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Nonprofit · EIN 06-1697483

FAULKNER UNIVERSITY FOUNDATION

Tax-exempt · MONTGOMERY, AL 36109

Financials

$7K$5K2023$5K$5K2024$2K$7K2025
Revenue Expenses · by fiscal year end
Financials of FAULKNER UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,115$7,230-$5,115$1,714,789$1,722,003-$7,214
December 31, 2024990$5,349$5,493-$144$1,639,248$1,641,347-$2,099
December 31, 2023990$6,900$5,454$1,446$1,553,099$1,555,054-$1,955
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$2,115

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,260
Management and general (functional)
$7,230

Balance sheet and other

Total assets, start of year
$1,639,248
Total assets, end of year
$1,714,789
Total liabilities, end of year
$1,722,003
Net assets, end of year
-$7,214
Publicly traded securities
$1,223,159
Net assets with donor restrictions
-$7,214
Gross receipts
$2,115
Employees
0
Volunteers
7
Year formed
2003
State of legal domicile
AL

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
JOSEPH VICKERYTRUSTEE
Trustee or director
1$0$154,404
JAMIE HORNTREASURER
Trustee or director, Officer
0.5$0$117,392
DR BILLY D HILYERPRESIDENT
Trustee or director, Officer
2$0$79,755
BARRY BUFORDVICE PRESIDENT
Trustee or director, Officer
0.25$0$26,120
HON CAROLE MEDLEYTRUSTEE
Trustee or director
0.25$0$0
WILMA PHILLIPSSECRETARY
Trustee or director, Officer
1$0$0
HARRELL FREEMANTRUSTEE
Trustee or director
0.25$0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR BILLY D HILYERPRESIDENT
Trustee or director, Officer
2$0$86,113$57,054
JOSEPH VICKERYTRUSTEE
Trustee or director
1$0$130,441$1,374
JAMIE HORNTRUSTEE
Trustee or director
0.5$0$96,209$11,902
BARRY BUFORDVICE PRESIDENT
Trustee or director, Officer
0.25$0$24,000$0
HON CAROLE MEDLEYTRUSTEE
Trustee or director
0.25$0$0$0
HARRELL FREEMANTRUSTEE
Trustee or director
0.25$0$0$0
WILMA PHILLIPSSECRETARY/TREASURER
Officer
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR BILLY D HILYERPRESIDENT
Trustee or director, Officer
2$0$89,487$48,780
JAMIE HORNTRUSTEE
Trustee or director
0.5$0$95,024$10,561
BARRY BUFORDVICE PRESIDENT
Trustee or director, Officer
0$0$21,882$0
HON CAROLE MEDLEYTRUSTEE
Trustee or director
0$0$0$0
TED NORTONTRUSTEE
Trustee or director
0$0$0$0
WILMA PHILLIPSSECRETARY/TREASURER
Officer
0$0$0$0

Address and contacts

Address (IRS master file)
5345 ATLANTA HWY, MONTGOMERY, AL 36109-3323
In care of
% FAULKNER UNIVERSITY
Mailing address (990-N for 2015)
5345 Atlanta Highway, Montgomery AL 36109
Principal officer (990 for 2025)
BILLY HILYER, 5345 ATLANTA HIGHWAY, MONTGOMERY, AL 36109
Principal officer (990-N for 2015)
Billy D Hilyer, 5345 Atlanta Highway, Montgomery AL 36109
Signed the 990
BILLY HILYER, PRESIDENT
Phone
(334) 386-7274
Return prepared by
JACKSON THORNTON & CO PC

Mission

THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, LITERARY AND SCIENTIFIC PURPOSES TO FULFILL CHRISTIAN EDUCATION AT FAULKNER UNIVERSITY,CHURCHES AND OTHER EDUCATIONAL CHARITIES

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE SUPPORT TO FAULKNER UNIVERSITY

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1697483
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2003
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,714,789
Income (IRS master file)
$2,115

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,115$7,230$1,714,789IRS
990December 2024$5,349$5,493$1,639,248IRS
990December 2023$6,900$5,454$1,553,099XML
990December 2022$26,416$20,479$1,787,084IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2015
Officer: Billy D Hilyer
December 31, 2015≤ $50,000 receipts––e-Postcard

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 06-1697483).

Questions about FAULKNER UNIVERSITY FOUNDATION

What is the EIN of FAULKNER UNIVERSITY FOUNDATION?
The employer identification number (EIN) of FAULKNER UNIVERSITY FOUNDATION is 06-1697483.
Is FAULKNER UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to FAULKNER UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FAULKNER UNIVERSITY FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FAULKNER UNIVERSITY FOUNDATION 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 FAULKNER UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FAULKNER UNIVERSITY FOUNDATION?
The 990 for the year ended December 31, 2025 names BILLY HILYER.
Who are the officers and directors of FAULKNER UNIVERSITY FOUNDATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does FAULKNER UNIVERSITY FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,115, expenses of $7,230 and total assets of $1,714,789 at year end.

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