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Nonprofit · EIN 92-3235652

NUTM FOUNDATION

Tax-exempt · NEW YORK, NY 10017

Financials

$127K$123K2024
Revenue Expenses · by fiscal year end
Financials of NUTM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$126,859$123,175$3,684$3,684$0$3,684
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$126,859
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$100,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$770
Program services (functional)
$123,175

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$3,684
Total liabilities, end of year
$0
Net assets, end of year
$3,684
Gross receipts
$126,859
Employees
0
Volunteers
0
Year formed
2023
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
THOMAS BARRYDIRECTOR & PRESIDENT
Trustee or director, Officer
1$0
CAROL DONOHUESEC-TREASURER & DIRECTOR
Trustee or director, Officer
1$0
OKECHUKWU ENELAMAHDIRECTOR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
12 EAST 49TH STREET 41ST FLOOR, NEW YORK, NY 10017-8298
In care of
% THOMAS BARRY
Mailing address (990-N for 2023)
12 EAST 49TH STREET 41ST FLOOR, NEW YORK NY 100178298
Principal officer (990 for 2024)
THOMAS BARRY, 12 EAST 49TH STREET 41ST FLOOR, NEW YORK, NY 10017
Principal officer (990-N for 2023)
ZEPHYR MANAGEMENT, 12 EAST 49TH STREET 41ST FLOOR, NEW YORK NY 100178298
Signed the 990
THOMAS BARRY, DIRECTOR & PRESIDENT
Phone
(202) 630-8381
Return prepared by
BDO USA

Mission

NUTM Foundation, Inc. ("NUTM Foundation") is a nonprofit corporation established under the laws of the State of Delaware, which is formed and operated exclusively for charitable, educational, and/or scientific purposes within the meaning of section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Code"). Specifically, NUTM Foundation is an education organization whose mission is to support post-secondary education in science, technology, engineering, mathematics ("STEM") in Nigeria and throughout Africa. NUTM Foundation plans to pursue its mission by making grants to educational institutions and other 501(c)(3) or 501(c)(3) equivalent organizations in Africa and around the world for purposes such as providing scholarships to students pursuing post-secondary STEM education in Africa, hiring visiting professors in STEM fields, and sponsoring research projects at African universities.

990 for the year ended December 31, 2024

Program accomplishments

  • NUTM Foundation expects to provide support for the University's "Scholars Program," one-year full-time interdisciplinary postgraduate program, in which students learn and study concepts in technology, entrepreneurship and design, management and leadership.
    Expenses $123,175

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-N on file

IRS record

EIN
92-3235652
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 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$3,684
Income (IRS master file)
$126,859

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$126,859$123,175$3,684XML
990-N for 2023
Officer: ZEPHYR MANAGEMENT
December 31, 2023≤ $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 92-3235652).

Questions about NUTM FOUNDATION

What is the EIN of NUTM FOUNDATION?
The employer identification number (EIN) of NUTM FOUNDATION is 92-3235652.
Is NUTM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to NUTM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NUTM 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 NUTM FOUNDATION 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 NUTM FOUNDATION 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 NUTM FOUNDATION?
The 990 for the year ended December 31, 2024 names THOMAS BARRY.
Who are the officers and directors of NUTM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does NUTM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $126,859, expenses of $123,175 and total assets of $3,684 at year end.

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