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Nonprofit · EIN 87-3295231

50 FREE BOOKS INC

Tax-exempt · LOS ANGELES, CA 90039

Financials

$12K$12K2023$22K$22K2024$17K$17K2025
Revenue Expenses · by fiscal year end
Financials of 50 FREE BOOKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$17,397$17,397$0$0–$0
December 31, 2024990-EZ$21,990$21,990$0$0–$0
December 31, 2023990-EZ$12,189$12,189$0$0–$0
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$17,397

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,800
Other expenses
$15,597
Program services (functional)
$17,397

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
–
Net assets, end of year
$0
Gross receipts
$17,397

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.

NameTitleHours / weekCompensation
TERESA CANFIELDCEO0$0
STEPHEN CANFIELDSecretary0$0
STEPHEN CANFIELDCFO0$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
TERESA CANFIELDCEO0$0
STEPHEN CANFIELDSecretary0$0
STEPHEN CANFIELDCFO0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
TERESA CANFIELDCEO0$0
STEPHEN CANFIELDSecretary0$0
STEPHEN CANFIELDCFO0$0

Address and contacts

Address (IRS master file)
3317 GARDEN AVE, LOS ANGELES, CA 90039-2130
Signed the 990-EZ
TERESA CANFIELD, CEO
Return prepared by
JTCPA PC

California records

California keeps its own records of charities and corporations. Search them by EIN 87-3295231 or by the name 50 FREE BOOKS INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

WE AIM TO GIVE AWAY FREE BOOKS WRITTEN BY AUTHORS WHO HAVE BEEN TRADITIONALLY MARGINALIZED IN AMERICA. WE PURCHASE ALL OUR BOOKS FROM INDEPENDENT BOOKSTORES.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • DONATION OF LITERARY WORKS
    Expenses $17,397

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 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-3295231
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
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1
Income (IRS master file)
$17,397

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$17,397$17,397$0XML
990-EZDecember 2024$21,990$21,990$0XML
990-EZDecember 2023$12,189$12,189$0XML
990-EZDecember 2022–––IRS
990-EZDecember 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 87-3295231).

Questions about 50 FREE BOOKS INC

What is the EIN of 50 FREE BOOKS INC?
The employer identification number (EIN) of 50 FREE BOOKS INC is 87-3295231.
Is 50 FREE BOOKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to 50 FREE BOOKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 50 FREE BOOKS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of 50 FREE BOOKS INC 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 50 FREE BOOKS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of 50 FREE BOOKS INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does 50 FREE BOOKS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $17,397, expenses of $17,397 and total assets of $0 at year end.

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