Nonprofit · EIN 99-1105175
BALANCE FUND INC
Tax-exempt · BLOOMINGTON, IN 47401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $426,932 | $690 | $426,242 | $428,492 | $2,250 | $426,242 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $403,000
- Program service revenue
- $23,932
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $690
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $428,492
- Total liabilities, end of year
- $2,250
- Net assets, end of year
- $426,242
- Land, buildings and equipment
- $403,000
- Net assets without donor restrictions
- $426,242
- Gross receipts
- $426,932
- Employees
- 0
- Year formed
- 2025
- State of legal domicile
- IN
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 |
|---|---|---|---|
| DANIEL DOWD | Vice President Officer | 10 | $0 |
| ZACHARY KEARNAN | President Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2020 E 2ND ST, BLOOMINGTON, IN 47401-5308
- In care of
- % DANIEL DOWD
- Principal officer (990 for 2025)
- ZACHARY KEARNAN, 2020 EAST 2ND STREET, BLOOMINGTON, IN 47401
- Signed the 990
- DANIEL DOWD, Vice President
- Phone
- (847) 477-4427
- Return prepared by
- JEFF J DOWD CPA
Mission
TO PROVIDE RENEWABLE ENERGY TO MODERATE TO LOW INCOME FAMAILIES AND ECONIMICALLY DISTRESSED AREAS THROUGH FINANCING OR SIGNIFICANTLY REDUCED ELECTRICITY RATES
Program accomplishments
- PROVIDING RENEWABLE ENERGY TO MODERATE AND LOW INCOME FAMAILIES AT SUBSTANTIALLY REDUCED RATES (60% OF CURRENT MARKET RATES)Expenses $690
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 | No data |
| 2023 | December 31, 2023 | May 15, 2024 | No data |
IRS record
- EIN
- 99-1105175
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $428,492
- Income (IRS master file)
- $426,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about BALANCE FUND INC
- What is the EIN of BALANCE FUND INC?
- The employer identification number (EIN) of BALANCE FUND INC is 99-1105175.
- Is BALANCE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to BALANCE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BALANCE FUND 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 BALANCE FUND 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 BALANCE FUND 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 BALANCE FUND INC?
- The 990 for the year ended December 31, 2025 names ZACHARY KEARNAN.
- Who are the officers and directors of BALANCE FUND INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does BALANCE FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $426,932, expenses of $690 and total assets of $428,492 at year end.
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All nonprofits in BLOOMINGTON · Indiana · Community improvement and capacity building