Nonprofit · EIN 88-2952280
NEPM FOUNDATION INC
Tax-exempt · SOUTHAMPTON, NY 11968
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $119,863 | $63,647 | $56,216 | $493,159 | $5,510 | $487,649 |
| December 31, 2024 | 990 | $114,842 | $84,298 | $30,544 | $446,160 | $14,727 | $431,433 |
| December 31, 2023 | 990 | $268,961 | $66,409 | $202,552 | $401,701 | $812 | $400,889 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $123,938
- Program service revenue
- $0
- Investment income
- $17,380
- Net income from fundraising events
- -$21,455
- Other revenue
- -$21,455
Expenses
- Grants and similar amounts paid
- $55,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,510
- Program services (functional)
- $55,000
- Management and general (functional)
- $8,647
Balance sheet and other
- Total assets, start of year
- $446,160
- Total assets, end of year
- $493,159
- Total liabilities, end of year
- $5,510
- Net assets, end of year
- $487,649
- Net assets without donor restrictions
- $487,649
- Gross receipts
- $177,817
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2022
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY S PHLEGAR | TRUSTEE, PRESIDENT Trustee or director, Officer | 5 | $0 |
| MAXXWELL T HAMILTON | TRUSTEE, SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 |
| SYDNEY E PHLEGAR | TRUSTEE, VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JACQUELINE CARDEN | TRUSTEE Trustee or director | 2 | $0 |
| JULIA BOHAN | TRUSTEE Trustee or director | 2 | $0 |
| LUCILLE PROTAS | TRUSTEE Trustee or director | 3 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY S PHLEGAR | TRUSTEE; PRESIDENT Trustee or director, Officer | 5 | $0 |
| SYDNEY E PHLEGAR | TRUSTEE; VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MAXXWELL T HAMILTON | TRUSTEE; SECRETARY/TREASUR Trustee or director, Officer | 0.5 | $0 |
| JULIA BOHAN | TRUSTEE Trustee or director | 3 | $0 |
| LUCILLE PROTAS | TRUSTEE Trustee or director | 3 | $0 |
| JACQUELINE CARDEN | TRUSTEE (AS OF 06/09/24) Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY S PHLEGAR | TRUSTEE; PRESIDENT Trustee or director, Officer | 5 | $0 |
| SYDNEY E PHLEGAR | TRUSTEE; VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MAXXWELL T HAMILTON | TRUSTEE; SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 |
| JULIA BOHAN | TRUSTEE Trustee or director | 5 | $0 |
| LUCILLE PROTAS | TRUSTEE Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 29 MILLFARM LN, SOUTHAMPTON, NY 11968-2917
- In care of
- % JEFFREY S PHLEGAR
- Principal officer (990 for 2025)
- Jeffrey S Phlegar, 29 Millfarm Ln, Southampton, NY 11968
- Signed the 990
- Jeffrey S Phlegar, President
- Phone
- (917) 974-4255
- Website
- NEPMFOUNDATION.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
THE MISSION OF NEPM FOUNDATION IS TO support RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES EITHER DIRECTLY OR INDIRECTLY THROUGH GRANTS AND CONTRIBUTIONS. THE ORGANIZATION WILL HELP SUPPORT TO FAMILIES OF THOSE INFLICTED WITH BRAIN CANCER.
Program accomplishments
- RESEARCH AND DISCUSSIONS HAVE BEEN UNDERWAY SINCE INCORPORATION IN SUPPORT OF THE MISSION. IN THE FUTURE, THE ORGANIZATION INTENDS TO (1) ADD AN INDEPENDENT MEDICAL ADVISORY GROUP OF EXPERTS IN BRAIN CANCER ACROSS MULTIPLE DISCIPLINES; (2) SUPPORT RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES; AND (3) PROVIDE FINANCIAL SUPPORT TO FAMILIES OF THOSE WITH BRAIN CANCER. SIGNIFICANT PROGRESS HAS BEEN MADE THERE WAS ONE FUNDRAISING EVENT IN 2025. REVENUE GENERATED FROM ALL IN THESE AREAS. DURING 2023 THE ORGANIZATION ENTERED INTO A PARTNER AGREEMENT WITH FAMILY REACH FOUNDATION AND MADE A GRANT OF $55,000. A GRANT OF $57,000 WAS MADE IN 2024. A GRANT OF $50,000 WAS MADE IN 2025. WITH RESPECT TO SUPPORTING RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES, ANALYSIS CONTINUED IN calendar year 2025 to source projects with transformative treatments and the Trustees expect to provide a grant to results-oriented investigators with the potential to create transformative treatments. The trustees have delayed adding an independent medical advisory group for the time being.Expenses $55,000 · grants $55,000
- There was one fundraising event in 2025. Revenue generated from all fundraising activities provided the financial ability to support program services mentioned in statement one.
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
- 88-2952280
- 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)
- Medical research (H30)
- Assets (IRS master file)
- $493,159
- Income (IRS master file)
- $177,817
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $119,863 | $63,647 | $493,159 | XML |
| 990 | December 2024 | $114,842 | $84,298 | $446,160 | XML |
| 990 | December 2023 | $268,961 | $66,409 | $401,701 | XML |
| 990 | December 2022 | $208,430 | $10,093 | $198,337 | 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 88-2952280).
Questions about NEPM FOUNDATION INC
- What is the EIN of NEPM FOUNDATION INC?
- The employer identification number (EIN) of NEPM FOUNDATION INC is 88-2952280.
- Is NEPM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NEPM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEPM 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 NEPM FOUNDATION 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 NEPM FOUNDATION INC 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 NEPM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Jeffrey S Phlegar.
- Who are the officers and directors of NEPM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does NEPM FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $119,863, expenses of $63,647 and total assets of $493,159 at year end.
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