BETA

BENEFITS DATA TRUST: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
BENEFITS DATA TRUST (EIN 20-3455598)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-17
IRS object ID
202632609349301913
Schema version
2025v4.2
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)
Return2026-09-17T15:29:39-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN871353108PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EISNER ADVISORY GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1202 CARNEGIE CENTER SUITE 300AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203455598EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BENEFITS DATA TRUSTBusinessNameLine1Txt
Business Name Line2C/O LYNN E FELDMAN ESQBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBENEBusinessNameControlTxt
Phone6105309285PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12310 WALBERT AVENUE 103AddressLine1Txt
CityALLENTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18104ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLYNN E FELDMAN ESQPersonNm
Person TitleCHAPTER 7 BANKRUPTCY TRUSTEEPersonTitleTxt
Phone6105309285PhoneNum
Signature2026-09-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM EPSTEINPreparerPersonNm
PTINP01307171PTIN
Phone6099210900PhoneNum
Preparation2026-09-14PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLYNN E FELDMAN ESQPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12310 WALBERT AVENUE 103AddressLine1Txt
CityALLENTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18104ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$645,721GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION WAS FORMED TO TRANSFORM HOW INDIVIDUALS IN NEED ACCESS ESSENTIAL BENEFITS. ON OCTOBER 11, 2024 BENEFITS DATA TRUST FILED A VOLUNTARY PETITION FOR RELIEF UNDER CHAPTER 7 OF THE BANKRUPTCY CODE WITH THE UNITED BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body0VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$757,121PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,958,150PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$231,133PYInvestmentIncomeAmt
CY Investment Income-$4,518,235CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$645,721CYOtherRevenueAmt
PY Total Revenue$5,946,404PYTotalRevenueAmt
CY Total Revenue-$3,872,514CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$17,004,046PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,863,390PYOtherExpensesAmt
CY Other Expenses$275,855CYOtherExpensesAmt
PY Total Expenses$23,867,436PYTotalExpensesAmt
CY Total Expenses$275,855CYTotalExpensesAmt
PY Revenues Less Expenses-$17,921,032PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,148,369CYRevenuesLessExpensesAmt
Total Assets BOY$13,801,160TotalAssetsBOYAmt
Total Assets EOY$5,252,649TotalAssetsEOYAmt
Total Liabilities BOY$8,129,689TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,729,547TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,671,471NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,523,102NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBENEFITS DATA TRUST WAS A NOT-FOR-PROFIT ORGNIAZATION COMMITTED TO TRANSFORMING HOW INDIVIDUALS IN NEED ACCESS ESSENTIAL BENEFITS AND SERVICES. THE ORGANIZATION CEASED OPERATIONS AS OF OCTOBER 7, 2024 AND FILED A VOLUNTARY PETITION FOR RELIEF UNDER CHAPTER 7 OF THE BANKRUPTCY CODE WITH THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA ON OCTOBER 11, 2024.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
DescNO PROGRAM SERVICES WERE CONDUCTED DURING 2025.Desc
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members0GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYNN E FELDMAN ESQUIREBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6105309285PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12310 WALBERT AVE STE 103AddressLine1Txt
CityALLENTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18104ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonLYNN E FELDMAN ESQPersonNm
TitleBANKRUPTCY TRUSTEETitleTxt
Average Hours Per Week2.00AverageHoursPerWeekRt
Individual Trustee Or DirectorYes (X)IndividualTrusteeOrDirectorInd
Reportable Comp From Org$0ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DUANE MORRIS LLPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 SOUTH 17TH STAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
ServicesLEGALServicesDesc
Compensation$119,600CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$4,518,235OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$4,518,235OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,518,235TotalRevenueColumnAmt
Exclusion-$4,518,235ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
GAIN ON EXTINGUISHMENT OF OPERATI900099$546,054$546,054
SETTLEMENT OF CLAIM900099$99,667$99,667
FieldValueIRS element (for citing)
Other Revenue Total$645,721OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,872,514TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$3,872,514ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$119,600TotalAmt
Management And General$119,600ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$81,213TotalAmt
Management And General$81,213ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$38,880TotalAmt
Management And General$38,880ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,298TotalAmt
Management And General$12,298ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Total$23,864TotalAmt
Management And General$23,864ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$275,855TotalAmt
Program Services$0ProgramServicesAmt
Management And General$275,855ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,436,843BOYAmt
EOY$4,440,054EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$151,720BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,801,805BOYAmt
EOY$679,047EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$144,407BOYAmt
EOY$133,548EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,518,235BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,748,150BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,801,160BOYAmt
EOY$5,252,649EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,785,486BOYAmt
EOY$3,729,547EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,344,203BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,129,689BOYAmt
EOY$3,729,547EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,671,471BOYAmt
EOY$1,523,102EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,671,471BOYAmt
EOY$1,523,102EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,801,160BOYAmt
EOY$5,252,649EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,148,369ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,894,661CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,534,625CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,067,912CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$757,121CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$62,254,319TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,286,156CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,937,546CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,811,239CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,958,150CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$44,993,091TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,180,817CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,472,171CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,879,151CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,715,271CurrentTaxYearMinus1YearAmt
Total$107,247,410TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,765,964CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,821,471CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,866,851CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,621,809CurrentTaxYearMinus1YearAmt
Total$51,076,095TotalAmt

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$9,765,964CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,821,471CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,866,851CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,621,809CurrentTaxYearMinus1YearAmt
Total$51,076,095TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$56,171,315PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$103,509CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$491,574CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$494,812CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$231,133CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$1,321,028TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$103,509CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$491,574CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$494,812CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$231,133CurrentTaxYearMinus1YearAmt
Total$1,321,028TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$58CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,535CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,011CurrentTaxYearMinus2YearsAmt
Current Tax Year$99,667CurrentTaxYearAmt
Total$285,271TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,284,384CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,979,280CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,543,974CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,946,404CurrentTaxYearMinus1YearAmt
Current Tax Year$99,667CurrentTaxYearAmt
Total$108,853,709TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.51600PublicSupportCY509Pct
Public Support PY5090.51590PublicSupportPY509Pct
Investment Income CY0.01210InvestmentIncomeCYPct
Investment Income PY0.01030InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule C IRS990ScheduleC

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$2,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$3,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$2,425CurrentYearMinus3Amt
Current Year Minus2$32,000CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$34,425TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$500,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$750,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$245CurrentYearMinus3Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$245TotalAmt

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (12 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdDistributionDistributionDt
AXOS
CASH - BANK SERVICE FEES UNDER 11 USC SEC. 330(A)(1)(B), 503(B)(1) AND 507(A)(2)$26,072CASHPO BOX 509127SAN DIEGOCA92150
ABILIA
CASH - OPERATING EXPENSES$2,962CASHPO BOX 737451DALLASTX753732025-05-19
WENDY STARNER
CASH - CONSULTING FEES$28,880CASH4558 CARLISLE PIKENEW OXFORDPA17350
DUANE MORRIS LLP
CASH - FINAL DISTRIBUTION TO CREDITOR FOR LEGAL SERVICESS$119,600CASH30 SOUTH 17TH STREETPHILADELPHIAPA191032025-09-30
EISNER ADVISORY GROUP LLC
CASH - ACCOUNTING FEES$81,213CASH733 THIRD AVENUENEW YORKNY100172025-09-30
INTERNATIONAL SURITIES
CASH - INSURANCE PAYMENT$12,298CASHSTE 420 701 POYDRAS STNEW ORLEANSLA701392025-08-01
IRON MOUNTAIN
CASH - INVOICES PURSUANT TO COURT ORDER$9,237CASHPO BOX 27128NEW YORKNY10087
MOMENTIVE SOFTWARE
CASH - OPERATING EXPENSES$6,872CASHPO BOX 737451DALLASTX753732025-09-15
SALESFORCE INC
CASH - OPERATING EXPENSES$3,980CASHPO BOX 203141DALLASTX753202025-05-01
NG 1500 MARKET STREET LLC
CASH - ADMINISTRATIVE CLAIM$298,496CASHLOCKBOX 825518 525 FELLOWSHIPMT LAURELNJ080542025-06-25
(no name)
CASH - VARIOUS CREDITOR CLAIMS PER COURT ORDERS$1,734,391CASH
(no name)
ABANDONMENT OF FIXED ASSETS$4,518,235ORIGINAL COST BASIS OF CAPITAL ASSETS: $14,347,757ACCUMULATED DEPRECIATION: $9,829,522LOSS ON ABANDONMENT OF FIXED ASSETS: $4,518,2352025-01-01
FieldValueIRS element (for citing)
Director Of Successor20DirectorOfSuccessor2Ind
Employee Of Successor20EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3THE ORGANIZATION CEASED OPERATIONS ON OCTOBER 7, 2024 AND FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024. AS OF OCTOBER 7, 2024, ALL EMPLOYEES, OFFICERS AND DIRECTORS WERE TERMINATED. CONTROL OVER ASSETS AND MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES WERE DELEGATED TO LYNN E. FELDMAN, ESQ., WHO WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. SEE ATTACHED PETITION.
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION CEASED OPERATIONS ON OCTOBER 7, 2024 AND FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024. AS OF OCTOBER 7, 2024, ALL EMPLOYEES, OFFICERS AND DIRECTORS WERE TERMINATED. CONTROL OVER ASSETS AND MANAGEMENT DUTIES CUTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES WERE DELEGATED TO LYNN E. FELDMAN, ESQ., WHO WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. SEE ATTACHED PETITION.
FORM 990, PART VI, SECTION A, LINE 7BTHE ORGANIZATION FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024 AND LYNN E. FELDMAN, ESQ. WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. AS A RESULT, ALL GOVERNANCE DECISIONS ARE RESERVED FOR THE TRUSTEE ALONG WITH CUSTODY OF THE ORGANIZATION'S ASSETS.
FORM 990, PART VI, SECTION A, LINE 8ATHE ORGANIZATION FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024 AND LYNN E. FELDMAN, ESQ. WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. AS A RESULT, ALL GOVERNANCE DECISIONS ARE RESERVED FOR THE TRUSTEE. THERE WERE NO MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024 AND LYNN E. FELDMAN, ESQ. WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. AS A RESULT, ALL GOVERNANCE DECISIONS ARE RESERVED FOR THE TRUSTEE AND THERE WERE NO COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11B990 REVIEW THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND REVIEWED BY THE CHAPTER 7 BANKRUPTCY TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 12THE ORGANIZATION CEASED OPERATIONS ON OCTOBER 7, 2024 AS A RESULT OF FILING FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024. AS OF OCTOBER 7, 2024, ALL EMPLOYEES, OFFICERS AND DIRECTORS WERE TERMINATED. CONTROL OVER ASSETS AND MANAGEMENT DUTITES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES WERE DELEGATED TO LYNN E. FELDMAN, ESQ., WHO WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION CEASED OPERATIONS ON OCTOBER 7, 2024 AS A RESULT OF FILING FOR CHAPTER 7 BANKRUPTCY ON OCTOBER 11, 2024. AS OF OCTOBER 7, 2024, ALL EMPLOYEES, OFFICERS AND DIRECTORS WERE TERMINATED. CONTROL OVER ASSETS AND MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TURSTEES OR KEY EMPLOYEES WERE DELEGATED TO LYNN E. FELDMAN, ESQ., WHO WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF DOCUMENTS THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST.
FORM 990, PART VIII, LINE 7DAS OF JANUARY 1, 2025, THE FOUNDATION DETERMINED THAT CERTAIN FIXED ASSETS WERE NO LONGER RECOVERABLE AS A RESULT OF FILING FOR CHAPTER 7 BANKRUPTCY AND PERMANENTLY ABANDONED THE ASSETS. THE ABANDONED ASSETS HAD AN ORIGINAL COST BASIS OF $14,347,757 AND ACCUMULATED DEPRECIATION OF $9,829,522 RESULTING IN AN ABANDONMENT LOSS OF $4,518,235. THE BREAKOUT OF THE FIXED ASSETS ORIGINAL COST BASIS AND ACCUMULATED DEPRECIATION IS AS FOLLOWS: FURNITURE AND FIXTURES: COST BASIS $636,853, ACCUMULATED DEPRECIATION $636,165 LEASEHOLD IMPROVEMENTS: COST BASIS $3,276,879, ACCUMULATED DEPRECIATION $2,186,768 COMPUTERS AND EQUIPMENT: COST BASIS $450,378, ACCUMULATED DEPRECIATION $441,750 SOFTWARE AND LICENSES: COST BASIS $9,983,647, ACCUMULATED DEPRECIATION $6,564,839
FORM 990, PART IX, LINE 11GOTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 38,880. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,880.

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