Nonprofit · EIN 93-1571078
BUSINESS CULTIVATION FOUNDATION
Also known as BCF
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $112,682 | $103,481 | $9,201 | $13,019 | $0 | $13,019 |
| June 30, 2024 | 990-PF | $31,224 | $22,730 | $8,494 | $8,194 | $0 | $8,194 |
| June 30, 2023 | 990-PF | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Interest
- $32
- Other income
- $112,650
Expenses
- Grants and similar amounts paid
- $5,932
- Compensation of officers, directors and key employees
- $26,900
- Salaries, compensation and benefits (total)
- $4,500
- Disbursements for charitable purposes
- $103,481
Balance sheet and other
- Total assets, start of year
- $8,194
- Total assets, end of year
- $13,019
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,019
- Fair market value of assets
- $13,019
- Qualifying distributions
- $103,481
- Net investment income
- $32
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-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sarah Ada E Porter Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Chief Operations Officer | 20 | $11,400 | $114 |
| Patricia R Parsons Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Chair | 40 | $9,000 | $114 |
| Amber E Samons Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Sec | 40 | $6,500 | $114 |
| Scott Duvall Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Treas | 1 | $0 | $0 |
| Robert R Parsons Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Eugena Wilson Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Chair, Dir | 1 | $0 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Todd Schreier 1212 Bath Avenue Suite 327, Ashland, KY 41101 | Chief Strategist | 30 | $3,913 |
| Renee Parsons 1212 Bath Avenue Suite 327, Ashland, KY 41101 | Executive Director | 30 | $3,600 |
| Sarah Porter 1212 Bath Avenue Suite 327, Ashland, KY 41101 | Administrative Secretary | 30 | $1,300 |
990-PF for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENEE PARSONS 1212 BATH AVENUE, SUITE 327, ASHLAND, KY 41101 | DIRECTOR | 30 | $0 |
Address and contacts
- Address (IRS master file)
- FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
- In care of
- % BUSINESS CULTIVATION FDN
- Signed the 990-PF
- Patricia Parsons, Board Chair
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 93-1571078
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $13,019
- Income (IRS master file)
- $112,682
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $112,682 | $103,481 | $13,019 | IRS |
| 990-PF | June 2024 | $31,224 | $22,730 | $8,194 | XML |
| 990-PF | June 2023 | $0 | $0 | $0 | XML |
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 93-1571078).
Questions about BUSINESS CULTIVATION FOUNDATION
- What is the EIN of BUSINESS CULTIVATION FOUNDATION?
- The employer identification number (EIN) of BUSINESS CULTIVATION FOUNDATION is 93-1571078.
- Is BUSINESS CULTIVATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to BUSINESS CULTIVATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BUSINESS CULTIVATION FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUSINESS CULTIVATION FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS CULTIVATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of BUSINESS CULTIVATION FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 6 people; 3 received compensation from the organization, the highest $11,400 (Sarah Ada E Porter, Chief Operations Officer).
- How much revenue does BUSINESS CULTIVATION FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $112,682, expenses of $103,481 and total assets of $13,019 at year end.
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All nonprofits in WILMINGTON · Delaware · Community improvement and capacity building