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Nonprofit · EIN 88-3740171

OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC

Tax-exempt · BROOKLYN, NY 11215

Financials

$5K$6292023$19K$16K2024
Revenue Expenses · by fiscal year end
Financials of OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$18,685$15,813$2,872$9,781–$9,781
December 31, 2023990-EZ$5,038$629$4,409$6,909–$6,909
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$18,685

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$14,419
Other expenses
$1,394

Balance sheet and other

Total assets, start of year
$6,909
Total assets, end of year
$9,781
Total liabilities, end of year
–
Net assets, end of year
$9,781
Cash, savings and investments
$9,781
Gross receipts
$18,685

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Wayne AdamsPresident2$0
Steve LappertVP & Secretary2$0
Jenn Miller CribbsTreasurer2$0
Carol ClarkBoard Member1$0
Kent AdamsBoard Member1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Wayne AdamsPresident2$0
Steve LappertVP & Secretary2$0
Jenn Miller CribbsTreasurer2$0
Carol ClarkBoard Member1$0
Kent AdamsBoard Member1$0

Address and contacts

Address (IRS master file)
729 CARROLL ST, BROOKLYN, NY 11215-2101
In care of
% WAYNE ADAMS
Mailing address (990-N for 2022)
729 CARROLL STREET, BROOKLYN NY 11215
Principal officer (990-N for 2022)
Wayne Adams, 729 CARROLL STREET, BROOKLYN NY 11215
Signed the 990-EZ
Wayne Adams, President
Phone
(718) 638-8300
Return prepared by
Morse & Company CPAs LLP

Mission

The Old First Preservation and Community Foundation Inc. provides management, maintenance, restoration and preservation of the Old First Church building located at 729 Carroll Street, Brooklyn, NY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Old First Church, constructed between 1889-1891, is a historically and architecturally significant structure which has been entered in the National Register of Historic Places. It is frequently made available for public viewing and is a focal point of the local community, providing space for a variety of community and arts based organizations. In addition, the Foundation supports local not-for-profit community organizations, among which are performing arts and educational organizations, and assists the Church's nonsectarian activities in support of the community, including the Church's work to provide shelter for the homeless and food relief. The Foundations activities are not religious.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-3740171
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
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$9,781
Income (IRS master file)
$18,685

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$18,685$15,813$9,781IRS
990-EZDecember 2023$5,038$629$6,909XML
990-N for 2022
Officer: Wayne Adams
December 31, 2022≤ $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 88-3740171).

Questions about OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC

What is the EIN of OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC is 88-3740171.
Is OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OLD FIRST PRESERVATION AND COMMUNITY 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 OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC?
The 990-N for 2022 names Wayne Adams.
Who are the officers and directors of OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does OLD FIRST PRESERVATION AND COMMUNITY FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $18,685, expenses of $15,813 and total assets of $9,781 at year end.

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