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Nonprofiteer
← DIVERSE POWER FOUNDATION INC

Form 990-EZ for tax year 2024

Filed by DIVERSE POWER FOUNDATION INC.

Totals

Total revenue
$136,440
Total expenses
$181,557
Contributions and grants received
$136,247
Grants paid
$179,107
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
$193
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$159,082
Total liabilities, end of year
$72,568
Net assets or fund balances, end of year
$86,514
Program service expenses (Part III)
$179,107

Program services were 98.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2024

Primary exempt purpose

SEE SCHEDULE O

  • ACCUMULATION AND DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF DIVERSE POWER INCOROPORATED, AN ELECTRIC MEMBERSHIP CORPORATION.

    Expenses $179,107 · Grants $179,107

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Gordon Cone

    CHAIRMAN

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Rickey Nasworthy

    VICE CHAIRMA

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Jim Sills

    SECRETARY

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Lawrence Jeter

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Joel Keith

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Paul Longgrear

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Link Mitcham

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Morris Tatum

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4
  • Drucilla Whatley

    DIRECTOR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    0.4

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2024
Filed
5 May 2025
IRS schema version
2024v5.0
Source object
202521289349201607

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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