Nonprofit · EIN 86-2480905
ESPERE FOUNDATION
Tax-exempt · SANFORD, NC 27330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,736 | $72,645 | -$55,909 | $140,200 | $0 | $140,200 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,225
- Interest
- $251
- Net gain from sales of assets
- $13,260
Expenses
- Grants and similar amounts paid
- $68,438
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $68,438
- Excise tax on investment income
- $174
Balance sheet and other
- Total assets, start of year
- $171,149
- Total assets, end of year
- $140,200
- Total liabilities, end of year
- $0
- Net assets, end of year
- $140,200
- Fair market value of assets
- $140,200
- Qualifying distributions
- $68,438
- Net investment income
- $16,736
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Marion Butler Pate III 1719 Phillips Dr, Sanford, NC 27330 | President & Director | 0 | $0 |
| Linda Ruth Pate 1719 Phillips Drive, Sanford, NC 27330 | Secretary-Treasurer | 0 | $0 |
| Theresa Leigh Jordan 8266 William Wallace Dr, Summerfield, NC 27358 | Vice President | 0 | $0 |
| Major Matthew T Pate 3440 San Jose Pl, Dulles, VA 20189 | Director | 0 | $0 |
| Tyler Ryan Jordan 8266 William Wallace Dr, Summerfield, NC 27358 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1719 PHILLIPS DR, SANFORD, NC 27330-8995
- In care of
- % MARION PATE
- Signed the 990-PF
- Dr Marion Butler Pate III, President & Director
- Phone
- (919) 271-1118
- Return prepared by
- LifeTime Tax Management LLC
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-2480905
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $140,200
- Income (IRS master file)
- $71,064
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$4,747 | $36,573 | $171,149 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ESPERE FOUNDATION
- What is the EIN of ESPERE FOUNDATION?
- The employer identification number (EIN) of ESPERE FOUNDATION is 86-2480905.
- Is ESPERE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ESPERE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ESPERE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ESPERE 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 ESPERE FOUNDATION 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 ESPERE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ESPERE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,736, expenses of $72,645 and total assets of $140,200 at year end.
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All nonprofits in SANFORD · North Carolina · Philanthropy, voluntarism and grantmaking foundations