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Nonprofit · EIN 87-3367361

PECO FOUNDATION INC

Tax-exempt · FREDERICK, MD 21702

Financials

$0$02022$5K$35K2023
Revenue Expenses · by fiscal year end
Financials of PECO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-PF (amended)$5,302$34,900-$29,598$20,402$0$20,402
December 31, 2022990-PF (amended)$0$0$0$0$0$0
Financial details: 990-PF for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$5,302

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$15,250

Balance sheet and other

Total assets, start of year
$50,000
Total assets, end of year
$20,402
Total liabilities, end of year
$0
Net assets, end of year
$20,402

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Peter Ekhator
1113 Sexton Drive, Frederick, MD 21702
President0$0
990-PF for the year ended December 31, 2022: 1 people
NameTitleHours / weekCompensation
Peter Ekhator
1000 Hoxton Road, Forney, TX 75126
President0$0

Address and contacts

Address (IRS master file)
1113 SAXTON DR, FREDERICK, MD 21702-6847
Signed the 990-PF
Peter Ekhator, President
Return prepared by
Potomac Advisory Group

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-3367361
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
Assets (IRS master file)
$1
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2023$5,302$34,900$20,402XML
990-PFDecember 2022$0$0$0XML

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 87-3367361).

Questions about PECO FOUNDATION INC

What is the EIN of PECO FOUNDATION INC?
The employer identification number (EIN) of PECO FOUNDATION INC is 87-3367361.
Is PECO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PECO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PECO FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PECO FOUNDATION INC 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 PECO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2023.
Who are the officers and directors of PECO FOUNDATION INC?
The 990-PF for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does PECO FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2023 it reported revenue of $5,302, expenses of $34,900 and total assets of $20,402 at year end.

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