
- Total assets, start of year
- $48,789
- Total assets, end of year
- $15,096
- Total liabilities, end of year
- –
- Net assets, end of year
- $15,096
- Cash, savings and investments
- $15,096
- Gross receipts
- $46,064
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 |
|---|---|---|---|
| ADRIENNE CARVER | President | 10 | $0 |
| STACEY CARVER | Chairman | 10 | $0 |
| INEZ WATSON | Director | 10 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIENNE CARVER | President | 10 | $0 |
| STACEY CARVER | Chairman | 10 | $0 |
| INEZ WATSON | Director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3442 BRENBROOK DR, RANDALLSTOWN, MD 21133-4907
- In care of
- % STACEY CARVER
- Signed the 990-EZ
- ADRIENNE CARVER, Chairman
- Phone
- (410) 952-9394
- Return prepared by
- KING KING & ASSOCIATES PA
Mission
To provide mentorship & scholarships to high school juniors & seniors and thier parents/ guardians.
Program accomplishments
- Provded assistance, advocacy, mentorship & scholarships to studentsExpenses $33,625
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
- 86-1686372
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $15,096
- Income (IRS master file)
- $46,064
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $46,064 | $79,757 | $15,096 | XML |
| 990-EZ | December 2023 | $73,936 | $92,644 | $48,789 | XML |
| 990 | December 2022 | $76,375 | $74,004 | $67,497 | IRS |
| 990 | 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 86-1686372).
Questions about STUDIO AFOUNDATION
- What is the EIN of STUDIO AFOUNDATION?
- The employer identification number (EIN) of STUDIO AFOUNDATION is 86-1686372.
- Is STUDIO AFOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to STUDIO AFOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STUDIO AFOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of STUDIO AFOUNDATION 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 STUDIO AFOUNDATION 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 STUDIO AFOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does STUDIO AFOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $46,064, expenses of $79,757 and total assets of $15,096 at year end.
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