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Nonprofit · EIN 99-4587961

PROFOUND MASTERMIND INC

Tax-exempt · SKANEATELES, NY 13152

Financials

$70K$23K2024
Revenue Expenses · by fiscal year end
Financials of PROFOUND MASTERMIND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$70,159$22,745$47,414$47,414$0$47,414
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$70,159
Membership dues
$22,275
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,545
Program services (functional)
$8,430
Management and general (functional)
$14,315

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$47,414
Total liabilities, end of year
$0
Net assets, end of year
$47,414
Net assets without donor restrictions
$47,414
Gross receipts
$70,159
Employees
0

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
LISA BELODOFFDIRECTOR
Trustee or director
1$0
DAVID BROWNDIRECTOR
Trustee or director
1$0
ANDY CLEMENTSDIRECTOR
Trustee or director
1$0
GAIL COWLEYDIRECTOR
Trustee or director
1$0
SHAWNI DAVISDIRECTOR
Trustee or director
1$0
KATE HOUCKDIRECTOR
Trustee or director
1$0
SEAN KELSEYDIRECTOR
Trustee or director
1$0
JEFF KNAUSSPRESIDENT
Trustee or director
1$0
DEREK VARGASDIRECTOR
Trustee or director
1$0
STEPHANIE VAVONESEDIRECTOR
Trustee or director
1$0
HETA KNAUSSOFFICER
Officer
1$0
AREL MOODIEOFFICER
Officer
1$0

Address and contacts

Address (IRS master file)
2438 E LAKE RD, SKANEATELES, NY 13152-9034
In care of
% JEFF KNAUSS
Principal officer (990 for 2024)
JEFF KNAUSS, 2438 EAST LAKE ROAD, SKANEATELES, NY 13152
Signed the 990
JEFF KNAUSS, PRESIDENT
Phone
(877) 829-5500
Return prepared by
DAUPHIN & FANTACONE CPAS LLP

Mission

TO BUILD RELATIONSHIPS BETWEEN BUSINESS LEADERS THROUGHOUT UPSTATE NEW YORK AND TO HELP MEMBERS GROW PERSONALLY AND PROFESSIONALLY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION ADVANCED ITS MISSION BY HOSTING CURATED NETWORKING EVENTS THAT CONVENED BUSINESS LEADERS, NONPROFIT PROFESSIONALS, AND EMERGING ENTREPRENEURS. PROGRAMS EMPHASIZED EDUCATION, COLLABORATION, AND COMMUNITY DEVELOPMENT THROUGH EXPERT PRESENTATIONS AND FACILITATED ENGAGEMENT ACTIVITIES, STRENGTHENING LOCAL RELATIONSHIPS AND EXPANDING OPPORTUNITIES FOR PARTICIPANTS. IT ALSO PARTICIPATES IN CHARITABLE GIVING TO HELP BUILD THE UPSTATE NY COMMUNITY.
    Expenses $8,430

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, 2024No data

IRS record

EIN
99-4587961
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)
Education (B90)
Assets (IRS master file)
$47,414
Income (IRS master file)
$70,159

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$70,159$22,745$47,414XML

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 PROFOUND MASTERMIND INC

What is the EIN of PROFOUND MASTERMIND INC?
The employer identification number (EIN) of PROFOUND MASTERMIND INC is 99-4587961.
Is PROFOUND MASTERMIND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to PROFOUND MASTERMIND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROFOUND MASTERMIND 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 PROFOUND MASTERMIND 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 PROFOUND MASTERMIND INC 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 PROFOUND MASTERMIND INC?
The 990 for the year ended December 31, 2024 names JEFF KNAUSS.
Who are the officers and directors of PROFOUND MASTERMIND INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does PROFOUND MASTERMIND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $70,159, expenses of $22,745 and total assets of $47,414 at year end.

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