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Nonprofit · EIN 86-2477565

CBF FOUNDATION INC

Tax-exempt · ISLE OF PALMS, SC 29451

Financials

$149K$73K2023$133K$126K2024
Revenue Expenses · by fiscal year end
Financials of CBF FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$133,000$126,200$6,800$1,017,752$0$1,017,752
December 31, 2023990-PF$149,000$73,357$75,643$1,010,952$0$1,010,952
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$133,000

Expenses

Grants and similar amounts paid
$88,357
Disbursements for charitable purposes
$114,365

Balance sheet and other

Total assets, start of year
$1,010,952
Total assets, end of year
$1,017,752
Total liabilities, end of year
$0
Net assets, end of year
$1,017,752
Fair market value of assets
$1,017,752
Qualifying distributions
$114,365

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CATHERINE FLEMING
PO BOX 469, ISLE OF PALMS, SC 29451
DIRECTOR/CEO0$0
ELLIS IZLAR
6 HUNTINGWOOD RETREAT, SAVANNAH, GA 31411
DIRECTOR/SEC0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CATHERINE FLEMING
PO BOX 469, ISLE OF PALMS, SC 29451
DIRECTOR/CEO0$0
ELLIS IZLAR
6 HUNTINGWOOD RETREAT, SAVANNAH, GA 31411
DIRECTOR/SEC0$0
CHARLES IZLAR
6 HUNTINGWOOD RETREAT, SAVANNAH, GA 31411
DIRECTOR/TRE0$0

Address and contacts

Address (IRS master file)
PO BOX 469, ISLE OF PALMS, SC 29451-0469
In care of
% CATHERINE B FLEMING
Signed the 990-PF
CATHERINE FLEMING, DIRECTOR/CEO
Phone
(704) 819-0717
Return prepared by
DRAFFIN & TUCKER LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
86-2477565
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,017,752
Income (IRS master file)
$133,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$133,000$126,200$1,017,752IRS
990-PFDecember 2023$149,000$73,357$1,010,952XML
990-PFDecember 2022–––IRS
990-PFDecember 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 86-2477565).

Questions about CBF FOUNDATION INC

What is the EIN of CBF FOUNDATION INC?
The employer identification number (EIN) of CBF FOUNDATION INC is 86-2477565.
Is CBF FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to CBF FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does CBF FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CBF 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 CBF FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CBF FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does CBF FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $133,000, expenses of $126,200 and total assets of $1,017,752 at year end.

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