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Nonprofit · EIN 02-0762799

DARSEY FAMILY FOUNDATION INC

Tax-exempt · ALBANY, GA 31708

Financials

$6K$19K2023$134K$57K2024$59K$45K2025
Revenue Expenses · by fiscal year end
Financials of DARSEY FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$59,421$45,101$14,320$489,418$0$489,418
December 31, 2024990-PF$134,340$56,723$77,617$475,098$0$475,098
December 31, 2023990-PF$5,845$19,362-$13,517$397,481$0$397,481
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$11,411
Interest
$2,359
Net gain from sales of assets
$41,941
Other income
$3,710

Expenses

Grants and similar amounts paid
$30,800
Disbursements for charitable purposes
$33,344
Excise tax on investment income
$653

Balance sheet and other

Total assets, start of year
$475,098
Total assets, end of year
$489,418
Total liabilities, end of year
$0
Net assets, end of year
$489,418
Fair market value of assets
$868,374
Qualifying distributions
$33,344
Net investment income
$55,711

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLES B DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
VICE PRESIDE0.5$0
JAMES G JOHNSON
129 WHITE HORSE DR, LEESBURG, GA 31763
NON VOTING T0$0
CHRIS DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
TREASUROR0.1$0
MAELU D CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
SECRETARY0.5$0
LEW CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
PRESIDENT0.75$0
ANDREW B DARSEY
20 DALE STREET, ASHVELLE, NC 28806
TRUSTEE0.1$0
CHASE HARVARD
PO BOX 71269, ALBANY, GA 31708
NON VOTING T0$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
CHARLES B DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
VICE PRESIDE0.25$0
JAMES G JOHNSON
129 WHITE HORSE DR, LEESBURG, GA 31763
NON VOTING T0.01$0
CHRIS DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
TREASUROR0.25$0
MAELU D CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
SECRETARY0.25$0
LEW CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
PRESIDENT0.5$0
ANDREW B DARSEY
20 DALE STREET, ASHVELLE, NC 28806
TRUSTEE0.25$0
CHASE HARVARD
PO BOX 71269, ALBANY, GA 31708
NON VOTING T0.25$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
CHARLES B DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
VICE PRESIDE0$0
JAMES G JOHNSON
129 WHITE HORSE DR, LEESBURG, GA 31763
NON VOTING T0$0
CHRIS DARSEY
2407 ASHMORE AVE, RED BANK, TN 37415
TREASUROR0$0
MAELU D CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
SECRETARY0$0
LEW CULPEPPER
2321 PHEASANT DR, ALBANY, GA 31707
PRESIDENT0$0
ANDREW B DARSEY
20 DALE STREET, ASHVELLE, NC 28806
TRUSTEE0$0
CHASE HARVARD
PO BOX 71269, ALBANY, GA 31708
NON VOTING T0$0

Address and contacts

Address (IRS master file)
PO BOX 71269, ALBANY, GA 31708-1269
In care of
% REGIONS BANK TRUST DEPT
Signed the 990-PF
LEW CULPEPPER, PRESIDENT
Phone
(229) 446-2265
Return prepared by
JG JOHNSON COMPANY CPA PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
02-0762799
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$489,418
Income (IRS master file)
$111,157

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$59,421$45,101$489,418XML
990-PFDecember 2024$134,340$56,723$475,098XML
990-PFDecember 2023$5,845$19,362$397,481XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0762799).

Questions about DARSEY FAMILY FOUNDATION INC

What is the EIN of DARSEY FAMILY FOUNDATION INC?
The employer identification number (EIN) of DARSEY FAMILY FOUNDATION INC is 02-0762799.
Is DARSEY FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to DARSEY FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DARSEY FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DARSEY FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DARSEY FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of DARSEY FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does DARSEY FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $59,421, expenses of $45,101 and total assets of $489,418 at year end.

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