Nonprofit · EIN 86-3988030
OMEGA BY THE SEA FOUNDATION
Tax-exempt · ATLANTIC CITY, NJ 08401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2023 | 990 | $67,980 | $34,749 | $33,231 | $33,231 | $0 | $33,231 |
| June 30, 2022 | 990-EZ | $0 | $0 | $0 | $0 | – | $0 |
Financial details: 990 for the year ended June 30, 2023
Revenue
- Contributions, gifts and grants
- $67,980
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $33,231
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,231
- Gross receipts
- $67,980
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2022
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 June 30, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY MASTERS | TREASURER | 10 | $0 |
990-EZ for the year ended June 30, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY MASTERS | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 626 BALTIC AVE, ATLANTIC CITY, NJ 08401-5306
- In care of
- % QWISHAN ISAAC
- Mailing address (990-N for 2023)
- 626 Baltic Ave, Atlantic City NJ 08401
- Principal officer (990 for 2022)
- BARRY MASTERS, 626 BALTIC AVE, Atlantic City, NJ 08401
- Principal officer (990-N for 2023)
- Qwishan Isaac, 626 Baltic Ave, Atlantic City NJ 08401
- Signed the 990
- BARRY MASTERS, TREASURER
- Phone
- (609) 402-5541
- Return prepared by
- Dianna Tax Professional
Mission
Omega by the Sea Foundation's mission is to help touch the lives of its residents through outreach ministries and uplifting the communities throughout the greater Atlantic City area.
Program accomplishments
- Donations from fundraiser for Galarevenue $43,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 86-3988030
- 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
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S12)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2023 Officer: Qwishan Isaac | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2023 | $67,980 | $34,749 | $33,231 | XML |
| 990-EZ | June 2022 | $0 | $0 | $0 | XML |
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 86-3988030).
Questions about OMEGA BY THE SEA FOUNDATION
- What is the EIN of OMEGA BY THE SEA FOUNDATION?
- The employer identification number (EIN) of OMEGA BY THE SEA FOUNDATION is 86-3988030.
- Is OMEGA BY THE SEA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to OMEGA BY THE SEA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OMEGA BY THE SEA FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OMEGA BY THE SEA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OMEGA BY THE SEA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2023 for the year ended June 30, 2024.
- Who is the principal officer of OMEGA BY THE SEA FOUNDATION?
- The 990 for the year ended June 30, 2023 names BARRY MASTERS.
- Who are the officers and directors of OMEGA BY THE SEA FOUNDATION?
- The 990 for the year ended June 30, 2023 lists 1 person; 0 received compensation from the organization.
- How much revenue does OMEGA BY THE SEA FOUNDATION have?
- On its 990 for the year ended June 30, 2023 it reported revenue of $67,980, expenses of $34,749 and total assets of $33,231 at year end.
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All nonprofits in ATLANTIC CITY · New Jersey · Community improvement and capacity building