Nonprofit · EIN 87-0931546
NIGEL SYLVESTER FOUNDATION
Tax-exempt · ALBANY, NY 12207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $59,534 | $27,557 | $31,977 | $44,510 | – | $44,510 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $69,955
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- -$10,421
Expenses
- Grants and similar amounts paid
- $9,500
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,325
- Occupancy
- $573
- Printing, publications and postage
- $1,489
- Other expenses
- $10,670
- Program services (functional)
- $19,671
Balance sheet and other
- Total assets, start of year
- $12,533
- Total assets, end of year
- $44,510
- Total liabilities, end of year
- –
- Net assets, end of year
- $44,510
- Cash, savings and investments
- $44,510
- Gross receipts
- $69,955
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NIGEL SYLVESTER | CHAIRMAN | 10 | $0 |
| TASIA MCLEOD | VICE CHAIRMAN | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 418 BROADWAY, ALBANY, NY 12207-2922
- Mailing address (990-N for 2024)
- 401 RYLAND ST, RENO NV 89502
- Principal officer (990-N for 2024)
- NIGEL SYLVESTER, 401 Ryland St SUITE 200A, Reno NV 89502
- Signed the 990-EZ
- NIGEL SYLVESTER, CHAIRMAN
- Phone
- (646) 543-2139
- Return prepared by
- Kotulak & Company PC
Mission
THE NIGEL SYLVESTER FOUINDATIONS MISSION IS TRANSFORMING THE LIVES OF UNDERSERVED YOUTHS, UNITING DIVERSE COMMUNITIES AND OTHER CHARITABLE CAUSES.
Program accomplishments
- THE MONEY MINDSET PROGRAM TAUGHT BUDGETING AND SAVINGS, CREDITAND DEBT MANAGEMENT, BANKING FUNDAMENTALS, FINANCIAL SAFETY, SCAMS, ANDIDENTITY THEFT PREVENTION.Expenses $7,650
- SWITCHING GEARS PROVIDED BIKE-BASED YOUTH WELLNESS PROGRAMMING DESIGNEDTO SUPPORT MENTAL WELL-BEING, CONFIDENCE, PHYSICAL ACTIVITY, MENTORSHIP,AND COMMUNITY CONNECTION.Expenses $9,176
- THE ORGANIZATION CELEBRATED NATIONAL BIKE MONTH THROUGH COMMUNITY-BASEDYOUTH EMPOWERMENT AND WELLNESS ACTIVITIES FOCUSED ON MENTALHEALTH AWARENESS, CYCLING, AND GIVING BACK.Expenses $2,845
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | No data |
IRS record
- EIN
- 87-0931546
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O99)
- Assets (IRS master file)
- $44,510
- Income (IRS master file)
- $69,955
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | – | – | – | IRS |
| 990-N for 2024 Officer: NIGEL SYLVESTER | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
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 NIGEL SYLVESTER FOUNDATION
- What is the EIN of NIGEL SYLVESTER FOUNDATION?
- The employer identification number (EIN) of NIGEL SYLVESTER FOUNDATION is 87-0931546.
- Is NIGEL SYLVESTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to NIGEL SYLVESTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NIGEL SYLVESTER FOUNDATION 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 NIGEL SYLVESTER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NIGEL SYLVESTER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of NIGEL SYLVESTER FOUNDATION?
- The 990-N for 2024 names NIGEL SYLVESTER.
- Who are the officers and directors of NIGEL SYLVESTER FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does NIGEL SYLVESTER FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $59,534, expenses of $27,557 and total assets of $44,510 at year end.
Other nonprofits in ALBANY
- BOYS & GIRLS CLUBS OF THE CAPITAL AREA INC EIN 14-1338574 · last filed 990 for 2025
- GIRL SCOUTS OF NORTHEASTERN NEW YORK INC EIN 14-1438466 · last filed 990 for 2025
- HEALTHY CAPITAL DISTRICT INITIATIVE EIN 10-0000023 · last filed 990 for 2025
- BOY SCOUTS OF AMERICA EIN 14-1340028 · last filed 990 for 2024
- ALBANY POLICE ATHLETIC LEAGUE INC PUBLIC SAFETY BLDG EIN 14-1708276 · last filed 990 for 2025
- 4TH FAMILY INC EIN 45-3211432 · last filed 990 for 2024
- SCHOLASTIC TALENT SHOWCASE INC EIN 84-3910903 · last filed 990 for 2025
- SCHENECTADY YOUTH BOXING & FITNESS INC EIN 14-1966867 · last filed 990 for 2024