Nonprofit · EIN 87-2055784
MONET RICHARDSON COMMUNITY FOUNDATION
Tax-exempt · BURLINGTON, NC 27216
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-EZ | $34,757 | $50,954 | -$16,197 | $9,125 | $0 | $9,125 |
| June 30, 2025 | 990-EZ | $58,959 | $58,959 | $0 | $41,376 | $0 | $41,376 |
| June 30, 2024 | 990-EZ | $41,577 | $37,097 | $4,480 | $41,376 | $0 | $41,376 |
| June 30, 2022 | 990-EZ | $31,716 | $12,636 | $19,080 | $19,080 | $0 | $19,080 |
Financial details: 990-EZ for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $34,757
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $50,954
Balance sheet and other
- Total assets, start of year
- $25,322
- Total assets, end of year
- $9,125
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,125
- Cash, savings and investments
- $9,125
- Gross receipts
- $34,757
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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Richardson | Executive Director | 20 | $0 |
| Charles Watson | Chairman | 20 | $0 |
| Patrick Lyons | Treasurer | 20 | $0 |
990-EZ for the year ended June 30, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Richardson | Executive Director | 10 | $0 |
| Charles Watson | Chairman | 10 | $0 |
| Patrick Lyons | Treasurer | 10 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Richardson | Executive Director | 20 | $0 |
| Charles Watson | Chairman | 20 | $0 |
| Patrick Lyons | Treasurer | 20 | $0 |
990-EZ for the year ended June 30, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Richardson | Executive Director | 40 | $0 |
| Charles Watson | Board Chair | 20 | $0 |
| Melchee Johnson | Secretary | 10 | $0 |
| Patrick Lyons | Treasurer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2513, BURLINGTON, NC 27216-2513
- Signed the 990-EZ
- Patrick Lyons, Treasurer
- Phone
- (919) 357-8149
Mission
Our mission is to enhance the educational experiences of students and teachers by connecting community resources through collaboration, recognition, and innovative partnerships.
Program accomplishments
- We were able to donate over 100 backpacks to elementary school children in Orange County North Carolina
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 | 990-EZ on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2055784
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $9,125
- Income (IRS master file)
- $34,757
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2026 | $34,757 | $50,954 | $9,125 | XML |
| 990-EZ | June 2025 | $58,959 | $58,959 | $41,376 | XML |
| 990-EZ | June 2024 | $41,577 | $37,097 | $41,376 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | $31,716 | $12,636 | $19,080 | 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 87-2055784).
Questions about MONET RICHARDSON COMMUNITY FOUNDATION
- What is the EIN of MONET RICHARDSON COMMUNITY FOUNDATION?
- The employer identification number (EIN) of MONET RICHARDSON COMMUNITY FOUNDATION is 87-2055784.
- Is MONET RICHARDSON COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MONET RICHARDSON COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONET RICHARDSON COMMUNITY FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MONET RICHARDSON COMMUNITY FOUNDATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONET RICHARDSON COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2026.
- Who are the officers and directors of MONET RICHARDSON COMMUNITY FOUNDATION?
- The 990-EZ for the year ended June 30, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does MONET RICHARDSON COMMUNITY FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2026 it reported revenue of $34,757, expenses of $50,954 and total assets of $9,125 at year end.
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All nonprofits in BURLINGTON · North Carolina · Philanthropy, voluntarism and grantmaking foundations