Nonprofit · EIN 99-2078540
ECONOMIC OPPORTUNITY FUND
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,022,929 | $79,771 | $943,158 | $969,688 | $26,530 | $943,158 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,000,000
- Program service revenue
- $0
- Investment income
- $22,929
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $30,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,306
- Accounting fees
- $3,951
- Program services (functional)
- $62,250
- Management and general (functional)
- $17,521
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $969,688
- Total liabilities, end of year
- $26,530
- Net assets, end of year
- $943,158
- Gross receipts
- $1,022,929
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2024
- State of legal domicile
- DC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY HOWSER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHELLE KLEPPE-WELLDE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| DANIEL SCHWERIN | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 650 MASSACHUSETTS AVE NW STE 600, WASHINGTON, DC 20001-3979
- Principal officer (990 for 2024)
- JAY HOWSER, 650 MASSACHUSETTS AVENUE NW SUITE, 600, WASHINGTON, DC 20001
- Signed the 990
- JAY HOWSER, PRESIDENT
- Phone
- (202) 381-1198
- Website
- ECONOMICOPPORTUNITYFUND.ORG
- 990-N for 2023 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: JAY HOWSER, 1717 N STREET NW SUITE 1, WASHINGTON DC 20036. Mailing address: 1717 N STREET NW SUITE 1, WASHINGTON DC 20036.
- Return prepared by
- VERDOLINO & LOWEY PC
Mission
BROADEN ECONOMIC OPPORTUNITY FOR ALL AMERICANS BY BUILDING A STRONG, RESILIENT MIDDLE CLASS.
Program accomplishments
- AFFORDABLE HEALTHCARE: EVERY AMERICAN SHOULD HAVE ACCESS TO QUALITY, AFFORDABLE HEALTHCARE.Expenses $20,750 · grants $10,000
- FAIR TAX POLICY: A FAIR TAX POLICY IS CRITICAL TO BUILDING A STRONG MIDDLE CLASS AND REDUCING POVERTY.Expenses $20,750 · grants $10,000
- CIVIC ENGAGEMENT: AMERICA IS STRONGEST WHEN MORE PEOPLE ARE ENGAGED IN VOTING, SUPPORTING DEMOCRATIC INSTITUTIONS, AND ENGAGING IN THEIR COMMUNITIES.Expenses $20,750 · grants $10,000
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2078540
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $969,688
- Income (IRS master file)
- $1,022,929
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,022,929 | $79,771 | $969,688 | IRS |
| 990-N for 2023 Officer: JAY HOWSER Filed under this EIN, most likely by a chapter or affiliate | June 30, 2024 | ≤ $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 99-2078540).
Questions about ECONOMIC OPPORTUNITY FUND
- What is the EIN of ECONOMIC OPPORTUNITY FUND?
- The employer identification number (EIN) of ECONOMIC OPPORTUNITY FUND is 99-2078540.
- Is ECONOMIC OPPORTUNITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2025.
- Are donations to ECONOMIC OPPORTUNITY FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ECONOMIC OPPORTUNITY FUND 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 ECONOMIC OPPORTUNITY FUND 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 ECONOMIC OPPORTUNITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ECONOMIC OPPORTUNITY FUND?
- The 990 for the year ended June 30, 2025 names JAY HOWSER.
- Who are the officers and directors of ECONOMIC OPPORTUNITY FUND?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ECONOMIC OPPORTUNITY FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,022,929, expenses of $79,771 and total assets of $969,688 at year end.
Other nonprofits in WASHINGTON
- AARP EIN 95-1985500 · last filed 990 for 2024
- LEAGUE OF CONSERVATION VOTERS INC EIN 52-1733698 · last filed 990 for 2024
- OUR AMERICAN FUTURE FOUNDATION EIN 88-4235954 · last filed 990 for 2025
- BUILDING AMERICA S FUTURE EIN 85-1359192 · last filed 990 for 2024
- THE VOTER PARTICIPATION CENTER EIN 55-0889748 · last filed 990 for 2024
- PROTECT DEMOCRACY PROJECT EIN 81-4777062 · last filed 990 for 2024
- HUMAN RIGHTS CAMPAIGN INC EIN 52-1243457 · last filed 990 for 2025
- CENTER FOR VOTER INFORMATION EIN 03-0554750 · last filed 990 for 2024
All nonprofits in WASHINGTON · District of Columbia · Civil rights, social action and advocacy