ITMA EDUCATIONAL FOUNDATION: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ITMA EDUCATIONAL FOUNDATION (EIN 56-2004758)
- Tax period
- 2024-09-01 to 2025-08-31
- Filed
- 2026-04-10
- IRS object ID
- 202601009349200910
- Schema version
- 2024v5.0
- 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 | 2026-04-10T11:06:35-04:00 | ReturnTs |
| Tax Period End | 2025-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 823116843 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT CORNELIUS CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 W LEXINGTON AVE STE 106 | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562004758 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ITMA EDUCATIONAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ITMA | BusinessNameControlTxt |
| Phone | 3368856842 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 WEST HIGH AVENUE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27260 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARRIE DILLON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3368856842 | PhoneNum |
| Signature | 2026-04-10 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT CORNELIUS CPA | PreparerPersonNm |
| PTIN | P00645659 | PTIN |
| Phone | 3368855100 | PhoneNum |
| Preparation | 2026-04-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | 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.INTERNATIONALTEXTILEALLIANCE.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Type Of Organization Other | FOUNDATION | TypeOfOrganizationOtherDesc |
| Gross Receipts | $169,401 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $17,776 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $8,764 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $142,861 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $101,329 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $41,532 | GainOrLossFromSaleOfAssetsAmt |
| Total Revenue | $68,072 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $16,667 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $94,678 | OtherExpensesTotalAmt |
| Total Expenses | $111,345 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$43,273 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $282,358 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $115,820 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $354,905 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,858 | BOYAmt |
| EOY | $354,905 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,500 | BOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,358 | BOYAmt |
| EOY | $354,905 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,358 | BOYAmt |
| EOY | $354,905 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $16,667 | GrantsAndAllocationsAmt |
| Program Service Expenses | $105,815 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $105,815 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| ANDERSON GIBBONS | ||
| BOARD MEMBER | 0.25 | $0 |
| TAMMY COVINGTON | ||
| BOARD MEMBER | 0.25 | $0 |
| MENDY KEARNS | ||
| TREASURER | 0.50 | $0 |
| ELISE GABRIELSON | ||
| VICE PRESIDE | 0.50 | $0 |
| ANDY PACUK | ||
| BOARD MEMBER | 0.25 | $0 |
| TOM NOTARO | ||
| BOARD MEMBER | 0.25 | $0 |
| STEVE GITTELSON | ||
| BOARD MEMBER | 0.25 | $0 |
| CARLA BLUITT | ||
| BOARD MEMBER | 0.25 | $0 |
| DAVID LAPPERT | ||
| PRESIDENT | 0.50 | $0 |
| TAMMY BUCKNER | ||
| BOARD MEMBER | 0.25 | $0 |
| RICK LOVEGROVE | ||
| BOARD MEMBER | 0.25 | $0 |
| CARRIE DILLON | ||
| EXECUTIVE DI | 0.50 | $77,078 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MENDY KEARNS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 WEST HIGH AVE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27260 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3368856842 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | 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 Minus3 Years | $41,631 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,776 | CurrentTaxYearAmt |
| Total | $80,632 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $750 | CurrentTaxYearMinus1YearAmt |
| Total | $750 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $41,631 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,350 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,776 | CurrentTaxYearAmt |
| Total | $81,382 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $81,382 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $19,300 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,402 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,139 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,764 | CurrentTaxYearAmt |
| Total | $60,605 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $19,300 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,402 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,139 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,764 | CurrentTaxYearAmt |
| Total | $60,605 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $60,931 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,027 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,489 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,540 | CurrentTaxYearAmt |
| Total | $141,987 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.57320 | PublicSupportCY509Pct |
| Public Support PY509 | 0.55100 | PublicSupportPY509Pct |
| Investment Income CY | 0.43000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.45000 | InvestmentIncomePYPct |
| Private Foundation509 | Yes (X) | PrivateFoundation509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | NAME: THOMAS JEFFERSON UNIVERSITY ADDRESS: 1101 MARKLET STREET PHILADELPHIA, PA 19107 CASH CONTRIBUTION: 16,667 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES MARKETING 13,921 INDUSTRY TOUR 23,581 SHOWTIME 104 WEB HOSTING 3,576 OVERHEAD 11,000 SPEAKER FEES 4,587 WEBINAR 4,931 BANK FEES 40 LEGAL FEES 813 ACCOUNTING 2,706 OFFICE EXPENSE 34 AWARDS 10,293 SCHOLARSHIPS 2,500 INTERNSHIPS 16,592 TOTAL 94,678 |
| FORM 990-EZ, PART I, LINE 20 | PY ADJ 152,328 UNREALIZED GAINS & LOSSES -36,508 |
| FORM 990-EZ, PART II, LINE 24 | PLEDGES RECEIVABLE 7,500 0 TOTAL 7,500 0 |
| FORM 990-EZ, PART III | TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY. |