M DURWOOD STEPHENSON FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
M DURWOOD STEPHENSON FOUNDATION (EIN 56-1743375)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-14
IRS object ID
202531349349201923
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T06:26:55-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561519472PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Linwood E Braswell IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1P O Box 731AddressLine1Txt
CitySmithfieldCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27577ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561743375EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1M DURWOOD STEPHENSON FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMDURBusinessNameControlTxt
Phone9199346651PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 1187AddressLine1Txt
CitySMITHFIELDCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27577ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonM Durwood StephensonPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9199346651PhoneNum
Signature2025-04-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLinwood E BraswellPreparerPersonNm
PTINP00162735PTIN
Phone9199343078PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$38,000GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$38,000ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$38,000TotalRevenueAmt
Grants And Similar Amounts Paid$71,869GrantsAndSimilarAmountsPaidAmt
Total Expenses$71,869TotalExpensesAmt
Excess Or Deficit For Year-$33,869ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$40,896NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,027NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$40,896BOYAmt
EOY$7,027EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$40,896BOYAmt
EOY$7,027EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$40,896BOYAmt
EOY$7,027EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED YOUTH AND NONPROFIT ORGANIZATIONS OF SIMILAR GOALSPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTO PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGEDYOUTHDescriptionProgramSrvcAccomTxt
Grants And Allocations$71,869GrantsAndAllocationsAmt
Program Service Expenses$71,869ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$71,869TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (2 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
M DURWOOD STEPHENSON
PRESIDENT2.00$0$0$0
VICKIE R STEPHENSON
TREASURER2.00$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonM DURWOOD STEPHENSONPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11090 WEST MARKET STAddressLine1Txt
CitySMITHFIEDCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27577ZIPCd
FieldValueIRS element (for citing)
Phone9199346651PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Other Support Sum$0OtherSupportSumAmt
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,686CurrentTaxYearMinus1YearAmt
Current Tax Year$38,000CurrentTaxYearAmt
Total$310,186TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,686CurrentTaxYearMinus1YearAmt
Current Tax Year$38,000CurrentTaxYearAmt
Total$310,186TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,686CurrentTaxYearMinus1YearAmt
Current Tax Year$38,000CurrentTaxYearAmt
Total$187,686TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,686CurrentTaxYearMinus1YearAmt
Current Tax Year$38,000CurrentTaxYearAmt
Total$187,686TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$122,500PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$310,186TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.39490PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; Johnson & Wales University - Kayla Robertson: 801 West Trade St., Charlotte , NC, 28202; None, 4000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC Pembroke - Jennifer Hernandez: 1 University Drive, Pembroke, NC, 28372; None, 8500.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; University of Mt. Olive - Brandy Reyes: 634 Henderson St., Mount Olive, NC, 28365; None, 8000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC - Charlotte - Angel G. Garcia: 9201 University City Blvd., Charlotte, NC, 28223; None, 1047.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC Chapel Hill - Andrea R. Martinez: 450 Ridge Road, Chapel Hill, NC, 27599; None, 1000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; Appalachian State University - Leslye Resindiz: 287 Rivers St., Boone, NC, 28608; None, 6000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC Wilmington - Valeria R Hernandez: 601 College Road, Wilmington, NC, 28403; , 7000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; Campbell University - Kaitlyn Free: 143 Main St., Buies Creek, NC, 27506; None, 9000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; Appalachian State University - Dianna Boykin: 287 Rivers St., Boone, NC, 28608; None, 2500.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; East Carolina University - McKenzie Haliski: East 5th Street, Greenville, NC, 27858; None, 7900.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC Pembroke - Bria Bonilla Aguilar: 1 University Drive, Pembroke, NC, 28372; None, 4000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; UNC Wilmington - Kayla Robertson: 601 College Rd., Wilmington, NC, 28403; None, 4000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; Winston-Salem State - Karizma J White: 601 S Martin Luther King Jr Dr, Winston-Salem, NC, 27110; None, 1110.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; East Carolina University - Lorena Ramirez: East 5th Street, Greenville, NC, 27858; None, 3000.
Form 990EZ, Part I, Line 10To provide assistance to economically disadvantaged youth.; Youth Assistance; East Carolina University - Adri Mancia: East 5th Street, Greenville, NC, 27858; None, 4812.

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