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Nonprofit · EIN 87-3896134

LEMMON FOUNDATION INC

Tax-exempt · CANTON, OH 44702

Financials

$258K$891K2024
Revenue Expenses · by fiscal year end
Financials of LEMMON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$258,377$891,384-$633,007$5,099,067$0$5,099,067
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$258,377
Net gain from sales of assets
$168,049
Other revenue
$0

Expenses

Grants and similar amounts paid
$815,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,200
Program services (functional)
$815,500
Management and general (functional)
$75,884

Balance sheet and other

Total assets, start of year
$5,442,709
Total assets, end of year
$5,099,067
Total liabilities, end of year
$0
Net assets, end of year
$5,099,067
Net assets without donor restrictions
$5,099,067
Gross receipts
$650,413
Employees
0
Volunteers
5
Year formed
2021
State of legal domicile
OH

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM J LEMMONPRESIDENT
Trustee or director, Officer
1$0
LEO E DOYLEVICE PRESIDENT
Trustee or director, Officer
1$0
THOMAS W WINKHARTSECRETARY/TREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
400 MARKET AVE N STE 200, CANTON, OH 44702-1557
Principal officer (990 for 2024)
WILLIAM J LEMMON, 400 MARKET AVE N 200, CANTON, OH 447021557
Signed the 990
WILLIAM J LEMMON, PRESIDENT
Phone
(330) 454-3426
Return prepared by
MALONEY NOVOTNY LLC

Mission

THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.
    Expenses $815,500 · grants $815,500

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3896134
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,099,067
Income (IRS master file)
$650,413

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,630,106$564,746$5,442,709IRS
990December 2022$4,004,031$18,664$4,006,833IRS
990-EZDecember 2021–––IRS

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 LEMMON FOUNDATION INC

What is the EIN of LEMMON FOUNDATION INC?
The employer identification number (EIN) of LEMMON FOUNDATION INC is 87-3896134.
Is LEMMON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LEMMON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LEMMON FOUNDATION INC 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 LEMMON 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 LEMMON FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LEMMON FOUNDATION INC?
The 990 for the year ended December 31, 2024 names WILLIAM J LEMMON.
Who are the officers and directors of LEMMON FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LEMMON FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $258,377, expenses of $891,384 and total assets of $5,099,067 at year end.

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