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Nonprofit · EIN 87-4022604

VIRGINIA MAITLAND SACHS FOUNDATION INC

Tax-exempt · NEW YORK, NY 10150

Financials

$51K$74K2023$216K$193K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA MAITLAND SACHS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$215,617$192,860$22,757$28,150$833$27,317
December 31, 2023990-EZ$51,349$74,091-$22,742$4,560$0$4,560
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$215,617
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$50
Accounting fees
$3,600
Travel
$672
Program services (functional)
$25,094
Management and general (functional)
$95,143
Fundraising (functional)
$72,623

Balance sheet and other

Total assets, start of year
$4,560
Total assets, end of year
$28,150
Total liabilities, end of year
$833
Net assets, end of year
$27,317
Net assets without donor restrictions
$27,317
Gross receipts
$215,617
Employees
0
Volunteers
4
Year formed
2021
State of legal domicile
NY

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
CLAY MAITLANDPRESIDENT
Trustee or director, Officer
8$0
SOPHIA BROWNVP/TREASURER
Trustee or director, Officer
8$0
THOMAS SULLIVANSECRETARY
Trustee or director, Officer
1$0
HONORABLE JOHN INGRAMBOARD DIRECTOR
Trustee or director
0.5$0
SHAILA TYLEROPERATIONS MANAGER
Officer
30$0
ALEX GANGEIOPERATIONS MANAGER
Officer
35$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SHAILA TYLEROPERATIONS & CREATIVE DEV.28$28,846
LIZ NEITGE THRU 1223OPERATIONS & CREATIVE DEV.25$21,911
CLAY MAITLANDPRESIDENT0.25$0
SOPHIA BROWNVP/TREASURER0.25$0
THOMAS SULLIVANSECRETARY0.25$0

Address and contacts

Address (IRS master file)
PO BOX 884, NEW YORK, NY 10150-0884
Mailing address (990-N for 2021)
PO BOX 884, NEW YORK NY 10150
Principal officer (990 for 2024)
CLAY MAITLAND, PO BOX 884, NEW YORK, NY 10150
Principal officer (990-N for 2021)
CLAY MAITLAND, PO BOX 884, NEW YORK NY 10150
Signed the 990
CLAY MAITLAND, PRESIDENT
Phone
(332) 244-2930
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL AND MATERIAL SUPPORT TO INDIVIDUALS AND THEIR FAMILIES WHO SEEK STUDY OR EMPLOYMENT IN THE MARITIME TRADES AND COME FROM DISADVANTAGED BACKGROUNDS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL AND MATERIAL SUPPORT TO INDIVIDUALS AND THEIR FAMILIES WHO SEEK STUDY OR EMPLOYMENT IN THE MARITIME TRADES AND COME FROM DISADVANTAGED BACKGROUNDS.
    Expenses $25,094

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-EZ on file

IRS record

EIN
87-4022604
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
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$28,150
Income (IRS master file)
$215,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$215,617$192,860$28,150XML
990-EZDecember 2023$51,349$74,091$4,560XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: CLAY MAITLAND
December 31, 2021≤ $50,000 receipts––e-Postcard

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 87-4022604).

Questions about VIRGINIA MAITLAND SACHS FOUNDATION INC

What is the EIN of VIRGINIA MAITLAND SACHS FOUNDATION INC?
The employer identification number (EIN) of VIRGINIA MAITLAND SACHS FOUNDATION INC is 87-4022604.
Is VIRGINIA MAITLAND SACHS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to VIRGINIA MAITLAND SACHS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA MAITLAND SACHS 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 VIRGINIA MAITLAND SACHS 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 VIRGINIA MAITLAND SACHS 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 VIRGINIA MAITLAND SACHS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CLAY MAITLAND.
Who are the officers and directors of VIRGINIA MAITLAND SACHS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does VIRGINIA MAITLAND SACHS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $215,617, expenses of $192,860 and total assets of $28,150 at year end.

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