BENEVOLENT NFP: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BENEVOLENT NFP (EIN 45-3136367)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-08-14
- IRS object ID
- 202542269349201439
- Schema version
- 2023v6.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-14T20:53:58-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453136367 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENEVOLENT NFP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENE | BusinessNameControlTxt |
| Phone | 8472312301 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 633 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL KHOURY | PersonNm |
| Person Title | CFO OF FEDCAP | PersonTitleTxt |
| Phone | 2127274200 | PhoneNum |
| Signature | 2025-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.BENEVOLENT.NET | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $16,616 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $16,615 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $1 | InvestmentIncomeAmt |
| Total Revenue | $16,616 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $95,573 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $521 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $56,168 | OtherExpensesTotalAmt |
| Total Expenses | $152,262 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$135,646 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | -$383,581 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | -$519,227 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,339 | BOYAmt |
| EOY | $17,040 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,805 | BOYAmt |
| EOY | $18,208 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,144 | BOYAmt |
| EOY | $35,248 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $599,725 | BOYAmt |
| EOY | $554,475 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$383,581 | BOYAmt |
| EOY | -$519,227 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | TO BRING DIGNITY AND SELF-DETERMINATION TO BOTH SIDES OF THE GIVING EQUATION, ILLUMINATING THE REALITIES OF LIFE ON THE EDGE OF SUSTAINABILITY. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | (SEE SCHEDULE O) | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $95,573 | GrantsAndAllocationsAmt |
| Program Service Expenses | $148,524 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $148,524 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| CHRISTINE MCMAHON | ||||
| PRESIDENT & CEO OF FEDCAP | 1.00 | $0 | $0 | $0 |
| CAROL KHOURY | ||||
| BOARD TRUSTEE/CFO OF FEDCAP | 1.00 | $0 | $0 | $0 |
| KENNETH BREZENOFF | ||||
| BOARD TRUSTEE/GENERAL COUNSEL | 1.00 | $0 | $0 | $0 |
| LYELL RITCHIE | ||||
| BOARD TRUSTEE | 1.00 | $0 | $0 | $0 |
| EDWARD BOLOGNINI | ||||
| EXECUTIVE DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROL KHOURY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 633 THIRD AVENUE 6TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127274200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,891 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $53,579 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,881 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,773 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,615 | CurrentTaxYearAmt |
| Total | $168,739 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,891 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $53,579 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,881 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,773 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,615 | CurrentTaxYearAmt |
| Total | $168,739 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $168,739 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $41 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $41 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,891 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $53,582 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,891 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,800 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,616 | CurrentTaxYearAmt |
| Total | $168,780 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99980 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99990 | PublicSupportPY509Pct |
| Investment Income CY | 0.00020 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00010 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: INTEREST INCOME. AMOUNT: 1. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SUSTAINABILITY GRANTS TO INDIVIDUAL LOOKING FOR EMPLOYMENT.. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 86,289. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: PUBLIC GIFT PASSTHROUGH TO INDIVIDUALS IN NEED.. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 9,284. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 95,573. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: WEBSITE AND IT EXPENSES. AMOUNT: 44,044. DESCRIPTION: BANK CHARGES. AMOUNT: 108. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 5,482. DESCRIPTION: DONATION PROCESSING FEES. AMOUNT: 4,152. DESCRIPTION: REIMBURSED EXPENSES (FEDCAP). AMOUNT: 1,994. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 388. TOTAL TO FORM 990-EZ, LINE 16: 56,168. |
| FORM 990-EZ, PART I, LINE 10, GRANTS AND SIMILAR AMOUNTS PAID: | BENEVOLENT SPECIALIZES IN FUNDING THOSE SMALL (BUT IMPORTANT) THINGS THAT STAND IN THE WAY OF AN INDIVIDUAL'S SUCCESS, LIKE CAR REPAIRS, BUS FARE, A SECURITY DEPOSIT, WORK GEAR/TOOLS OR UNIFORMS, A CERTIFICATION OR LAPTOP. PEOPLE LOVE GIVING WHEN THEY BELIEVE THEIR CONTRIBUTION WILL MAKE A BIG DIFFERENCE IN THE LIFE OF THE RECIPIENT. EVERYONE KNOWS HOW FRUSTRATING IT CAN BE WHEN THERE'S ONE SMALL THING PREVENTING SOMEONE FROM REACHING THEIR GOALS, WHETHER IT'S BUS PASSES FOR A NEW JOB, A LAPTOP FOR SCHOOL, SAFETY EQUIPMENT OR A UNIFORM FOR A NEW OPPORTUNITY. BENEVOLENT HELPS FACILITATE GIVING THROUGH ITS WEB PLATFORM. 100% OF A DONOR'S GIFT GOES DIRECTLY TO THE PERSON WHOSE STORY IS BEING SUPPORTED. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 16,894. END OF YEAR AMOUNT: 19,719. DESCRIPTION: INTERCOMPANY PAYABLE. BEG. OF YEAR AMOUNT: 582,831. END OF YEAR AMOUNT: 534,756. |
| FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: | BENEVOLENT NFP'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO PROVIDE AN ONLINE PLATFORM FOR DONORS TO MAKE DIRECT GIFTS TO INDIVIDUALS IN NEED. BENEVOLENT TRANSFORMS GIVING BY ALLOWING DONORS TO MAKE A CONTRIBUTION SIMPLY, TRANSPARENTLY AND SECURELY. 100% OF EVERY GIFT GOES DIRECTLY TO THE INDIVIDUAL WHOSE STORY IS BEING TOLD AND SUPPORTED. OUR BENEVOLENT VALUES: - WE BELIEVE IN SELF-STARTERS AND WANT THEM TO KEEP MOVING TOWARD STABILITY. - WE BELIEVE THAT STRATEGIC GIVING, EVEN IN SMALL AMOUNTS, MAKES A SUBSTANTIAL IMPACT. - WE BELIEVE THAT WHEN WE ACT TO DO THE RIGHT THING FOR ANOTHER PERSON, WE ARE ALSO TRANSFORMED. - WE BELIEVE WHEN WE TRULY SEE ONE ANOTHER, EMPATHY TRUMPS MISPERCEPTION. - WE BELIEVE THAT BY TRANSFORMING HOW WE GIVE, WE CREATE STRONGER CONNECTIONS AND COMMUNITIES. |