Nonprofit · EIN 88-1168893
PAID IN FULL FOUNDATION
Tax-exempt · LAS VEGAS, NV 89118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,885,305 | $5,083,668 | -$198,363 | $2,338,307 | $0 | $2,338,307 |
| December 31, 2024 | 990 | $3,311,019 | $4,420,758 | -$1,109,739 | $2,536,670 | $0 | $2,536,670 |
| December 31, 2023 | 990 | $1,151,134 | $2,142,056 | -$990,922 | $3,703,974 | $57,565 | $3,646,409 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,438,680
- Program service revenue
- $446,625
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,000
- Salaries, compensation and benefits (total)
- $3,000
- Professional fundraising fees
- $0
- Legal fees
- $115,646
- Accounting fees
- $191,267
- Program services (functional)
- $4,728,928
- Management and general (functional)
- $348,886
- Fundraising (functional)
- $5,854
Balance sheet and other
- Total assets, start of year
- $2,536,670
- Total assets, end of year
- $2,338,307
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,338,307
- Gross receipts
- $4,885,305
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2022
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUINCY JONES III | DIRECTOR Trustee or director | 1 | $3,000 |
| FELICIA HOROWITZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BENJAMIN HOROWITZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN STOUTE | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE EBANKS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUINCY JONES III | DIRECTOR Trustee or director | 1 | $17,040 |
| FELICIA HOROWTIZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BENJAMIN HOROWITZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN STOUTE | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE EBANKS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELICIA HOROWTIZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BENJAMIN HOROWITZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN STOUTE | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE EBANKS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5940 S RAINBOW BLVD PMB 21746 400, LAS VEGAS, NV 89118-2540
- In care of
- % MEREDITH BUSHNELL
- Principal officer (990 for 2025)
- FELICIA HOROWITZ, 5940 S RAINBOW BLVD PMB 21746 400, LAS VEGAS, NV 89118
- Signed the 990
- FELICIA HOROWITZ, PRESIDENT
- Phone
- (650) 845-8100
- Website
- PAIDINFULLFOUNDATION.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE PAID IN FULL FOUNDATION HELPS EXPAND PUBLIC AWARENESS IN SUPPORT OF HIP HOP MUSIC AND PROVIDES ASSISTANCE TO HIP HOP ARTISTS.
Program accomplishments
- HIP HOP AWARDS - TO EXPAND PUBLIC AWARENESS AND PROVIDE EDUCATIONAL OPPORTUNITIES IN SUPPORT OF HIP HOP MUSIC AND MUSIC EDUCATION, ENCOURAGE ACTIVE PARTICIPATION IN HIP HOP MUSIC MAKING THROUGH PHILANTHROPIC GIVING AND PUBLIC SERVICE PROGRAMS AND HELPS TO PROVIDE DISASTER RELIEF ASSISTANCE TO HIP HOP ARTISTS AND THE FAMILIES OF HIP HOP ARTISTS THAT HAVE MADE PROFOUND CONTRIBUTIONS TO THE HIP HOP MUSIC COMMUNITY.Expenses $4,728,928 · revenue $446,625
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-1168893
- 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)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $2,338,307
- Income (IRS master file)
- $4,885,305
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,885,305 | $5,083,668 | $2,338,307 | XML |
| 990 | December 2024 | $3,311,019 | $4,420,758 | $2,536,670 | XML |
| 990 | December 2023 | $1,151,134 | $2,142,056 | $3,703,974 | XML |
| 990 | December 2022 | $4,715,281 | $77,950 | $4,637,331 | 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 88-1168893).
Questions about PAID IN FULL FOUNDATION
- What is the EIN of PAID IN FULL FOUNDATION?
- The employer identification number (EIN) of PAID IN FULL FOUNDATION is 88-1168893.
- Is PAID IN FULL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PAID IN FULL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PAID IN FULL FOUNDATION 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 PAID IN FULL FOUNDATION 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 PAID IN FULL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PAID IN FULL FOUNDATION?
- The 990 for the year ended December 31, 2025 names FELICIA HOROWITZ.
- Who are the officers and directors of PAID IN FULL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $3,000 (QUINCY JONES III, DIRECTOR).
- How much revenue does PAID IN FULL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,885,305, expenses of $5,083,668 and total assets of $2,338,307 at year end.
Other nonprofits in LAS VEGAS
- THE SMITH CENTER FOR THE PERFORMING ARTS EIN 88-0361875 · last filed 990 for 2025
- NEON MUSEUM EIN 88-0383932 · last filed 990 for 2025
- NEVADA BALLET THEATRE EIN 94-2427112 · last filed 990 for 2025
- DISCOVERY CHILDRENS MUSEUM EIN 94-2943891 · last filed 990 for 2025
- NEVADA PUBLIC RADIO EIN 23-7441306 · last filed 990 for 2025
- LAS VEGAS PHILHARMONIC EIN 88-0398092 · last filed 990 for 2025
- NEVADA TEST SITE HISTORICAL FOUNDATION EIN 88-0392763 · last filed 990 for 2025
- LAS VEGAS PINBALL COLLECTORS CLUB EIN 26-0060884 · last filed 990 for 2024
All nonprofits in LAS VEGAS · Nevada · Arts, culture and humanities