EXODUS FOUNDATION ORG: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
EXODUS FOUNDATION ORG (EIN 56-2163753)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-18
IRS object ID
202533229349100113
Schema version
2024v5.2
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)
Return2025-11-18T11:20:39-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271507264PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COBB PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17427 Mat M Hill Rd 105-180AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28227ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562163753EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Exodus FoundationorgBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Rev Dr Madeline McClenneyInCareOfNm
Business Name ControlEXODBusinessNameControlTxt
Phone7049479090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Suite 200-214AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREV DR MADELINE MCCLENNEYPersonNm
Person TitleDirectorPersonTitleTxt
Phone7049479090PhoneNum
Signature2025-10-17SignatureDt
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 PersonLIONEL SARGENTPreparerPersonNm
PTINP01510732PTIN
Phone7047099154PhoneNum
Preparation2025-11-18PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$43,823FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$64,052ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Total Rev And Expnss$64,052TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$10,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$10,000CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$2,055OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$2,055OthEmplSlrsWgsDsbrsChrtblAmt
Occupancy Rev And Expnss$1,018OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl$1,018OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$4,681TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$4,681TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$341PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$341PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$30,988OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$230,988OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$49,083TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$249,083TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$49,083TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$249,083TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$14,969ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$12,060CashBOYAmt
Cash EOY$43,825CashEOYAmt
Cash EOYFMV$30,226CashEOYFMVAmt
Acct Rcvbl BOY$1,232AcctRcvblBOYAmt
Acct Rcvbl EOYFMV$1,232AcctRcvblEOYFMVAmt
Pledges Rcvbl BOY$12,365PledgesRcvblBOYAmt
Pledges Rcvbl EOYFMV$12,365PledgesRcvblEOYFMVAmt
Total Assets BOY$25,657TotalAssetsBOYAmt
Total Assets EOY$43,825TotalAssetsEOYAmt
Total Assets EOYFMV$43,823TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$25,657NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$43,825NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$25,657TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$43,825TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$25,657TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$43,825TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$25,657TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$14,969ExcessRevenueOverExpensesAmt
Other Increases$3,199OtherIncreasesAmt
Subtotal$43,825SubtotalAmt
Tot Net Ast Or Fund Balances EOY$43,825TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addressexodusfoundation.orgWebsiteAddressTxt
Individual With BooksRev Dr Madeline McClenneyIndividualWithBooksNm
Phone7049479090PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Suite 200-222AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonRev Dr Madeline McClenneyPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Suite 200-222AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd
FieldValueIRS element (for citing)
TitleDirectorTitleTxt
Average Hrs Per Wk Devoted To Pos60.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1In 2023 Exodus Foundationorg continued building relationships with local and national partnersDescription1Txt
Expenses1$49,085Expenses1Amt
Description2Capacity BuildingDescription2Txt
Expenses2$0Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,400AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,400TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,400AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$36CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,364NetVlNoncharitableAssetsAmt
Minimum Investment Return$118MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$249,083ExpensesAndContributionsAmt
Qualifying Distributions$249,083QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$249,083QualifyingDistributionsAmt
Remaining Distri From Corpus$249,083RemainingDistriFromCorpusAmt
Total Corpus$249,083TotalCorpusAmt
Excess Distri Cyov To Next Yr$249,083ExcessDistriCyovToNextYrAmt
Excess From Current Year$249,083ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$49,085CurrentYearAmt
Year1$127,578Year1Amt
Year2$116,531Year2Amt
Year3$86,398Year3Amt
Total$379,592TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$49,085CurrentYearAmt
Year1$127,578Year1Amt
Year2$116,531Year2Amt
Year3$86,398Year3Amt
Total$379,592TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$43,823CurrentYearAmt
Year1$25,657Year1Amt
Year2$81,849Year2Amt
Year3$86,215Year3Amt
Total$237,544TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
DescContributionsDesc
Exclusion03ExclusionCd

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1aContributions provide funding to continue mentor program with re-entry back into everyday life and supports the annual Restoration conference and supports the overall mission of Exodus.Foundation
1bGrant Funding helps support our cause for helping the formerly incarcerated through the mentor program

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Dues & Subscriptions$407$0$0$407
Advertising$0$0$0$0
Equipment$0$0$0$0
Bank Charges$0$0$0$0
Program Research$321$0$0$321
Care Recipiant Support$0$0$0$0
Legal & Professional$1,098$0$0$1,098
Communications$1,580$0$0$1,580
Postage & Delivery Services$159$0$0$159
Office Supplies$87$0$0$87
Information & Technology$2,060$0$0$2,060
Insurance$1,429$0$0$1,429
Licenses & Permits$0$0$0$0
Mentor Support$0$0$0$0
Advocacy$56$0$0$56
Meeting & Conferences$725$0$0$725
Mentee Care$45$0$0$45
Software$858$0$0$858
Miscellaneous$22,163$0$0$222,163

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescOther ContributionsDesc
Amt$3,199Amt

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